Uncategorized

How To Get Cash For Gold And Diamond Jewelry

How Do I Get Cash For Gold & Diamond Jewelry?

When you run a little short on cash, how can you get quick cash for some of the gold and diamond jewelry you may have? Empire Loan has 8 convenient locations that serves the greater Boston area, from the Merrimack Valley and North Shore to Metro West and Worcester, to the South Shore and South Coast, to Rhode Island with two stores in Providence, Empire Loan is here to help!

Empire Loan offers two options when it comes to getting rid of gold or diamond jewelry: Sell your old unwanted gold and diamond jewelry or get a loan based on the value of the items. Here’s how it works:

Selling Your Gold & Diamond Jewelry

  • Selling your gold and diamond jewelry: If you have gold and diamond jewelry you don’t want, sell it to Empire for instant cash. Broken, damaged or simply unwanted gold and diamond jewelry can get you the cash you need. Condition does not matter. The staff at any of Empire Loan’s 8 stores will take your items, test and weigh them and make you a cash offer on the spot. All offers are based on the scrap value of the metal and a small percentage of the wholesale value of any diamonds. Loose earrings, broken chains or bracelets, or items missing stones, will still get you cash.

Loaning Your Gold & Diamond Jewelry

  • Loans for gold and diamond jewelry: Suppose you need cash but don’t want to sell your jewelry? Empire Loan can help with that too. Empire Loan offers cash loans using your gold and diamond jewelry as collateral. Bring in ANY gold and diamond jewelry items and we will test and weigh them and offer you a cash loan based on the value of the item, but you still own your jewelry. We store it in our secure vaults until you repay the loan and take your items back. You have up to 4 months (3 months in Rhode Island) before you even have to make a payment. The best part? Over 90% of Empire Loan’s customers repay their loans and get their merchandise back. It’s that easy!

When It Comes To Cash, Condition Isn't Everything!

Again, the condition does not matter because all of our offers are based on the scrap value of the metal and a small percentage of the wholesale value of any diamonds. It is not based on the price you may have paid at retail or even what it appraises for. The current market price for gold is over $1,500.00 per ounce and platinum is over $1,000.00 per ounce. Silver, on the other hand, is trading for around $18.00 an ounce. Just keep that in mind when trying to determine how to get the money you need.

The only other requirement is that you have a valid government-issued ID. No credit checks, no forms to fill out, no bank accounts or credit cards needed. That’s it!

Get Cash Fast With Empire Loan

If you need cash, Empire Loan makes it easy! Find a convenient location near you, or contact us directly for assistance via our contact form, email, or directly by phone @ 1-800-375-PAWN

What Is A Pawn?

What Exactly Is A Pawn?

According to the dictionary it’s a verb that means “To deposit in pledge or as security especially in exchange for money.” Essentially, a pawn is a collateral based loan; you provide something of value such as gold & diamond jewelry, electronics, musical instruments, tools, designer handbags or anything with a secondhand value and a pawnbroker lends you money based on the value of the item.

Pawn Rules & Rates Vary From State To State

Rules can vary from state to state and even city to city since most pawn regulations are determined
locally. In Massachusetts the loans are for a 4 month period while in Rhode Island they are for 3 months.

This means you have that amount of time to return to the pawn shop, pay back the money that was borrowed, along with any interest or fees that have accrued, to take your items back. The Pawnbroker is required to hold the item for you during that period of time and cannot do anything with item since it still belongs to you.

How A Pawn Works

Here’s an example of how it works: Let’s say you bring in a gold ring that the pawn shop is going to lend you $100.00 on. The pawnbroker will hold onto your ring and give you a ticket. That ticket includes a description of the item, along with the terms of the loan and a schedule of the payment terms. In most of Empire Loan’s Massachusetts stores the interest rate is 3% per month with an appraisal fee in the first month. That means if you come back to redeem your ring anytime during the first 30 days, you would pay $111.00 to get it back. But you actually have 4 month’s before you have to do anything. If you wait the full 4 months you would end up paying $120.00 to get the ring back or you could just pay $20.00 to renew the loan for another 4 months.

Some of the advantages to a pawn include:

A) No monthly payments.

Simply pay back the loan plus interest and fees at the end of the loan period and take your item(s) back or pay what is due and renew the loan for another 4 month period.

B) No credit checks, no forms to fill out or waiting for the money.

Bring in your valuables and walk out with cash in minutes.

C) No Stings Attached:

With a pawn, if you can’t pay it back, no problem. The pawnbroker forecloses on the item(s) and you are free and clear. No bad credit reports or collection calls. As a matter of fact, you can come back and do another loan anytime as long as you have an item to provide as collateral to secure the loan.

