January 8, 2010 – Recently, Speedy Cash launched a new website, SpeedyCashGold.com, with the sole purpose of purchasing jewelry and other items that are made primarily with gold and platinum. While offering to purchase precious metals is not a new business strategy, Speedy Cash has set themselves apart from the competition by guaranteeing higher payouts and a faster turnaround time. This model is particularly beneficial to their current Cash Advance loan customers as it gives them the highest payment for their gold on a time scale that allows them to make debt payments before late fees occur.

To calculate payout, SpeedyCashGold.com uses the most current London Fix pricing, the international standard for the value of gold, and then guarantees beating any U.S. based company’s price by 25%. In addition, they pay an extra 5% when a client hosts a SpeedyCashGold.com party. With a minimum of five attendees with individual shipping addresses, each sending their own package to the cash advance loans company, the party host will receive the additional payment amount for all items sent.

To make the process as painless as possible, Speedy Cash provides a free Gold Kit that arrives approximately two to four days after registration on the website. The kit includes a welcome letter detailing the steps necessary to receive cash, and a pre-paid UPS security envelope, insured to $300. Recipients have 12 days to package and ship any items, but are under no obligation to send any product. Depending on the method of payment chosen by the cash advance customer, upon receipt and processing of the package, Speedy Cash Gold will either deposit funds or mail a check that day.

Unlike cash advance loans, customers who opt to sell their gold for cash may change their mind within 12 days of payment by sending a certified cashier’s check, if direct deposit was chosen, or the original un-cashed check and notification of rejection is made by email or phone. After the 12^th day, or upon cashing the payment check, the gold will be melted down, the transaction will be closed, and all items will be considered unrecoverable.

About the Company: Founded in 1998, Speedy Cash started with the primary focus of providing individuals with Cash Advance Loans and check cashing services in as convenient a manner as possible. As the industry grew, Speedy Cash offered new products, such as title loans and pre-paid debit cards, allowing many of their clients to enjoy the benefits provided by traditional financial institutions, regardless of their credit history. After becoming a leader in the Cash Advance Loan industry, Speedy Cash is now breaking into new markets to expand the options available to individuals and families who need assistance due to financial troubles.