FAQ

What is the penalty for missing a repayment?
The additional interests will be charged on a pro rata basis when missing a monthly repayment. We will give you order to rectify it as soon as possible. Should you default pass the loan period an addition arrangement will be made to allow 7 days of repayment, however after this period Car Pawn Mania reserves the right to sell the vehicle to compensate for the financial loss of Car Pawn Mania. You will then not be held liable to repay the loan as Car Pawn Mania will use the vehicle as payment.
What is the repayment period?
The loan is a short-term loan and needs to be paid back in the time period agreed upon, which can be 1-3 months.
What Interest rate is charged?

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How long does it take for me to receive my cash loan?
Once your loan has been approved the cash will be in your account between 1-24 hours.
Do the repayments come off my account through a debit order?
Yes, a debit order will come off your account on the given date and for the given amount.
How many months do I have to pay off my loan?
1-3 Months options available with interest on a monthly basis.
What if I cannot afford to repay the loan?
There must be a legitimate reason for not being able to pay back the loan in the first month. Should you default pass the loan period an addition arrangement will be made to allow 7 days of repayment, however after this period Car Pawn Mania reserves the right to sell the vehicle to compensate for the financial loss of Car Pawn Mania. You will then not be held liable to repay the loan as Car Pawn Mania will use the vehicle as payment.
What are the minimum and maximum loan amounts?
30% of the vehicle value, taking into account damages that can be deducted from this percentage.
How will I know if I qualify for the amount applied?
Once you have done the application and submitted all the required documents, we will do a credit check and assess your affordability before issuing any cash loans.