CVM Pawnshop

Carmelita Vicencio Manlapaz and her family started out as palengke seafood sellers in the 70s. By pawning her wedding rings, along with other valuables, she was able to make ends meet and eventually own a business. When her seafood business grew and became a success, she established CVM Pawnshop and Money Changer Corp. so she […]

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CVM Pawnshop https://upfinance.com/app/uploads/2020/01/Без-названия-3.jpg
1192 A.H. Lacson st., corner Dapitan st., Sampaloc, Manila
 (02) 8706 5326  (0943) 142 4125, askCVM@cvmpawnshops.com
Interest rate 3% - 13%
Loan tenure from 1 to 3 months
Approval duration Up to 24 hours
Min. monthly income

Carmelita Vicencio Manlapaz and her family started out as palengke seafood sellers in the 70s. By pawning her wedding rings, along with other valuables, she was able to make ends meet and eventually own a business. When her seafood business grew and became a success, she established CVM Pawnshop and Money Changer Corp. so she could help others achieve their dreams, just like she did during her palengke years.

The first branch opened to the public on January 16, 2005, in Rosario, Pasig City, quickly followed by a second branch at the New Taytay Public Market in Rizal. Now with 100+ branches nationwide, CVM Pawnshop has become the country’s top gadget pawnshop best known for its Masarap Kausap service.

Pawn:
- Cellphone
- Laptop, Tablet, Macbook
- DSLR, GoPro
- Smart Watch
- Hard Drive
- PS Vita, Nintendo 3DS
- Jewelry

Product Features

Min. financing amount ₱10000
Max. financing amount Up to ₱100000
Min. loan tenure 1 months
Max. loan tenure 3 months
Interest rate 3% - 13%
Approval duration Up to 24 hours
Debt consolidation Yes

Example of calculating interest and loan payments

TERM 1 months 2 months 3 months 4 months 3 months
LOAN AMOUNT ₱50000 ₱50000 ₱50000 ₱50000 ₱50000
FEE 3% 3% 3% 3% 3%
INTEREST AMOUNT ₱125 ₱250 ₱375 ₱500 ₱375
TOTAL REPAYMENT ₱50125 ₱50250 ₱50375 ₱50500 ₱50375

Fees & Charges

One time setup
Processing fee
Stamp duty
Disbursement & misc. fee
Annual fee
Other fees
Penalties
Early settlement
Late payment charges
Other penalties

Eligibility

Age requirement
Employment eligibility
Min. salary requirement ₱ gross per month
Guarantor / Collateral requirement Yes

Other Requirements

Need to open linked banked account? Yes
Other details

FAQ

You need to follow the link and register on the company website. After registration you will be available credit limits

The loan can be received by any adult person who has a telephone and a document for identification.

There are many companies in the market that you can turn to, so we advise you to give preference to several organizations in order to be able to choose from several organizations.

Of course! But it has various consequences. But we by no means advise doing so.

Contacts

Full company name CVM Pawnshop
Address 1192 A.H. Lacson st., corner Dapitan st., Sampaloc, Manila
Phone number  (02) 8706 5326  (0943) 142 4125
E-mail askCVM@cvmpawnshops.com
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