Turn Your Vehicle into Instant Cash with a Vehicle Loan

The bank has been on your back for a month, you desperately need a root canal, Christmas is just around the corner, and all you can think about is sitting in the Caribbean somewhere and sipping on something strong and fruity—but that meaty paycheck is still weeks away. Sound familiar? Of course it does. We’ve all been there!

Just because you’re in a pickle right now, it doesn’t mean you will be forever. Relax. Don’t sell the kids off just yet. You can have your financial freedom and still do everything you want to do. If a quick cash advance is all you need, you may not have considered one incredibly easy option: a vehicle collateral loan.

The Hidden Value of Stuff

Look around you. How much stuff do you see? Most of us live a lifetime collecting things but don’t often think of their value beyond the sentimental or the functional. Yet almost everything you buy still holds value and can be a simple, no-fuss way to drum up a quick loan.

Cars are a great example: once you’ve bought one, you can’t imagine life without it. You could sell it off, but then all you’ll have to do is buy another one, and probably for more money. As it turns out, though, there is a way to have your cake and eat it too. By pawning your car, you’ll get that cash fix that you need—and you can still keep your car at the end of it.

What Do I Have to Do?

The idea behind a vehicle loan is like any other collateral loan. You put up a valuable item (in this case, your wheels), and GEM Pawnbrokers gives you money. The car (or motorbike, or truck) acts as a guarantee that you will pay back the loan. In the extreme case that you can’t pay your loan back, we might choose to keep the car and consider the matter settled.

All that you need to do, then, is dig out the title papers of the vehicle (in the den, third drawer down on the right—you’re welcome) and show us what your vehicle looks like so we can make an accurate assessment and give you an amount that’s fair to both of us. We settle the terms with you, you hand over the keys and the title, and you walk away free to pay off those niggling debts, or buy a new car, or just plain treat yourself.

vintage green car on road

Who Is Eligible?

At GEM Pawnbrokers, we’re big believers in equal opportunity. In 70 years of business, we’ve seen all kinds of people walk through our doors, and we’ve tried to help all of them take back control of their finances.

If you’ve got a vehicle and you’re of legal age, you’re eligible to get a fast personal loan with us. The only thing we do require is that the title of the vehicle is solely in your name and that it’s lien-free: That is, that it’s not still being paid off or being used as collateral in another transaction.

Bad Credit? Good News!

Many people think that once they’ve got a bad credit history, they’re going to be trapped in it forever. After all, if the regular financial institutions won’t lend you money to cover old debts, how will you ever get your life back on track?

With a vehicle loan, though, we’re not asking for your credit history. We’re sorry, but we just don’t care about how bad it is! We call them instant cash loans for a reason: You’re not going to walk away empty-handed, waiting for approval.

The reason we can do this is simple. For a normal loan, mortgage, or contract, the lender needs your credit history as a guarantee that you’ll eventually pay the balance. For an auto pawn, your vehicle is your guarantee! If you don’t want to come back for your sexy, matte black 1980 Pontiac Trans Am, we’re sure we can find something to do with it.

What Happens to My Vehicle?

Speaking of your pride and joy, you’re no doubt wondering what’s going to happen to it after we give you your fast cash loan. Luckily, we’re just as big car lovers as you are, and there’s no way we’re going to let anything happen to your baby.

All vehicles are secured in an off-site, climate-controlled, highly secure warehouse so that nothing can go wrong. We’ll drive it away and lock it up immediately so you don’t have to worry. When you’ve paid back the loan, you’ll be able to drive it home in the exact same condition you left it.

woman counts the money

Making Payments

We know that life can throw us a few curveballs, so we try to make loan repayments as flexible as possible. When you approach one of our friendly and professional staff members about a loan, we’ll work with you to figure out a payment plan that you can stick to. It may be a one-time lump sum a month down the road, or it may be several small repayments over a longer term.

Either way, repaying the loan couldn’t be simpler. All you have to do is head in to one of our 24 branches in NYC to make a payment or call us at (718) 596-5626 to ask about alternative arrangements like a bank transfer.

Where Do I Sign Up?

By now you’ve probably got your shoes on and a hand on the door, ready to run down to your nearest GEM Pawnbroker shop. But, wait! You didn’t think we’d make it that difficult for you, did you?

While most pawn shop cash loans will need you to come in with the goods and the title in hand, we’re in the business of making your life as easy as possible. With a few snapshots of your car and your details, you can now apply for vehicle collateral loans online—and it only takes you a few seconds. Even better, a member of our expert staff will call you, so you can just sit back and dream of payday.

For the Best Value Loans, Don’t Go Anywhere Else

If times are tight, you need to turn to the experts. With 70 years of professional understanding and expertise, we can guide you through the process of using a vehicle as collateral for a personal loan and get you the best possible loan for your needs.

GEM Pawnbrokers doesn’t just stop at auto loans, either. We’re a fully accredited, fully fledged pawn broking powerhouse that offers instant cash advances, valuations, and payouts on a huge range of jewelry, luxury items, memorabilia, electronics, and so much more.

Our lovely GIA (Gemological Institute of America) and JA (Jewelers of America) certified staff makes sure that we pay the highest prices for your goods, every time. So, what are you waiting for? Call us at (718) 596-5626, drop in to one of our 24 locations in New York City, or contact us through our website today!

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