Gold 'n Stones
Cash Loans, Pawn, Instant Loans
Collateral finance is a convenient means of securing an immediate loan or bridging finance using your gold or diamond jewellery as collateral. It is just like going to the bank for a loan, but is quicker, simpler and even more discreet.
How does collateral financing work?
You bring your gold or diamonds to our secure business premises, where it will be valued in front of you by one of expert appraisers. No appointment is needed. The value is established by the worth of the primary materials at current gold and diamond prices.
A contract detailing service fees and interest is drawn up and a detailed receipt made out.
The items are placed in a secure envelope, sealed and safely stored within a modern safe in our secure strong room . For the duration of the loan the envelope remains sealed and nobody can view or tamper with your valuables.
You receive the receipt and immediate cash payment of the loan amount.
At the end of 30 days you can choose one of two options:
Collect your items by paying back the loan plus agreed finance fees.
Extend the duration of the loan for another 30 days by paying only the finance fees for that month. As long as the finance fees are paid every month the loan can be extended as long as you want and the jewellery still belongs to you.
Our interest and charges are calculated according to the guidelines of the NCR (National Credit Regulators).
Contact us for more information on our collateral finance services.
, collateral finance
, Instant Loans
, Secured Loans