When you’re in a financial bind, you might be looking for a loan in a number of places so that you can get back on your feet. You might have heard that you could get a jewelry loan based on the value of different pieces you own. Before cleaning out your jewelry collection and giving it to the first dealer you come across, take a deep breath. Use the pointers that follow to proceed in a way that is fair to you without presenting the possibility of trouble in the future.
Know the Value of Your Pieces
The first step in securing a jewelry loan is to know what you’re working with in terms of value. That way, you can select the most valuable pieces and avoid bringing in your entire jewelry collection and hoping that the dealer finds something they like.
How can you get an idea of what your pieces are worth? If you have silver and gold jewelry, you can start on the Internet. There are many websites for the commodities markets that offer the current selling price of an ounce of whatever precious metal is in the jewelry you want to use for your loan. Once you know how much an ounce is worth, you can weigh the pieces in question. That should give you some idea of what you can expect in loan amounts when you take it to a dealer.
Have Pieces Appraised
Having a personal knowledge of how much your jewelry is worth is smart, but it is even better to have a professional assess their market value. An appraiser can give a professional opinion of what the value of your jewelry pieces are if they were to be bought and sold in the open market. You can bring appraisal certificates to any dealer you’d like a jewelry loan from; you could be eligible for a higher amount of money because you can prove that your jewelry is worth as much as you say it is.
See More Than One Dealer
In your haste to secure a loan for yourself, you may feel the urge to take a loan from the first dealer you meet with. However, that can be a costly mistake. Different dealers have their own rules about jewelry loans, which can impact whether or not you will be charged additional fees or interest costs. Take the time to meet with several dealers in your area so that you can find a solid deal with the lowest personal costs.
When you’re able to do the things discussed above, you can feel better about the jewelry loan you secure. Just be sure that you talk with local dealers to ensure the process works well for you over the long run.Read More
If you are going to be selling your home, the first step is to actually list it for sale. When you do this, you need a strong online presence that will grab the attention of many potential home buyers looking to buy in the area. The more eyes you get on your home, the faster your home is going to sell. Here are three tips to help list your home for sale successfully:
Create a Custom Website:
Instead of only listing your home for sale on dedicated for sale sites, you should also consider making your own personalized site for your home. This allows you more room to list details about the home and show as many pictures as you want to. Also, if your home has a dedicated site, it can make the home seem exclusive and set apart from other homes for sale in the area. All you have to do is pay to host the site for as long as the home is up for sale, which can be done pretty cheaply. Then, when potential buyers search the home, the website will be the top site that pops up.
Use Social Media:
Social media is widely used and advertising your home on social media sites is a great way to get your home seen. The best thing about social media is that you can enter keywords, such as “home for sale” and “real estate” by using hashtags. This way, when people search these hashtags, your home will show up. Post photos of your home for sale and encourage friends and family to share the post. You can even pay to have your home advertised on social media sites. People who live in the area will see these advertisements pop up when using their social media accounts.
In order to have a strong online presence, you need to have quality photos of your home for sale. However, a big part of having decent photos of your home doesn’t just include good lighting, but also good staging. If your home is cluttered, it is going to show in the photos even if you hire one of the best photographers in your area. Be sure to declutter your home by getting rid of family photos on the walls, packing up knick-knacks, and even packing up some furniture that doesn’t help stage the flow and function of a room.
When you consider these three tips for listing your home for sale, you can be sure that you are more successful in getting your home seen by tons of potential buyers. Be sure to work with a real estate agent who also knows how to use online advertising effectively. For more information, contact a company like USA Data Mortgage Services.Read More
When a family member passes away, you might find yourself inheriting a significant amount of gold jewelry, among other items. While it’s enjoyable to go through the selection and set aside the pieces that you’ll enjoy wearing, the reality is that not all of the pieces will suit your sense of style. It might be nice to consider giving these pieces to family or friends, but you could also end up with some items that you’ll plan to sell. Here are some strategies that you can consider when you’re ready to sell.
