Pawn loan
Of course there are also people for whom the pawnshop is an important part of their housekeeping. Especially on the holidays, pawn shops with instant loans enable small and large wishes with no red tape. You receive instant cash without revealing your situation to an institution. Perhaps the most important advantage compared to a bank credit are short terms and small, manageable fees. Your life remains your life and is not tied to a financial institution for years. Confidential, fast and unbureaucratic.
Pawn shop – more than just the „little man's bank“
Pawn shop – more than just the „little man's bank“ In 1462 the first pawnshop opened in Italy. 300 years later the Royal Lending Office opened in Berlin. And more than 100 years ago the Goebel family founded their pawn shop. The pawnshop was and is a permanent social institution in the Orient and Turkey. Here you don't necessarily go to a bank to get a credit. Weddings and other events are often realized through pawn loans. In our country, visits to a pawnshop are often negatively associated. But many different people visit the pawn shops. Self-employed, housewives, freelancers and everyone who does not want to debit their account with a short loan. In this way, the account remains “clean” if you need a Schufa information.
What is pawn?
You can get a loan on everything that has a value for other people. Coins, jewelry in gold, silver and platinum. Electronics like cameras, computer, smartphones, bicycles and musical instruments.
Costs of a pawn loan?
If your credit is between 1€ and 300€ the amount consists of a 1% interest rate and a graded reimbursement of costs. From the 301€ on the interest rate is still 1% but the reimbursement of costs is about 2.5% .
After what time my pawn expires?
Your loan agreement runs for a 90 days period. If this period runs out, we wait another 30 days. After this time a pawn can be selled by auction.
