Loans Against Watches: A Practical Guide to Unlocking Cash with Luxury Timepieces
What Is a Loan Against a Watch? A loan against a watch is a type of secured loan where the borrower pledges a luxury watch as collateral to secure financing. In this arrangement, the value of the watch determines the loan amount that can be borrowed. Typically, the loan-to-value (LTV) ratio ranges from 40% to
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