In need of some extra cash but do not want to sell your gold, you can obtain a gold loan with CFOG pawnbrokers. We can provide a loan against the value of your gold items.
Gold loan rates along with details of repayment costs are advertised below.
To obtain a gold loan simply visit our pawnbrokers office during business hours, no appointments are required. We weight and test your gold to provide a quote, you accept quote. We will action the gold loan on the spot and pay the value in cash.
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, simply pay the loan value and the current months interest to collect items.
Our business model is similar to a pawn shop. Your credit history does not affect your ability to obtain a loan through us, as we provide a loan secured by your gold items, not personal credit.
Below are CFOG loan amounts and corresponding interest rates.
|Loan Amount||7 Day Loan||14 Day Loan||30+ Day Loan|
For customers who wish to loan over $50,000 bullion value, scroll down for our long-term loan option.
Below are CFOG most common loan amounts and examples of interest payable.
|Loan Amount||Repaid In 7 Days||Repaid In 14 Days||Within / Per 30 Days|
Large amounts of gold and or silver bullion, with total value of the items $50,000 or more, we offer a special interest rate amount with up-to 12 months to repay.
|$50,000 +||2.2% (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.
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:
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.
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.