If you need money quickly for an emergency or unplanned for expense, you may be thinking about taking out a jewelry collateral loan. A company will hold your jewelry in exchange for the loan. When you pay the loan back, in full, you will receive your jewelry back. If you fail to do so, the company will sell your jewelry to recoup their loan to you. If you have never taken out this type of loan before, you may have many questions about the process and whether it is ideal for you.