COMPARE · 5 COMPANIES

Pawn & secured cash loans

Know what your asset secures: and what it takes to get it back. Compare the cash released and the total redemption amount.

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AI-generated scene of a customer discussing a bracelet at a modest pawnshop counter in the Philippines
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Radiowealth Finance

Secured Cash Loan

Finance company
Loan amount₱5,000,000from ₱10,000
Term36 monthsfrom 3 months
Interest rate—
Monthly repayment—
Requirements & documents

Who can apply

  • Filipino, over 21, with at least two years at the current residence unless a new homeowner.
  • Vehicle OR/CR or property TCT as collateral; employees need at least one year with their employer and ₱18,000 basic monthly salary.

Documents to prepare

  • Two government IDs, proof of income and collateral ownership documents.
  • Employees: company ID, employment certificate and three months of payslips. Business owners: business registration or permit.

Plan your repayments

BEFORE YOU CHOOSE

What deserves a closer look

01

Compare valuations and charges

A larger valuation can come with different interest or fees. Ask for the exact peso amount needed to redeem.

02

Understand the deadline

Read renewal, grace-period and auction terms. The asset can be lost if obligations are not met.

03

Keep the documentation

The pawn ticket or secured-loan agreement records the asset and the repayment conditions.

Your questions, answered.

How is a pawn loan amount decided?

The pawnshop must accept and assess the item. The price you originally paid is not a guaranteed borrowing value.

What should I bring when redeeming a pawned item?

Keep the pawn ticket and valid identification ready. Confirm the branch’s redemption requirements before travelling.

What if I lose my pawn ticket?

Contact the branch promptly and ask how to establish ownership and renew or redeem the item. You may need an affidavit of loss and valid identification. Requirements differ, so confirm the exact documents before arranging notarization.

Is renewing a pawn the same as paying it off?

No. Check what the renewal payment covers and the remaining principal. Repeated renewals can increase your total cost.

How can I compare two pawnshop quotations?

Compare the cash released against the redemption amount on the same date. A higher appraisal is not automatically a cheaper loan.

What happens if I miss the redemption deadline?

Read the ticket’s maturity, grace and auction conditions. Contact the pawnshop promptly, do not assume the item will be held indefinitely.

Can another person collect my pawned item?

Ask the pawnshop what identification and authorization it requires. Do not hand someone your ticket assuming it is sufficient.

Is a vehicle-backed cash loan the same as pawning jewelry?

No. The collateral, documentation and enforcement arrangements differ. Compare the specific secured-loan contract rather than applying pawn-ticket rules to every asset.

Does Pesopal approve pawn loans or lend me money?

No. Pesopal compares pawn borrowing options and published information. The lender or programme administrator assesses your application and issues the offer. Changing our filters does not submit an application or guarantee eligibility.

What should I verify after comparing pawn options on Pesopal?

Check the appraisal, net cash received, redemption amount and renewal or auction deadlines on the lender’s official website or app, then confirm your written offer.

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