With rates 1/3 the typical pawnshop, and 6 times as long to repay the loan, plus the assurance of fair and expert evaluation from a certified specialist, consumers can borrow more, pay less and do it all from the comfort of their own home
Denver, CO (PRWEB) December 23, 2010
Your local pawnshop is being challenged by convenient technology and attractive loan features that only a centralized “super pawn” online business can provide, according to a special consumer pawn report released this week. Now, consumers who can wait 24 hours to get their cash are trying new online alternative without leaving the comfort of their home or office.
The Consumer Pawn Report, sponsored by Internet Pawn, identifies 5 key areas of consideration for consumers in their evaluation of online pawn loan brokers as alternatives to traditional pawnshops. Lower rates, longer and more flexible terms as well as signficant convenience factors from conducting the loan process completely online are a few of the compelling reasons more and more consumer are pawning online, according to the report which is available for download here Consumer Pawn Report.
“Online customers just get a better deal online,” said Internet Pawn CEO, Todd Hills, who has spent over 25 years in the pawn business including running several chains of pawn stores. “With rates 1/3 the typical pawnshop, and 6 times as long to repay the loan, plus the assurance of fair and expert evaluation from a certified specialist, consumers can borrow more, pay less and do it all from the comfort of their own home.”
Internet Pawn makes quick and secure pawn loans online 24/7 against jewelry, watches, quality cameras or electronics from the privacy and convenience of the customer’s own home. Internet Pawn will make loans on most anything that has a current value of $500 or more and can be shipped via FedEx. Items ship free of charge to Internet Pawn insured up to $50,000 per shipment by Lloyd’s of London. Expert evaluators assess the market value of the asset and make a loan offer to the customer. Once the loan offer is accepted, the customer has 6 months before being required to make a payment. Internet Pawn returns the item to the customer free of charge, again fully insured by Lloyd’s.
About Internet Pawn
A member of the Better Business Bureau, Internet Pawn provides competitive pawn loans quickly, securely and privately with better loan amounts, rates and terms than local pawnshops. Internet Pawn executives have 25 years experience in the pawn industry. Based on its experience and proprietary valuation technology, the company guarantees premium value loans for customers’ assets. Internet Pawn provides personalized attention to its customers and maintains transparency throughout the entire loan process. For more information, visit http://www.internetpawn.com.