How to Get a Loan on Watches

If you are looking for a loan on watches, you have a number of options. These include a personal loan and Borro. You can also use the Affirm finance application. You’ll need to fill out the form on the product page to determine your eligibility. After you’ve filled out the form, your information will be remembered and available at checkout.


Borro provides luxury watch financing for its clients, ranging from thousands to millions of dollars. The company accepts nearly all luxury watch brands as collateral for loans. Other assets that are accepted as collateral include fine jewelry, diamonds, precious metals, and designer handbags. Borro also accepts assets purchased through premier auction houses.

Borro’s clientele typically includes entrepreneurs and business owners. The loans are short-term and, on average, last about six months. Clients typically receive seventy-five percent of the appraised value of their watches, with interest rates ranging from two to four percent a month. There are no early-payment penalties or prepayment fees, and there is no credit check.


If you want to buy a new watch but don’t have the cash to make the entire purchase, you can use an Affirm loan. This service offers instant financing for online purchases with rates ranging from 0% to 10-30% APR, depending on your credit history and other factors. It also offers several payment options, including autopay. After you select the loan option, you simply fill out a short form and enter your name, phone number, date of birth, and social security number.

Affirm offers financing for luxury watches, and it is available to U.S. citizens only. Unfortunately, the service is not available in West Virginia or Iowa. You will need a mobile phone with a U.S. address and consent to receive SMS text messages from Affirm. The information you provide will be used to process your application and will be remembered at checkout.


If you want to get cash for your watch, you should pawn it at a pawn shop. This type of business accepts a wide range of items, including watches, guns, and jewelry. You can increase the amount you get from pawned items by following certain strategies. Keeping track of the value of the items you pawn is important.

Before you decide to pawn your watch, you should first find out its market value. You can do this by researching the brand and model of the watch online. If the watch is a high-end brand, it will be worth a lot more than if it is a cheap knock-off.

Personal loan

A personal loan on watches works just like a traditional personal loan, only the loan amount is secured with the watch itself. You can obtain the money for 4 months at very low interest rates. Another great advantage of a watch loan is that you don’t need to worry about credit or lengthy paperwork. This loan is a practical way to meet an unexpected expense, and there’s no credit check or lengthy process.

Most personal loans pawning luxury watches are approved in one lump sum and are deposited in your bank account within 24 hours or a few weeks. You can then start making payments. However, it’s important to remember that you should only borrow as much as you need, and not more. Borrowing more money than you need can increase your interest rate.


If you’re interested in buying a new watch, but don’t want to spend as much money as you would like to at the beginning, you can easily set up a layaway program. Most jewelry stores will allow you to pay in parts over a period of months, so you can make your payments as you can afford them. You can choose from a variety of options, including monthly payments and a one-year layaway program.

Layaway programs work similarly to credit card or loan options, with the exception of interest. When you choose a layaway program, you will typically pay a small down payment and the store will hold the watch until you pay off the rest. The best layaway programs also don’t require a credit check, but you should keep in mind that your payments may not be refundable. Layaway programs are best for people with less than perfect credit and those who don’t mind waiting.


Borro is the leading provider of non-bank loans based on luxury assets, including luxury watches. They recently lowered their interest rate by 20% on new loans, and currently accept over 50 different watch brands as collateral. The loan company evaluates each watch based on its provenance, condition, and rarity. Borro offers a free quote, and approval can be as quick as 48 hours.