Making collateral loans in the Philadelphia area continuously since 1926
Edelman’s has been making collateral loans in the Philadelphia area continuously since 1926. A loan from Edelman’s is a quick and easy way to obtain needed cash. All information is held in strictest confidence, and most loans are processed the same-day as receiving them. We accept most coins, stamps, jewelry, and bullion as collateral for a loan.
Loans are made quickly and confidentially, without inquiry regarding credit or income. You can bring in your collection or just send it by registered mail, Federal Express or UPS. For your convenience, an application form is available on our website. As soon as your collateral is received, it will be carefully appraised by our experts. Our staff is qualified to make a fair evaluation, and their appraisal will be the basis of the loan. If you have any information that would help us in our appraisal, you can enclose copies with your collateral as well. We normally lend about 65% of the collateral's wholesale value. You will continue to retain ownership of your collection while the loan is active.
There is no charge for the appraisal, handling, or storage of your merchandise. There are no hidden fees whatsoever, of any kind. Our interest rate varies, but is typically between 1%-2% per month, depending on the value of the collateral. On small value loans under $2000 the rates could be a maximum of 3% per month. Loans are written on a 4-month basis, with a 90 day grace period, so no interest is needed for 7 months. If you have additional questions please email us at ame5057@gmail.com or call us at 215-572-6480
Nothing is more unpleasant than an unexpected bill or expense. When you don't have the money to cover a charge, we have your back. At Edelman's, you can receive a loan based on some form of collateral. We offer several ways to give us collateral. There are plenty of benefits of seeking a loan with us over a traditional bank. Here's why you should seek us out when you need a loan.
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