Why a Gold Loan is a Better Option to Get Extra Cash?

A gold jewellery piece can represent strong emotional ties, but it is also a significant investment. Whether it is broken, tangled or in any worst condition, gold is gold. It is worth money.

However, today it’s worth more money than it ever has been. Thus, pawning your gold and getting a loan against it is an excellent way to raise some extra cash instantly.

Although getting the best possible deal is not always easy, many trusted pawnbrokers in London like at The Luxury Hut ensure to offer a fair quote and eventually, the best possible amount of cash loan against gold.

Thus, you can choose to pawn gold with full confidence and secure maximum cash for gold justify away without any hassle.

Here are four reasons why the gold loan is a better option to raise extra cash. Have a look!

Quick and Easy process

You can pawn your gold jewellery with any reliable pawnbrokers in London or any other big cities and get instant cash for gold quickly. Your pawnbroker will evaluate your precious asset precisely, considering all relevant aspects and current market price.

He/she will make you a cash loan offer. Accept it and get paid immediately. However, The Luxury Hut pawnbrokers gold provide a simple, quick and secure way to get a free instant quote.


No credit checks

Unlike a bank loan or any other traditional lending institutions, pawnbrokers do not carry out any credit checks before approving you a loan. The pawnbroker will lend you money based on the value of the gold jewellery item you leave as collateral.

If you are satisfied with the amount of cash loan for gold offered to you, your pawnbroker will only ask to provide proof of ID and sign a pledge receipt to enter the agreement.

Flexible repayments

Customers can pay their gold loan any time within or after the contract expires, by paying off the original loan amount and its interest due. However, you will not have to pay any early redemption charges if you retrieve your loan before your loan term ends.

Default on your loan will not affect your credit score

The Luxury Hut London pawnbrokers offer 14days cooling off time after a contract expires. You have to draw out the agreement within this time and pay the interest for the loan term.

However, the best part is that the pawnbroker may help you to renew your loan if you fail to retrieve your asset within the time mentioned above. You will get a new contract, and an added seven months to pay back the loan against gold.

Are you ready to pawn your gold? It is fast and straightforward.

If you are looking to get an instant gold loan, begin the process by –

Filling up our online form and get an initial price quote.

If you are satisfied with it, send your gold jewellery to us. Or, call us on 0207 242 5411 to book an appointment and visit our office in Hatton Garden, London with your asset.

Expert evaluators at The Luxury Hut are always on hand to offer seamless service to customers who are looking to get a loan against gold. We will make you a final cash loan offer. Accept it and get paid immediately in cash or via your preferred method of payment.

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Address

  • Suite 45, 88-90 Hatton Garden, London, EC1N 8PN
  • 0207 242 5411
  • info@theluxuryhut.com
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