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Handy tips

Benefits of pawn shops

Pawnbrokers do simple buying and selling of items, as well as short-term, hassle-free loans. We’ve gathered some reasons you might like to visit your local pawn shop.

  • Selling an item off of eBay or Gumtree can be a pain. You’d have to fill out descriptions and send off postage. Taking your item down to the closest pawn store is a fast and easy way to divest yourself from unwanted jewellery, games and other items.
  • They are lenders of last resort. If you can’t access other credit, a simple way to get money is to offer collateral at a pawnbroker near you, who will loan you cash against your item.
  • Pawning doesn’t affect your credit rating, even if you can’t pay back your loan.
  • You might find a variety of cool and fun items that you might not be able to get anywhere else. Australian pawnbrokers are heavily regulated and have to report all their transactions by law. Despite the largely undeserved stigma, you won’t find any stolen items at a pawn shop.

With this in mind, keep searching our directory to find a pawn shop that can get you your loan.