FREQUENTLY ASKED
Answers for borrowers across California, from Sacramento, Stockton and the North Bay to Fresno, Bakersfield, the High Desert and San Diego, about borrowing against a watch, jewelry, gold, art or a vehicle. For how state rules compare with California — where the loan is actually made — see the state lending-law guide. For specifics about your asset, email hi@luxuryassetloans.com.
There are two separate systems. Pawnbrokers are licensed by the local police chief or sheriff, with a background check from the California Department of Justice. Finance lenders and brokers are licensed by the Department of Financial Protection and Innovation (DFPI) under the California Financing Law. Which one applies depends on the kind of loan you take.
For a watch, jewelry, gold or art that the lender holds, it is normally a pawn loan from a licensed California pawnbroker partner. California Asset Loans is the marketing platform that connects you; it is not the lender.
Yes.
Watches, fine jewelry and diamonds, fine art, gold bullion and coins, and in some cases collector vehicles and real estate. Each page explains what the lender looks at for that asset.
Original box and papers and service records for a watch, a GIA or similar grading report for a diamond, provenance or an auction record for art, and a clean title for a vehicle. None of it is mandatory, but each one makes the valuation easier to support.
Yes. With a pawn loan the lender holds the item as security while you keep ownership. Repay the loan and charges as set out in your agreement and the item comes back to you.
No. Neither your credit score nor your income is part of the decision. The value and condition of the asset are.
Talk to the lender before the maturity date.
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