SuperPawn

SuperPawn is a lending company that has been servicing residents in the western part of the United States since 2004. This company is part of cash America. Currently, Super Pawn offers lending services to customers residing in Nevada, Arizona, Washington, and California. There are 42 store locations throughout these states. SuperPawn is very well known in the industry for providing quality services. This company operates traditional pawnshops as well as offering loan services to customers. SuperPawn is best known for its selection of high quality jewelry available for resale. Offering two types of loans, SuperPawn is one of the leading lenders in the country. They offer pawn loans and cash advances, which are both short-term loans providing fast access to cash funds.

These loans do differ in terms of value and how they are processed. A pawn loan is when the customer uses collateral when applying for the cash loan. The amount of the loan will be based on the value of the item being used as collateral. When a customer brings in an item, a professional will appraise it and an amount will be quoted. This will be the amount of available cash funds you may receive. When the loan is accepted, the collateral is handed over to SuperPawn. As soon as the loan is repaid, the customer will receive their items in return. This is a great way to get cash funds, especially for those who are in need of financial assistance and have no credit. A Cash advance is a short-term loan of a small amount. These loans are expected to be repaid in full when the customer receives their next paycheck. Cash advances have associated fees, depending on the amount of money being borrowed. The fees are regulated by the state in which the loan is being applied for. If you wish to find out the current interest rate and applicable fees, www.superpawn.com has a section to answer your questions and concerns.

Cash advances are used more commonly than pawn loans. However, a pawn loan may be the perfect solution to your current financial problem. Since these loans are not based on your income or credit, many people choose to find an item of value to use as collateral. All items are kept safe and secure while the loan is active. Customers are guaranteed they will receive the item in the same condition as it was when it was surrendered. When opting for a pawn loan, most people will use jewelry and electronics as collateral. These items usually have a higher value, allowing customers the opportunity to borrow larger amounts of cash. Pawn loans usually last for 30 days and have a one-month grace period. If you feel you cannot repay the loan when it is due, contact customer service at the store location where the transaction took place to discuss your options. Often times, customers will choose to permanently surrender the collateral. This counts as the loan being repaid in full.

Cash advances are a common type of short-term loan. These loans usually last for 14 days, or until your next pay date. The amount that can be borrowed will vary per state. When applying for a cash advance, there are a few requirements. The customer must have a valid and active checking account, must have a steady source of income, and must be over the age of 18. When customers go into a store to apply for a cash advance, they will need copies of their recent pay stub, bank statement, a state, or government ID, proof of address, and a checkbook with pre-printed checks. Credit checks are not conducted when applying for a cash advance through SuperPawn. They use your employment information and checking account history as validation. When the loan is approved, funds will be deposited into the checking account and are usually accessible the next business day. Cash advance loans are due in full on a specified date. If you cannot pay the loan back in full on the due date, you must contact customer service at least two days prior to the due date. Extensions are also regulated by state, so they will be able to tell you if you can extend the loan. SuperPawn also offers an extended payment plan, which is beneficial to customers who know they will not be able to repay the loan in full within the allotted time.

SuperPawn offers other services, such as money orders and transfers, Western Union services, tax services and pre-paid credit cards. To find out more about any of the services offered, visit the website www.superpawn.com. SuperPawn is a part of Cash America, which is the parent company, servicing more of the country. You may be redirected to their site. Employees understand that unexpected events arise and customers are sometimes in need of immediate cash funds. SuperPawn is a company that strives to make your financial worries less stressful by offering their services.