How Pawning Works to Get Fast Cash
Need a quick cash loan?
Easy and fast cash! We offer a quick, convenient and confidential way for you to borrow money and we do it without a credit check and Employment verification!
Bring your goods
Bring your items to us, and tell us whether you want to sell it or get a loan on it.
Provide some Photo ID's
We require 1 form of Government issued Photo ID such as a Valid NZ Passport or Valid NZ Drivers License.
Agree on loan amount
We will negotiate a cash loan price that you are happy with and all transactions are stricly confidential.
Sign the pawn agreement form and pawn ticket. Be sure to keep the pawn ticket in a safe place, since you may need it to prove ownership and to claim your property back.
Get your money
You are now on your way with a little extra cash!
Within a certain contractual period of time, the pawner of an item may purchase it back for the amount of the loan plus some agreed upon fee after they have received their payday and no longer need the cash advance. If the time elapses without payment and the pawned still needs the fast cash and cannot return it the pawnbroker is allowed to sell the pledged item to recoup the amount of his loan. Pawnbrokers often have a large number of formerly pawned objects for sale at their place of business, called a pawnshop, whereby they may recoup money that had been loaned out on an item subsequently forfeited by a pawn customer.
When an item is pawned the pawn broker will typically loan out however much money the customer needs, provided that it does not exceed the value of the item being pawned. Of course no pawnbroker is going to loan more than the value of an item being pledged and in most all cases it will be a fraction of the value. This is so the pawnbroker can make money on the item if they have to resell the item if the customer doesn't come back for it.
A more than acceptable reason for pawnbroker to make a profit on the item pledged and forfeited by the person waiting for payday and in need of a cash advance is that the pawnbroker has to hold the item for up to 4 months. Usually 30 days plus a grace period of which can be as long as 90 more days. If it's an electronic item that drops in value as new & improved ones come out or even something like gold that changes in value daily based on market prices, they have to make sure that they can recover their costs associated with loaning out the fast cash. This includes everything from operational costs to the cost of time and money lent.
Need Quick Cash?
We now do PayDay loans!
Blenheim Road Store only
Instant Quick Cash Loans From $50-$1000 No Credit Checks!!!
Is your income paid into your bank account weekly, fortnightly or monthly?
Yes? Then you could qualify for an Approved Finance PayDay Loan!
Circumstances are part of real life and they do happen, here at Approved Finance inside Dollar Dealers, we understand that not every day is the same. This is where we can step in to help with those unexpected costs that arise.
An Approved Finance PayDay loan is a short term loan designed to meet your needs and is paid back in a short time frame - generally within a month.
The exciting thing about a PayDay loan, is that if you qualify you leave there and then with the cash!!
What do I need?
- Come into our store at 396 Blenheim Road with the following;
- Photo ID - Passport, Drivers Licence, 18+ Card (these must be valid).
- Bank Statements - Last 3 months of bank statements to show your income (wages or benefit) being electronically deposited into your bank account. We have internet access in our store if you need to print out your bank statements, we are happy for you to use our facilities.
- Contact Details - The name and number of three friends or family who can verify who you are.
If you don't have all the above criteria, please call us to discuss what information you do have, alternatively come in store and see one of our friendly staff as we may still be able to help.
How much can I borrow?
PayDay Loans range from between $50 - $1000. At Approved Finance we have a duty of care, which is responsible lending. We take time and care to tailor each personal PayDay loan to suit our customers needs and repayment ability.
Please feel free to contact us to discuss your very own personal PayDay loan today!
Approved Finance inside The Pawn Shop Blenheim Road
0800 8 FINANCE
0800 8 34626
Mon – Fri - 8.30am to 5.30pm
Sat - 9am to 5pm
Sun - 10am to 5pm
Public Holiday’s - 10am to 4pm
Thank you, your message has been sent and we will be in touch shortly.
Cash for Gold
We buy scrap gold, unwanted and broken jewellery. Instant cash with no hassle!
Need a Loan?
Need cash? Credit Cards maxed? Enquire online or visit us in store, we loan from $20-$100,000
Our Retail Stores
Come in and see what we have to offer, we sell everything from power tools, tyres and speakers, art, couture, Louis Vuitton & much much more