For your cash needs,
there's PawnHero.

Ate and Kuya

About PawnHero

Pawning

PawnHero is the first online pawn shop in the Philippines and is leading the modernization of the pawnbroking industry in the country since 2015. PawnHero's mission is to provide the most convenient and reliable financial service to all Filipinos in need of quick cash loans.

Through the use of advanced technology, PawnHero is able to provide instant cash loans to its customers in a hassle-free and discreet manner. PawnHero is the pawn shop that goes to your homes which eliminates the need for people to go out into the streets in search of ways to turn their valuables into cash. A safer option for you, our pawners, especially during this time of pandemic.

With PawnHero Pawnshop, you can experience the complete pawn shop services even from the comfort of your home. All you have to do is pawn conveniently online through our official website. Walk-in customers are also accepted at the PawnHero Pawnshop office.

Pawning Luxury

PawnHero is your expert luxury pawn shop in the Philippines. Our expertise is on providing secured loans by using your designer bags, luxury watches and other high-end assets as collateral. We accept brands like Louis Vuitton, Hermès, Chanel, Givenchy, Prada, Goyard, Gucci, YSL, Celine, ROLEX, Audemars Piguet, Patek Philippe and more. We also accept gold, jewelry and more.

The likes of businessmen, investors, entrepreneurs, small business owners, luxury resellers and such choose PawnHero Pawnshop when obtaining short term capital to address a financial situation or meet an opportunity fast and easy with less documentation and waiting time.

With PawnHero Pawnshop, you can experience the complete pawn shop services even from the comfort of your home. All you have to do is pawn conveniently online through our official website. Walk-in customers are also accepted at the PawnHero Pawnshop office.

Pawning Smartphones and Other Gadgets

PawnHero is your trusted go-to pawn shop for smartphones, other gadgets and electronics in the Philippines. Our expertise covers providing secured loans by using your smartphones, laptops and other high-end assets like cameras and Smart TVs as collateral. We accept brands like Apple, Samsung, Huawei, Vivo, OPPO, Sony, Fujifilm, Canon, Nikon, Microsoft, and more.

Pawners choose PawnHero Pawnshop when obtaining short term capital to address a financial situation, cover emergency expenses or meet an opportunity fast and easy with less documentation and waiting time.

Pawn now

Pawning experience, upgraded!

Whether you are pawning online via our website or at our physical pawn shop, you will enjoy the upgraded pawning experience that PawnHero Pawnshop proudly offers - fast, safe, convenient and discreet! Pawn online or visit us at 7F W Global Center, Bonifacio Global City, Taguig City from 9:00 AM to 7:00 PM, Monday to Saturday.

What you should expect:

  • Loan approval in as fast as 1 day
  • Loan release real time upon approval
  • Loan amount limit is only based on your per item's value
  • Less documentation and no credit check

What you will enjoy:

  • Fast funding to address a situation or meet an opportunity
  • Flexible terms to suit your specific cash needs
  • Good alternative to selling your asset
  • Concierge-type pawning experience

Items We Accept

Unlike traditional pawn shops, at PawnHero, we accept a wide variety of valuable items such as luxury items like designer bags, luxury watches, designer belts, designer sunglasses, designer shoes and more. In addition, we also accept an expanded list of items like smartphones, other electronic gadgets like soundbars and speakers, gaming consoles, gold jewelry, precious metals, gemstones and more that are already traditionally accepted by pawn shops. All of these are acceptable as loan collateral at PawnHero Pawnshop. For a full list of items we accept, see the list below.

Interest Rates and Other Charges

PawnHero also offers one of the lowest interest rates in the country going as low as 3.5% per month. Customers also enjoy flexible loan terms which are renewable every month without hidden costs. We also provide some of the highest appraisal rates which you won't find in traditional pawn shops.

PawnHero Pawnshop offers flexible loan terms and interest packages depending on the item category used as collateral for a loan.

Charges applied for gold and jewelry:

  1. Interest of 3.5% for gold and jewelry or ₱ 500.00 whichever is higher
  2. Service charge of 1% of principal loan but shall not exceed ₱ 5.00
  3. 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
Sample Computation of Gold and Jewelry

Charges applied for designer bags, luxury watches, certain gadgets, and other item categories:

  1. Interest of 4.99% or ₱ 500.00 whichever is higher
  2. Service charge of 1% of principal loan but shall not exceed ₱ 5.00
  3. 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
Sample Computation of Bags, Watches, Gadgets, and Others

Charges applied for Apple devices such as iPhones, iPads and MacBooks

  1. Interest of 6.00% or ₱ 500.00 whichever is higher
  2. Service charge of 1% of principal loan but shall not exceed ₱ 5.00
  3. 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
Sample Computation of Bags, Watches, Gadgets, and Others
*Interest rates may be subject to change during special promos

New Loan Term Policy

  1. Effective March 15, 2022, Pawnhero Pawnshop Philippines, Inc. (“PawnHero”) shall have a maximum 3-month initial loan term for all new loans secured by personal property except for electronic gadgets;
  2. Maximum of 1-month loan term and no renewal shall still apply for electronic gadgets.

