Gold and Silver Buyer in Delhi, Noida, Gurgaon +91-9999821722, 9999333245

Tuesday 9 April 2019

Why Never To Take a Gold Loan?

Are you in need of urgent cash? Are you thinking to take a loan on your golden or silver jewelry? If you are planning to do so then certainly you aren’t aware of the disadvantages of taking a loan on jewelry. Do you know that the interest rates on such loans are too high? Instead, come to us and sell scrap gold online to us. Secondly, those interest rates are so high that with the day, those convert into compound interest rates. So why would you take a loan if you could pay that much high amount of interest rates every month?


Moreover, in long run, it is not advisable to go such an extent. As there are lots of formalities existing with such loans and none of them are beneficial. These would take you to have a headache of endless norms, terms, and conditions. These loans are too much complicated than normal loans. Who would prefer to avail such loans?

Also, banks will never give you hundred percent of fair value of your gold jewellery. They will only give you 65-70 percent. Then why to bear such unnecessary loss. Lastly, we all know that gold prices are always fluctuating in the market. What if today we take a loan, and tomorrow prices would go high. Then who will bear that loss?

What Services We Will Provide?

  • We will buy gold instantly from the bank to replace your stress. So instead of giving loans, we will purchase your jewelry. Therefore, no need to pay high-interest rates to banks. You will be given money during your urgent need.
  • We are also able to help you sell gold online. You do not have to go anywhere. Sitting at your home, you can solve your cash problems easily. Our team member will come and collect your jewelry from you in an instance.
  • We will give a hundred percent of your jewelry or coins. That means we will be providing the current fair value of your jewelry. Your coins and jewelry will be evaluated fairly.
  • We provide instant cash for gold of any high amount you need. We give instant cash from Cash for Gold in Gurgaon which you can meet your urgent need or requirement.

Also read this blog: Why Cash for Gold Is the Best for Selling Gold, Silver, And Diamond?

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