It’s quick and easy to get the cash you need with a pawn.

For questions on items that we do or don’t accept please visit our “Accepted Items Page” for more information or contact us today via our convenient contact form or by calling in directly at 1-800-375-PAWN

Where Can I Sell My Tools?

Every now and then, it’s time to clean out that tool shed, but you might be curious about what to do with the tools that you no longer use. Either you got a new one, or you found the tool you have is too small (or big) for the jobs you do. There can be a variety of reason as to why you may want to sell your old tools. Maybe you no longer need the tool or rarely use it anymore and are looking to create some space around the house. Maybe you are moving and don’t have the space? Tired of doing everything yourself? Or maybe someone gave you a tool as a gift that you will never use but don’t want to hurt their feelings? Maybe you just have too many tools. Whatever the case may be, if you are looking to sell your tools in Massachusetts, here are three options to consider:

Sell Your Tools Privately:

If you have time and don’t mind the hassle, list your tools for sale on a website like eBay or Let It Go. This will take a bit of effort as you’ll need to take the pictures, write the description and possibly ship it, but this way you can get the maximum value. Find out what others are selling similar tools for and name your price based on the competition. The positive here is that you can hopefully get more money.. The problem is you may have to deal with shipping or worse yet, returns from unhappy customers. You also need to be careful of unscrupulous characters. In this case: Seller beware!

Donate Your Tools:

Trade schools and community organizations will sometimes take your old tools. They can use them for training programs and possibly even sell them to raise money for their cause. Believe it or not, it can be a challenge to find an organization willing to take your unwanted tools however it’s still a chance to do something good!

Bring Your Tools To A Pawn Shop Like Empire Loan:

Pawn shops like Empire Loan will examine and test your tools before they make you an offer. As long as they appear to be in good working order with no serious problems, Empire Loan will look it up online with websites like eBay to see what they are selling for used, and then offer you a percentage for a buy or loan. Generally this can be anywhere from 20% to 40% depending on what you have and what you want to do with it. While it’s true this is less than you would get selling it privately, at least you get the cash on the spot and walk out free and clear.  That’s it. Quick, simple and safe! Empire Loan has been buying tools for cash since 1985 and features 8 locations in Massachusetts and Rhode Island to make it convenient for you.

As Empire Loan says, It’s That Easy! 

For questions on items that we do or don’t accept please visit our “Accepted Items Page” for more information or contact us today via our convenient contact form or by calling in directly at 1-800-375-PAWN

Where Can I Sell My Handbags?

Styles change. Needs change, but unfortunately the space in your closet hasn’t! You might be wondering, what to do with the closet full of used & like new designer handbags that you have collected over the years! Lucky for you we have an answer, turn them into cash! There are a variety of options to consider such as: sending them out to companies that will sell them for you (for a fee of course), post them on websites like Let It Go and Facebook Marketplace to sell them yourself, or bring them to a pawn shop like Empire Loan for Instant Cash. To make the decision process easier we have compiled a detailed overview for each potential route you might take:

Consignment sales:

There are online platforms & brick and mortar consignment sales channels that will do the heavy lifting for you. Certain online sites will buy your handbag outright or sell it on consignment for you. You send your unwanted handbags to them to be priced, posted and sold but then you’re done. The good news is they take care of everything. You do pay a fee (upwards of 50% or more on certain sites) but they take care of the details for you. The issue is you don’t know how much they may offer you before you send them your bag or how long it will take for them to sell it or even when they will “Show you money”.

Post Your Handbags For Private Sale:

This is where you may be able to maximize your return. If you research the price your bag is selling for on the secondhand market, you can post it for sale on websites like eBay, Let It Go or Facebook Marketplace yourself. Aside from fees you may need to pay a site like eBay, you get to keep the all the money yourself. The downside is you don’t know how long it will take to sell it, you will need to prove authenticity and you need to deal with strangers. This is another example of “Seller Beware”.

Bring Your Handbags To A Pawn Shop like Empire Loan:

Empire Loan is in the business of buying and lending on the value of your designer handbag & purses. The staff in any of Empire Loan’s 8 stores will be able to appraise and authenticate your designer Louis Vuitton, Gucci, Chanel and other designer handbags and pay you cash on the spot. They will determine what the bag sells for on the secondhand market and make you a cash offer in minutes. It may be less than what you may be able to sell it for privately, but there is no waiting, no dealing with strangers, no waiting for your money and no worrying about disgruntled customers. You agree on a price, they pay you cash and you are done. Quick and Simple.

