If you’re considering a loan on your Rolex, get the repayment terms in writing...

https://www.unitedbookmarkings.win/if-you-re-in-san-diego-and-weighing-a-rolex-loan-read-the-payoff-and-storage

If you’re considering a loan on your Rolex, get the repayment terms in writing before handing it over. For example, $275 a month in interest on a $10,000 loan adds up to $3,300 over a year, before you repay the principal