At CASHY you are free to decide whether you would prefer cash (up to a maximum of €9,999) or a transfer to your PayPal or bank account. A cash payout is only possible in one of our stores.

You have the option of extending your pawn loan during the term of your pawn loan. If you are unable to extend your pawn loan or repay it within the agreed term, your tool will be auctioned off after a waiting period and notification by CASHY. If the proceeds less the fees exceed the amount of your pawn loan, you will be paid out the difference. However, your debt is also settled if a lower amount is achieved at the auction.

Yes, this is possible with CASHY. The greater the signs of use, the less your tool will be worth.

Yes, all customers who wish to take out a pawn loan with CASHY must be of legal age.

In the following example, we show you how high the fees are for a pawn loan of € 300.00 for tools with a 30-day term and how they are made up:

Loan amount: € 300,00
Interest: € 3,00
Business operation costs: € 6,50
Total fees: € 9,50

You can find all further information about interest and fees at CASHY in our clear fee schedule.

Please note: A pawn loan is suitable for short-term bridging due to the short term of 3 months. In our example, the interest is 1% per month (12% per year) and the operating costs are €6.50 per month (€78 per year). For example, if you were to keep renewing your pawn loan with a term of 3 months and reach a total term of 1 year, the fees would be as follows:

Loan amount: € 300
Interest on the loan: € 36
Operating costs: € 78
Total fees for 1 year (term not offered in this length): € 114,-