The most common questions asked at a pawn shop is usually related to the value of an item being pawned or sold. People often want to know how much they can get for their item or how the pawn shop determines its value. Other common questions may include inquiries about the pawn process, loan terms, interest rates, and the condition of items for sale. The following questions and answers are those commonly asked of us over the years:

• Q: What is a vehicle pawn loan?
  A: A vehicle pawn loan is a short-term, collateral-based loan where your vehicle is used as security for cash. Learn more >
• Q: How does a vehicle pawn loan work?
  A: You bring your vehicle to our pawn shop, and in exchange for its value, you receive a short-term loan. Upon repayment, you retrieve your vehicle. Learn more >
• Q: Can I still drive my vehicle if I pawn it?
  A: Unfortunately not. Laws governing pawnbrokers and pawn shops require us to keep the pawned vehicle in our possession for the duration of the loan. Learn more >
• Q: How much can I borrow against my vehicle?
  A: The loan amount is usually a percentage of your vehicle’s appraised value. E-Pawn can offer a loan based on your car or bike’s worth. Learn more >
• Q: What’s the typical loan term for a vehicle pawn loan?
  A: Loan terms are for a maxmium 90 days, but usually range from 15 to 30 days. In some cases, short-extensions are available at E-Pawn, where permitted by law. Learn more >
• Q: How quickly can I get cash on a vehicle pawn loan?
  A: At E-Pawn, you can get cash right away upon agreement. The process is designed for speed and convenience. Learn more >
• Q: Is my credit score considered for a vehicle pawn loan?
  A: No, your credit score is not a factor. The loan is based on the value of your vehicle, whether it be a car, motorcycle or some other type of vehicle. Learn more >
• Q: What happens if I can’t repay the loan on time?
  A: If the loan isn’t repaid within the agreed period, unless extended, the pawn shop (like E-Pawn) may sell your vehicle. Learn more >
• Q: Can I extend the loan period?
  A: E-Pawn offers extensions and renewals, where permitted by law, providing flexibility in repayment. Learn more >
• Q: What documents do I need for a vehicle pawn loan?
  A: Generally, you need your ID, proof of title, and sometimes additional paperwork. E-Pawn will guide you through the required documents. Learn more >
• Q: Can I pawn a leased car or motorcycle?
  A: It depends on the pawn shop’s policies. E-Pawn assesses each case individually. Learn more >
• Q: What interest rates can I expect?
  A: Interest rates vary. E-Pawn is transparent about its rates and ensures fair lending practices. Learn more >
• Q: Will my vehicle be safe while it’s pawned?
  A: Yes, at E-Pawn, your vehicle will be securely stored until the loan is repaid, ensuring its safety. Learn more >
• Q: Is the pawn process confidential?
  A: E-Pawn prioritises confidentiality, ensuring a discreet process for all clients. Learn more >
• Q: Can I pawn multiple cars?
  A: Yes, you can pawn multiple cars, and E-Pawn assesses each one individually for its loan value. Learn more >
• Q: Can I pawn a classic or vintage car?
  A: Yes, E-Pawn accepts classic and vintage cars as collateral for a pawn loan. Learn more >
• Q: What happens if my vehicle’s value changes during the loan term?
  A: The loan is based on your car’s value at the start. Changes don’t affect the agreed loan amount. Learn more >
• Q: Can I pay off the loan early?
  A: Yes, you can pay off the loan early, and no further interest will accrue beyond that date. E-Pawn encourages responsible lending and repayment practices. Learn more >
• Q: Can I renew my pawn loan after it expires?
  A: E-Pawn offers renewal options where permitted by law, giving you more time to repay the loan. Learn more >
• Q: What’s the difference between a pawn loan and a title loan?
  A: A pawn loan uses your vehcile as collateral, while a title loan allows you to keep driving your vehicle during the loan period. E-Pawn does not offer title loans. Learn more >
• Q: Are there restrictions on the make or model of my vehicle?
  A: E-Pawn assesses the value of all vehicle types, makes and models, ensuring a fair evaluation process. Learn more >
• Q: Can I pawn a vehicle without proof of title?
  A: A car title is typically required. E-Pawn can guide you on obtaining a duplicate title if needed. Learn more >
• Q: What fees are associated with a vehicle pawn loan?
  A: E-Pawn is transparent about fees. Generally, there’s an interest charge and possibly storage and other related fees if any loan is extended, but only where the law permits. Learn more >
• Q: Is my personal information secure during the pawn process?
  A: E-Pawn prioritises client security and ensures the confidentiality of all personal information. Learn more >
• Q: Can I pawn my vehicle if it’s financed?
  A: It depends on the pawn shop’s policies. E-Pawn evaluates each case individually. Learn more >
• Q: Can I pawn a vehicle with mechanical issues?
  A: E-Pawn considers the overall value of the car. Mechanical issues may affect the loan amount. Learn more >
• Q: Can I pawn a vehicle that’s not registered in my name?
