Frequently Asked Questions

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Frequently Asked Questions - Pawn a Car

For everything you need to know about vehicle pawn loans view Pawn a Cars Frequently Asked Questions (FAQs) regarding Vehicle Pawn Loans.

Leading Vehicle Pawnbroker

We have qualified us as a leading Sydney vehicle pawnbroking business. Operating from our North Parramatta location, we provide a relatively simple way of raising money fast when needed. Should you own a car, motorcycle, boat or truck? Then you have the ability to borrow money against your assets value.

Our Frequently Asked Questions (FAQs) may help you understand our business. We are a business you can trust; our service is unrivalled in the industry because we believe in building a relationship with you first.

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Frequently Asked Questions regarding Vehicle Pawn Loans.

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What are Vehicle Pawn loans?

Loans advanced based on the value of a vehicle or similar asset which is pledged as loan security and retained by Pawn a Car for the loan term.

What assets are pawned and money lent against?

Pawn loans are available against all vehicle types including cars, motorcycles, trucks and also watercraft and jet skis.

How fast are loans settled?

Loans are processed in minutes and funds provided immediately.

Does one need to be employed?

There is no requirement to be employed when pawning a vehicle or similar asset.

There is money owing on my asset can Pawn a Car help?

We prefer the asset to have nil finance owing, however we suggest contacting Pawn a Car to discuss the circumstances.

Can Pawn a Car help should ownership papers are in another name?

In most cases, this is not a problem we can generally work around this.

What documents are required?

Three forms of identification including one photo plus vehicle / asset ownership papers.

How long is the loan term?

Contracts are set at three-Months. However, borrowers decide. It is like renting money, you only pay for the period you have borrowed the money. Importantly, borrowers may redeem their asset any time during that period.

Is there loan interest charge?

Interest if any is charged based on the amount borrowed and calculated daily. All terms are set at the time of the agreement and interest will be negotiated and fixed.

How are payments made?

When the asset is redeemed or Pay As You Go process. Ultimately it’s the borrowers choice.

I can’t afford to pay part of the loan due?

Monthly loan extensions may be paid without re-paying any of the principal borrowed.

Should the loan not be paid what is the result?

This will result in the asset being sold, the balance if any may be refunded to the borrower.

Licensing?

As a licensed New South Wales Pawnbroker we operate within the state complying with all laws relating to the pawnbroker industry.

Fast Cash Loan in Sydney

Pawn your Car, Motorcycle or Boat for Cash in Hand