Stigma with Pawn – no it does not need to be there
When it comes to using pawnshops as a way of getting a quick, low interest loan that will help to take you a long way, it seems like an excellent option.
However, pawnshops constantly face the stigma of being a poor loan choice. Why? Well, it is an industry and if someone does not manage to payback their loan within the negotiated time, including the small amount of interest, they forfeit their personal possessions.
The stigma that exists tries to emphasise that pawnshops want their customers to be able to fail to payback their loan so that they can profit from selling on their valuable personal possessions.
But that stigma doesn’t need to exist and it’s not worth listening to. Here’s why…
For the most part, the loans are easy to pay back and the low interest makes sure that no one finds themselves spiralling out of financial control, like a lot of bank loans cause.
If you do find that you need more time to pay back the loan, you simply go back to the pawnshop and pay the interest you owe to extend your time. The negotiating atmosphere means that there are no strict rules to stick to. Therefore, it’s simple to get your personal possessions back and people using pawnshops should not worry or stress over this.
Using a pawnshop is a less stressful option than being bound to a strict bank loan.
If you need a small amount of cash and you need it fast, a pawn shop is a far better option that attempting and failing to get a bank loan. Likewise, if you are between jobs and currently unemployed, a loan would not be suitable for you. So many people use pawnshops without any problems every day and the stigma tends to emerge from those who have never used them before.
Another part of the stigma is that many people believe pawnshops are largely used by criminals offloading stolen property in exchange for money. However, the industry is heavily regulated and dependent on local jurisdiction so that criminals are caught out by using pawn shops.
Layaway now for Xmas with easy payment plans
If Christmas is always a struggle in your household, or you want to get something extra special for your loved one this year, the best thing you can do is to start planning well in advance. That means now.
It might seem a bit early to be thinking about trees, crackers and snow but before you know it Christmas will be a few short months away and you’ll be wondering how your finances are going to stretch to cover it. Well, not this year.
If you already know what you want to buy for your friends and family, but don’t have the cash yet, you don’t need to worry. With easy payment plans, you can purchase whatever gift you have in mind and pay a little bit every month until Christmas is upon you and your shopping is already done.
Forget the mad rush in December or the horrible feeling you get when you realise that you can’t afford the perfect gift for everyone. While the shops are packed, you will already have your presents wrapped and ready.
Our budget plans mean that no matter what your financial situation is, you can break down your payments into affordable instalments to suit yourself. You can afford the presents you never thought you would be able to without putting a strain on your bank account.
Relax in the knowledge that Christmas is sorted and this year will be the best one yet. Instead of building up feelings of worry and stress in the autumn, you will be comforted to know that your gifts are already well on the way to being paid off.
The payments are broken into smaller chunks so that they will have less of an impact on your everyday life and yet you’ll still receive the same product at the end of it. Whether you’re after an Xbox, TV or piece of jewellery, you can spend more time choosing the perfect gift than worrying about paying for it. After all, isn’t that what Christmas is all about? Putting in the time to think about everyone you care about and enjoying spending time with those who mean the most to you.
Easy payment plans without credit checks have become so popular, even Wedding companies like Shine Pics offer them as a way to help brides budget for their wedding days.