In need of extra cash but do not want to sell your gold or watch, obtain a gold loan with CFOG gold pawnbrokers.
We can provide a loan against the value of your gold items. You can Pawn Gold Jewellery, Gold bullion or pawn Gold Watches for fast cash at Melbourne's lowest interest rate.
Gold loan rates and details of repayment costs are listed in the table below.
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. You can also pawn a luxury watch with ease from CFOG.
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 for another 30 days. When you are ready to redeem your items, pay the loan value and the current months interest to collect your items.
When you pawn gold jewellery, gold bullion or pawn luxury watch 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 watch or gold items, not personal credit.
For more information, see details of our rates and repayments below:
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+ | 1.5% | 2.5% | 4% |
$30,000+ | 1.5% | 2% | 3% |
For customers who wish to loan over $50,000 bullion value, scroll down for our long-term loan option.
Need Time To Repay?All gold loans are pledged for a 30-day term. To extend your loan for an additional 30 days, simply deposit the monthly interest into our bank account—no further action is required.
To pawn your gold items or learn more about our loan services, give us a call or visit us in-store today.
Drop into our Box Hill store, and after a quick assessment of your gold items by our consultant, you'll receive your pawn loan in no time.
Loan declined by the bank? No worries! We offer loans to anyone based on the value of their gold or silver items.
You'll find that our Melbourne gold buyers can offer you almost twice as much as other pawn shops in the city.
We offer the highest possible payouts by using cutting-edge XRF technology to precisely evaluate your gold and silver items.
To extend your loan for another 30 days, simply pay the interest due for the current month. No need to inform us, your loan will be automatically renewed for an additional 30 days.
Ready to take out a loan? Visit our "Contact Us" page below for our address and phone number.
Our Office Location DetailsWe accept basically all precious metal items for loans, below is an example of the most common items people use to receive a gold loan from us:
If you have any precious metal items which are not mentioned above, please contact us to find out if we can secure a loan against by calling
(03) 8904 8099CFOG 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 | $150 |
$1,000 | $40 | $50 | $240 |
$4,000 | $140 | $160 | $840 |
$7,000 | $210 | $280 | $1,260 |
$10,000 | $250 | $300 | $1,500 |
$20,000 | $300 | $500 | $2,400 |
$30,000 | $450 | $600 | $2,700 |
The total interest payable will be clearly displayed on your loan ticket when you take out a gold loan through our Melbourne pawn shop service.
One valid photo ID is satisfactory to receive a gold loan from us immediately, this is the most common method our customers choose to receive loans upon their gold and silver items.
If you do not have any photo ID mentioned above, you can still receive a loan on your gold & silver by providing us with two types of valid text based identification.
Valid text based ID is mentioned below, remember you will need two of these to obtain a loan:
1. Minimum loan term 1 week, maximum loan term unlimited. 2. APR = 36% 3. If you borrow $10,000 you must payback $16,000 after 1 year