What is Pawnbroking?2022-11-08T19:56:57+00:00

Pawnbroking is a short-term loan secured against items of value. There are no credit checks and anybody over the age of 18 years can be approved for a pawnbroking loan.
Your asset(s) are left with us in return for an instant cash loan for a period of 7 months. There are no legal liabilities if the loan is not repaid. The amount of loan is dependent on the value of the asset(s) provided as security.

Is Pawnbroking regulated?2022-11-08T19:57:05+00:00

We are members of the National Association of Pawnbrokers (NPA) and we are fully governed by the Financial Conduct Authority (FCA). We have a legal obligation to abide by all regulations in place.

Do I need to prove who I am and where I live?2022-11-08T19:57:16+00:00

Yes, you must:

  1. be 18 years of age or older.
  2. reside in the UK.
  3. bring documentation to confirm your photographic identity, such as a valid passport or UK driving licence with photo.
  4. provide an original copy of proof of address that is dated within the last three months, such as a utility bill, tenancy agreement, bank or building society statement.
How much can I borrow against a pledge?2022-11-08T19:57:34+00:00

This is dependent on the value of the asset(s) you leave with us as security for your loan.  For more information please contact us.

Can I make early or partial repayments?2022-11-08T19:57:47+00:00

Yes, you can make partial or full payment at any point during your agreement which will reduce the total interest charged.  Enquire instore for full terms and conditions.

How do I redeem my pledge?2022-11-08T19:58:00+00:00

You need to bring the pledge agreement with you when you repay the money owed including any accrued interest, to the branch where you made the pledge.  We will then return the pledged asset to you.

What if I am struggling to make my current payments?2022-11-08T20:03:13+00:00

It is important that you let us know if you are having any difficulty paying your loan.  We are here to help you.  We understand life is not always straightforward so please visit our dedicated page Struggling to repay your pawnbroking loan? for more information.