Seek Out Some Jewelry Stores
A viable option for selling your gold jewelry is to see if there’s any interest in your items from your local jewelry stores. Focus specifically on custom jewelers who make jewelry on site, rather than chain stores that are simply retailers. Custom jewelry makers won’t necessarily buy and resell your items, but may be interested in buying them to melt down the gold to use in future projects. This approach can be favorable if you don’t want to go through a negotiation about the sale price; the jeweler will show you the current value of gold, by weight, weigh your items and then offer you the according amount.
Have A Jeweler Appraise The Items
If you plan to sell your gold jewelry with the help of an online classified site, you can improve the likelihood of making a sale by having a jeweler give each item an official appraisal. There are plenty of unscrupulous sellers and counterfeit items on such websites, so having an official certificate from a reputable expert in the industry can add a significant amount of credibility to your listing. Many jewelers charge a small fee for this service, but if you’ve been a good customer of a local shop in the past, it’s possible that the jeweler might appraise your items for free.
Meet The Buyer At A Jewelry Shop
If you’ve had your gold jewelry appraised by a jeweler and you’ve listed the item for sale, you can request that any prospective buyers meet you at the jewelry shop for the sale. Many jewelers will offer this service, too. This will allow the buyer to ask any questions to the jeweler about the authenticity of your item. Additionally, if you’re concerned about the safety of selling a high-value item to a stranger, you can breathe easy because jewelry shops have surveillance cameras, which can be safer than meeting the person at your home, for example.
For more information about selling gold jewelry, contact a company like Wimpey’s Pawn Shop.Read More
When it comes to owning a house, financial matters can often be the most confusing aspect of it. You may have heard of home refinancing but not know much about it. If you are looking for a way to lower your monthly mortgage payment, make sure you know the answer to these 3 questions.
Will Refinancing Save You Money?
When refinance your house, you are basically getting a brand new loan which is used to pay your previous loan. While it may seem counter-intuitive, it can actually save money since you can get a lower interest rate.
Meet with a mortgage lender to find out how refinancing can help save you money, or at least lower your monthly mortgage payment. For example, if you plan on selling your home in the near future because you are downsizing, it may be beneficial to refinance and take advantage of a lower interest rate for that short period of time. It can help make your mortgage affordable.
Will The Refinance Automatically Be Approved?
A misconception you may have about home refinancing is that it will be automatically approved since you are an existing homeowner. This isn’t always the case, since refinancing involves applying for a brand new home loan. If there were drastic changes in your credit score, personal income, and debts that you have incurred over the years, all of that will be taken into consideration when refinancing.
You might have to take some time to fix any blemishes in your credit history before you begin the refinancing process. It can delay the process, but you will find that you’ll have a better chance of the loan being approved with the lower interest rate that is being offered.
Can You Go To A New Lender For Refinancing?
You can go to a new mortgage lender for your refinancing or go to your existing lender. It’s possible that your existing lender may have an easier time processing your loan, since they have access to things such as the original appraisal and additional documents related to the house. That said, it’s always worth it to shop around to find the best interest rate possible if that is your reason for refinancing.
Now that you know more about refinancing, you will be prepared for what to expect when you meet with a mortgage lender. They can fill you in on more specifics related to the loan on your home and if it will be financially viable to refinance with a lower interest rate. Contact a company like Doolin Security Savings Bank for more information.Read More
No one ever plans on going to jail. Suddenly finding yourself behind bars can be quite traumatizing and leave you wondering what your next move should be. One way you can help yourself be prepared for this situation is to educate yourself on a what a good bail bond company can do for you. Here are 3 benefits of keeping a bail bondsman in your phone’s contact list just in case.
Most Bail Bond Companies Operate 24 Hours
If you are arrested at night, let’s say after an evening out on the town, it might be difficult to get a friend or family member to come and bail you out of jail at 3 a.m. in the morning. Obviously, you don’t want to keep the length of time you are behind bars at a minimum. Knowing the number of a good bail bond company you can call will help you get out of jail quickly, no matter what time it is.
Bail Bond Companies Offer Payment Plans
The way most bail bond companies work is that they will bail you out in exchange for an agreement that you will pay them back over time. If your family doesn’t immediately have the cash on hand to pay the full bail, this can be a viable method for getting you out. A bail bond company can also help with an especially high bail by putting up the money in exchange for your agreement to show up in court at the appointed time. When you arrive in court, the bail bond company may get some of their money back from the legal system and you will only have to pay their fee.
