Pawnbroking Loans

Pawnbroking as we know it today can be traced back to the middle ages and has become a well established alternative for those needing a short term loan in a quick and convenient manner. Pawnbroking loans do not involve a credit check and will never result in a bad credit rating.

Pawnbrokers Bournemouth

We have been offering a personal and discreet pawnbroking service in Bournemouth for more than sixty years and are members of the National Pawnbrokers Association. We specialise in jewellery, silverware and certain prestige watches and our knowledge and experience means that we can often lend you more against your items.

Pawnbroking loans only take a few minutes to complete, we will pay you in cash and store your items securely for the period of the loan which is normally 6 months. You can collect your items at any time by paying back the loan and any interest which may have accrued. You can also extend the loan at any time simply by paying the outstanding interest.

We charge interest on a monthly basis, interest is calculated and applied on the amount of your loan at the end of each contract month. If you repay the loan early, interest will only be charged to the end of the contract month in which you repay.

Example: A £500.00 loan will incur interest of £25.00 per month. If you repaid the loan within say 3 months you would pay £500.00 plus £75.00 interest. Total cost £575.00.

Call into our Pawnbrokers in Bournemouth, Dorset today.

Our Rates

Loan amount Monthly
interest
Representative APR
(variable)
£10.00 – £100.00 8% 119.0%
£101.00 – £250.00 6.5% 93.2%
£251.00 – £5,000.00 5% 69.0%
over £5,000.00 4% 53.8%

Photo ID and proof of address required
Written details available on request

Representative Example
Total amount of credit £500.00 for 6 months
Total amount payable £650.00
Total charge for credit £150.00
Interest rate 60.0% pa (fixed) equivalent to 5.0% per month
Representative APR 69.0%

Authorised and Regulated by The Financial Conduct Authority for Consumer Credit Reference No. 740807.

View our Terms & Conditions




Shop Closure Corvid-19

Following government advice the shop now is closed until further notice.  Any items with us will be stored securely until we are able to re-open.

For our pawnbroking customers interest charges will be frozen as at the 24th March 2020 and remain so until we re-open.  If your loan agreement is overdue or falls due during the period we are closed it will not be sold and you will be able to redeem or renew it as soon as we re-open.

If you have any urgent questions or concerns please email info@gapayne.co.uk giving your name and telephone number and one of our staff will call you.

Our priority at this time is the safety of all our staff and customers and we will follow closely all government guidelines.

Please follow us on Facebook for regular updates and we thank you for your cooperation and understanding in these difficult times.

Stay safe
Nicholas Payne

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