New Renewal Policy

  1. Effective Feb. 15, 2022, Pawnhero Pawnshop Philippines, Inc. (“PawnHero”) shall allow a limit of up to three (3) renewal applications (with the exception of the provision on #3) for all new loans secured by personal property other than electronic gadgets.
  2. One (1) loan renewal application shall be equivalent to 1 month loan renewal.
  3. Even though the loan renewal limit has not been reached, loan renewal applications shall be declined if the cumulative number of loan renewal applications exceed 3 months. Refer to “Illustration 4” for a sample.
  4. Loan renewal shall remain unavailable for electronic gadgets.
  5. The three-renewal limit policy shall not apply to existing loans made prior to Feb. 15, 2022.
  6. PawnHero shall issue a new pawn ticket indicating the new term of the loan agreed upon by PawnHero and pawner relating to the renewal.

See sample below.

How to Pawn

How to #PawnSafelyAtHome (Web and App)

  1. Click Pawn Now to pawn your valued item and create your pawn ticket.
  2. Fill out the required details of your online pawn ticket then book your item pick-up schedule. Our certified in-house courier (Pawntrooper) will be at your specified address to pick up your collateral. Enjoy loan approval within 1 DAY only after your collateral has been picked up and appraised!
  3. Once you've accepted our final loan offer, you may opt to cash out via bank transfer or any InstaPay and PESONet partner banks and electronic money issuers. Fast and secure!

Enjoy convenient online transaction even after you #PawnSafelyAtHome! You may pay redemption of pawned items online and submit your proof of payment through the PawnHero website.

How to Pawn Privately at the PawnHero Pawnshop Lounge - BGC, Taguig

  1. Via web or app, click Pawn Now to pawn your valuable item and create your pawn ticket.
  2. Fill out the required details of your online pawn ticket then book your walk-in schedule.
  3. Once you have arrived at the PawnHero Pawnshop Lounge, you will be assisted by our trusted loan support team throughout your loan application journey and our expert in-house appraisers will determine the valuation of your asset based on the current physical condition of your item and its current value in the market.
  4. Once you've accepted our final loan offer, you will receive your cash on the spot real time. You may also opt to cash out via bank transfer or any InstaPay and PESONet partner banks and electronic money issuers. Fast and secure!

Enjoy convenient online transactions even after you pawn privately from the PawnHero Lounge! You may pay renewal or redemption of pawned items online and submit your proof of payment through the PawnHero web or app.

Feedback

What our customers are saying:

Requirements

IDs Accepted

On or before the commencement of transaction, pawner must present the original and submit a copy of at least one (1) of the following valid photo-bearing identification document issued by an official authority:

  • Passport
  • Driver's License
  • Professional Regulation Commission (PRC) ID
  • National Bureau of Investigation (NBI) Clearance
  • Police Clearance
  • Postal ID
  • Voter's ID
  • Barangay Certification
  • Government Service Insurance System (GSIS) e-Card
  • Unified Multi-Purpose ID (UMID) Card
  • Social Security System (SSS) Card
  • Senior Citizen Card
  • Overseas Workers Welfare Administration (OWWA) ID
  • OFW ID
  • Seaman' Book
  • Alien Certification of Registration/Immigration Certification of Registration
  • Government Office or GOCC ID
  • Certification from National Council for Welfare of Disabled Persons (NCWDP)
  • Department of Social Welfare and Development (DSWD) Certification
  • Integrated Bar of the Philippines ID
  • Company ID issued by private entities or institutions registered with or supervised or regulated either by the BSP, SEC or IC
  • PhilID or National ID

For pawners that are juridical persons, the documents below must be submitted as a valid form of identification.

