A Gold Coast pawn shop can provide quick loans against items you own. The item you bring in will be valued and assessed for cash, then if approved, you will have a loan against the item which will need to be repaid to receive the item back.
You need to be licensed in Australia to not only operate legally as a pawnbroker, but to operate a pawn shop.
Not all pawn shops will accept the same items, so it’s best to look around to make sure you can loan against the items you have.
How does pawning an item in Queensland work?
At Hock & Go Gold Coast we can loan against several items. How our process works starts off with bringing in your items of value to one of our stores, along with your Photo ID.
We’ll assess the value of your items and confirm if and how much we can loan to you – no hassle, no credit checks! We then process the loan, and you walk out with cash within minutes.
Remember we’ve got your back, so don’t be shy if you have something a little different or unique, as we are open to assessing any item you bring in as potential security against your loan.
Note: Due to the size and storage potential of our stores, we generally don’t loan on bulky goods such as Lawn Mowers, Whipper Snippers, Bikes, Motorbikes, Outdoor Equipment and Oversize Tools.
Traditional cash loans can take longer, usually involves credit checks and a lengthy application process. A Gold Coast Pawn Shop loan is quicker and more hassle free with the peace of mind that your item will be returned once the loan is repaid. This option is also great if you don’t want to completely sell an item and regret parting ways if you’re needing a quick cash loan.
Interest rates: Before even agreeing to the loan, make sure you’re able to pay back the loan plus the interest. Like any loan you should always read the terms and conditions and be fully aware of your obligations in repayments.
Clarifying the loan period: Make sure you understand the period length of your pawn loan and when it needs to be paid back in full. Don’t make the mistake of noting down a wrong date or overestimating how much you can realistically pay back in a certain time frame.
You’ve read all the risks involved and you’re confident in your decision. Next you pick the item you want to pawn at Hock & Go, we assess the value and we come to a loan agreement. We charge interest weekly, giving you more flexibility and we will beat any competitors’ rate.
Hock & Go are based at 20 Siganto Drive Helensvale QLD 4212 and are open from 9am to 5pm weekdays, 9am to 4pm Saturday and 9am to 3pm Sunday.
