Diamond Ring Loan

By far one of the most valuable items we ever purchase in our lives is going to be a diamond ring.  Whether it’s for a proposal, or an importantly family piece of jewelry, the value is immense and comparable only to cars and houses throughout our lives.  When financial hardship hits, it can be easy to look back on that diamond ring and wish you had maybe spent a little less, or could have the entirety of the money back instantly.  West Valley Pawn and Gold is here to tell you that’s not necessary – in Phoenix, Goodyear, and Avondale you can get your cash back out of that diamond ring with a diamond ring loan.  We’ll help you avoid having to sell such a precious item, and still put cash in your pocket when the time calls for it.  Let’s take a look at what separates our Avondale pawn shop from the others making diamond loans, and just how we can help in times of need.

The Importance of a Proper Valuation

When it comes to getting collateral loans such as this, the most important piece of the puzzle is the value that the pawnbroker is able to assign to your ring.  With these types of loans, we don’t use traditional items like credit or income to determine your ability to repay the loan, we solely base it on what the perceived value of the ring is.  This means that many pawn shops simply err on the side of caution assigning incredibly low values to what is clearly an expensive diamond ring to protect themselves.

At West Valley Pawn and Gold, you don’t have to worry about any silliness like this.  All of our employees go through a rigorous diamond training course that teaches them to properly value the diamond on the four C’s (cut, color, clarity, and carat).  On top of this, they’re all professionally trained to also assess the value of whatever precious metal (gold, silver, or platinum) that the diamond is set in making the value even higher.

The only experts worth visiting if you need a cash diamond ring loan is our Avondale pawn shop.  You can always trust that your cash loan will be the highest in town, and will be the fairest.

Repayment is Simple

We understand that financial difficulties are not always short term affairs and can sometimes take longer than us or our families would like.  Each of our diamond ring loans are written for a period of ninety days providing customers a good deal of time in which to come up with the cash to repay the entire loan.  On top of this, we are also more than happy to extend this date when the end of the term comes.  For all of our diamond ring loan customers, with payment of the interest on the last day of the term, we can happily extend it for another ninety days no questions asked!  At West Valley Pawn and Gold, we’re not in the business of repossessing items – we’re here to help our customers as much as humanly possible.