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Tel 01202 394954 - serving the Dorset and Hampshire areas
NAG Registered Valuer  (N.G.Payne & H.G.Payne are registered valuers)Gemmological Association of Great Britain (N.G.Payne & H.G.Payne are fellows of the association)National Association of GoldsmithsMember of National Pawnbrokers AssociationMember of Bournemouth Chamber Of Trade and CommerceMember of Federation Small Business
Pawnbroking
How it works

Pawning (or pledging) is just another way of borrowing money. You leave an item of value as security and you receive a loan. When you settle the loan and charges you get the item back. It is very simple, and takes only a few minutes. You will require some form of identification such as a passport or photo driving licence together with a recent utility bill.


Example:  £250.00 Loan

You borrow £250.00 leaving an item of jewellery as security. You come back within one month and reclaim your jewellery paying just £262.50, that's 5% (69% APR).
(You may redeem your pledge at any time, although your agreement is for up to six months)


We specialise only in jewellery and quality silverware and are able to offer a personal and discreet service. If you would like more information please contact us. Written details are available on request.


Today

Pawnbroking is established as an alternative to other high street institutions such as banks and building societies for those wishing to borrow money in a speedy and convenient manner. Pawnbroking is strictly regulated by the Consumer Credit Act 1974 and all pawnbrokers must have a consumer credit licence from the office of fair trading.


History

Pawnbrokers may not be able to claim membership of the oldest profession, but there is historical evidence dating them to the Chinese dynasties of 3,000 years ago, and showing their continued existence in classical Greek and Roman times.

Pawnbroking as we know it today can be traced back to the middle ages but the real growth of pawnbroking in this country started with the Industrial Revolution and the process of urban development.

The distinctive symbol of pawnbroking, the three balls, was generally adopted by the profession in the mid-eighteenth century, these were either golden or originally more frequently blue, almost certainly derived from the three blue discs that appear on the coat of arms of the Medici family, in whose territory the Lombard Goldsmiths originated. Blue gave way to gold and an example of the pawnbrokers sign can still be seen high up above the shop.


quality jewllery from Geo. A Payne & Son
Members of
"The National
Pawnbrokers
Association"
 
diamond jewllery from Geo. A Payne & Son

wedding jewllery from Geo. A Payne & Son

wedding jewllery from Geo. A Payne & Son
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