The need for diamond loans is, unfortunately, a sign of the times across the U. S. And most other parts of the world. Rising inflation, unemployment rates and corporate downsizing have created a crisis that has not been seen since the days of the Great Depression. This has increased business for diamond Loan companies and pawn shops, as more and more people turn to alternate ways of making money and paying bills.
This type of transaction is different than turning in your mother's wedding ring or that solid gold necklace you got from an old boyfriend or girlfriend. In a typical pawn shop, you must sell your jewellery or other valuables in exchange for cash. Often, the location of the shops are in unsafe areas, and the salespeople are not fully trained in assessing the true value of your items. The salespeople know that those who come into their shop are usually desperate for cash and will settle for any amount.
While this is certainly not true of all pawn shops, that is the perception that many people have. That's part of the reason that diamond loan companies were created - to help those in need, not to intimidate or use unscrupulous sales tactics.
With these companies, your diamonds and valuables are appraised by professional gemologists. They will give a fair and accurate price for the diamonds, so you don't have to worry about being told your diamond is worthless when it isn't.
With a loan, you can be assured that you will get your valuables back once you've paid back the money you owe (plus interest.) All diamonds and other collateral is kept in a vault, safe and secure. The terms of the loan will vary of course, depending upon how much your collateral is worth, how much money you need, and how long you need it for.
It doesn't matter whether you are a business owner, a pro-athlete, a celebrity, or just an everyday person. Everyone gets treated with the same respect and dignity they deserve. These professionals understand that at times, people from all walks of life need a little help.
Diamonds are not the only thing that can be used as collateral. Cars, boats and even designer handbags can be appraised. You don't need to book an appointment to have a confidential meeting with one of the professional appraisers. Each meeting is conducted in a private office and the goal is to make sure that each person feels comfortable and secure.
The buildings and shops are located in well-lit, safe areas of the city where crime rates do not soar above the national average. This is not a coincidence. They are meant to give a safe and secure atmosphere to those who walk through the doors. As soon as you enter, you will feel and see the difference from a traditional pawn shop.
These loans are created with one thing in mind: to give you the instant cash needed so that you can have peace of mind. Whether it's needed for bills, rent, mortgage, car payment, or a graduation gift for your teenager, you can rest assured knowing you have the cash you need, and your valuables are safe and secure.
Your valuables are photographed, insured, tagged and placed into bank vaults. There is great peace of mind knowing that all of your needs are taken care of, and that precious jewelry and valuables will eventually be returned, in pristine condition. Private information is never shared with anyone else and all transactions are confidential.
These types of loans are very popular among those with bad credit, or those who cannot secure loans with banks or financial institutions. Credit scores and credit histories are of no concern to these companies, because diamonds and other valuables are used as collateral. In other words, if the loan is not paid back as per the agreed upon terms, the company has the right to keep or sell the valuables. Keep in mind, though, that they will work with you as much as possible to make sure this doesn't happen.
If you own a home, experts recommend that you keep at least three months' worth of expenses in the bank at all times, in case of catastrophes like a broken furnace, plumbing issues or they myriad of other problems that can plague homeowners. This is very difficult for most people, however, and as such, they turn to companies that offer a diamond loan on demand in order to secure the cash they need, while still being able to keep their valuables safe and secure.
Regal Capital Lenders has grown to become regarded as the premier Atlanta diamond buyer! We gained momentum in the diamond industry quickly, largely due to the nature of our expertise.
