Pag-Asa Pawnshop in the Philippines

Davao Ros-Ver Pawnshop has been in the pawning business since 1987. Through the years of serving Davaoeños with our splendid pawning service, we built a reputation of being the most trusted pawnshop in Davao area. As a result, we twigged out 75 more branches all throughout Mindanao and in Cebu and made a new brand, […]

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DAVAO ROS-VER & NEW PAG-ASA https://upfinance.com/app/uploads/2020/01/Без-названия-14.png
102v Ilustre St, Poblacion District, Davao City, 8000 Davao del Sur
(082) 224 1204,
Interest rate 5% - 6%
Loan tenure from 1 to 4 months
Approval duration Up to 1 hours
Min. monthly income1

Davao Ros-Ver Pawnshop has been in the pawning business since 1987. Through the years of serving Davaoeños with our splendid pawning service, we built a reputation of being the most trusted pawnshop in Davao area. As a result, we twigged out 75 more branches all throughout Mindanao and in Cebu and made a new brand, called New Pag-Asa Pawnshop.
Now, Davao Ros-Ver & New Pag-Asa Pawnshop continue the custom on being fast, reliable, safe, honest and exceptional on its pawning services. With our low advance interest going as low as 5% on small items and 6% on bulky items per month plus our high, reasonable and on point appraisal value, we became the peoples go to pawnshop.

Pawning

Interest Rates: 
5% per month on: jewelries, watches, cellphones
6 % per month on bulky items: appliances, computer, power tools and etc
Pawn:
– gold, diamond, and platinum jewelry
– watches
– cellphones
– power tools
– musical instrument
– laptop computers and etc.
The service charge: 1% of the principal loan, but not exceeding Php5
Payment terms: Up to 4 months
Approval time: Up to 2 hours

Calculate loan

 

Loan Calculator

%
Monthly payment
₱ 888.49
Total overpayment
₱ 661.85
Total
₱ 10661.85

Product Features

Min. financing amount ₱5000
Max. financing amount Up to ₱100000
Min. loan tenure 1 months
Max. loan tenure 4 months
Interest rate 5% - 6%
Approval duration Up to 1 hours
Debt consolidation Yes

Example of calculating interest and loan payments

TERM 1 months 2 months 3 months 4 months 4 months
LOAN AMOUNT ₱50000 ₱50000 ₱50000 ₱50000 ₱50000
FEE 5% 5% 5% 5% 5%
INTEREST AMOUNT ₱208 ₱417 ₱625 ₱833 ₱833
TOTAL REPAYMENT ₱50208 ₱50417 ₱50625 ₱50833 ₱50833

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

The Bank does not accept household appliances, phones, or designer bags as collateral, unlike some Pawnshops. In addition, the Bank has interest rates-3% or 4% per month, and in pawn shops, interest rates usually range from 2% to 4% per month and the Bank requires proof of solvency.

The maximum term is 4 months.

To obtain a Pawn loan, you need a document proving your identity and the jewelry left as a collateral. No other documents are required.

The Pawnshop will sell your jewelry.

Contacts

Full company name DAVAO ROS-VER & NEW PAG-ASA
Address 102v Ilustre St, Poblacion District, Davao City, 8000 Davao del Sur
Phone number (082) 224 1204
E-mail
Social networks

User rating

Reviews