Phoenix Pawn and Gold will loan you the most cash for your diamonds!
How does a diamond loan work?
As with any other pawn or loan,borrowing money using your diamonds as collateral is an easy process. Bring us your diamond and you will receive a cash loan within a matter of minutes. Diamond loans, like our other short term loans are for 90 days. At the end of the 90 day term you have the option of either paying off the loan plus the interest or, if you do not have the full amount pay the loan off, pay the interest and we will extend the loan for an additional 90 days. These extensions can be done as many times as you may need. If the situation arises where you are unable to pay off the loan or make the interest payment then you may surrender the diamond as payment in full.
Why take out a loan on your diamond?
If you need quick cash and have a diamond that you do not want to sell then a short term loan is the answer for you. A short term loan or pawn provides you with the cash you need right away but still allows you, once the loan and interest have been paid, to get your valuable diamonds back. You would have 90-days to payback the loan plus interest or you could just pay the interest and extend the loan for another 90-days. There is no limit to how many times you can renew your loan and there are no background or credit checks! No matter how long it may take, your diamonds are safe and secure until you get them back.
What type of diamonds will you loan on?
We loan on all types of diamonds; engagement rings, wedding rings, earrings, necklaces, tennis bracelets and loose diamonds as well. Diamonds will always have value allowing us to provide you with a loan on any type of diamond regardless of cut, clarity, karat, or color.
Why should you come to Phoenix Pawn?
Phoenix Pawn and its affiliates have been in business over 30 years lending money on all types of diamonds. Phoenix Pawn will work with you to get the most cash for your diamonds. We know diamonds and we know how sentimental they can be to people. We want our customers to feel good about getting a loan for their diamonds so we will do everything we can to make their loan as easy as possible.
2803 W. Van Buren Avenue Phoenix, AZ 85009