Many families pledge gold for a loan and then find it hard to close the loan in one go. Interest keeps adding up while the gold stays with the lender. A pledge release can help.
How it works
- You share the lender's name, the loan amount and the interest due.
- We estimate the value of your gold and lock today's rate.
- You sign a simple term sheet that shows exactly how the balance is worked out.
- Our representative goes with you and pays the lender.
- The released gold is tested in front of you.
- We pay you the balance — the gold value minus the loan we paid — straight to your bank.
When it makes sense
- When the interest is growing faster than you can repay.
- When you want to use the value of your gold without waiting.
- When you would rather sell the gold than renew the loan.
When it may not
If the loan is higher than the value of the gold, a release may not leave any balance for you. We will tell you this honestly before anything is done.
Use the pledge release calculator for an estimate, or talk to our team.