Ang Modernong Sanglaan ng Pinoy
|Min amount||Max amount||Min terms||Max terms||Rate|
|100000 PHP||PHP||120||365||0.15% per day|
2. Time to review
3. Other conditions
Example of calculating interest and loan payments
|TERM||10 days||20 days||30 days|
|LOAN AMOUNT||10000 PHP||10000 PHP||10000 PHP|
|INTEREST AMOUNT||1500 PHP||3000 PHP||4500 PHP|
|TOTAL REPAYMENT||11500 PHP||13000 PHP||14500 PHP|
PawnHero is the first online pawnshop in the Philippines and is leading the modernization of the pawnbroking industry in the country. PawnHero’s mission is to provide the most convenient and reliable financial service to all Filipinos in need of quick cash loans.
Through the use of advanced technology, PawnHero is able to provide instant cash loans to its customers in a hassle-free and discreet manner. PawnHero is the pawnshop that goes to your homes which eliminates the need for people to go out into the streets in search of ways to turn their valuables into cash.
How to get a loan in PawnHero?
Don’t worry, it’s easy to make instant money with PawnHero. You just need to follow these 3 simple steps to get a loan.
- Click the “Pawn now” button and select the item you want to pledge.
- Schedule your item pick-up. Our trusted Accountant will go to your address to provide your free personal loan kit.
- In just a few hours, you can use the free cash card to withdraw to the nearest ATM.
Instant cash is safe and secure
All PawnHero customers enjoy the free insurance coverage provided by Pioneer Insurance Corporation. This means that all the items you trust us are fully insured so no need to worry!
The PawnHero warehouse is 100% safe and secure with 24/7 security personnel and advanced security protocols such as CCTV and emergency alarm systems.
How to get your in PawnHero
All PawnHero customers will have the option to avail of free cash card (to be released in 2018). This will be reflected in your Personal Loan Kit provided by the trusted PawnTrooper upon pick-up of your item. Here we will deposit your money for easy withdrawal at the nearest BancNet ATM.
You can also choose our other cashout method such as direct bank deposit (to any bank) or thru Coins.ph.
How to pay your loan
1. Loan Redemption
Your loan can be repaid at any time on or before the maturity date. Just choose the payment option that is easiest for you.
- Cash Payment Over-the-Counter
- Online Bank Payment
- 7-Eleven (7 Connect Service)
2. Loan Renewal
If the full amount is not ready to pay, you can apply for a loan renewal. This means that your loan duration will be extended. Only the interest amount due. Loan renewal and loan redemption are just the same process.
Appraisal value and interest rates
It is possible to get an initial appraisal value higher than the final appraisal value received after physical inspection of your item. To ensure that the highest appraisal value is always received, make sure you choose the correct description of your item.
The PawnHero interest rate starts at a low of 2.99% monthly. But it can change based on these factors: item condition, age, and category. It is possible to get a higher interest rate if you have your electronics or gadgets in place because its value can quickly depreciate.
Other fees and charges
- Pick and and delivery of loan collateral: FREE
- Insurance coverage in transit: FREE
- Insurance coverage while in storage:FREE
- Storage fee: FREE
- Cash Card fee: FREE
HOW IT WORKS
1. Fill in the form
2. Wait 20 minutes
3. Get money
- Address: W Global Center, 7th Floor, corner, 30th St, Taguig, Metro Manila
- Phone: +639992222274
- Email: [email protected]