Terms and Condition’s

Cash Fast Loans – Car Pawnbrokers & Moneylenders is a licensed New South Wales pawnbroker and second-hand dealer and associated motor dealer (License No’s. 2PS0438101, MD037078) and is subject to state Pawnbrokers & Second-Hand dealers’ Legislation Act 1996. – What is a Pawnbroker? NSW Fair Trading – Consumer Rights & Obligations.
Pawn Broking services and transactions provided by Cash Fast Loans – Car Pawnbrokers & Moneylenders are not subject to the National Credit Act or compulsory EDR membership. The National Credit Act 2009, exempts’ pawn broking as it is not technically credit or a credit service. It is covered by other provisions of the ASIC 2001 Act.

Pledging an Asset (Pawning)

When pledging goods, loans are assessed against your assets value, type and condition. Therefore, each amount is individual resulting in different terms and rates.

Period of Loan as per the New South Wales State pawnbrokers and second-hand dealers’ act 1996

Your pledge contract is generally set at a minimum of 3-months period from date of the goods pawned during this time your asset is stored at our facility. Should you wish to pay out your loan within three months you only pay for the monthly period used. Alternatively, you may extend your loan beyond the 3 months in which case you will be charged a safe keeping.

Payments as per the New South Wales State pawnbrokers and second-hand dealers’ act 1996

Repayments may be monthly or when you collect your asset.

No other hidden charges

Below is how Cash Fast Loans Pawnbrokers may apply their charges on your loan (Loans against white goods and electronic goods)

Monthly loan fee is 4% of the loan amount.

Amount You Borrow Loan Term Monthly Repayment x3 Total Repayment
$200 62 to 90 days*
(can be extended)
$88 $264
$500 62 to 90 days*
(can be extended)
$220 $660
$800 62 to 90 days*
(can be extended)
$352 $1,056
$1,000 62 to 90 days*
(can be extended)
$440 $1,320

 

Maximum Annual Percentage Rate based on the loan terms selected: 48%

Different amounts and terms will result in different comparison rates.

Your loan contracts are generally between 1 to 90 days, however our friendly customer service staff can assist you if you need to extend your loan term or payout your loan earlier and collect your asset, just talk to us on 02 9630 6613 and we will l get back to you.