London, England -- (SBWIRE) -- 01/18/2017 -- Cash Shop has recently released the benefits of pawn broking for all to consider – explaining in short what pawnbroking consists of and why it can be incredibly advantageous to many.
The company stated that Pawn broking has been around for years and has become increasingly popular in recent years, explaining pawnbroking works by individuals obtaining loans secured against their items of value, which they then get back after their loans have been repaid. Just some of the advantages of pawnbroking listed by the company included:
1. Pawnbroking is more affordable than pay day loans because the interest paid is generally much lower.
2. Pawnbroking allows for people to have cash in their hands incredibly quickly, more often than not the entire process can be completed in less than an hour.
3. Pawnbroking loans are really easy to pay back, with many companies offering their customers extensions if required.
4. Pawn shops often only ask for ID when you apply for the loan and do not require credit checks and such which other loan providers ask for usually.
A spokesperson from Hatton Jewellers, one of the UK's leading pawnbrokers, was keen to comment saying, "Here at Hatton Jewellers we were very pleased when we heard about such a great company boasting these benefits, not only is it great for people to know the benefits of pawnbroking but it also shows how great the industry is. We provide a variety of services regarding to pawnbroking, and urge all requiring further information to get in touch with our team today."
About Hatton Jewellers
Hatton Jewellers is a family owned and run jewellers and pawnbrokers based in East London. With over forty years' experience within the industry, they hold a wealth of knowledge and understanding, and are therefore able to assist in spectacular ways. For further information, you can visit their website.
Company Name: Hatton Jewellers Limited
Contact Person: Rob Cuomo
Address: 8 Market Square, Chrisp St
Telephone: 0207 537 2270