Modell Collateral Loans

Buying Guns From Pawn Shops

PODCAST: This is why most of your stuff is worthless

Most of what you own is worthless. I'm not being judgmental. It's a fact.

Tips for Buying Gold Jewelry

You'll know exactly what you're buying when you learn the facts about the terms used to describe gold.

How to Clean Coins to Make Them More Valuable

You come across a rare 1909 Indian Head Cent, generally worth over $400. But wait it’s very dirty and tarnished. What do you do?

Selling to and Buying From Pawn Shops: How Do Pawn Shops Determine Value?

Before approaching a pawn shop, learn how do pawn shops determine value of items pledged as collateral. Pawn shops will look into the condition of the item, its resale value, and appraised market value to determine its price and offer you the same. Learn here the ins and outs of buying and selling to pawn shops, including the regulatory agencies which govern them.

How Pawn Shops Can Help When Times Are Tough

There are many factors that determine the amount of money you will be offered for a piece of jewelry when you take it to a pawn shop. This ...

Understanding Business Collateral Requirements for SBA Loans

If your business needs financing, it’s important to understand what collateral should be pledged fora small business loan or line of credit.

Craziest Things Used as Collateral

Collateral is used as a type of insurance when you take out a loan – if something happens and you can’t repay your loan, the bank or lender still has the collateral, so they can get something back. One common … Continue Reading

Ensuring Your Collateral is Properly Insured

Written by Wayne Spangler, AssociateWhen lending money to businesses, lenders typically require borrowers to provide evidence that the collateral securing their loan is adequately insured. Not only does the borrower need to have the correct type of coverage and the correct amount of coverage, but lenders also need to work with borrowers and their insurance agents to ensure lenders are properly named on those policies…

3 Reasons to Use Pawn Shops vs. Selling Items On Your Own

Whether an emergency requires collecting some extra cash or you wish to let go of unused valuables, pawn shops offer an ideal solution. Rather than dealing with the risk

(M) Getting a Business Loan

Do you need a business loan to launch your business or grow? This workshop will discuss the steps in the loan application process and how best to prepare for a successful decision. There are many government sponsored programs available to businesses in the CSRA. Our experts will introduce you to many of them.

5 Tips for Getting an Unsecured Loan

An unsecured loan is a loan that is approved without any collateral attached. The lender takes on a lot more risk with this type of loan and because of that, there are certain terms you might have to agree too before the cash is paid out to you. One of the biggest pitfalls of unsecured … Continue reading "5 Tips for Getting an Unsecured Loan"

What Are Private Personal Loans?

Individuals who wish to consolidate credit card balances, need money for a large purchase or emergency, or are looking to take on a new project often use personal loans to meet their cash needs. Personal loans are usually not secured by collateral, and are typically issued by banks, credit unions and other financial institutions. Because they are based on your credit, they can be hard to get if you have negative marks on your credit report. Another option, especially if your credit is…

Some rabbis say it isn't kosher to borrow from Quicken Loans

NEW YORK (JTA) — If you’re an Orthodox Jew with a mortgage from Quicken Loans, you might be in trouble. Agudath Israel of America, a major haredi Orthodox organization, issued a Jewish legal ruling last month prohibiting Jews from taking out loans from the Detroit-based company because it is majority-owned by Jews. Quicken Loans, which claims...

How Do You Get A Personal Loan? Financial Experts Explain

Ten tips for pawn shop consumers

If you're considering a loan from a pawn shop, the Better Business Bureau has the following tips:Do your research. Do some online research to see what others have said about working with area pawn shops. Then, choose a reputable shop and broker you feel

Does student loan debt block credit access?

TransUnion research indicates the contrary There is a stereotype today about the recent college graduate, so mired in student loan debt that starting...