As Empire Loan says, It’s That Easy! 

For questions on items that we do or don’t accept please visit our “Accepted Items Page” for more information or contact us today via our convenient contact form or by calling in directly at 1-800-375-PAWN

How To Avoid Overdraft Fees

Avoiding Overdraft Fees

It happens, sometimes when we least expect it. You write a check to pay a bill; the rent, a car repair, even money you borrowed from a friend. Without realizing it, a deposit you were expecting doesn’t clear the bank in time and poof, you’re hit with an overdraft fee from your bank. That’s how it may start. 

How Overdrafting Quickly Adds Up

The bank charges you $35 but the property manager you pay your rent to can charge you a returned check fee. Wham! Add another $30 to the bill. That’s $65 extra, plus the headaches and damage it may do to your credit rating. Depending on the amount of the bad check, it could become a criminal matter.

Imagine you’re going to pay your cell phone bill for $200.00 and because of a delay in your direct deposit, your account is $100 short to cover the check you just wrote. Between the $35.00 overdraft fee from your bank, the $30.00 charge from the cell phone company for the returned check and possibly a reactivation charge to turn the phone back on, it could cost more than the original bill. this is not an ideal situation to find yourself in.

Quick & Easy Overdraft Solutions

One solution could be a fast and simple pawn loan from Empire Loan. Simply bring something of value; gold and diamond jewelry, electronics, musical instruments, tools or other items with a secondhand value and you could have walked out with the cash to cover the shortage. A typical pawn loan for $100.00 from Empire Loan would cost you about $11.00. That’s it. No long forms to fill out. No waiting for approvals. Just bring in your merchandise and walk out with the cash you need to avoid this disaster.

Your One Stop Money Shop

Empire Loan has been serving Massachusetts and Rhode Island since 1985, getting our customers the cash they need, when they need it. Contact us via a convenient form, call them today or find a location near you to see what they can do to help.

HowPawnLoanWorks

How A Pawn Loan Works

A pawn loan uses something you own as collateral instead of your credit. What you can borrow is based on the value of the item you bring in, which can be jewelry, electronics, musical instruments and tools. Based on its value we lend you cash on the spot with no credit check, paperwork or spiraling debt.

 

You pay back the loan with interest in a few months and get the collateral back without compounding interest or lingering debt.

 

And over 90% of our customers do get their merchandise back.

Unwanted Gift Cards? Empire Loan Will Give You Cash!

The holidays are done and the presents and decorations are packed away. Now what do you do with the gift cards you’ll never use? Bring them to Empire Loan and turn them into cash!

Empire Loan buys gift cards from over 700 merchants and pays cash on the spot. No machines to fuss with, no sharing credit card or bank account information, just bring in your gift cards along with your ID and you walk out with cash in your pocket.

All those gift cards to the clothing store you would never be caught dead in, can be turned into cash that you can use wherever you want. If you’ve ever received a gift certificate to a high end department store where the $50 card might get you a pair of socks, you would probably prefer the cash. One customer even came in with a gift card for a restaurant chain that doesn’t even have locations in New England. In all these cases, Empire Loan will pay cash for those unwanted gift cards.

Everybody thought gift cards would be a popular holiday gift for family, friends and service providers when you couldn’t figure out what to give them as a gift. Gift cards would let them shop for themselves and get the right size or color item. Unfortunately, you can’t please everybody. Instead of letting it sit in your wallet or purse taking up space, bring your unwanted gift cards into any of Empire Loan’s 8 locations in Boston, Providence, New Bedford, Worcester, Stoughton, Lowell or Lynn along with your ID and you could be walking out with cash.

Some retailers are offering to buy your gift cards from their competitors in exchange for gift cards to their stores. Others are offering store credits to their stores for gift cards to their competitors. If you didn’t want a gift card for their store, why would you necessarily want one from a store that basically sells the same things?

The advantage to getting cash for your gift cards is that you get CASH that you can spend anywhere you want to get just what you want. Once again, Empire Loan makes it easy!

Fast Cash for Your Valuables

Empire Loan Will Sell, Loan and Buy Tools!

Sell ToolsAs New England’s leading pawn shop, Empire Loan can show you how to get cash and great deals on top of the line tools! If you have new tools and want to turn your veteran tools into cash, Empire Loan will buy tools for cash. If you just want to get a loan on your tools to help you get to your next payday, Empire can give you a cash loan for them. Last but not least, if you’re looking to get a good deal on tools, any of Empire Loan’s 8 stores is where you should start your search.

