If you are considering selling your favorite pieces of jewelry or even a family heirloom, to meet an immediate cash need, don’t. There may be another way to get your funds without sacrificing items you truly love. You can get a loan from a pawnshop and still maintain ownership once you pay off the loan. Some items are so precious, you hate to part with them and a jewelry loan from a pawnshop means you don’t have to do that to raise the funds you need.

Unlike borrowing from a bank, you do not need to go through the humiliating process of filing all the paperwork, subjecting yourself to a credit check, giving the lending institution all your tax returns and waiting weeks for an answer. A pawnshop loan is quick and discreet. Nobody will ever know you borrowed the funds, unless you tell them.

Most other methods of securing loans may be far more public than a pawnshop loan. Since there’s no credit check and the pawnshop doesn’t contact your employer to confirm employment, only you and the shop owner know you borrowed money.

You may have opted to purchase fine quality jewelry as an investment for your future. It takes time to sell the items if you need money right away, so borrowing against the jewelry just makes sense. You can make payments as you go and if you still want to sell the item, may find a buying in the interim. Then you can retrieve your item and sell it at the best price, without sacrificing it because you needed the funds immediately.

Pawnshop loans are ideal for people that are temporarily out of funds when their car decides to call it quits or the washer goes on the fritz. If you have very expensive jewelry, you might even use the pawnshop loan as a down payment for a dream house before someone else snaps it off the market.

If you truly love your jewelry and find it irreplaceable, don’t take out a loan if you don’t believe you will be able to pay it back. However, if there’s an immediate need that you could easily meet with just a little extra time, you’ll find this easy method of securing funds can help you make it through those rough spots. Best of all, the jewelry you have normally would sit in your drawer, safety deposit box, safe or jewelry box in your home, when you borrow against it, the only difference it that it’s sitting safely at a pawn shop. You’re letting your jewelry work for you without losing ownership.