Did you take out a quick cash loan from a pawn shop recently? If so, you might have done so because of the incredibly easy lending decision process on these loans. After all, pawn loans have very few eligibility requirements...you just have to be at least 18, with an ID so we can take down your personal information (such as your name and date of birth) and perform an identity verification, and you have to have items of value to use as collateral. FICO score and credit history never matter.
Although your loan might have really suited your financial needs, now, you could be a bit worried about repayment. We get it...no matter your credit score or situation, sometimes, covering all of your bills can be a challenge. This is especially true if you've had to miss work because of an illness or injury, if you've ended up with unexpected overdraft fees or medical bills, or if you're dealing with some other problem.
If you're going to be late repaying your cash loan from a pawn shop, don't panic just yet. With Hilltop Pawn Shop & Jewelry and other Virginia Beach pawn shops, we're required to offer you an extension based on state regulations. Plus, of course, we want to! Just let one of our customer service professionals know that you need a little more time, and we'll help you out!
A Pawn Shop Cash Loan is an Easy, Flexible Option
There are so many things to love about taking out a cash loan from a pawn shop. You never have to worry about a credit check...your credit difficulties never matter at a pawn shop like Hilltop Pawn & Jewelry. You don't have to wait until the next business day or multiple business days to get your money, which is an issue with many online loans and other financial products that involve direct deposits into your checking account. Plus, you get to choose how much you borrow, since you're the one who chooses the collateral you bring in...your income and credit report don't matter. You don't even have to fill out loan application information about your financial situation, job, or so on with these loan products. Plus, as long as you pay your loan back by your repayment date or get an extension, you don't have to worry about keeping up with payments or anything else. For someone with a poor credit rating or who is just looking for the most flexible loan option (whether for small-dollar loans or much bigger loans!), a pawn shop loan offers the best repayment terms, and everything is very easy to understand. Everything is flexible and transparent, all without a lengthy application process or other similar issues.
Need More Time? Let Us Know & Get an Extension
The actual loan terms for your pawn loan should be provided at the time of your loan approval...at least, this is the case when you deal with a fully transparent and reputable pawn store like Hilltop Pawn. However, we understand that sometimes things happen. It can be difficult to repay your loan on time, especially if you have borrowed higher loan amounts or have ran into unexpected financial issues. We get it!
All you have to do is visit us before your short-term loan is actually due, and let us know you need an extension. Then, just pay the outstanding interest and fees, and you'll be given a 30-day extension on your pawn loan! We offer a truly convenient way to extend your loan, whether you took out a small loan or the maximum loan amount possible.
Your Credit is Never Affected By Your Pawn Shop Cash Loan
Worried that your credit will be negatively impacted due to an unpaid pawn shop cash loan? You never have to worry about this when you work with us at Hilltop Pawn. We never report to the credit bureaus, even if you have an unpaid loan with us. In fact, your unpaid loan won't prevent you from taking out another loan from us in the future, either.
With the average payday loan option, installment loans, and assorted personal loans from financial institutions, getting an extension can be a big hassle. Luckily, that is not the case with a pawn shop loan. If you have an outstanding loan with us and need a little more time to get it paid, just stop by before your due date, and we'll help you sort everything out! Questions? Call us at 757-769-7254!