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
- Designer Watches
- Engagement Rings
- Gemstone Jewelry
- Gold Chains
- High End Handbags
- Laptop Computers
- Outdoor Gear (camping, hiking, climbing)
- Rare, Unique, Foreign Coins
- Smart Phones
- Sports Equipment and Gear (snowboards, skis, bikes)
- 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.