If you need money urgently, one way to get it is to hand over the gold in the house to a pawnshop. As a rule, a pair of gold jewelry can be found in any family, so almost every person has that little thing that can be mortgaged. The procedure for accepting gold at pawnshops is usually simplified and takes no more than twenty minutes along with the evaluation of your gold items.
Instruction manual
1
If possible, go around a few pawnshops in advance. Each has its own interest rate, conditions for calculating interest in case of late payment, and special conditions. Keep in mind that the average percentage in Russia that pawnshops charge for issuing money secured by gold products is rather big, and depending on the region of the country and the pawnshop it can vary from 0, 30 to 2 per day. Therefore, try to find an institution that will accept your products at an affordable price and without excessive interest.
2
Carefully select the things that you are going to hand over to the pawnshop. Remember that, according to the law of the Russian Federation, gold bars, medals, all kinds of production and laboratory details are not accepted on bail. They will also refuse you if you bring gold leaf. The product must have a sample of 585 or 750. Jewelry with stones is usually accepted, but the weight of the stones is subtracted from the total weight of the gold products.
3
Be sure to bring your passport with you to the pawnshop. You have the right to refuse to accept gold if you have not yet reached the age of 21. If the documents are all right, the receiver will offer you to read the contract, get acquainted with the interest rate and price per gram of gold. Be sure to check how many days the period lasts until you can redeem your products or re-mortgage them (pay only interest). After the expiration of this period, according to the contract, all your delivered products will become the property of the pawnshop, if you do not have time to redeem them.
4
After evaluating the products and signing the contract, you will be given the amount indicated on the security sheet. Try to return this money as soon as possible, because the percentage will grow every day. Moreover, after you exceed the period specified in the documents for the return of cash, you will be charged a penalty at a double rate. If, initially, you do not plan to redeem gold, it is better to immediately sell it, and not give it on bail. Then the price will be not much, but higher.
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