Mansfield: 01623 429 502
Long Eaton: 0115 972 8330
Ilkeston: 0115 930 6679
Nottingham: 0115 947 4559
Beeston:
0115 925 0055
Bulwell:
0115 975 3702
At Cash Monkey and CM Money Shop we have offered a fast and friendly service to all our customers and we endeavour to ensure this going forward.
We also won’t be beaten on price! Our experienced staff will always ensure the best prices offered for your goods, guaranteed!
Pop into one of your local branches to take advantage today!
What is Pawnbroking?
Pawnbroking is where you take out a short term loan (usually 6 or 7 months) against an item of value. These items could be gold, diamond jewellery, watches, designer luggage etc.
Take your item into any Cash Monkey or CM Money shop branch where a member of our team will be happy to appraise and offer you an amount based upon the items value. This will be stored safely and securely until the loan is repaid.
At any time during the period of your loan, you can make payments against it to suit you. This would reduce the cost of the loan. Interest does accrue on a daily basis and our representative APR is 98.6%. Once the loan is repair in full, you receive your item back.
How much can you borrow against an item?
Cash Monkey and CM Money Shop can lend anything from £100 to £100,000 dependant on your needs and our valuation fo the item.
What is the cost of a Pawnbroking loan?
At Cash Monkey and CM Money Shop our interest rates vary according to how much you borrow. Contact any of our branches for more information.
Representative example:
Total amount of credit - £150 for 7 months
Total amount payable - £223.50
Total charge for credit - £73.50
Interest rate 84% pa (fixed) equivalent to 7% per month
Representative APR 98.6%
Pawnbroking loan terms : up to 7 months
Ilkeston Trading Limited are authorised and regulated by the Financial Conduct Authority for the provision of pawnbroking loans. Our firm reference number is 820279 and we can be found on the Financial Services Register.
So if you're on the hunt for a beautiful piece of jewellery or the latest games console - or if you need cash right now to pay a bill - Cash Monkey have branches across the region who can help.
016 2342 9502 (Mansfield), 011 5947 4559 ( Nottingham ), 011 5930 6679 ( Ilkeston ),
011 5972 8330 (Long Eaton ), 011 5925 0055 (Beeston) or 011 5975 3702 (Bulwell)
What is an APR?
An APR (Annual Percentage Rate) is the cost of credit expressed as a yearly rate. A Pawnbroking Loan is not designed to be a long-term loan. A Pawnbroking Loan charges interest daily which means the cost of credit could work out to be cheaper than unauthorised bank fees.