It might seem obvious that when you need money, you get a loan, but getting a loan isn’t always as simple as it is obvious. You can get money from a bank, or you can get money from a pawn shop, but where you go is going to depend on how fast you need the money, how much you need, and what kind of red tape you want to go through to get it.
If you’ve got good credit and the means to pay back a loan, and particularly if you need a large amount of money, a bank can help you out—provided you have all the paperwork they’re going to want (social security number, credit history, debt and asset records, etc.) and enough time to wait for an underwriter to approve it.
On the other hand, if you get a loan from a pawn shop in Northern Virginia, you can often get cash the same day—with no credit check. All you’ll need to supply is photo ID and fingerprints—pawns shops like Vienna Jewelry on Maple Avenue—want to make sure you’re not trying to pawn any stolen goods. And, of course, you’ll also need collateral, which can be anything from jewelry to tools to musical instruments.
Once you and the pawnbroker agree on a loan amount and a repayment contract, you’ve got your cash in hand. And once you pay the loan back, you get your item back. Quick and easy!