Vehicles aren’t usually considered assets, but a paid-off bakkie can be a good source of funds if you’re stuck for cash. The best part is you don’t have to sell your bakkie. Instead, use it as security for a short-term, asset-based loan from Pawn My Car. How do you use a bakkie to get a…

Unexpected medical bills, car repairs, retrenchment or a range of other factors can all put pressure on your finances, making it necessary to secure extra funds. Instead of doing something drastic like selling your car, you can use the vehicle to secure a short-term, asset-based loan from a reputable financial services provider, such as Pawn…

With the exception of certain classic cars, motor vehicles typically lose value over time. However, there are some simple, fairly economical steps you can take to add to the value of your car, to maximise the price you can sell it for or the loan amount you can use it to secure. 1. DIY repairs…

You’re in a bit of tight financial spot and need cash in a hurry. Pawning your car for cash is a feasible solution. But before you rush off to the nearest lender, there are crucial factors to consider. The loans provider Who you borrow money from is the most important decision you’ll have to make….

Pay off a loan faster, and it will cost you less in interest – but especially when times are tough, how can you go about doing this? We offer some simple strategies for paying off any type of loan, from credit card debt to a small bank loan, car loan or asset-based loan. First, check…

When you apply for a loan there’s always the possibility, no matter how slight, that your application might be rejected. It can be a little disheartening if this happens, but it’s by no means the end of the road. You still have some options if the bank or money lender rejects your application. We take…

It seems everything from shopping to making doctor’s appointments is moving online. Banking is no exception, with most transactions now available online or via a banking app. Loans can be obtained online too and, in some cases, the entire process is handled virtually. With the number of online services offering loans on the rise, a…

Whether it’s good or bad debt, owing money is something that most of us have to live with. From home loans to credit card payments and even gym memberships, monthly payments can eat into your salary and make it hard to get by every month. When debt gets out of control, it can lead to…

Do you have a small truck or bakkie for your business, or as a personal vehicle? With Pawn My Car, it’s fast and convenient to use a truck to get a loan. Using a light or medium commercial vehicle or a bakkie, you can access funds fast – without having to sell the vehicle. How…

With spiralling costs, a weak rand and comparatively low salaries, many South Africans are struggling to make ends meet. At the same time, financial institutions are tightening their lending policies. In this context, using a paid up vehicle to secure a short-term, asset-based loan is an attractive option. However, we strongly advise against the many…