Pawnbroking - Borrow money online with collateral
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Pawnbroking online - quick cash with a good feeling
The main difference between our smart pawn shop and conventional pawn shops is that you can get instant offers online. So you know in advance how much money you can get for your collateral.
Our team is there for you every day online and at four locations in Germany. We offer:
Online instant offers on 60,000 items & cars.
Instant payout. Smart and easy.
No hidden costs. Always have an overview.
Shipping & 4 stores in Germany
Cash, bank transfer, PayPal
WHAT IS A PAWN LOAN?
In a pawnshop, you use collateral as security to borrow money - you take out what is known as a loan in kind. Apart from your item, all you need is an ID that confirms you are of legal age. CASHY pays out the money in cash or by transferring it to your PayPal or bank account.
Example: Deposit your smartphone with CASHY and receive CASHY or a bank transfer immediately in exchange. At the end of the term, you can extend or reduce your pawn loan or redeem your device by paying back the total amount.
WHAT REQUIREMENTS DO I HAVE TO FULFILL? WHAT DOCUMENTS DO I NEED?
The advantage of a pawnbroker is that the only requirement is that you must be of legal age and have collateral. Your financial situation is completely irrelevant because it does not play a role in your pawn loan. So it doesn't matter if you're unemployed, in debt or have a large deficit in your account, because with CASHY you can borrow money anonymously from a financial perspective. All you need to take out a pawn loan is collateral you own and an official photo ID.
HOW EXACTLY DOES PAWNBROKING WORK?
At a pawnshop, you can borrow money using your collateral as security. The pawn shop has sufficient collateral with your item so that no lengthy checks or other requirements are necessary. From electronics to designer bags to luxury watches and much more, you can use cashy.de to get a pawn loan. These are the steps you need to take to pawn your collateral:
With CASHY, you will immediately receive a payout amount including an overview of fees when you enter your item. Use the form for individual requests and receive a response with your personal offer within a very short time on working days.
You can send your item to CASHY or visit the store in person - whichever you prefer.
You will receive your pay out in the store immediately in cash or by bank transfer. For shipping, you can choose between PayPal or bank transfer.
At the end of the term, you can simply extend, reduce or settle your pawn loan in your account. Your collateral will be returned to you in the same way as you handed it over to CASHY.
HOW MUCH MONEY DO I GET?
The amount of your pawn loan is based on the current market value of your collateral - so you will always be paid the highest possible retailer purchase price.
Will I receive my money immediately in cash?
Yes, that is possible. If you visit the pawnshop in person, you can have your pawn loan paid out immediately in cash. Without any bureaucratic hurdles or further waiting times. A PayPal or bank transfer is also possible with CASHY. With this option, you will usually have your money in your PayPal or bank account no later than 24 hours after handing over your item.
WHAT HAPPENS IF I CANNOT REPAY THE PAWN LOAN?
In this case, your item will be put up for public auction. During a grace period of 4 weeks, you have the opportunity to redeem your item after all and can even bid for it yourself afterwards. If your item still has to be auctioned, CASHY will transfer the surplus immediately after deducting the fees. If your collateral brings in less money than you borrowed for it, you still don't have to pay anything extra. So you are always on the safe side.
WHAT SERVICES DOES A PAWNSHOP LIKE CASHY OFFER? WHAT SECURITY DO I HAVE?
CASHY is a safe and reputable lender. As a pawn shop with digital valuation software, we also offer you anonymous instant offers in real time and scored highly in an independent study with our fair fees.
Your item will be stored in our video-monitored warehouse insured for twice its value during your term and is completely safe there.
Depending on your location, we are available for you on site from Monday to Saturday, but you can also conveniently process your pawn loan via smartphone. In your account, you can not only view your charges, but also extend, reduce or repay your loan.
If you don't want to come to the store in person, you can simply send your collateral to us. We will take care of the processing.
CAN I ALSO PAWN MY CAR IN A PAWNSHOP?
Yes, that is possible. With a car loan, you use your car as collateral instead of another collateral. The term is 3 months and can be extended at any time.
Our practical loan calculator for car loans shows you the highest possible payout amount after entering the vehicle data.