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Pawnbroking Loans

online pawnbroking loans

Pawnbroking COVID-19 Q&A

Please accept our apologies that the situation regarding COVID-19 has caused you uncertainty regarding your pledged goods and ability to get a pawnbroking loan.

As you will appreciate we have to follow Government guidance, have a responsibility to our staff, you our customers and the wider public and temporarily closing our stores was the best course of action to achieve this. Your pledged items are safe and you will not be disadvantaged regarding interest and charges due to store closures.

Q: Are your branches open?
A: Our branches are temporarily closed in line with the most recent Government guidance. If you wish to speak with someone, you can call us on 01642 579957 or can e-mail

Q: Your branches are closed and I need to either renew or pick up my pledge.
A: All pledged items remain safe. Your pawnbroking loan will be available for redemption when we re-open. Customers will not be dis-advantaged regarding interest and charges due to store closures.

Q: What happens if I can’t repay my pawnbroking loan?
A: We understand that the current situation has created much uncertainty. We are happy to help and would recommend that you call in to see our friendly staff when our stores re-open.

If your financial circumstances have changed or you feel about to change adversely, we can work with you during this difficult time to get to the best outcome for you.

If you wish to speak with someone, you can call us on 01642 579957 or can e-mail

Q: Can I apply for a Pawnbroking loan online, even though your branches are closed?
A: Yes – please click the button below for further details:



A quick, easy and straightforward way to borrow money

What is a Pawnbroking Loan?

A Pawnbroking Loan is a short-term loan secured against items of gold, silver, diamond jewellery or quality watches. The amount of the loan is dependant on the item(s) provided as security.

Simply take an item of value in to your local Ramsdens branch, our trained staff will value your item and agree a loan amount with you that you feel comfortable about repaying. We give you the cash and keep your items safe and secure until you come back to repay your loan.

During the term of the loan you can make payments of any amount and at any time to suit you. By making these payments you will reduce the cost of your loan. When you make your final payment to repay the loan you will receive your item(s) back.

Interest accrues on a daily basis therefore the sooner you repay the loan the cheaper it is. Our monthly interest rates are lower than our main competitors and our representative APR is 154.08% for a primary 6 month loan term.

Ramsdens also provide Pawnbroking Loans to small and medium size business owners.

How much can you borrow against your item(s)?

At Ramsdens you can borrow from £10 to £100,000 subject to the assessment of your item(s).  Ramsdens could lend up to 75% of the pre-owned item value dependent on the quality of the item(s).

What does a Pawnbroking Loan cost?

Our interest rates are variable depending upon how much you borrow. Contact us for more information or visit your local branch.

Representative Example
Total amount of credit £200.00 for 6 months
Total amount payable £318.80
Total charge for credit £118.80
Interest rate 118.80% pa (fixed) equivalent to 9.90% per month
Representative APR 154.08%

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. (Representative APR 154.08%)

What happens if the loan is not repaid?

In the event of you being unable to repay your pawnbroking loan, your item(s) will be sold in order to repay the amount outstanding. If the proceeds of the sale are greater than the amount due under the loan, including the costs incurred for selling the items, these monies will be repaid to you.

What do Ramsdens lend against?

At Ramsdens you can borrow cash against your gold, silver, diamond jewellery and quality watches. Some of the more common items we regularly lend against for our customers include: Ladies Rings, Gents Rings, Diamond Rings, Earrings, Necklaces, Bracelets, Bangles, Anklets, Pendants, Chains, Chokers, Pure Gold, Brooches, Victorian Gold, Gold Coins, Antique Gold, Gold Bars, Vintage Gold, Ingots, Asian Gold, Gold Watches, Diamond Set Pendants. Gents and Ladies Watches from brands including Rolex, Breitling, Omega and Cartier.

Please contact us if you have any queries regarding the items listed above.

How do I get a Pawnbroking Loan?

Visit one of our branches or apply online to get a pawnbroking loan.