PawnHero Pawnshop offers different interest packages depending on the item category used as collateral for a loan. Charges applied: Interest of 3.5% for gold and jewelry, 6% for certain Apple devices and 4.99% for other types of items or ₱ 500.00 whichever is higher;
Service charge of 1% of principal loan but shall not exceed ₱ 5.00; Documentary stamp tax of ₱ 40.00 for loan amount up to ₱ 5,000.00, additional ₱ 20.00 on each ₱ 5,000.00 or fractional part in excess of ₱ 5,000.00. Please see sample computation here.
PawnHero Pawnshop Philippines, Inc. is regulated by the Bangko Sentral ng Pilipinas with contact number (02) 8708-7807 and email address consumeraffairs@bsp.gov.ph.