It Might Be Better To Call A Bail Bond Company Instead Of Your Spouse Or Parents
If you are being limited to only one phone call, your first instinct might be to contact a family member. But under some circumstances, you might not be proud of the situation and might not want your closest loved ones to find out about your arrest right away. By having a bail bond company on your side, you can get out of jail without having to make a dreaded phone call to your spouse or parent. Then, once you are out of jail, you can break the news to your loved ones on your own terms in person.
Bail bond companies can help you get out of jail quickly and can help you avoid an awkward situation with a close family member or friend. Bail bond companies may also be more affordable than you think, depending on the terms of your bail. Contact a local bail bond company today for more information so you are prepared if you ever do one day find yourself under arrest.
For a bail bond company, contact a business such as All Night & Day Bailbonds.Read More
If you have credit problems or simply want to improve your credit history so you can be more appealing to lenders for a major purchase, you need to take action immediately. There are several avenues you can take to improve your credit, such as taking out an installment loan. If you are considering an installment loan (click here for more information), here is what you need to know.
Why Should You Get an Installment Loan?
In addition to helping you improve your credit rating, an installment loan is one of the fastest ways to get the funds you need. The approval process for an installment loan can be as little as a few days. In some instances, it is even faster.
Installment loans are also considered long-term options, which means that the payments are more spread out and affordable. As a result, you are less likely to miss a payment or be late, which helps to paint you as a good candidate for lenders.
Installment loans are often less expensive to take out than a revolving credit line. Revolving credit lines, such as a credit card, have interest rates that are higher and the balances can dramatically increase from month to month if you miss a payment or fail to pay the balance owed in full.
What If You Have Bad Credit?
Even if you have bad credit, it is possible to still be approved for an installment loan. You might have to shop around for a lender that is willing to take into account other factors, such as your monthly income and your length of employment, but it is possible.
One way you can increase the likelihood that you qualify for an installment loan is to look for a lender who is willing to accept collateral in exchange for approval. For instance, your home’s equity or your car could be the collateral needed.
You should also consider shopping for an installment loan with a local lender. Although you will still have to meet certain requirements to be approved for the loan, local lenders tend to allow more wiggle room than national lenders.
If you have a family member or friend who is willing to cosign on your loan, you can improve your chances of getting an approval. It is important to remember that if you do not make the payments, your cosigner could be left to make them.
To determine if you are eligible for an installment loan, contact a lender. You can also learn what further steps you will need to take to qualify.Read More
Prepaid debit cards are very popular today. They can be attractive to those who do not have a credit card or do not want to use them. In many ways, they can take the place of a debit card that is linked to a checking account, but there are several differences that make them inferior to a checking account. The following are among the most important.
There is no fee for adding money to your account
If your balance on a prepaid debit card is low, it is easy enough to add money to it. The problem is that there are fees charged for adding money. There are no fees associated with adding money to your checking account, and the debit card that is linked to your account works the same way a prepaid debit card does.
You can avoid fees for cashing a check
You may think that you have no need for a checking account to cash checks, after all, your paycheck and even a tax refund can be transferred electronically to a prepaid debit card. But the first time you get an unexpected check, you will need to use a check cashing service to get your money. Although the fees vary, it is a cost that can be avoided with a checking account. And with a checking account, you have several options and none of them will cost you money. You can deposit the check at the bank or use an ATM. Also, many banks allow you to deposit a check using your smartphone and an app.
It is still convenient to write checks for certain things
Although it is easier to pay for most things with a debit card, there are times when it is easier to write a check. Perhaps your child needs to pay for something at school, and they will only take cash or check. You may prefer to send a check rather than cash when you send your kid to school. Of course, the big example is paying for your rent each month. Although you can buy a money order, it is more conventional to write a check, and besides that, money orders cost money.
Critics may be quick to point out that there are monthly fees charged by banks for checking accounts, but in many cases, these fees are reduced or waived. There are checking accounts available free or at a low cost for seniors and students. In addition, many banks will reduce or waive fees for those who have their paychecks automatically transferred to the bank. And of course, most banks will offer free checking with a minimum average balance maintained each month.
For more information, contact a local bank like FCN Bank.Read More