FREQUENTLY ASKED QUESTIONS
1. WHAT KIND OF ASSETS YOU’RE WILLING TO LEND AGAINST?
We will lend against most kinds of Jewellery, Gold Rings, Bracelets, Necklaces and Earrings Precious Metals, Platinum, and Diamonds.
We will lend against major brand watches like Rolex, Cartier, Tag Heuer, Omega, AP & etc.
We will lend against a vehicle, boat, trailer, motorbike and property.
We will lend against computers, electronic devices, sound system, gaming console, personal mobile device, tablet & etc.
We will lend against degisner bags, shoes & clothings such as Chanel, Louis Vuitton, Cartier, Christian Dior, Gucci & etc.
2. IS THERE A MAXIMUM OR MINIMUM LOAN PERIOD?
Our loans are three months duration with no early repayment penalty. You only have to repay the loan amount plus the interest due at the time you redeem your loan.
3. CAN I EXTEND MY LOAN?
Yes, you can apply for an extension, you will need to pay any outstanding interest that’s due at the time of the extension.
4. HOW MUCH CAN I BORROW?
We’ll lend from $1.00 to $500,000. Our maximum loan-to-value can be 70% of our estimate of the market value of your asset, and depending on the asset can be as low as 30%.
5. WHEN AND HOW WILL I RECEIVE MY CASH?
If you accept our valuation of your asset & loan offer, we can provide your funds straight away. We can either pay you cash or we can transfer funds into your bank account, whichever suits. The whole process should take less than 15 minutes.
6. DOES THE PAWNBROKER CONDUCT CREDIT CHECKS?
No. Once we have made an loan offer, all we legally require is Photo ID, there are NO credit checks and borrowing from us will not appear on any credit check agency or affect your credit rating.
7. WHAT DOES AN APPOINTMENT AT THE PAWNBROKER INVOLVE?
Confidentiality and Discretion are the more important part of our business and we are very sensitive to the fact that our clients often do not want their financial arrangements to be public knowledge.
So you can make a “private and confidential” appointment to meet with us in our offices by appintment, Monday – Sunday 12AM to 12PM (your item will be receiving an appraisal and valuation).
For those who don’t want to visit our premises or very busy, or for whatever reason it is impractical to do so, we may be able to travel to you. We can meet at your home or office to discuss your requirements and can bring paperwork with us in instances where we have agreed on a loan amount in advance.
It is always best to make an appointment in advance.
8. WHERE WILL MY ASSETS BE STORED?
Watches, jewellery, gold and all other small valuables are stored in one of our safe. Cars and boats are stored in our secure warehouse with 24 hour surveillance cameras with monitored alarm. You can be assured that your items are secure. (* it is always recommended to keep your car or contents insurance valid while we are keeping your items).
9. WHAT MAKES US DIFFERENT?
Probably we are the only 1 pawnbroker in NZ works 24/7, 365 days by appointment. Most pawnshops you see on the street usually offer loans upto $500, in some cases upto $2,000, no matter how valuable is the asset you brought in. We loan from 30% upto 70% of market value of your asset. Our loan amount is capped at $500,000 but even that can be adjusted for suitable asset & valuation.
10. BEST WAY FOR PAWNING YOUR VALUABLE ASSETS WITH US
The fastest and most efficient way to pawn is to send us an email or text with the details of your assets to pawn. We would like to hear as much details as possible for an accurate valuation. Value of item can dramatically vary by many factors. In most cases, we would like to see original purchase receipt or proof of ownership, current condition. For cars – we need plate number, current mileage, brief description of condition with photos.
Send us brief description with photos through contact us link on our website, trademe, facebook, direct email or text message and we will reply with how much we can lend asap.