Pawn Loan
A pawn loan is basically a loan that is given to individuals who is need of fast cash with items of personal property being used as a collateral. The biggest benefit to get this loan approved is that you only need a copy of your IC and the valuables which will be used as a collateral. You do not have to worry about your current credit or income status as the loan will be solely based on the value of your valuables.
How Does It Work?
- Firstly, the borrower will call or whatsapp the shop to enquire on the value of the item to be pawned or to check whether the item can be pawned
- The valuables which are normally accepted by the pawn shop are watches, jewellery, gold and branded handbags
- The item is then valued based on the condition, current market value and age. These items have a certain value in them which can be used by the borrower as a form of collateral for them to get fast cash
- Then a loan amount will be given by the specialist and the borrower would have to agree or disagree to the amount offered
- Once agreed, the agent of the store will hand you the cash after an agreement is signed
Our Service Highlights
- Loan is disbursed on the spot, if you accept the amount offered by the pawn shop
- Process of evaluating your valuables by our specialist is fast
- Approval process is fast upon checks by our pawn experts
- No upfront fees are needed to access your qualification
- Minimal documents needed to verify your repayment ability
- If you want to do early redemption, then flexible tenure is available.
Where Are We Located?
We operate in KL mainly in Setapak, Cheras, Bukit Bintang, KLCC, Kepong, Bangsar, KL Sentral and Putrajaya. Meanwhile in Selangor, we cover Petaling Jaya, Rawang, Klang, Semenyih, Ampang, Gombak, Puchong, Subang, Cyberjaya and Shah Alam.
Conclusion
If you are financially tied and in need of some fast cash, do give us a call. We are a licensed money lender who can loan you instant cash in exchange of your valuables. We do provide other loans services such as personal and SME loans if you do not qualify of the pawn loan.