A pawn loan is secured on your gold jewellery: we lend you what we would pay for it today, with a fee of 8% a month on the amount lent (APR 151.82% over 1 month; 96.00% over 12 months). You can extend it.
Representative example: for €1,000 lent, you repay €1,080 after 1 month (APR 151.82%), €1,240 after 3 months (APR 136.42%) or €1,960 after 12 months (APR 96.00%).
Pawn or sell?
- Pawn: a loan; the jewellery is still yours and you get it back. It costs 8% a month.
- Sell: you get today’s price and there is nothing to repay.
How it works, step by step
- Bring the jewellery. And your ID: DNI, NIE or passport.
- We value it in front of you.
- We explain the cost and APR (TAE). You read the agreement in your own time.
- You sign and get the money. Cash only under €1,000.
- You repay the loan. And redeem your jewellery.
What you will know before you sign
- How much we lend you on your jewellery.
- The fee: 8% a month, with no interest charged on fees.
- How to extend the pawn loan if you need more time.
- The total cost and the APR for each term.
- Where and how you redeem your jewellery.
- What happens if you do not repay the loan.
Important: pawn loans are always arranged in person, in the shop. We only call you from +34 657 15 95 01 or +34 93 156 36 44, and we will never ask you to pay anything upfront.
Questions about pawn loans
What do I need to pawn a piece of jewellery?
A valid DNI, NIE/TIE or passport, and the jewellery. The piece must belong to you.
What can I pawn?
We work with gold jewellery. If you want to pawn something else, such as a coin, a watch or a silver item, ask us before you come and we will tell you if it is possible.
How much will you lend me on my jewellery?
The same as we would pay you today if you sold it to us: its weight times our buying price for its carat, which we publish every day in today’s gold price. The exact amount is set when we value the piece in the shop.
What is the interest on a pawn loan?
A fee of 8% a month on the amount lent, which you pay together with the loan when you redeem the jewellery. It is not compounded: for €1,000 you repay €1,240 after 3 months. The APR depends on the term: 151.82% over 1 month, 136.42% over 3 months, 119.04% over 6 months and 96.00% over 12 months. It is all in the agreement before you sign.
What if I cannot repay the loan on time?
You can extend the loan; the fee stays at 8% a month. We explain in the shop how to extend it. What happens if you neither repay nor extend it is set out in the agreement, which you receive before you sign.
Where can I pawn?
In Barcelona, Monday to Friday: see where to find us. Always in person: message us first and we will confirm when we can see you.
Questions before you come? Message or call us. Just want to know what it is worth? No-obligation valuation.