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What Should You Really Look for in a Pawnbroker?

Aug 3, 2019

There are times when we all need quick cash. This could be for a medical appointment, utility bill, replacement car, repair, or anything else. You may just want to declutter your home and sell off some things to make some extra cash. One of the best ways to do this is to approach a reputable pawnbroker and get the best prices possible.

What to Look for in a Pawnbroker

There are plenty of Sydney pawnbrokers, but the problem is that they are not all the same. Unfortunately, some pawnbrokers are not entirely honest and will try to scam their customers. They may not be entirely honest and may not be completely transparent about their prices. In the spirit of finding the best pawnbroker possible, here are some things to look for:

  1. Complete Transparency in Pricing

If you’re selling gold and other jewellery, you really need to know how much you’re going to be getting per gram. Not every pawnbroker is willing to tell you what they buy at per gram and this can make for an obfuscated process where people can be ripped off.

The best thing is to look for a pawnbroker who will tell you exactly what they’ll buy gold at per gram and what they’ll pawn it for per gram. This way, you can get a much better idea of how it compares to current gold value prices.

  1. Get Cold Hard Cash

Some pawnbrokers will offer you a cheque instead of cash for your items. This should always be avoided as it can take up to four full days for a cheque to clear into a bank account. This defeats the whole purpose of fast cash.

You should always use a pawnbroker who will offer real cash for your items. This means there’s no waiting and you can get the money you need on the day that you need it.

  1. A Secure and Comfortable Location

Some pawnbrokers do deals in grubby back rooms, but this really is no way to conduct business in today’s world. It’s always best to find a pawnbroker who has a secure and comfortable office to do business in. Do you really want to be doing a deal in someone’s grubby back office over a glass counter that hasn’t been cleaned in weeks?

Make Money Fast

Sometimes, you just need quick cash for an emergency or for savings. You probably already have a lot of things around your home that can easily be sold for cash to a pawnbroker. Just make sure that you go to a reputable pawnbroker who has a safe and secure premises, makes you feel comfortable, offers great prices that are transparent, and deals in cold hard cash.

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