Pawn – CCE PAWN & GOLD

why pawn

Advantages of Pawn Loans

CCE PAWN is a friendly and welcoming place to do business. We strive to offer the most cash for valuables and provide first-class customer service. Our customers depend on our Pawn Shop to help meet daily financial needs not offered by other financial institutions.

Pawn loans keep the electricity on, the rent paid, and cars running with full tanks of gas by providing a safety-net to thousands of unbanked or underbanked Canadians. There are many benefits of using our Pawn Shop over the more traditional forms of credit:

Pawn Policy

All pawns are good for a term of three (3) months. For example, a pawn made on June 10/xx will be due on September 10/xx.

Interest is charged at 5% per month (whether it´s a day after or the full month). The minimum charge is $10.00.

We require all payments be made in cash or debit.

We require current government photo identification, preferably a BC driver’s license, provincial government ID card, or Canadian passport with current address. Other types may be acceptable.

We are unable to split up pawns. You must redeem all items on a Pawn ticket at one time.

We will not show pawned items to a potential buyer.

We will not accept items that have had their serial numbers removed or altered.

It is illegal to pawn items to which you do not have clear title. Items purchased on time payments or conditional sales agreements are not pawnable until paid in full.

All pawn tickets are bearer receipts. If one is lost or stolen, please notify us in person so that we can protect your goods. When notified in person (with identification) we will provide you with the informatian you need so that you ca make a sworn statement before a notary public. This is provincial law and beyond our control. We always strive to give the best service that we can, but ultimate responsibility for the pawn ticket belongs to the pawner. If you lose a pawn ticket, please do not phone us. We do not give any information regarding pawns over the telephone.

Pawns may be renewed or redeemed without the pawn ticket only after the pawn has expired.
If you require more time than three (3) months, a pawn may be renewed at our discretion by paying the interest accrued at the end of the three (3) months.

When this is done, we will issue a new pawn ticket valid for an additional three

If you are unable to pay interest charges on or before the due date, on request we will hold the items) for a maximum of seven (7) days past the original expiration date for an additional charge in the equivalence of one month’s interest. CCE PAWN BROKER retains the right to deny such a request.
In the event of a pawn default, we will usually sell the items, if available, back to the pawner for 150% of the principal amount of the loan.

Easy 1-2-3 sTEPS

Instant Cash Loan

We offer a fast, easy, and stress-free pawning experience. All you need is your item to leave as collateral and photo ID. Want to learn more about what we take? Check out our loan policy.

Bring your Item ID

Must be a valid form of a picture government ID. Please bring a secondary

Get Instant Cash

Show your item(s) and get the value. Cash paid out after agreement.

Repay, Get your Item

Pay back your pawn and balances. To retrieve your item.

Cash Payout Price

Faqs

It is our goal to provide fast, friendly service and the most cash for your valuables. To qualify for instant cash, all you need is something of value and valid ID. It’s really that easy. If you are unfamiliar with the specifics of a pawn and want to know more, check out the info below.

What is a pawn?

A pawn is a type of collateral based loan. The borrower leaves an item of value with the lender in exchange for a cash loan. When the borrower pays back the loan the item of value is returned to the borrower. If the borrower does not pay back the loan the item of value is forfeited, and the lender sells the item to recoup the money from the defaulted loan.

How does a pawn work?

We start with an evaluation of your item to determine how much money we can lend you. We then agree to loan you cash and hold your item for 90 days. At the end of this term you have 3 options:

You can redeem your item. If you repay the loan including the service charge at any time during the agreed period we will return your pawned item.
ou can renew your loan. You can also extend the term of the loan by paying the service charge only. Doing this extends your due date for an additional period. The principle and interest remain the same and will be due again on your new due date.
You can forfeit your item. If you are not able to or decide that you don’t want to redeem or renew your loan you can forfeit your item. This relives you of any obligations towards your loan. We simply recoup the money we lent by selling the item in our store.

How much can you lend me?

Used Market Price:
This factor is the most important in determining how much we lend. We research how much your item can be sold for in the used market and then loan below this amount.
Current Market Price:
Another factor we consider is how much your item currently sells for in the retail market. Our pawn shop can loan on a percentage of this value. Generally, the more valuable your item is the more you will able to borrow.
Supply and Demand:
We also consider how high the demand is for your item. For example, if your item sells very quickly we are able to loan more than if it sells slowly and we already have a large supply of that item in our inventory.
Age and condition of the item:
The better condition of your item and the closer it is to brand new condition, the more we can loan you. For example, if your item is complete, factory sealed, in the original box, you can borrow more than if your item is missing pieces and in need of repair.

Bring It In

Most Wanted Items

Jewelery & Watches

Gold Jewelry (in any form), Silver Jewelry (in any form), Diamonds, Platinum, Watches (mid, high end & brands), Collectible Coins & Paper Money, Gold, Silver & Platinum Bullion,

All loans are good for a term of three (3) months. For example, a loan made on June 10/xx will be due on September 10/xx.

Interest is charged at 5% per month (whether it´s a day after or the full month). The minimum charge is $10.00.

We require all payments be made in cash or debit.

We require current government photo identification, preferably a BC driver’s license, provincial government ID card, or Canadian passport with current address. Other types may be acceptable.

We are unable to split up loans. You must redeem all items on a Pawn ticket at one time.

We will not show pawned items to a potential buyer.

We will not accept items that have had their serial numbers removed or altered.

It is illegal to pawn items to which you do not have clear title. Items purchased on time payments or conditional sales agreements are not pawnable until paid in full.

All pawn tickets are bearer receipts. If one is lost or stolen, please notify us in person so that we can protect your goods. When notified in person (with identification) we will provide you with the informatian you need so that you ca make a sworn statement before a notary public. This is provincial law and beyond our control. We always strive to give the best service that we can, but ultimate responsibility for the pawn ticket belongs to the pawner. If you lose a pawn ticket, please do not phone us. We do not give any information regarding pawns over the telephone.

Loans may be renewed or redeemed without the pawn ticket only after the loan has expired.
If you require more time than three (3) months, a loan may be renewed at our discretion by paying the interest accrued at the end of the three (3) months.

When this is done, we will issue a new pawn ticket valid for an additional three

If you are unable to pay interest charges on or before the due date, on request we will hold the items) for a maximum of seven (7) days past the original expiration date for an additional charge in the equivalence of one month’s interest. CCE LOAN retains the right to deny such a request.
In the event of a loan default, we will usually sell the items, if available, back to the pawner for 150% of the principal amount of the loan.