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Need to Make a Loan Payment? Have Any Jewelry Lying Around?

Aug 6, 2013 | Personal Finance

We like to see people make the most of their resources. Unfortunately, far too many people struggle financially when unnecessary. If you find yourself choosing between making the minimum payment on a high interest loan and paying the electricity bill, something has to give. Many customers have resolved this conflict by selling their unwanted gold.

We’ve built a reputation for providing customers the best possible price for their unwanted, used, or broken gold. We stand behind our service with a 14 day return policy.  This affords you the opportunity to shop competitors to ensure you’ve been paid fairly for your precious metals.

Using your old jewelry to get out of debt is about more than our offer to buy it. Following are three benefits to digging through your jewelry box for forgotten treasure.

#1 – Save Your Money for the Bills
Consumer loans can be a big help under urgent circumstances however you must be in a financial position to make regular, timely payments. By selling your unwanted jewelry, you can put monies towards the bills you can’t afford to skip such as utilities, groceries, and rent.

#2 – Take Advantage of the Recent Gold Rush
Gold, silver, and other precious metals are in a boom period with many Americans wary of the stock market and the general economy. This is the ideal time to benefit from old necklaces, bracelets, rings, or coins that are doing little more than collecting dust. If they can help you get ahead financially, why not sell them?

#3 – Waste Not, Want Not
Unless they have special or sentimental value, is it worth keeping earrings without mates, a watch that doesn’t tick, or a necklace with a broken clasp? If you plan to have these things repaired, great, but set a deadline for it.  If that time passes, consider selling them and using the money to buy a new, functional piece of jewelry.

Written by Joel Manzer

Once an active writer on financial issues, Joel is a blogger, social media maven and autism dad, Joel now runs one of the largest living with autism sites in the world.

The information provided is for informational purposes only and is not a substitute for professional financial advice. You should consult a credit counseling professional concerning the information provided and what should work best in your financial situation. And any action on your part in response to the information provided is at your discretion.

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