  A: Generally, you need to be the registered owner. E-Pawn can guide you on resolving ownership issues. Learn more >
• Q: What happens if I lose my pawn ticket?
  A: E-Pawn provides guidance on the process to retrieve a lost pawn ticket. Learn more >
• Q: Can I pawn a vehicle that’s used for business?
  A: E-Pawn evaluates the value of the car, considering its use for business purposes. Vehicles owned by a company can be pawned subject to the Directors agreeing. Learn more >
• Q: Can I pawn my vehicle if it’s under finance?
  A: E-Pawn can guide you on the process if your car is under finance. Learn more >
• Q: Can I pawn a motorcycle instead of a car?
  A: Yes, E-Pawn accepts motorcycles as collateral for a pawn loan. Learn more >
• Q: Are there age restrictions on the vehicles accepted for pawn?
  A: E-Pawn assesses cars individually, considering factors like age and overall condition. Learn more >
• Q: Can I pawn a vehicle for someone else?
  A: Generally, the owner of the car or motorcycle needs to pawn it. E-Pawn can provide guidance on special cases. Learn more >
• Q: Can I pawn a car without current registration?
  A: Generally, registration is required. E-Pawn can provide guidance on obtaining the necessary documents. We can even arrange for the vehcile to be collected for you. Learn more >
• Q: How long does the pawn process take?
  A: E-Pawn strives for efficiency, and the process can be completed swiftly to provide quick access to cash. Providing we have the information required before your arrival, the process usually takes less than 15 minutes. Learn more >
• Q: Can I pawn a vehicle that’s been in an accident?
  A: E-Pawn considers the overall value of any vehicle, taking into account its condition. Learn more >
• Q: Can I pawn a car if it’s my only mode of transportation?
  A: Yes. E-Pawn understands individual circumstances and can discuss options for transportation during the loan period. Learn more >
• Q: Are there restrictions on the kilometrage of my vehicle for pawning?
  A: E-Pawn assesses cars individually, considering factors like kilometres and overall condition. Learn more >
• Q: Can I pawn a vehicle with modifications or upgrades?
  A: E-Pawn evaluates the overall value of the vehicle, considering modifications or upgrades. Learn more >
• Q: Can I pawn a salvaged or restored vehicle?
  A: In most cases Yes. E-Pawn will evaluate the vehicle’s market value, factoring in its salvage or restored status. Learn more >
• Q: Can I pawn a vehicle with an outstanding loan?
  A: In most circumstances we can. E-Pawn can guide you on the process if your vehicle has an outstanding loan. Learn more >
• Q: Can I pawn a luxury or high-end car?
  A: Yes, E-Pawn accepts luxury and high-end cars as collateral for a pawn loan. Learn more >
• Q: Can I pawn multiple vehicles at once?
  A: E-Pawn can pawn multiple cars, each considered individually for for a pawn loan. E-pawn also offers pawn loans on multiple motorcycles. Learn more >
• Q: Can I pawn a vehicle if I have bad credit?
  A: Yes, E-Pawn doesn’t consider credit scores for vehicle pawn loans. Learn more >
• Q: Can I pawn a vehicle without a job?
  A: Yes, E-Pawn considers the overall value of your vehicle, focusing on the collateral rather than employment status. This is one of the best things about pawn shops. Learn more >
• Q: Can I pawn a vehicle for a friend or family member?
  A: Generally, the owner of the vehicle needs to pawn it. E-Pawn can provide guidance on special cases; for example when trying to raise money for bail assurance. Learn more >
• Q: Can I pawn a vehicle on a weekend?
  A: E-Pawn operates with flexibility and can discuss options for weekend pawn services. Learn more >
• Q: Can I pawn a leased vehicle?
  A: Generally not, because of the vehicle’s lessee has an equitable interest in its title. However, E-Pawn evaluates each case individually. Learn more >
• Q: Can I pawn a vehicle for longer than 90 days?
  A: E-Pawn offers extensions and renewals, where permitted by law, providing flexibility in loan duration. Learn more >
• Q: Can I pawn a vehicle without the keys?
  A: Generally, keys are required. E-Pawn can guide you on obtaining replacement keys if needed. But, this will not prevent you from obtaining a pawn loan against your vehicle. Learn more >

Bonus Questions & Answers:

• Q: What is the maximum amount you will lend?
  A: From a technical standpoint, there is no predefined maximum limit. However, our standard practice is to set a lending ceiling of $50,000. It is noteworthy that we have, on occasion, facilitated loans in excess of $1,000,000.
• Q: Can I get a guaranteed cash loan no matter what?
  A: No lender nor Pawnbroker can offer guaranteed approval for cash loans, however, E-Pawn, like most pawnbrokers are not concerned about your credit score or your employment status. Learn more >
• Q: Is pawning my vehicle the fastest way to get a cash loan?
  A: Without doubt, the fastest way to get a cash loan is by pawing something of value, a vehicle for vehicle for example. Learn more >
• Q: Are applications for a pawn loan free?
  A: Yes. Applying for a pawn loan is typically free of charge. Certainly, with E-Pawn all applications for pawn loans are free and without obligation. Learn more >