Understanding Collateral Loans at Wild Side Pawn
There is a current, ever-changing financial environment in the world [...]
Wild Side Pawn provides honest, informative services to all. Whether you are looking to buy, sell or pawn, we guarantee a friendly, respectful environment and great prices for pre-owned items. Come in and check out our wide variety of high quality pre-owned items.
Our interest rate is 2.9% per month or 35% APR when clients borrow 30%-50% of the liquid wholesale value of their pledged collateral over $10,000. For example, if you have an asset with a liquid wholesale value of $25,000 and borrow $10,000, your interest would be $291.66/month. If you borrowed the money for 3 months, your total payback amount would be $10,740. Loans greater than $50,000 can qualify for even lower rates.
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