How Does Pawnbroking Work?

Pawnbroking is a simple way by which you can get cash.

Loans are quick to arrange. Simply take your gold jewellery to any Ramsdens branch and we will offer you a loan against it for £10 or more.

Ramsdens give you up to seven months to repay the loan plus a small interest charge and you then receive your jewellery back.

OR when your loan expires, if you prefer, you can re-new your pledge/pawn/loan by paying the interest only. This will give you a further seven months to repay the original loan and your jewellery is kept safe.

Ramsdens are the largest independent Pawnbroker in the UK and are renowned for lending you the most on your gold, diamonds and/or quality watches.

Ramsdens are also proud to be members of the National Pawnbrokers
Association (N.P.A). Click on the NPA logo below to visit the NPA web site.

Frequently Asked Questions

What identification will I need?
You will need something with your name and address on such as your driving licence or a utility bill.  The list of acceptable identification is quite long so please contact your local Ramsdens branch if you have any questions.

How long can I borrow for?
Your loan will initially be for a seven month period.  You can repay the loan at any time you wish within that seven months however you can also extend the loan by paying the interest only. Loans can be extended as many times as you wish.

Can I re-new my loan?
Yes, this can be done by paying the interest only at any point in time. By paying the outstanding interest you will re-new your loan for a further seven months. This can be done as many times as you wish.

What happens if I lose my pawn ticket/receipt?
You are still able to redeem your loan and get your jewellery back.  You will simply need to call into your Ramsdens branch and they will arrange for the required documentation to be completed.

Can I pawn my silver?
Yes, Ramsdens can offer you a Pawnbroking Loan against your silver.

Can I pawn electrical items e.g. a camcorder?
No, Ramsdens only accept gold jewellery.

Can I pay back my loan early?
Yes, you will only be charged interest to that period in time.