When we think about a personal loan, going to a bank comes to mind, but on many occasions this is not possible. The next most direct option in the event that we cannot request a personal loan through our bank is to access a personal private equity loan through a mortgage guarantee: request a loan guaranteeing it with a property we own.
But what happens if we do not have a property with which we can guarantee the operation? In this case, we can access financing through personal loans without a mortgage guarantee, which work through the pawn system.
Vehicle pawn loan
Pawning the vehicle is the fastest way to obtain financing almost immediately. Obviously you can access a higher amount if the value of the vehicle is higher, regardless of the type of car available.
This is a fast and almost instantaneous way to access financing.
Tzedakah House has offices throughout America, which means that you can pawn the vehicle anywhere on the peninsula without having to travel and carrying out all the procedures in a comfortable way.
Vehicle pawn options
Tzedakah House works the vehicle pawn in two ways:
- Giving the vehicle in deposit until the loan money has been returned,
- Or by taking out comprehensive insurance for the full value of the vehicle and continuing to drive the car normally
A professional will carry out the appraisal to determine the market value of your vehicle, and thus we can give you approximately up to 50% of its value. All this process does not take more than 48 hours, and it is the perfect formula to obtain financing and money almost immediately.
Since all the operations are carried out online, it is necessary to present several photographs to determine the state of the vehicle, that the vehicle is up to date with the payment of all taxes and fees, it is important that nothing weighs on the vehicle type of debts (for example we cannot accept vehicles that work / are owned by a rental contract), and also send us a photocopy of all the documentation related to the car you wish to pawn.
Conditions of access to our vehicle pawn system
In order to access our vehicle pawn system, the car must meet the following conditions:
- It must be a maximum of 10 years old.
- It must have passed the ITV and have it in force
- Have comprehensive insurance in the event that you want to circulate with it during the pawn contract
In which cities of America do we work through the vehicle pawn system?
We work practically in all the provinces of America for the pawn of vehicles to obtain financing. In the following table you can consult the provinces in which we work and if you want more information you can contact us by phone, email or contact page.
Motorcycle Pawn Loan
Our motorcycle pawn service works in a similar way to vehicle and car pawn service, offering money in exchange for leaving a motorcycle on deposit. The conditions under which our motorcycle pawn loans work are exactly the same as in the case of cars, adapting in this case to the type of vehicle in question. Again, the exact amount of money that can be accessed depends directly on the type of motorcycle being delivered, and the state in which it is. Also the make and the mileage have a direct influence on the appraised price of the motorcycle. In the case of wanting to circulate with the motorcycle during the duration of the pawn contract, a comprehensive insurance must also be contracted, which we can process ourselves and settle said amount together with the initial loan. Tzedakah House will perform a visual appraisal of the motorcycle and a quick mechanical review, everything is in perfect condition and the vehicle allows access to a pawn contract.
Boat pawn loan
The boat pawn works exactly the same as in the case of cars and motorcycles, but also in the case of the boat pawn we can also work under the advance sale operation. This means that we can advance part of the sale value of the boat before even selling it.
Boat sale advances
Our boat sale advance service allows you to obtain up to 25% of the appraised value of the boat by signing a contract in which the owner of the vessel agrees to sell it within a period of no more than one year. In addition, this operation allows the client to continue enjoying their boat and go sailing with it during the entire period of time that the contract lasts.
How to access a boat sale advance
To be able to access an advance for the sale of a boat through Tzedakah House, the boat must meet the following requirements:
- That the boat is not older than 15 years and that it is in good condition
- That all the corresponding taxes and fees are up to date and have been paid and settled
- That the boat has all the licenses, reviews and technical inspection in force
- The boat should not be subject to any type of load, such as a purchase loan on it
One of our experts will perform a mechanical and visual review of the boat to determine that the applicant and their boat meet all the requirements that we demand, and if the boat meets the requirements, they will be able to receive up to 25% of its average value in 48 hours. .
The main advantage of making a boat sale advance is that the higher the value of the boat, the greater the amount that we can access via a pawn loan. The state of conservation in which the ship is located and the type of boat in question will also influence.
Aircraft Pawn Loan
The last of our unsecured personal loan services is Aircraft Pawn.
This service is aimed at owners of private aircraft, regardless of the model and type of aircraft in question.
To access a loan through the aircraft and aircraft pawn, it is only necessary to carry out an appraisal, wait a maximum of 72 hours to know if the aircraft meets the necessary requirements and immediately after receiving the money in your checking account.
Similarly, as in the case of pawning boats, given that this type of property has a relatively high value, this means that its owner will be able to access a very high amount via loan.
If you need financing immediately and you have an aircraft, please contact Tzedakah House so that we can carry out an appraisal of it and we will give you financing almost immediately.