A pawn loan is an easy way to borrow money fast without undergoing any credit check hassles. In simple terms, a pawn loan is not based on your salary or credit rating rather they are based on the value of your collateral.
Any individual, who has attained the age of 18 years and can produce identity proof and ownership papers of the collateral can apply for a pawn loan.
To qualify for a same day pawn loan, you need to provide your photo identification and asset ownership or registration papers.
We approve pawn loans against most types of automobiles and machinery that include car, motorcycle, boat, truck, van, Ute, Jet Ski, caravan, semitrailer, ride on mower, tractor or bobcat etc.
You can borrow a loan amount starting from $500 up to $70,000. However, it is recommended to visit us along with your asset, so that we can evaluate your asset’s value as well as discuss with you about your requirement and offer a suitable loan.
No, that is not a requirement. Whether you’re employed or unemployed is neither a condition for you to acquire a pawn loan.
Well, we’ll consider most of the vehicle make/ year including family car, sports car, hot rod and more.
Yes, we do facilitate pawn loans against interstate vehicles.
Yes, we do facilitate pawn loans against unregistered vehicles.
Yes, we prefer there isn’t any finance owing to the bank or financial institution. However, if there is a minimal amount still owing, please do contact us and we will look into it and try to provide you with a solution.
In most of the cases, this will not be a problem.
Yes, you are eligible for a pawn loan regardless of your financial state like bad debt, bankruptcy, unemployment etc. We do not perform any background checks or credit checks (e.g. pay slips, bank statements etc.) to approve pawn loans.
Normally, we process the pawn loan within thirty minutes or less. It’s that fast and easy to get a pawn loan.
The interest will depend on the asset’s value. However, interest is set at the time of getting into the contract. Normally, interest is set on a monthly basis and do not change. Besides, there are no hidden fees of any kind.
Typically, a loan term varies depending on borrower’s requirements. Normally, a loan term is allowed up to three months duration. However, if you want, you can prolong the loan term beyond three months.
Yes, your tax on the loan is deductible.
No! In fact, good credit or bad credit neither is a precondition for applying for a pawn loan. Moreover, we do not carry out credit or background checks of any kind to approve pawn loans.
You can select either pay as you go plan or option to repay at the time of loan’s expiry – choose the repayment method that is most convenient to you.