Hi Guys,
I need some advice regarding putting the jewelry as collateral. Can someone let me know as to what is the best way to use jewelry as collateral for a secured line of credit or loan. Any idea as which banks offer this product or what the good offers (in terms of interest rate or % of value given) might be?
Thanks.
No bank will take Gold Jewelry as Collateral. Maybe gold ingot... but that's a long shot.
What you're looking for is a pawn shop.
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