All Press Releases for August 28, 2012
Online Pawn Shop Offers 1% Interest Loans
Online pawn shop, iPawn is offering 1% interest loans which it easy and affordable on the pockets of the borrowers.
TYLER, TX, August 28, 2012 /24-7PressRelease/ -- Online pawn shop, iPawn is offering 1% interest loans which are highly easy and affordable on the pockets of the borrowers. People who are hard-pressed for cash can get instant cash when a high end valuable is pawned online. The loan can be repaid and the item will be shipped back to the borrower. This is truly the wonder that technology has brought in. At one point in time people had to knock at the doors of the brick and mortar pawn brokers in order to get the required cash immediately. However today luxury items could be pawned through the internet and cash is procured almost instantly.
The online store offers cash within a matter of 24 hours. When contacted to learn more about how all this works through the online platform, the spokesperson for iPawn replied, "All you have to do is tell us about your valuable item that you are going to pawn with us. The item could belong to any of the categories like jewelry, precious metals, luxury watches, diamonds and others. For instance, an Italian 18k gold bracelet can get you around $3440 loan. And you pay only 1% interest on this per month. We do not charge any hidden costs, no credit checks and no exorbitant interest rates. And most importantly we are 100% insured and fully licensed and regulated under the Office of Consumer Credit Commissioner (OCCC) regulations act."
The online pawn shop was introduced with a premise to provide safe and affordable access to short term cash needs that people may experience intermittently when sudden expenses take people by surprise. Online pawn shops like iPawn have revolutionized the entire concept of borrowing, with its highly affordable interest rates. iPawn also extends a similar service to small businesses at 3%-5% interest rates. With such immediate financial help in the offering, hurdles are no longer a major obstacles.
For further details regarding how the online pawn shop works and to learn more about what the online company offers loans on log on to www.ipawn.com.
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