Seven Best to Worst Way to Borrow $500

Sterling & Knight

Jewelry & Pawn

Sterling-Knight-Jewelry-Pawn-Cash-for-GoldA recent article by Dawn Papandrea on Fox Business News listed pawn shops as the 2nd best way to borrow $500! If you need a short term loan, Sterling & Knight Jewelry & Pawn in Villa Park and Hinsdale is here to help! Its fast, easy and safe. Below is what she had to say about pawnshops:

“Pawnshop loan. Believe it or not, a pawnshop loan is one of the better options to consider, says Mary Hunt, author of “7 Money Rules for Life,” and founder of Debt-Proof Living. “A lot of people think of them as back alley, but that’s really not how they work anymore,” she says. In fact, thanks to shows like “Pawn Stars,” they’ve become more mainstream than ever.

The way it works is you bring in an item as collateral for the cash they give you. The pawnshop must keep your item for an agreed upon amount of time (for instance, 90 days). If you come back and pay back the loan before the term is up, you get your item back. If you don’t, your item is sold
 

The perks: “It’s clean. There are usually no credit checks. And you have the option to not pay it back legally,” says Hunt. In terms of risk, the only thing to consider is how much sentimental value the item has, just in case you’re unable to pay for its safe return.”

Read the whole article: http://www.foxbusiness.com/personal-finance/2012/07/27/7-best-to-worst-ways-to-borrow-500/#ixzz2HD4KM9XW

Sterling & Knight Jewelry & Pawn is the highest rated pawn shop chain in Du Page County. To read what our customers have to say about us, click here!  To learn more about J. Ford Sunderland, President & CEO or Sterling & Knight, click here!

We have two locations to serve you! We are located in:

Villa Park

109 E. St Charles Road Villa Park, IL 60181 630.833.0800 shaina@skjewelryandpawn.com

Hours: Monday 10 – 7:00 Tuesday – Friday 10 – 6:00 Saturday 10- 3:00

Hinsdale

244 E. Ogden Ave. Suite 114 (In the Courtyard of Koshgarian Plaza) Hinsdale, IL  60521 630.321.5600 info@skjewelryandpawn.com

Hours: Monday – Friday   10 – 6:00 Saturday  10 – 3:00

Sunday by appointment.

If you refer a new customer to our store, you receive a 3% referral bonus, just like referring someone to host a Gold Party.

Please visit our website at

www.skjewelryandpawn.com

Thank you for your business and continued faith in our local, family owned business. We’ve had the privilege of working with wonderful customers and helping them in these troubled times.

           

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