Attitudes to Pawnbrokers Are Changing Fast

From borro.com, the first truly online pawn shop in the UK:

Attitudes to Pawnbrokers Are Changing Fast
July 22, 2009 · Filed Under Short Term Loan
Attitudes to Pawnbrokers Are Changing Fast

Before the Second World War, Britain had more pawnbrokers than it had pubs. Then the welfare state happened! Now attitudes are changing again. The rise in popularity of car boot sales and eBay has made people more comfortable with dealing in their own possessions.

These days, it’s cool to turn your assets into cash online, and also to use your personal assets to negotiate the short term secured loans and personal loans that the banks won’t touch since they gambled all our money on spurious get-rich-quick schemes.

Even high net-worth individuals, fed up with the attitude of credit-crunched banks are using their assets as security for collateral loans. Paul Aitken, CEO and Founder of Borro.com, the world’s first online pawnbroker commented, “It’s not just brand names like Ferrari, Rolex and Bulgari we’re seeing. In recent months we’ve advanced asset-backed loans against sculptures and paintings by some of the the most distinguished names you’ll hear in auction rooms, as well as some extremely rare military, entertainment and sporting memorabilia”.

Because Borro.com operates online 24/7, the benefits of pawnbroking are now available to a more upscale and discerning clientele – in a totally discreet, convenient and safe manner. And it also fast! All goods are shipped by pre-paid, fully insured courier, and all monies are transferred electronically, into any UK bank account nominated by the borrower.

Borro.com is UK government regulated, and all Borro contracts are approved by the Office of Fair Trading. Borro contracts are totally straightforward and easy to understand. Unlike many alternative short term loan contracts, Borro never levies any nasty hidden extras, such as start up fees, admin charges, early settlement fees (you can pay off a Borro loan whenever you like, and you only pay interest during the time you use the loan), late payment fees or default penalties.

With a Borro loan, you can never get in over your head, or take on a debt that you can’t afford. Even if you decide not to extend or pay off your Borro loan, you will be given ample notice if your pledge needs to be sold to settle your loan, and any cash left over is sent straight back to you.

With Borro.com, there are never any credit checks, intrusive questions, bureaucratic delays, debt collectors, court actions, bailiffs, asset seizures or repossessions – ever!

If you want easy cash, and fast cash at low rates in the form of an affordable, low interest rate loan, visit online pawn shop, Borro.com. For a cheap, no risk short term loan, phone leading short term loan provider, free, on 0800 756 9877.

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