  • For sole proprietor - Certificates of Registration issued by the Department of Trade and Industry (DTI)
  • For corporation/partnership -
    • Certificate of Incorporation/Partnership issued by the Securities and Exchange Commission (SEC);
    • Articles of Incorporation/Partnership;
    • Registration Data Sheet/Latest General Information Sheet; and
    • Secretary's Certificate citing the pertinent portion of the Board or Partners' Resolution authorizing the signatory to sign on behalf of the entity
  • For business supervised by the Bangko Sentral ng Pilipinas (BSP) - Certificate of Authority
  • For business covered by the Anti-Money Laundering Council (AMLC) - Certificate of Registration
  • For entities registered outside of the Philippines - similar documents and/or information duly authenticated by a senior officer of the covered person assigned in the country of registration; in the absence of said officer, the documents shall be authenticated by the Philippine Consulate, company register or notary public, where said entities are registered.

Additional Requirements

For some instances, pawners are required to submit the following documents and information:

For Natural Person

  1. Utility bills, bank or credit card statement, or other documents showing the permanent address;
  2. Document/s supporting the source of fund and wealth, and the nature of occupation and/or business (e.g., Income Tax Return, Certificate of Employment with Salary Details, Registration Data Sheet, General Information Sheet, Articles of Incorporation, Articles of Partnership);
  3. List of companies where pawner is a stockholder, director, officer, or authorized signatory; and
  4. Reason/s for pawning

For Juridical Person

  1. Utility bills, bank or credit card statement, other documents showing the business address;
  2. Supporting information on source of funds, and nature of business(e.g., Income Tax Return, Audited Financial Statement, Bank References);
  3. Details of the name, present address, nationality, date of birth, nature of work, contact number and source of funds of the primary officers, the stockholders and the directors;
  4. Valid ID of primary officers, stockholders and directors; and
  5. Reason/s for pawning

Renewals, Redemptions, and Payments

How to Renew

With the convenient technology of PawnHero, you may now request to renew your loan anywhere online using the PawnHero website. No need to go out and visit the PawnHero Pawnshop lounge in BGC. Manage your pawn ticket through this link: https://pawnhero.ph/guest

You may pay renewal of pawned items online and submit your proof of payment through this link: https://pawnhero.ph/manage/confirm_loan_payment

How to Redeem

Just like how you can renew online, with the convenient technology of PawnHero, you may now request to redeem anywhere online using the PawnHero website. You may choose to have your item delivered right at your specified location (subject to PawnHero area of service coverage) or visit the PawnHero Pawnshop lounge in BGC. Manage your pawn ticket through this link: https://pawnhero.ph/guest

You may pay redemption of pawned items online and submit your proof of payment through this link: https://pawnhero.ph/manage/confirm_loan_payment

Payment Methods for Loan Renewal and Redemption

You may pay via these payment methods:

  • Over-the-Counter
  • Cash Payment
  • Online Bank Payment
  • 7-Eleven (7 Connect Service)
  • Coins.ph

*Transaction and service fees may apply.

Frequently Asked Questions (FAQs)

Terms and Conditions

  1. The pawner hereby accepts PawnHero's appraisal as proper.
  2. The pawner agrees on the interest rates imposed in this contract of pledge. In case of dispute, the regular courts of law have the vested power to determine the reasonableness and legality of interest rates. PawnHero hereby agrees not to collect advance interest for a period of more than one (1) year.
  3. The service charge is equivalent to one percent (1%) of the principal loan, but shall not exceed five pesos (P5.00). No other charges shall be collected.
  4. This loan is renewable for such amount and period as may be agreed upon between PawnHero and the pawner subject to the same requirements for a new loan.
  5. Upon maturity of this loan, as indicated on the face of this pawn ticket, the pawner has ninety (90) days from maturity date within which to redeem the pawn by paying the principal loan plus the interest that shall have accrued thereon.

Regulatory Issuances

BSP Issuances

Manual of Regulations for Non-Bank Financial Institutions, and Issuances of the Bangko Sentral ng Pilipinas and Other Government Agencies

Manual of Regulations for Non-Bank Financial Institutions (“MORNBFI”)
The MORNBFI is designed to be an authoritative codification of regulations governing non-bank financial institutions supervised by the Bangko Sentral ng Pilipinas (“BSP”) such as pawnshops.

Upload a pdf copy of MORNBFI (https://www.bsp.gov.ph/Regulations/MORB/2018MORNBFI.pdf)

AMLC Issuances

2018 Implementing Rules and Regulations of Republic Act No. 9160, Otherwise Known as The Anti-Money Laundering Act of 2001, as Amended

Excerpts:

Required Identification Data from Natural Persons

For customers who are natural persons, covered persons* shall gather the following identification information and ID before or during account opening or onboarding:

(a) Identification Information:

  1. Full name;
  2. Date of birth;
  3. Place of birth;
  4. Sex;
  5. Citizenship or nationality;
  6. Address;
  7. Contact number or information, if any;
  8. Specimen signatures or biometric information;
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