Benefits of pawning your items

Getting a loan against your items for cash can have several benefits. Here are some potential advantages:

Immediate access to cash

This loan allows you to quickly convert your valuable items into cash. This can be especially beneficial in emergency situations when you need funds urgently.

No credit checks

Our Cash Advance loan, which is a pawn transaction, doesn’t involve credit checks. The value of the loan is based on the assessed value of the items you provide (the item being loaned against), making it accessible to individuals with less-than-perfect credit.

No impact on credit score

Our Cash Advance loan does not impact your credit score and does not get listed at Credit Bureaus.

Preservation of ownership

When you take a loan against an item, you’re using the item as collateral for a loan. If you repay the loan within the agreed-upon period, you retain ownership of your item.

No legal consequences for non-repayment

If you’re unable to repay the Cash Advance loan, there are generally no legal consequences or negative impact on your credit. The store will keep the item you pawned, and you can walk away without further financial obligations.

Diverse accepted items

At Cash Converters, we accept a wide range of items as collateral, including jewellery, electronics, musical instruments, and more. This flexibility allows you to leverage various assets for short-term financial assistance.

Confidential transactions

The process of pawning an item is straightforward and confidential.

If you would like to get a Cash Advance loan, click here to visit your nearest store.

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