Pawn My Car offers a service that is transparent, honest and discreet. We offer financial solutions with competitive interest rates and no hidden costs. We take pride in our ability to customise deals, ensuring the best possible solution to suit your needs.
We understand the urgency of your situation which is why we have a fast and simple process to get you where you need to be.
Fixed rates range from 15% to 28% (APR) per month. Loans offered from 1 month with authorized extension up to 4 months. Once off administration fee is charged.
Nett loan amount R120,000
Once off admin fee R1,500
Interest charged 15% R18,000
Total amount payable R139,500
Monthly interest payable to extend loan R18,000
All payments are to be made via EFT or direct deposits into Pawn My Car’s bank account. There are no debit orders. Clients are liable for bank charge for cash deposits.
Loan periods may be extended by authorization and subject to the receipt of the monthly interest payment by the due date.
Non-payment will result in the ownership of the borrower’s pledged asset being transferred to the lender with no further impact on the borrower (including fees and credit bureaux).