A pawn loan is another name for a collateral loan. This is when money is lent in exchange for items of value, with the loan amount based on that item’s value. The item is returned when the loan is paid-off or can be surrendered as payment in full.

If you’re unable to pay back your pawn loan in full on its due date, you can get an extension. With an extension, you are required to pay a portion of the interest owed. Then you may extend the length of your pawn loan for as many days as allowed by Nigerian law, usually 30.

We buy items and make collateral loans to give you extra cash. We then sell items for their value.

If you’re unable to pay back your pawn loan in full on its due date, you may be able to get a renewal. With a renewal, you pay the interest that has accrued on your pawn loan in full, and a new pawn loan is written. The principal pawn loan amount remains the same, as does the interest rate, but the due date is reset for the full loan terms

We determine the value of each item based on specific characteristics. Price is not negotiable.

Not in normal circumstances. Your information is kept private.