Empire Loan offers buys and loans on gently used hand and power tools and offers great deals when we get to offer them up for sale.

Power Tools: Drills, nail guns, circular saws, compressors and more, are all tools that Empire Loan pays cash for. If you just got a new power drill as a gift, this may be the time to convert your old drill into the cash you want. If you just need to borrow a little cash against the value of your tools but want to keep them for future use, Empire Loan could be the place for you. Tools from manufacturers like Bosch, DeWalt, Makita, Milwaukee, Porter Cable and others are all top quality and respected companies that make tools that could put cash in your pocket.

Hand Tools: Ask any handyman what they value and you’ll hear about a particular set of wrenches or ratchets that they can’t live without. But when it comes to different specialties, different tool manufacturers come to the top. Automotive tool manufacturers like Snap-On and Matco are at the top of the auto mechanics wish list while electrical brands like Klein and Greenlee or plumbing brands like Channellock and Proto are at the top of their fields. The important thing is that when they are kept in good working, order they may be able to get you the cash that you need.

Sell tools in BostonBuy: If you’re looking to buy tools to get the job done, Empire Loan is the first place to check for great deals on the best in the world.

Sell: If you’re looking to sell your tools for fast cash, Empire Loan will pay you on the spot so you don’t have to worry about trying to sell them online or to a friend or associate.

Loan: When you don’t want to sell your tools but need some cash to help make ends meet, Empire Loan will lend you cash and hold your tools until you get caught up.

Empire Loan can help you with your tool needs!

Empire Loan: Premier Pawn Shop in Worcester for 15 Years.

Empire Loan is the Premier Pawn Shop in Worcester

Pawn Shop In Worcester | Empire Loan

In 1985, Empire Loan opened their first pawn shop in Boston’s South End. Through 30 years of growth, Empire Loan in Worcester has been one of the true shining stars among pawn shops in Worcester celebrating their own 15 years anniversary this year.

Having moved a few years back to their new 700 Southbridge St. location in College Square Plaza just down the street from Holy Cross College, diagonally across from Rotmans Furniture  and right next door Wendy’s, Empire chose this location to be in the heart of Worcester among these other legendary institutions.

In the 15 years that Empire Loan has been open in Worcester they have grown to become a market leader among pawn shops in Worcester, having done loans on items ranging from horse saddles to a set of 24” truck tires, a Stanley Cup ring and even remote control boats and cars. “Gold and diamond jewelry is still the number one item customers sell or get loans on, but all of these other items are fun for us too” said Brian Johnstone, longtime manager of Empire Loan’s Worcester pawn shop. “We’ve done loans on the original Atari and Nintendo game systems as well as brand new iRobot vacuums and floor cleaners. You never know what’s going to walk in the door”.

What makes Empire Loan in Worcester stand out among pawn shops in the Worcester area is the customer service and professionalism of the staff. Brian has been with Empire since 1995 and Assistant Manager Julio Fundora is a 3rd generation pawn broker having grown up in the family business in Florida. They along with the rest of the staff take pride in helping customers get the cash they need and will always take the time to explain the whole process from beginning to end. One look at what customers have to say about the store and it’s clear that Empire Loan in Worcester is a shining star among pawn shops in the Worcester area.

 

Save Time and Shop at Providence Pawn Shops

Shop Providence Pawn Shops and Save!Get Your Holiday Gifts at Empire Loan

Wait! Before you brave the massive crowds and over hyped sales at the mall, take a trip to Empire Loan!

National jewelry store chains in big malls ramp up their advertising (and prices) on gold and diamond jewelry to lure you in for the holiday season. They promote how the items they have are unique and express your love and devotion. When you’re all done you just dropped a small fortune on a small, overpriced piece of jewelry that a thousand other people bought for their loved ones too.

Take the Providence Place mall in downtown Providence  for example where there are 9 different stores that sell jewelry. How unique can the jewelry be if nine national chains have locations in just that one mall.  A pawn shop like Empire Loan has thousands of gold, platinum silver and diamond pieces to choose from and no two are alike. Chains, bracelets, pendants, earrings and rings in every design you can imagine, is on display. One truly unique store without the headache from a pushy sales person trying to up sell you on their warranty. Empire Loan has two Providence pawn shop locations with plenty of free parking, and they both offer prices that are just a fraction of what those mall stores offer.

Don’t drive around in circles looking for a parking spot just to shop for overpriced merchandise that everybody else has. Try the new experience of getting great deals on beautiful top quality gold and diamond jewelry at Empire Loan.