Usually lenders ask for cars or homes as collateral, but in Hong Kong Yes Lady Finance co. accepts exclusive handbags as collateral for cash loans.
As long as the bag is from either Gucci, Louis Vuitton, Chanel, Hèrmes or Prada, Yes Lady company will process your bag within 30 minutes and provide you with 80% of the bags value.
So if your cash is tied up in fixed term accounts, shares or maybe even invested in all the clothes that fills up your closet, all you gotta do is to hand in your beloved luxury handbags at Yes Lady co.
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Author Catrine Nomi