Need a Quick and Discreet Loan?

Do you need cash fast? Jewelry equity loans from Diamond Buyers are the best loan option if you need to get a quick and discreet loan. Diamond Buyer’s team is specially trained to make your loan as discreet as possible, so no one will know you’ve taken out a loan. In addition, a loan from Diamond Buyers can give you cash-in-hand in as little as 48 hours.  

Bank Loans are Slow

Many typical loan options such as a bank or personal loans can take too long to get the cash into your hands. There are a lot of steps to go through that really slow down the overall loan process. For example, if you’re getting a bank loan you will need to go through a credit check and employment verification. In addition to that, the bank will also check your income. All of these steps can add an extra week or two to the entire loan process. Also, bank loans tend to be very selective about who they lend money to. This means that you could go through all of the verification and still get rejected. You would have wasted two weeks and not be any closer to getting your loan quickly.

Don't get rejected by the bank! Get your loan quickly from Diamond Banc today!

Don’t get rejected by the bank! Get your loan quickly from Diamond Buyers today!

You Can Get a Jewelry Equity Loan Quickly

One of the best advantages of jewelry equity loans is they are extremely fast. A jewelry equity loan does not require any credit check, employment verification or income verification. This means the entire loan process at Diamond Buyers consists of just three quick steps. To get a jewelry equity loan quickly, all you have to do is fill out a quick form about your jewelry, diamonds or watch. Then, within 24 hours, you will be provided with a quote from Diamond Buyers. Next you will simply ship your jewelry to Diamond Buyers. Finally, you will be presented with an official offer and Diamond Buyers will begin arranging for immediate payment. 

Get started with the jewelry equity loan process now to get your loan quickly!

Overall, if you’re looking to get a loan quickly, you should avoid a slow bank loan. The best option is to get a loan quickly is a jewelry equity loan from Diamond Buyers. Get started with Diamond Buyers today!

What is a LTV (Loan to Value) ratio?

In general, loan terms can be very confusing and complicated. Luckily, Diamond Buyers believes in complete transparency and wants to make the loan process as simple as possible to understand.

What is LTV?

LTV otherwise know as “loan to value” is the amount borrowed versus the amount Diamond Buyers is willing to loan. The difference between these amounts may be large or negligible depending on each situation. Sometimes, your high-end jewelry may be valued at much more than you were looking to take out in a a loan.

How Does Loan to Value Ratio Work?

For example, Diamond Buyers may value your diamond ring at $20,000 initially. However, your medical bill may be $10,000, and you were only looking to take out $10,000 in a loan. Therefore, the value of your collateral is greater than the actual loan amount.
When the collateral is worth more than the loan amount, the loan is considered more secure. This is because the Diamond Buyer’s risk in the loan is lower. For example, someone has a Rolex valued at $17,000 and they want the full $17,000. The, the loan would be less secure because Diamond Buyers is risking more by lending the full value.
Therefore, if your loan to value ratio is bigger (meaning you take out less than your item is worth) the loan rate will be less expensive. This means you will not need to pay as much interest each month to have a more secured loan.
Have any more questions about loan to value ratios? Get in touch with the experts at Diamond Buyers who can answer any of your jewelry equity loan questions!
Overall, if you’re planning to get a loan using your engagement ring as collateral, Diamond Buyers is  great to work with! Get started today!

Need Money Quickly Without Affecting Your Credit Score?

Whether you have unexpected medical bills, tuition to pay or a new business venture to fund, you need money quickly without affecting your credit score. The issue with traditional bank loans or other loans is they require a credit check before you can receive your loan. However, checking your credit can negatively affect your credit score.

Why Credit Checks Can Slow Things Down

Do you need to borrow money but a credit check is preventing you from getting a loan? If you’re looking to get a bank loan, then it is mandatory they check your credit and employment verification. Many banks will reject loans on the basis of poor or insufficient credit. In addition, a bank will also check your income. Not only are these checks likely to get your loan rejected, they can also add an extra week or two to the entire loan process.

Banks will reject loans because of poor credit. If you want to borrow money without a credit check, you should get a jewelry equity loan!

Banks will reject loans because of poor credit. If you want to borrow money without a credit check, you should get a jewelry equity loan!

Banks tend to be very selective about who they lend money to. This means that you could go through all of the verification processes and still get rejected after two weeks because of insufficient credit. This is an extremely frustrating process for people who want to get money quickly without going through unnecessary hassles. However, you can get a jewelry equity loan from Diamond Buyers today without ever having to go through a credit check, employment or financial history!

With a Jewelry Equity Loan You Can Borrow Money Without a Credit Check

One of the best advantages of jewelry equity loans is you can borrow money without a credit check. In addition, a jewelry equity loan doesn’t require any employment or income verification. This means the entire loan process at Diamond Buyers consists of just three quick steps.

 

Borrow money without a credit check with Diamond Banc today!

Borrow money without a credit check with Diamond Buyers today!

To get a jewelry equity loan quickly, all you have to do is fill out a quick form about your jewelry, diamonds or watch. Then, within 24 hours, you will be provided with a quote from Diamond Buyers. Next, you will simply ship your jewelry to Diamond Buyers. Finally, you will be presented with an official offer. If you accept the final offer, Diamond Buyers will arrange for immediate payment. 

Get started today by filling out our no risk, no obligation jewelry equity loan form. Or stop by one of our convenient locations.