Pawn Loans Across South Africa

How to access pawn loans against vehicles in South Africa

We make it possible to access cash quickly without credit checks and lengthy loan application forms. With offices in many of the main centres, we are able to offer pawn loans in various locations in South Africa.

Pawn loans across South Africa

We have branch offices in the following places:

  • Pretoria East
  • Pretoria North
  • Witbank
  • Boksburg
  • Rivonia (Sandton)
  • Pinelands (Cape Town)

Whether you are located in Mpumalanga, Gauteng, or the Western Cape, you can make use of our pawn loans in South Africa.

What sets us apart from other short-term lenders?

You provide an asset as collateral for the amount that you want to borrow. You can borrow up to R250 000, depending on the vehicle’s assessed value. We do not need to conduct a credit check, and if you are unable to pay back the amount, the vehicle is sold. It does not affect your credit score.

As with any pawn transaction, the asset is safely stored because it is the security for the amount borrowed. We insure the asset while it is in our storage facility and you can also insure it. The storage facility is secure with camera surveillance and electric perimeter fencing. Once the amount has been paid back, we return the vehicle to you in the exact order that we received it.

What makes us different from banks?

If you apply for an overdraft, personal, or business loan from a bank, you normally need proof of income in the form of salary slips and/or bank statements. It is exceptionally difficult for freelance contractors and self-employed people to get loans from banks because they do not have the security of monthly salaries.

In addition, banks perform extensive credit and background checks. It is almost as if the consumer must be able to prove that they do not need the money before they can borrow from the bank.

Because of the red tape involved, the application process at a bank can be complex and lengthy. The bank may even call your employer to confirm that you are employed.

However, when you make use of our services as available in South Africa, we do not perform credit or background checks. You do not need proof of income, and we certainly will not call your employer. The process is quick because you do not need to complete lengthy forms.

You only need:

  • Identity document or passport.
  • Valid driver’s licence.
  • Original vehicle registration papers.

If the vehicle is registered in your business’ name, you need:

  • Identity documents of all the directors.
  • Original vehicle registration papers.
  • Company registration papers.

How the process works

We assess the vehicle’s value at one of our 6 branches and propose the loan amount. If you accept and the required documents have been submitted, we pay the money via EFT into your bank account. This is done immediately after approval. The entire application process can be completed within 30 minutes.

Do you need money fast?

If so, do not delay. Make use of our secure and fast services for loans in South Africa. SMS “PAWN CAR” to 41235 or complete the online application form and we will call you.

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