What Are Secured Jewelry Lenders, And How Do They Work?

Secured jewelry lenders are financial institutions that provide loans using jewelry as collateral. To obtain a loan, you present your valuable jewelry, which is appraised to determine its worth. The lender then offers a loan amount based on the assessed value of the jewelry. Upon repayment of the loan and associated interest, you regain ownership of your jewelry. If you're unable to repay, the lender may keep the jewelry as collateral.

For more information, visit Vasco Assets.