Specialising in short term finance, Sparkle Money operate a very private and discreet service that you can trust and rely on. We can arrange guaranteed short term finance from £500 upwards (no maximum) against valuables that you already own, for example watches, art, jewellery, antiques and luxury cars.
From initial enquiry you can have the money in your bank account within 48-72 hours.
Its quick, discreet and reliable.
If you are looking for short term finance then we have made it as easy as possible.
How it works
Step 1
Firstly you need to either contact us via telephone or, if you prefer, fill in our short and simple enquiry form.
Don’t worry – it is very secure and your details will NEVER be used by anyone other than Sparkle Money.
Step 2
We send you a pre paid Royal Mail Special delivery pack, all you then have to do is return the pack with your goods inside. These will be insured whilst in transit to our secure vault. Upon receipt, our specialist team values the item(s) and we confirm the available loan amount to you.
We offer transit cover up to £30,000 (highest amount available in the market) so that you know your goods are protected, giving you extra peace of mind.
Step 3
If you are happy with the loan amount and terms the funds are then transferred into your account the same day.
If you don’t want to go ahead we simply return the items to you.
Step 4
Your items will be put into our secure storage facility and Sparkle Money will look after them as if they were our own valuables.
Step 5
When you are ready to pay off the finance you can either give us a call or log on to your online area and follow the instructions.
Step 6
We'll return your valuables to you in the condition that they came to us.
The whole process is safe, secure and discreet.
That’s the Sparkle Money promise.
Sparkle Money FAQ’s
• What kind of valuables do you accept?
We accept most types of jewellery, including all pieces containing gold, platinum and diamonds.
We also lend on luxury and fashion brand watches, antiques including furniture and collectables, art and other luxury items, such as cars.
• How do I send the valuables to you?
We use Royal Mail Special Delivery Shipping Service and have the highest covering insurance policy in the market, of up to £30,000 in transit.
We will send you a free, fully-insured Special Delivery pack and ask you to drop it off, along with your item, at your nearest Post Office.
• Do I need to send any documents?
No documents need to be sent with the valuable.
Once we have received your item, we will contact your client for proof of identification.
• How fast is the process?
The process can take as little as 3 days from the point of contact. Once you have sent the item and we have received and valued it, identification checks are run and the money can be transferred immediately.
• Will my credit rating be affected?
Your credit rating will not be affected. As part of our legal compliance we are required to carry out identity checks, however these are not credit checks.
• Where will my goods be stored? Are they insured?
Your goods will be stored safely in the vaults at Sparkle Money’s prestigious Hatton Garden headquarters in central London. We have the highest covering insurance policy in the market, meaning that items can be insured for up to £30,000 in transit and for an unlimited amount in the vault.
• Who values the items?
We have highly qualified, specialist valuers based in Hatton Garden who are fully trained and hold qualifications from industry bodies, including the National Association of Goldsmiths.
• What’s the minimum/maximum amount you will lend?
The minimum amount we lend is £500, and there is no maximum.
• What interest rate will my client have to pay?
Our interest rates vary depending on the amount borrowed. For loans under £1,000 the interest rate is 5% a month. For all loans over £1,000 we charge a market leading rate of 4% a month.
• When does the loan have to be redeemed?
The standard duration of the loan is 6 months, however after this time period it is possible to extend the loan, subject to approval.
• What happens if I can’t repay the loan?
In the event that you can’t repay the loan, your item will be sold for the best price achieved to recover the amount borrowed, any outstanding interest and any costs incurred in selling the item.
Your credit rating will not be affected and any surplus is sent back to you.
Secure transit of your valuables:
• Sparkle Money promise to use only the best services to guarantee the safety of your valuables in transit.
• We use a Special Delivery Courier Service and provide the highest comprehensive insurance policy in the market - up to £30,000. This service ensures that your items arrive at our Hatton Garden premises within 24 hours.
• However, for valuables that are worth over £10,000 please contact us to discuss our premium courier options.
• For loans of more than £20,000 a home valuation from one of our experts at Sparkle Money can be arranged. Additionally, if you are unable to send your valuables to us we will be able to organise a meeting between yourself and our valuation experts at one of our appointment offices.
• Once we receive your items, they are stored in our one of our secure vaults at our Hatton Garden offices and fully insured. When your loan is redeemed we will return your valuables to you in the same condition in which they were received.
Call us now at Choose Loans on 0845 862 0524 to arrange finance today.
Or go to www.chooseloans.co.uk/contact.asp and complete our short Contact Us Enquiry Form and one of our advisers will call you back. Posted 28/07/2009 15:58:18 |
