It is like cursed: One bill after the other flutters into your house – electricity back payment, car repair, and that your BAföG repayment is now pending, you had also not on the screen. Impossible you can just pay all bills at once. But of course, you also don't want to accumulate debt in any case. In such cases, an instant loan can help you. Particularly fast and uncomplicated, completely without bureaucracy, you get a pawn credit in the pawnshop Moers.
What is a pawn loan and a pawn shop?
A pawn loan is a loan that is paid off – usually in cash – in exchange for the surrender of an item of value. The item, which you must own as a matter of course, is returned to you as soon as you have paid off your pawn loan again.
Just because taking out and making pawn loans outside of banks doesn't mean it's shady or even illegal. On the contrary, pawnbroking is strictly regulated in § 1204 of the Civil Code and in § 34 of the Commercial Code.
Not everyone can open a pawn shop on a whim. It requires both special insurance and high financial collateral – before the pawn shop can open its pawn shop, some cities require a six-figure financial cushion!
For the granting of pawn loans, the law states that the monthly interest rate may never be higher than 1% of the loan amount. Similarly, the pawn fees may not be arbitrarily high, but are limited. So rest assured: the Moers pawn shop you visit is certainly professional. If in doubt, ask for the official approval.
What items can be pawned at the Moers pawn shop?
There is no complete list of items that can be turned in at the pawn shop. In principle, anything of a certain value is eligible – but whether it is accepted is solely at the discretion of the pawn shop owner. Almost always accept things like gold jewelry, gold bars, silverware, valuable china or antiques. You don't have one of these at home? Then try it with your TV, smartphone or laptop, as long as the devices are like new and modern.
You may also be thinking of lending your car. It is possible, however not in the usual pawn shop, but in the auto pawn shop or rather. Motor vehicle pawnshop. Pawn shops of this type need to have more space to safely store pawned vehicles. In addition to cars, you can also turn in any other motorized vehicles, such as motorboats, tractors or mobile homes. Pawning a vehicle has one big advantage: you get higher credit. Not only are vehicles generally worth more than smaller items in most cases. You will also receive up to 80% of its value as a loan for it, while for other items only about 50% is usual.
What if the loan can not be paid off?
Unfortunately, there are also the sad cases of people not being able to pay back their pledge loans against all odds. If this should also be the case with you, you may exceed the due date for repayment by up to one month. But if you still can't pay, you unfortunately lose your pawned item to the pawnshop.
The latter may then sell it at public auction, conducted by a sworn auctioneer. Interested parties can then buy the object, and if the highest bidder offers more money for it than you received as a loan, you have a claim to the difference. You can collect your money from the Moers pawnshop, and there is a deadline here as well. If the money is not collected, it goes to the appropriate authority.
This is what KREDIT 123 thinks: Our conclusion on the unbureaucratic loan in the pawnshop Moers
In our opinion, a pawn loan can really bail you out in some situations. It is quickly disbursed and requires no documentation. You have your money immediately and can use it to pay for a repair or an urgently due bill.
However, we also advise against taking out a pawn loan at the pawn shop Moers if you have no money at all and also no prospect of soon having enough money for repayment. In addition, a pawn loan should always be repaid quickly, so that the interest does not become very expensive over time.
Moers in North Rhine-Westphalia
Moers is a city in North Rhine-Westphalia with over 100.000 residents, which is located on the western edge of the Ruhr region. It is part of the Rhine-Ruhr metropolitan region. Moers consists of three districts: Moers, Kapellen and Rheinkamp.
Districts of Moers
The seven districts of the city of Moers are called Asberg, Hochstraß, Hülsdonk, Moers-Mitte, Scherpenberg, Schwafheim and Vinn. The six districts of the district Kapellen are called Achterathsfeld, Achterathsheide, Bettenkamp, Holderberg, Kapellen-Mitte and Vennikel. The nine districts of Rheinkamp are called Baerler Busch, Bornheim, Eick, Genend, Kohlenhuck, Meerbeck, Repelen, Rheinkamp-Mitte and Utfort.
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