SDJB Expands Cash Loan Service

To better serve the San Diego community, San Diego Jewelry Buyers (SDJB) has announced that it has increased the firm’s limit on collateral cash loans on diamonds, fine jewelry, and watches to $250,000 per customer. According to SDJB president Carl Blackburn, the company has increased its cash loan limits due to the declining accessibility of mortgage loans from traditional banking institutions. Read more

Pawning Stuff? What You Need to Know

The San Diego Union Tribune has recently published an article with tips for pawn shop goers in San Diego. A sampling of the nespaper’s valuable tips includes:

1) You’ll need to identify yourself. Be ready to show a driver’s license or state identification, give a thumb print and have your photo taken, along with a photo of your collateral. You’ll also need to supply some personal information and details of the item being pawned. This information will be sent to local law enforcement. Read more

California Pawn Shops Increase Business

According to a recent report by Bloomberg, California pawn shops have seen a dramatic increase in business over the past several months. The CEO of Beverly Loan (sitting in an office strewn with 18k gold bracelets, Rolexes, diamonds, and other luxury items worth thousands of dollars) is quoted as saying, not surprisingly, that business is booming. Read more