Not only since the economic crisis, a pawn shop helps many people in a cash crisis. The auto pawn (pawn shop): A safe way for a short loan an auto pawn shop is, as the name implies, a pawnshop that specializes in cars. A such auto pawn loan is a quick and easy alternative to the micro-credit or the instant credit. Who leaves his car the auto pawn shop as collateral receives a cash advance without further waiting period immediately. It is estimated the car, what takes only a few minutes, signed a credit agreement, which stipulates also the run-time and already you can hand over the money.
The usual waiting period for loans fall away here. Because more credit checks are not required, the customer needs to prove only. In an auto pawn shop all varieties of cars are accepted, whether car, sports car, classic car, luxury sedans, business car, van or even trucks. Author – pawn shops but also take Motorcycles, RVs, trailers and boats. Of course, only the respective owner can encumber the car, corresponding authorisations and documentation are needed for company cars.
The pawn shops offer for these large pawns then appropriate halls so that the vehicles are covered and closed safely stored until the customer to redeem it again. The vehicles are reputable vendors during the retention period insured in the Hall. The vehicles can be recalled at any time before the deadline. Often, even extensions can be requested but over the usual three-month term of the credit. In General, the cost of keep in the context, because the credit is only a short credit. Also incur no further charges or value added tax, the agreed sum is paid at 100%. And who can redeem his vehicle in advance again and wants to, can also, without paying additional penalty interest. The car pawnshops have one like all mortgage companies Government approval and also regularly inspected by the authorities. The data of the borrower not be distributed also, so that the whole matter can be very discreet. Andreas Mettler