Do Pawn Shops Offer Loans on Works of Art?

Do Pawn Shops Offer Loans on Works of Art?

Central Mega Pawn is here to help our friends and neighbors throughout Pomona, Ontario, Upland and other nearby communities. That means that you’re in a financial bind, and need quick cash, we are here to help. Pawn loans for works of art are one such service we provide. As San Bernardino’s favorite pawn shop, Central Mega Pawn has served the local community since 1984.

For 25 years, we have provided pawn loans to our neighbors in financial need, with fair, easy to understand pawn loans. We accept a vast variety of items as collateral for loans, including works of art. So, if you’re wondering: Do pawn shops offer loans on works of art? The answer is yes. Feel free to bring your art into our shop on Central Avenue in Pomona to inquire about a pawn loan. As a locally owned and operated pawnshop, we are here to provide pawn loans for artwork and other items.

Benefits of Pawn Loans

People pawn items because they need immediate cash for a brief period. This cash helps bridge financial gaps. Perhaps you’re between jobs and need a bit of cash to pay your utility bills. Or, maybe you had an unexpected expense, such as car repairs, that threw your budget off track. Whatever the reason for a financial shortfall, a pawn loan can fill a necessary gap in cash flow.

Pawn loans offer unique benefits that a loan from a bank or other traditional lender won’t offer. For starters, a pawn loan is not based on your credit score. Central Mega Pawn will never run your credit, nor report a late loan payment to credit agencies. This allows you to borrow money without the fear that any slight misstep will negatively impact your ability to borrow money in the future.

A second reason pawn loans are unique is due to their confidentiality. No one will know that you have a pawn loan with Central Mega Pawn unless you tell them. We offer anonymity, so you never need to feel embarrassed that you needed financial help.

A third reason to pawn works of art, lies in the fact that there is no waiting time to get your cash. If you bring in artwork and we agree to offer you a loan on the item, you won’t have to wait a week for a credit card, PIN number, or loan agreement to arrive. You will leave our shop with cash in your pocket immediately.

A loan from Central Mega Pawn also doesn’t require you to have a cosigner, or a bank account, which traditional lenders may require if your credit isn’t high enough. Likewise, there is no limit to the number of loans you may have at one time with us. If you need to pawn for example, a work of art, an antique, and a guitar, we are perfectly happy to extend three loans to you.

Pawn loans often also have far more favorable interest rates than a payday loan company or cash advance company. At Central Mega Pawn, our interest rates range from 2%-35.99%, depending upon the value of the collateral (item) that you pawn with us. By contrast a payday loan can have an interest rate of more than 600%! According to CNBC, the typical interest rate in California is a whopping 460%! So, a pawn loan that tops out at 35.99% can save you an absolute fortune in interest.

Pawning also allows you to maintain ownership of your artwork, or other item. As long as you make your monthly payments or request an extension and keep up with the interest, your item will be returned to you upon fulfillment of your loan. This is quite different from selling an item outright. At Central Mega Pawn, we do buy items every day, but if you don’t want to give up ownership of your item, and still need fast cash, a pawn loan is the way to go.

A final reason you may want to pawn a work of art at Central Mega Pawn is the simplicity of our loan terms. There is no fine print when it comes to our loans. We offer four-month, flat rate loans. We also expect the unexpected, and are willing to work with you, if you cannot completely pay back your loan in four months.

In those cases, we are happy to extend or renew your loan, if you keep current with the interest payments. If you are in good standing with the interest payments on your loan, we will continue to hold your collateral item, and will not sell it. However, if you do not keep current with your interest, we will list your item for sale.

Pawn Loans Help You Through Tough Financial Times

Pawning has a long history dating back thousands of years, and today the industry continues to thrive. Using personal items as collateral, Central Mega Pawn is happy to provide you with a loan to help you get through tough financial times.

The types of items we may accept as collateral for a pawn loan at Central Mega Pawn include:

  • Antiques
  • Art
  • Coins
  • Collectibles
  • Gold Jewelry
  • Silver Jewelry
  • Platinum Jewelry
  • Videogame Consoles
  • Sports Equipment
  • Camping/Outdoors Equipment
  • Designer Watches
  • Luxury Handbags
  • Electronics
  • Desktop Computers
  • Laptop Computers
  • Tablets
  • iPhones and Android Phones
  • Sports Memorabilia
  • TV and Film Memorabilia
  • Hand tools
  • Power Tools

Central Mega Pawn is the Best Place for Pawn Loans for Art

Central Mega Pawn is the leading pawn shop serving Pomona, Upland, and Ontario. As a longtime, established, and reputable business, we’ve been providing our friends and neighbors in financial need with easy-to-obtain pawn loans for decades. that have simple terms and can be extended. It is truly our honor to provide valuable services, premium products, and safety nets when our neighbors find themselves in a financial bind.

We are here to help when you’re in a financial bind. We’re looking forward to showing you why we’re the Inland Empire’s favorite pawn shop. Central Mega Pawn is open seven days a week from 9:30 am – 6:00 pm. Don’t forget to follow us on Facebook to see hot new items we’ve got in stock as they come in. Or shop our awesome online store 24/7 from anywhere! We look forward to meeting you!

Finding a Pawn Shop Near Upland That Loans Money on Musical Instruments

Finding a Pawn Shop Near Upland That Loans Money on Musical Instruments

Did you know that music instruments can be pawned for immediate cash in the Inland Empire? Yes, you read right. If you need money today, but don’t want to sell your guitar, sax, drum kit, violins, keyboards, trumpet, clarinet, or other instrument, you can turn it into money, without giving up ownership. Here’s how to find a pawnshop near Upland that loans money on musical instruments.

