Pawn transactions
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Pawn transactions
What is Pawn transactions and how it works
A pawn transaction is a form of a loan where the lender borrows against an item that is personal property such as vehicles, trucks, electronics, home appliances, furniture, computers, laptops, etc… in exchange for cash.
Cashlink has made lending very easy and straightforward without passing through strict rules and policies that banks follow and apply in their lending practices. It’s a 30-day contract that can still allow you to extend it, to enable the flexibility of the client’s cash flow. The interest is 5%, and we are registered, credit providers.
Acceptable items by Cashlink
- All range of electronics
- Home appliances
- Vehicles, trucks, trailers
- Furnitures
- Computers, laptops
- All movable items in good working conditions that meet our requirements and expectations
Required documentations when pawning moveable items except vehicles and trucks
- Proof of ownership
- Original ID presented to Cashlink
- Item in good condition
Required documentations to pawn a vehicle/ truck, bike/ trailer
- Proof of ownership which is the RC1 (in simple term vehicle papers)
- Original ID presented to Cashlink
- Any proof of income
- Proof of address