William S. Rich & Son offers some of the most fair and favorable rates for pawn loans in New Jersey. Collateral loans can be the best way to get money fast. By putting up your jewelry and other valuables, you can get a loan that’s quick and secure

Benefits of Pawn Loans
Why pawn loans? There are many reasons why you should consider pawnshop loans:

Secure Loans
Unlike bank loans or payday advances, you don’t need a credit check or a bank account. Your valuables are collateral for your cash loan, so should you default, it won’t negatively affect your credit in the future.

Easy and Fast
Get your cash in an instant. After appraisal, you can get your loan in cash or check before you walk out the door.

Reasonable Terms
Payday loans can cost you up to 400% by the time you finish paying for them. With the current laws in place, New Jersey pawnshops charge a service charge of up to 3.7% per month and a total APR of 44.4%

Buy Back Your Heirlooms
Taking out a pawn loan is like borrowing from yourself – you are simply getting cash for the value of something you already posses. Within the holding period (usually 10 months) you can pay back the loan and get your valuables back, and get another loan.