Quick Cash | Cape Town’s Top Auto Pawn Shop

Cape Town’s top auto pawn shop

Are you looking for quick cash but don’t have a great credit score?

At Pawn My Car, we offer same-day loans against fully-paid vehicles in Cape Town with no credit checks required.

Branch on Strand Street, Cape Town

To ensure our Cape Town auto pawn shop service is as accessible as possible, we’ve established a branch in the CBD.

You can call us on 021 419 1113 or submit your details online. We’ll get back to you asap:

  • with an initial offer of a short-term collateral loan, and
  • to set up a date and time for a physical vehicle appraisal.

The Pawn My Car Cape Town auto pawn shop is conveniently located on Strand Street in the Cape Town CBD.

Very fast auto pawn shop loans

A streamlined loan application process – and the fact that no credit checks or affordability assessments are required – enables the rapid release of funds.

Auto pawn shop loans in Cape Town are typically processed within 24 hours.

Competitive rates and no ‘funny business’

Our Cape Town auto pawn shop service is transparent, confidential and affordable.

Interest rates fall within the guidelines established by the National Credit Act (NCA), and there are no hidden fees or early-settlement penalties.

The terms of the loan are clearly outlined in the loan agreement, which is signed by both parties.

A division of an FSP registered with the National Credit Regulator

Pawn My Car is a division of a registered finance provider in South Africa.

Our Cape Town auto pawn shop service adheres to a strict code of conduct defined by the NCA.

If, for any reason, you feel you have been unfairly treated, the National Credit Regulator is mandated to intervene, and enforce the provisions of the NCA.

Completely discreet auto pawn service

At Pawn My Car, you can rely on a discreet auto pawn service.

We don’t share details of our transactions with credit agencies, and there are no credit-related consequences if you default on the loan.

The agreement is kept strictly confidential at all times.

Reliable and safe

In the interests of safety, we’ve set up an initial loan application process online.

Subsequent contact is at our physical branch in the Cape Town Central Business District.

The entire process is designed to be transparent and efficient. A number of our clients have given us a firm thumbs up:

Eric says: “Thank you, PMC. You saved my month.”

Karen claims Pawn My Car “helped me fund my business.”

Mark found PMC to be “quick and simple.”

Many years’ experience serving the South African market

Pawn My Car is a well-established finance provider, with a national footprint.

Our Cape Town auto pawn shop service was established in 2013.

As well as a Cape Town facility, we have branches in Sandton, Durban and Port Elizabeth.

Contact our centralised call centre on 0861 112 866 to learn more about our quick, discreet and reliable auto pawn loans or simply submit a loan application online.

Complete an application now

APR & Loan period

Fixed rates range from 36% to 60% APR and payment options range from minimum 3 to maximum 24 months. Apart from the initiation and monthly fees shown below, the only additional fee is credit life insurance if the borrower does not have this already.

Renewals

All accounts may be renewed if they are up to date.

Collection

All payments are made via EFT or direct deposits into Lamna’s bank account. There are no debit orders.

Non-payment

Non-payments may result in the matters being escalated.

Illustrative example

Client borrows R10,000 for 90 days.

Loan
Amount
Repayment Period
Monthly Repayment
Total Cost of Loan
Initiation
Fee
Monthly Fee
(Interest + Service Charge)
APR
Loan Amount

R10,000

Repayment Period

3 months

Monthly Repayment

R560

Total Cost of Loan

R12,370

Initiation Fee

R1,000

Monthly Fee (Interest + Service Charge)

R650

APR

60%