Learn more, view Vehicle Pawnbrokers‘ Frequently asked Questions guide.
Once all the paperwork is completed, you’ll receive immediate Cash or Bank Transfer.
As we retain your asset, this becomes our security over your loan.
Alternatively we offer various pre-options to obtain your pawn loan faster.
A cash loan that is provided by a Pawnbroker to a borrower which is secured against a vehicle owned and pledged as collateral by the borrower. This vehicle collateral remains with the pawnbroker until the debt is repaid.
Pawn loans are offered against most types of Cars, Boats, Trucks, Motorcycles, Jet Skis, Horse Floats and Caravans.
Generally, within thirty minutes.
Employment or proof of income is not necessary.
We prefer the vehicle asset to be free of finance. However, should this not be the case, please contact us to discuss further.
This is not an issue; you may still pawn the vehicle as long as you can provide evidence you have authorisation from the owner. E.g. Wife, family member or company. Furthermore, we must have the ability to verify this.
To qualify for a vehicle pawn loan, we require photo identification. E.g. Drivers’ Licence, Passport or Certified Proof of Identification Card.
Ultimately, you decide the length of the loan term. The initial contract is set at 3 Months as required by law. However, this can be repaid at any time without any penalty fees incurring. Furthermore, you only repay for the period you have borrowed the money.
Loan interest is calculated and fixed at the time of agreement based on the amount being lent and value of the asset being pawned. Importantly, there are no hidden fees.
Repayment is not necessary until you reclaim your vehicle asset. However, to reduce your debt, You May Repay Periodically At Your Choice.
You need to pay an extension fee, this will allow you extra time that you may need to pay the full and final debt.