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SELLING VS. PAWNING: WHAT’S THE DIFFERENCE?



When you’re strapped for cash, there are many options to consider. You could apply for a traditional bank loan, but the process often takes weeks. If you’re looking for fast cash, your two best options are selling and/or pawning.


Selling Items at a Pawn Shop

Chances are you have several items that you could sell at a pawn shop. Most pawn shops accept:

  • ElectronicsGold and silver

  • Fine jewelry and watches

  • Luxury handbags

  • Name-brand clothes and shoes

  • Electronics

If you have any of these items that you want to get rid of, you can sell them to a pawn shop for cold hard cash. Simply bring your items to a pawn shop, and you will be given a cash value. Upon accepting the cash value of your items, you’ll be given money, and then the transaction is complete!


When selling items at a pawn shop, the pawnbroker has more control during the transaction. Remember, the pawnbroker will give you a cash value that allows them to resell the item so that they can make a profit. Don’t go into a pawn shop hoping to sell your items for their total value. Have a reasonable cash value in mind so that you can get the money you need.


Pawning Items

Another option for same-day cash at a pawn shop is to pawn items. Unlike selling, pawning is more similar to taking out a loan with the pawn shop. With this loan, your items serve as collateral. Also, unlike selling, you don’t sign away your items, as they will be given back to you once the pawn loan is paid off.


To pawn items, simply bring your items to a pawn shop. The pawnbroker will provide cash value of your items, and then give you money. Your items will then be kept in storage for a set time period. With a higher loan amount, you’re likely to be given months to pay back what you owe.


With a cash pawn loan, you’ll have to pay the total loan back plus interest before you get your items back. If you don’t pay the loan in total before the loan term is over, the pawn shop can sell your items.


Need Cash? Choose GEM Pawnbrokers

There are a few pawn shops in Curacao to choose from, but, if you’re looking for an easy transaction and same-day cash, look no further than Gold Market Financing. We offer instant cash payday loans with no credit check needed.


If you’re looking for fast cash pawn, we’re the pawn shop for you. We offer the best pawn shop prices in Curacao. Gold Market Financing has built up an excellent reputation by offering a high level of service. Our friendly expert staff is here to help you get the money you need.


For more information contact us today:


We are open Monday - Friday, 9 AM - 4 PM​

+5999 465 2477 / +5999 465 2478

info@goldmarketfinancing.com

Pietermaai # 29B

Willemstad, Curaçao