Better at the Pawn Shop
Temecula Gems N’ Loans have no impact on your credit score. If you default on a pawn loan, the pawn shop acquires the item you submitted as collateral to receive a loan. You are not required to provide any credit information at the onset of the loan.
Pawn Loans typically have a longer period of time granted to pay back the loan. The payback period may be agreed upon between the lender and borrower at the onset of the loan. This makes it much more flexible, so long as the borrower is responsible enough to inform the lender if an extension is required.
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