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 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 loanLoan Calculator
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 |
| Social networks |
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