Thursday, March 30, 2017

Pawn Shop and Jewelers in Oceanside News!

Gems N' Loans Searches for Diamonds!
As product manager for diamonds here at Gems N’ Loans Oceanside, I heartily approve of this counseling to the trade. It’s obvious to me that everyone in the jewelry trade must be increasingly on guard as technology makes product offerings ever more complicated. Here at Rio, we have a team of gemologists who are keenly attentive to new gemstone treatments and actively look for undisclosed synthetics being substituted for natural gemstones. We watch, because we know there are too many gem products being sold worldwide that are not properly represented. And we also carefully qualify our suppliers. We visit our suppliers to ensure we know who they are and how they operate their businesses. By having a close relationship with our suppliers and closely examining each and every receipt, we verify every gemstone we sell.

To learn more about our pawn shop click here!

Tuesday, March 14, 2017

A Fine Jewelry Store In Oceanside

The Best Home for Jewelry Oceanside

Ever wonder how a jeweler’s pawn loan is processed? All pawnshops offer collateral loans on valuable items, and interest rates on all loans are regulated by the State of California. When a customer does not repay or renew the loan by an agreed upon date, the pawnshop keeps the items. Pawn loans are popular because of the speed and efficiency of the process compared to a bank loan, and they also allow the customer to recover their pledged items as opposed to selling them. This gives jewelers in Oceanside a wider and more flexible range of options in jewelry services to offer its customers and the Oceanside community as a whole.

Customer education plays an important part of Gems N' Loans sense of business and community. In pursuit of this, as a jeweler in Oceanside we offer craftsmanship, custom designing with diamonds and precious gemstones, traditional handcrafted jewelry construction, cutting-edge jewelry technology, and precious metal grading and selection.

Learn more here!

Thursday, March 9, 2017

The Best Pawn Shops in Oceanside

Pawnshops and Jewelers in Oceanside Offer St. Patricks Day Sales!
Gems N' Loans in Oceanside offers 40 to 50 % discounts for St. Patrick's Day! Pawn shopping is fun and can be a wonderful experience. 

When shopping for jewelry, or just need quick cash you can always rely on Gems N' Loans in Oceanside.

According to the National Pawnbrokers Association, consumers seeking safety net loans from a trusted, licensed pawnbroker, NPA answers the following questions about pawn stores:

1. What does a pawn store do? The core of a pawn store’s business is making collateral loans. Pawn stores offer loans, secured by something of value. The pawn store may have other business elements such as retail sales. However, pawnbrokers focus on lending money.

2. How does a pawn loan work? Customers bring in an item of value, and the pawnbroker offers a loan based on a percentage of the item’s estimated value. The pawnbroker then keeps the item until the customer repays the loan with interest and any additional fees that may apply. Pawn stores are regulated on a federal, state and local level.

3. How much money can I get for my item? On average, customers receive only a portion of the item’s retail value. Remember, the pawnbroker is loaning money on the item, not buying it. The pawnbroker must consider the cost of storage, security and future demand for the item, along with the resale value if the loan is not repaid. The average loan amount nationally is $150. However, loans can be made for any amount, depending on the value of the pawned item.

4. What kind of interest rate will I have to pay on the loan? Interest rates vary from state to state and usually amount to less than bank overdraft fees, utility reconnect fees, or credit card late fees. As an example, an $80 pawn loan at 20% for 30 days would cost about $16. Compare that to an overdraft fee or a credit card late fee that may negatively affect your credit.

5. What do I need to do to get a pawn loan? In order to secure a pawn loan, you simply need an item of value and proper identification. Pawn loans do not require a credit check, bank account or co-signer.

6. What happens if I don’t repay my loan? Defaulting on a loan can never affect consumers’ credit scores. Because the loan is based on collateral—that is, an actual piece of property—the loan is considered paid in full when the item is handed over to the pawnbroker.