Gold Buyers Melbourne Discusses New Loan Service and Reiterates the Importance of Gold as an Investment

Gold Buyers Melbourne talks about their new service as well as the reason why gold will always remain as a valuable commodity.

Gold Buyers Melbourne, a leading gold and diamond buying company in Melbourne has recently announced the availability of their new loan service as well as touch base on the importance of gold and why it still is a valuable investment until today.

Loans is a relatively new service of Gold Buyers and it allows clients to get the best short-term loan rates and loan for week, fortnight, or a month without clients having to sell their gold entirely. With this service, the client gets cash in less than 5 minutes, actual loan in cash, not a cheque, and no worry about bad credit issues.

"You can't give your trust right away to a pawn shop that doesn't openly show their rates. Instead, opt for business that clearly show what their prices are."

Alex Mendieta , CEO - Gold Buyers Melbourne

Credit issues are not part of the equation since gold serves as the collateral that guarantees the loan. After the gold is evaluated and is confirmed to have great value, the client’s loan is considered to be approved.

The loan rates are freely shown on the company’s website unlike other pawnshops that discreetly discuss theirs. The company is very open about their interest rates and payment information and doesn’t employ tactics that surprise the customer with fees and sudden costs. 

The owner of Gold Buyer Alex Mendieta states that “You can’t give your trust right away to a pawn shop that doesn’t openly show their rates. Instead, opt for business that clearly show what their prices are.”

For clients who are looking for quick access to cash, they only need to bring one of the IDs indicated on the website (passport, driver’s licence, tertiary education ID, etc.) together with their item such as gold jewellery, diamonds, scrap gold, gold coins, watches, and bullion.  

Gold Buyers ensures that their clients get the best deal after they walk out of Gold Buyer’s office. The company doesn’t employ a middleman pawn shop which is a big factor that affects the price of gold being sold to them. 

As for concerns regarding its shaky standing in the current market, Gold Buyers responds that this is only due to concerns in the US and the US dollar’s exchange rate with other currencies which could be negatively impacted if the price of gold hit the $2,000 mark per ounce. Gold Buyers are and always will be 100% confident in the price of gold and the fact that it is a real asset. 

For more information on buying and selling gold, visit Gold Buyers Melbourne site at http://www.goldbuyersmelbourne.com.au/