What is a collateral loan?

What is a collateral loan“Collateral loan” – it’s not a term that many people use in their everyday lives. But here at GNJ Pawn Big, we do! We specialize in collateral loans. Find out all you could ever need to know about collateral loans below – and feel free to ask us any questions you may have by visiting us at 557 East Palmdale Blvd. Palmdale, CA 93550, by calling (661) 224-1999, or by emailing gemsjewelry@sbcglobal.net.

Collateral loan definition

A collateral loan is a simply amount of money offered to someone in exchange for a high quality item of value. At GNJ Pawn Big, in exchange for your valuable item, we’ll offer you cash on the spot. Then during the loan repayment period, we’ll keep your item in our secure storage facility. If you repay the loan within the specified time period, we’ll return your valuable item to you right away.

Getting a collateral loan at GNJ Pawn Big

The loan specialists at GNJ Pawn Big make every effort to make sure the amount of money offered as a collateral loan accurate reflects the value of item(s) you bring in as collateral. They’re highly trained to appraise your valuables accurately to offer you the highest possible amount for your collateral loan.

Why GNJ Pawn Big?

GNJ Pawn Big is the trusted provider of collateral loans in the Palmdale, California area. We’ve been part of the Palmdale community for over 2024 years. You might be surprised to find out that many of your friends and neighbors have come to GNJ Pawn Big to get collateral loans. Whether you need some extra money to help with some unexpected bills or you simply want to pay for something else that’s very important, come to GNJ Pawn Big. We’ll make it happen!

Items we accept

We accept a wide variety of big ticket items at GNJ Pawn Big, including:

  • Airplanes
  • Cars, trucks, motorcycles, motor homes, and other vehicles
  • Gold, silver, watches, and other jewelry
  • Tractors
  • Art
  • Luxury purses
  • Oriental rugs
  • Boats

At GNJ Pawn Big, it’s as simple as one-two-three:

  1. You bring it
  2. We appraise it
  3. You get cash

That’s it! We have 6 service locations throughout Southern California, so there’s definitely one near where you live and work. We have locations in Acton, Lancaster, Littlerock, Palmdale, Quartz Hill, and Santa Clarita, California. Location information is available here.

No nonsense – just cold hard cash!

We don’t conduct background checks, we have reasonable collateral loan terms, and we don’t have income requirements. Stop by today to see how much money you could get – you might be pleasantly surprised! You’ll walk out with hundreds, likely thousands of dollars in your pocket and a big smile on your face. Many collateral loan transactions can be completed in an hour or less, so you’ve got absolutely nothing to lose and so much to gain by coming to GNJ Pawn Big.

See you soon!