Perfect if you are caught short between paydays
A pawn loan is an instant cash loan secured against the value of an item you own. Borrow from $50 up to $999 in just 10 minutes.
And if you are a new customer, it’s FREE!
The advantages of the pawn loan are:
- Cash in your hand in under ten minutes
- Fixed interest rate (not compounding)
- Ability to repay anytime within three months — no penalty
- Ability to extend loan at the end of three months for another month by paying one interest charge
A pawn loan has:
- No credit checks
- No establishment or administration fees
- No set repayments
- No reporting to credit agencies (confidential)
- No effect on your credit rating if you do not repay the loan.
Its as easy as 1 - 2 - 3
From the start to finish, the whole process only takes ten minutes; you will be walking out of the store with cash in your hand.
Call into your nearest Superloans store
Bring in an item/s you want to use as security for the loan. The item’s value is appraised by one of our staff. We will tell you the maximum loan we can do using that item as security and agree on a price.
Spend two minutes entering your details at the kiosk
We also need to see your photo ID (driver’s license, passport, 18+ card, or firearms licence).
We then draw up the loan agreement. The contract is for three months with the interest incurring monthly. We go through it with you, and both of us sign the agreement.
Walk out with the cash
It really is that easy!
Pay off the loan when it suits you
The interest builds up monthly, so the sooner you pay us back, the less you have to pay. Once the loan is redeemed, we hand your item straight back to you.
Extend the loan
If, at the end of the contract, you can’t pay off the loan, you can extend for one month by paying one interest charge.
Need another loan?
If you want another loan down the track, there's no need to fill out any forms or bring in your ID. We keep all your details on our database. If you return with the same item that you used as security before, you'll be in and out, cash in hand, in only a couple of minutes.