Pawnbroking- Breaking the Myths

PAWNBROKING BREAKING THE MYTHS WHAT'S PAWNBROKING? A fast, easy and safe way to secure loans against your assets 7. MYTHS ABOUT PAWNBROKING MYTH 1 IT IS EXPENSIVE MONTHLY INTEREST RATES PAY-DAY LENDERS TRADITIONAL CLASSIC CREDIT CARDS UNBOLTED PAWN BROKERS 2241% (E) MYTH 2 PAWNBROKING IS FOR SMALL AMOUNTS I got a £9,000 loan against my gold Rolex Day Date II I received a loan offer of £11,000 against my 2.5 carat GIA certified diamond. 99 ΜΥΤΗ 3 I ONLY GET A SMALL PERCENTAGE OF THE VALUE OF MY ITEM UNBOLTED ASSET LOAN PLAYER 1 PLAYER 2 62% 65% 80% ON GOLD ITEMS MYTH 4 I WILL LOSE THE ITEM IF I PAWN IT INCORRECT! On an average, 85% of the pawned items are redeemed. Even during the term of the loan, you remain the owner of the items. ΜΥΤΗ 5 THE PAWNBROKER WANTS TO KEEP MY ITEM AND SELL FOR A PROFIT NO! A pawnbroker can never sell your item at a profit. In fact, in only 15 out of 100 cases, the item is sold to cover your dues and if there is any surplus from the sale it is always given back to you." *for pawned items over £75 only MYTH 6 PEOPLE DON'T USUALLY PAWN 2.5 mn of people who have used pawnbrokers are satisfied. 95% people pawn in the UK MYTH 7 THIS INDUSTRY IS FULL OF DODGY OPERATORS Pawnbrokers are regulated by the Financial Conduct Authority, accountable to the Treasury and through it to the Parliament. UNBOLTED ASSET LOANS IN 3 EASY STEPS TALK TO US DROP OFF YOUR ITEM ACCEPT LOAN, RECEIVE MONEY Click a picture of your item Send your items to us by next day courier by direct bank transfer in minutes It's free It's fast It's fully insured Log onto www.unbolted.com Cant post it? We will send specialist handlers as needed Send us the photo Unbolted SOURCES www.thenpa.com www.money.co.uk 1.