Scottsdale Loan Company Celebrates Second Anniversary

News provided by

Dec 20, 2010, 09:00 ET

SCOTTSDALE, Ariz., Dec. 20, 2010 /PRNewswire/ -- Scottsdale Loan Company (www.ScottsdaleLoanCompany.com), Scottsdale's premier collateral lender, is a member of one of Arizona's largest private collateral lending groups. Since 1986, this group has been providing cash loans or making outright purchases from individuals with various forms of collateral, whether that collateral be gold, diamonds, platinum, art work, coins, antiques, sports memorabilia, fine watches such as Rolex and Breitling, and other collectible or high value merchandise.

With over 35 years of experience in the gold and diamond trade, Scottsdale Loan Company helps potential clients feel a sense of confidence and trust. They are dealing with seasoned professionals. Experience and professionalism have allowed Scottsdale Loan Company to rise above their competitors and provide a level of expertise and customer care rarely seen in the collateral lending business.

Unlike many of its competitors, Scottsdale Loan Company offers its customers a choice of whether to sell their items outright or receive a loan, ultimately allowing the customer to get their valuables back when the cash loan is redeemed. Many other companies simply buy low and sell high, not providing the customer an option to ultimately get their valuable and possibly sentimental collateral back at the end of the loan term.

Scottsdale Loan Company does not consider credit history, employment or any other factors when providing a cash loan to its clients. The experienced professionals at this high end collateral lending office provide customers with a free verbal appraisal on their merchandise, and can make an offer on the collateral. Whether it's a fine quality estate diamond, an engagement ring, designer gold jewelry, Rolex or any fine watch, or collectible antique, Scottsdale Loan Company's talented staff has the knowledge and expertise to appraise the item and provide the individual with more options: to either obtain a cash loan or sell their item for quick cash.

In addition, Scottsdale Loan Company is highly secured, with a vault, elaborate security system and 24 hour camera monitoring service, allowing its customers to have piece of mind that their valuables are safe, secure, and insured against loss.

The loans provided by Scottsdale Loan Company are three month loans. Customers will always have the following options at the end of the loan term: paying the interest to extend the loan for an additional three months or paying the interest plus principal to redeem the loan and release the collateral. Loans can be redeemed at any time during the 90 day period. Early redemption can result in reduced interest charges. In addition, Scottsdale Loan Company can also make a purchase offer for an outright sale of the goods.

Scottsdale Loan Company also provides customers with auto title loans, in which customers can use an auto title on their vehicle as collateral. In order to process the loan, Scottsdale Loan Company collateralizes the car title by becoming a lienholder, much in the way a bank does when financing a vehicle at a dealership. The interest rates for an auto title loan are set by the Arizona Revised Statutes, however, Scottsdale Loan Company often charges less than the state mandated rates. As a result of lower than average interest rates, many customers have chosen Scottsdale Loan Company as their preferred title lender.

As a result of the struggling economy, and the tightening of bank credit, many people have been unable to obtain a short term loan. Getting a short term cash loan at Scottsdale Loan Company is guaranteed, provided that collateral with value is pledged against the loan. For those people who are short of cash or need a short term loan to bridge them over this tough time, or open a new business and need cash, Scottsdale Loan Company is a fast, easy choice for getting a cash loan using their valuables.