Since 1984 Central Mega pawn, serving Pomona, Upland, Ontario and surrounding communities has provided instant cash loans for musical instrument and other items. Central Mega Pawn cash loans for instruments offer clear terms, and simple repayment plans. If you’re in need of cash today, bring your instrument into our store on Central Avenue in Ontario. Central Mega Pawn is a locally owned and operated pawn shop.

10 Reasons to Get a Pawn Loan for Your Musical Instrument

Pawn loans for instruments near Upland offer tons of benefits when compared to a loan from a traditional lender. Here are ten benefits of getting a loan from Central Mega Pawn for your musical instrument.

1. You’ll get immediate cash

A pawn loan from Central Mega Pawn will put cash in your hands in minutes. You won’t be waiting for any approval letter to come through mail. You don’t need to fill out a lengthy loan application on a website, only to find out that the lender needs more information or time to decide. At Central Mega Pawn, your instrument will be used as collateral, and we will offer you a percentage of the item’s value on the spot. You can leave our store with money in less than 20 minutes.

2. Our interest rates are much better than payday loans

Pawn loans for musical instruments have much better interest rates than the interest rate you’ll get from a cash advance company or payday lender. Our loan interest rates range from 2%-35.99%, depending upon the value of the instrument you pawn. Compared to payday loans which have interest rates of more than 450% in California, even our highest interest rate will save you a fortune compared to repaying a cash advance.

3. Your credit history doesn’t matter

At Central Mega Pawn, we’re not interested in learning that 7 years ago you were late on an electric bill. We don’t care that you have a five-year-old bankruptcy. We do not check your credit, and your credit history plays no role in getting you a loan. We accept your musical instrument as collateral, and if you default on the loan, we become owners of your musical instrument, and will sell it. But we don’t run your credit, or care about mistakes with credit you’ve made in the past.

4. Your future credit won’t be impacted

We don’t care about your credit history, and we’re not here to mess with your credit in the future. Even if you default on your pawn loan repayment, nothing with be reported to credit agencies. So, you won’t need to worry about a negative mark against you for the future, if for any reason you cannot repay the loan.

5. Your loan will be confidential

We protect your anonymity when you pawn an item with us. If you want to tell people you got a great loan from Central Mega Pawn, we would love the good referral and recommendation. But we will never share that you have taken out a loan on your musical instrument with us.

6. You will get your item back after repayment

Pawning is so helpful to people going through a financial hardship because it offers you cash you need, without giving up your item. So, you don’t have to sell your Fender amp, or Yamaha keyboard outright. You will turn the item over to Central Mega Pawn when you accept the loan terms and offer. Then, upon fulfillment of your repayment, your guitar, trumpet, drumkit, or band instrument will be returned to you.

7. You don’t need a bank account or co-signer

Much like we don’t investigate your credit history, we also don’t require you to have a bank account, minimum balance, or a co-signer. Our loans are offered using your instrument as collateral. We won’t ask anyone, or any institution to vouch for you for us to loan you money.

8. You can have multiple loans at a pawnshop near Upland

At Central Mega Pawn you can have multiple pawn loans at once. That means if you already have a loan for a ring, or gold chain, we can still extend a loan to you for a musical instrument. Each item you pawn has its own loan, so you’re welcome to get more than one loan with us.

9. Your loan can be extended or renewed

When looking for a pawnshop near Upland that loans money on musical instruments make sure you find a pawnshop that will allow you to extend your loan. At Central Mega Pawn, we are happy to renew or extend the loan if you pay the interest on time. If you’re having trouble making the full payment each month, we are happy to work with you. Just be sure to keep current on the interest due each month.

10. Loans for instruments have simple loan terms

The simplicity of our loans is another reason that you may consider pawning a musical instrument for cash near Upland. Loans are to be repaid over four months, and there isn’t a lot of fine print. If we accept your instrument as collateral, you’ll sign a simple loan agreement to repay the loan within four months. That’s it. If you default, we will keep your instrument. But if you keep up with all interest we can extend or renew your loan.

Items You Can Pawn for Fast Cash in the Inland Empire

At Central Mega Pawn in Ontario, near Pomona and Upland, we are here to help you through tight financial times with pawn loans for your items. We loan money on musical instruments and other items including:

  • Antiques (dishware, flatware, typewriters, games, clocks)
  • Art (paintings, sculptures)
  • Brand Name Power Tools
  • Computers
  • Designer Watches
  • Electronics
  • Engagement Rings
  • Gemstone Jewelry
  • Gold Chains
  • High End Handbags
  • Laptop Computers
  • Memorabilia
  • Outdoor Gear (camping, hiking, climbing)
  • Rare, Unique, Foreign Coins
  • Smart Phones
  • Sports Equipment and Gear (snowboards, skis, bikes)
  • Tablets
  • Videogaming Consoles
  • Wedding Rings
Central Mega Pawn Serves Ontario, Pomona & Upland

Central Mega Pawn is the most reputable, longstanding pawn shop serving Pomona, Upland, Ontario, San Dimas, Claremont, Rancho Cucamonga, Fontana, Chino and surrounding areas. We’ve provided fast pawn loans for decades.

We are here to help you get cash for your musical instrument when you need it. Central Mega Pawn is open seven days a week from 9:30 am – 6:00 pm. Follow us on Facebook to see new items, and remember to shop our e online store if you can’t come into our shop in Ontario.