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Gold: $3,585.34
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Silver: $40.14
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Platinum: $1,447.87
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Palladium: $1,551.09
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Last Update: 28 Apr 2024 @ 12:10 am
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Phone (03) 8904 8099
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Address Level 1, 2-4 Whitehorse Rd, Blackburn, Victoria 3130
Loan against gold in Melbourne. Secure Gold Loans in Box Hill
Our Box Hill gold pawn shop offers the lowest interest rates on gold loans.
In need of extra cash but do not want to sell your gold, obtain a gold loan with CFOG gold pawnbrokers. We can provide a loan against the value of your gold items.
Gold loan rates and details of repayment costs are listed below.
How to obtain a gold loan with Box Hill pawn shop service.
To obtain a gold loan simply visit our pawnbrokers office during business hours, no appointments are required. We weigh & test your gold to provide a quote. Accept the quote for the gold loan and receive the value in cash on the spot.
We have no fixed term on our loans, to continue your loan for a further 30 days, you simply pay the current months interest for an extension. When you are ready to redeem your items, pay the loan value and the current months interest to collect items.
Gold loans are available to all, regardless of your credit history.
Our business model is similar to a pawn shop. Your credit history does not affect your ability to obtain a loan through CFOG. We provide a loan secured by your gold items, not personal credit.
CFOG Loan Amounts & Interest Rates
Below are our loan amounts and corresponding interest rates.
| Loan Amount | 7 Day Loan | 14 Day Loan | 30+ Day Loan |
|---|---|---|---|
| $200+ | 5% | 6% | 10% |
| $1,000+ | 4% | 5% | 8% |
| $4,000+ | 3.5% | 4% | 7% |
| $7,000+ | 3% | 4% | 6% |
| $10,000+ | 2.5% | 3% | 5% |
| $20,000+ | 1% | 2% | 4% |
| $30,000+ | 1% | 1.5% | 3% |
For customers who wish to loan over $50,000 bullion value, scroll down for our long-term loan option.
CFOG Repayments on Gold Loans
CFOG most common loan amounts and examples of interest payable.
| Loan Amount | Repaid In 7 Days | Repaid In 14 Days | Within / Per 30 Days |
|---|---|---|---|
| $500 | $25 | $30 | $50 |
| $1,000 | $40 | $50 | $80 |
| $4,000 | $140 | $160 | $280 |
| $7,000 | $210 | $280 | $420 |
| $10,000 | $250 | $300 | $500 |
| $20,000 | $200 | $400 | $800 |
| $30,000 | $300 | $450 | $900 |
Long Term Loans for Gold & Silver Bullion
Large amounts of gold and or silver bullion, with total value $50,000 or more, we offer a special interest rate amount with minimum 6 months.
| Minimum Required Loan Amount |
Monthly Interest Rate |
Redemption Period |
|---|---|---|
| $50,000 + | 3% (With interest payments required monthly) | Upto 12 Months |
Our long-term loans require you to repay interest each month.
Call us or visit our Box Hill office today to find out more.
Types of gold and silver items our Box Hill pawn shop loans upon
We accept all gold and silver precious metal items as security for a gold loan, below are example of the most common items people bring in to secured loan:
- Gold Jewellery, Silver Jewellery
- Gold Bullion, Silver Bullion
- Gold Coins, Silver Coins
- Scrap & Damaged Gold & Silver
OPTION 1: VALID PHOTO ID:
One valid type of Photo ID is enough to receive a gold loan from us on the spot, Photo ID is the most common method used by our customers to receive loans upon their gold and silver.
Valid photo ID's we accept are mentioned below:
- Passports (Local or Foreign)
- State Issued Learners Permits
- Proof Of Age ID Cards
- Firearms Licence
- State Issued Drivers Licences
- Tertiary Education Photo ID
OPTION 2: 2 x VALID TEXT ID:
If Photo ID is not available, you can still receive a secured loan from us on your gold and silver items, to do this, you will need to provide two valid types of text based identification.
Valid text based ID options are mentioned below, remember you will need two of these to obtain a loan:
- Birth Certificate (Full or Extract)
- Commonwealth Veterans Affairs Card
- Certificate of Marriage
- Commonwealth Pensioner Concession Card
- Medicare Card
- Commonwealth Health Care Card
- Australian Bank Statement or Utility Bill
To receive a loan against your gold or silver items, visit our Box Hill office today for Gold Loans Melbourne
View our location and parking information hereCash For Old Gold
Suite 4, 2 Whitehorse Road,
Blackburn, Victoria 3130
