Maxferd Jewelry & Loans

The Collateral Lender, Inc.’s new blog

maxferds — Sat, 22 May 2010 20:56:14 +0000

Please visit our new blog at the following link:

http://collaterallender.wordpress.com

They take pawning to a new level in China

maxferds — Thu, 18 Mar 2010 14:19:09 +0000

They take pawning to a new level in China:

Property owners in Beijing are pawning their apartments as they attempt to secure quick cash to buy new properties to take advantage of a tax exemption policy due to end on December 31st…

Pawnbrokers are reporting a huge increase in the number of property hunters offering apartments as collateral on short term loans at pawnshops because they can get their money faster than through the banks even though interest rates are much higher interest at between 3 to 3.2%.

One Peng Tao, property manager of Huaxia Pawnshop, said business had increased 50 % since the first of November compared to the same period last year. Peng said many buyers were using this money to buy new properties…[Full Article Here]

Please visit our new blog at the following link:

http://collaterallender.wordpress.com

About The Collateral Lender, Inc.

Engagement rings at Maxferd Jewelry & Loan

maxferds — Wed, 10 Mar 2010 00:05:00 +0000

We don’t offer the chapel services, but we have a nice selection of rings and other jewelry:

If you’re thinking of taking a trip down the aisle, a local pawn shop is offering a sweetheart of a deal…[Story from WAAY 31]

Please visit our new blog at the following link:

http://collaterallender.wordpress.com

Pawnshops help Crack the Case Again!

maxferds — Sat, 06 Mar 2010 20:13:14 +0000

I really don’t know why thieves go to pawnshops at all to try to fence stolen property. For one, Maxferds and all California pawnshops check and record all current ID info. We take thumb prints and we report every item that comes through to the local authorities, who now have a national database to check for stolen property. I mean really, wouldn’t Ebay or Craigslist be a better choice. Do they check ID? Do they report all property to the police? I don’t think so! Here is an interesting link for anyone interested in reading more about the article. http://bit.ly/auQekA

Please visit our new blog at the following link:

http://collaterallender.wordpress.com

About The Collateral Lender, Inc.

Recession, TV show draw new crowds to pawn shops

maxferds — Sun, 28 Feb 2010 23:34:56 +0000

We love History Channel’s Pawn Stars and it’s good to see some positive effects of the new recognition pawn shops are getting as a result:

“Industry-wide,” he says, “we continue to see a broader spectrum of clientele. The recession has brought in a larger number of middle-class clientele than we’ve ever seen before. Consequently, we are getting a higher quality of merchandise by people who bought nice things a year or two ago, and now have a need and are liquidating their assets.” [Full Article Here]

Our previous post on a similar article here on the Maxferd Jewelry & Loan blog.

Please visit our new blog at the following link:

http://collaterallender.wordpress.com

About The Collateral Lender, Inc.

Pawnbroker Thrown Under the Bus?

maxferds — Tue, 16 Feb 2010 00:03:41 +0000

Has anyone read the news about the Illinois pawnbroker who ran and won the primary for Lt. Governor? Well here is a side of the story your not going to hear about. Very interesting view, and some points quite valid and disturbing. I’ve read a bit about this and if I’m not mistaken the allegations surfaced before the vote. He still won. Not sure if I would have voted for him but many did and now there votes are being erased. Here is the link. Enjoy!

http://themiddleclassguy.blogspot.com/2010/02/did-he-finally-wise-up.html

Chinese New Year in San Francisco

maxferds — Fri, 12 Feb 2010 20:25:35 +0000

With the largest Chinese community outside of Asia, San Francisco is gearing up for a wonderful Chinese New Year parade and celebration. This years parade is scheduled for Feb. 27th and should run right in front of Maxferd Jewelry and Loan at 201 Kearny St.
Here are some interesting facts about the parade and celebration in SF.

Pawning is up at many local pawn broker shops

maxferds — Mon, 08 Feb 2010 14:48:30 +0000

Business is up at American pawn shops as well as shops in Europe. Article from one of Britain’s oldest provincial daily newspapers:

“Pawnbroking has always been a solution for short-term cashflow needs in any economic climate, and is relatively recession neutral.

“However, the barriers that have been created in regards to access to credit by banks has widened the customer base for pawnbroking, with new customers seeking to take advantage of our simple-to-use facilities.

“The increase in the price of gold has enabled customers to borrow more cash against their jewellery items than before, as well as enabling thousands of customers to raise cash from unwanted and broken jewellery.”…[Full Article Here]

Please visit our new blog at the following link:

http://collaterallender.wordpress.com

About The Collateral Lender, Inc.

Valentines Day Sale at Maxferds!

maxferds — Sun, 07 Feb 2010 00:20:19 +0000

Maxferds Jewelry and Loan in San Francisco is having its Valentine’s Day Sale. Come by any time till February 14th and receive 25% off and we will pay the sales tax. You can’t beat Pawnshop prices and now they’re even more affordable.

See our previous post about Engagement Rings..we have a nice selection at Maxferd’s.

Please visit our new blog at the following link:

http://collaterallender.wordpress.com

About The Collateral Lender, Inc.

Get a loan a Maxferd’s in San Francisco

maxferds — Mon, 01 Feb 2010 14:57:12 +0000

When you pawn items such as jewelery, watches, antique silver, you are using your own assets as collateral (security) for a loan.

Typical pawn loans are for a period of six or seven months, and you simply pay the interest due and redeem your item with a single payment – either at the end of the six or seven month term , or earlier if you wish.

So when you need to pay unforeseen bills, and easy way of raising quick cash can be to use your own valuable items as security for a loan, either until things improve, or next pay day, or until the end of the loan term. Usually, you can repay the loan and then immediately take it out again; you simply continue to pay the monthly interest- in fact a high percentage of people who pawn their items become repeat customers.

Following the recent banking crisis it has become more difficult to borrow or obtain a loan from banks, so pawnbroking offers a very viable and convenient option.

It is important to check and compare interest rates as these differ, and also whether the pawnbroker makes any additional charges for early redemption, lost ticket, or storage.

Give a call at the Midtown Loan office in San Francisco with any questions you may have about the process or current rates: (415) 362-5585

Please visit our new blog at the following link:

http://collaterallender.wordpress.com

About The Collateral Lender, Inc.