Get up to £750 today

Bring your next pay day forward - let us advance you up to £750, then repay us on your next pay day


COMPLETELY CONFIDENTIAL

NO AWKWARD QUESTIONS

100% SECURE ONLINE FORM

100% security unlike with Pawn Shops and Pawn Brokers
Typical APR 1355%; £25 for each £100 borrowed

Pawn Shops and Pawn Brokers

Are you thinking of using your local Pawn Shop? Read this first...

If you need cash quickly then you might be thinking of using pawn shops or pawn brokers to get it. After all, pawn brokers have been around for hundreds of years. But think twice before visiting pawn shops. There is the modern alternative of a payday loan cash advance that is likely to meet your needs more effectively.

The disadvantages of using pawn brokers:

  • You have to leave something valuable (the pawn – e.g. gold, jewellery, watches, etc) as security – these items are also likely to have strong sentimental value. Can you really risk losing them?
  • You will lose your pawned good if you cannot repay the loan and interest costs on time.
  • Pawn shops typically give low valuations for the pawned goods.
  • Pawn shops will not loan more than 25% to 50% of this low valuation.
  • Most pawn brokers will not allow you to repay the loan and interest in instalments.
  • Pawn brokers' lending charges are high even though you have given your property over as security and risk losing it.
  • When you pawn your goods the pawn brokers will give you a pawn-receipt (that proves you own the items you pawned). If you lose your pawn-receipt you will not be able to reclaim your property without considerable difficulty.

Rebecca Shah, for the National Association of Citizens Advice Bureaux, warns against using pawn brokers and pawn shops - 'It is a bad short-term financial solution.'

Pawn Shops include the following national companies:

  • The Money Shop
  • H&T Pawnbrokers (Harvey and Thompson)
  • Cash Generator Ltd
  • Cash Converters Ltd
  • Herbert Brown Pawnbrokers
  • Albermarle & Bond Pawnbrokers Ltd

Instead of pawn shops you need a cash advance / payday loan from QuickSilver. There are significant advantages, as follows:

  • You don't have to visit physical pawn brokers shops – the whole loan process takes place online (100% securely)
  • You get the cash straight to your bank account.
  • No negotiations are required – the charges are fixed (see "what it costs")
  • You don't risk losing your property.
  • Your privacy is guaranteed – no one will know you have used our service (but with Pawn Shops and Pawn Brokers they will)..