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Cash Advantage
Gray, Palmerston (08) 8932 5588 Stuart Park, City (08) 8921 1841

Pawnbroking

Get instant cash using your quality goods as collateral.

How does it work

Borrow cash instantly using your quality Goods as collateral. We trade in high quality second hand goods, therefore we can pay better prices and charge lower interest fees than other pawnbrokers.

Simply pledge your quality goods, collect your cash and then redeem them within the loan period! A Pawn contract runs for 1 calendar month and attracts an interest rate of 30%.

Why Cash Advantage?

We are Darwin’s most experienced pawnbroker (since 1988) with locations servicing Palmerston and the Darwin city region, making it easier to access fast cash from people you can trust! It doesn’t matter which store you go to, you will be catered for in a professional friendly way.

Awesome Discount Deal: For ALL loans over $100: Pay just 10% interest if you pick up your goods within 10 days, pay 20% when it is under 20 days! SAVE SAVE SAVE when it's short term!

Stock Disposal

We acquire new stock every day so be sure to visit one of stores to find a quality bargain. You can even check out our eBay store, or Gumtree Listings. which are stocked daily.

ID Requirements

Northern Territory legislation requires any current photographic government issued ID such as:

  • Drivers License (any state or territory)
  • Passport
  • Evidence of Age
  • Larrakia Nation Card
  • Government issued identification e.g. ADF or Crowd Control License

If you have nothing photographic then you may provide 2 non photo government issued secondary ID cards such as:

  • Centrelink Health Care or Pension Cards
  • Birth Certificates/ extracts
  • Medicare Card

For new and interstate clients we ask for proof of local residence if using interstate identification.

Frequently asked questions

How does a pawn work?

A pawn is another term for a collateral based loan. Pawnbrokers lend money on items of value ranging from gold jewellery, tablets, flat panel TVs, household items and more. Loans are based on the value of the collateral pledged. To receive their goods back, customers pay back the amount they initially borrowed plus a fee. You may also choose to surrender your collateral as payment in full. Pawn shops may offer extensions and renewals where additional interest is charged.

How much should I expect for a loan on my item?

Loan amounts vary according to the value of the item. Your loan amount will be determined according to factors such as demand and condition of the item.

Is Cash Advantage regulated?

Yes, we are 100% compliant of the Pawnbroker and Second-hand Dealer Legislation Part 14 of Consumer Affairs and Fair Trading Act.

Do most pawn customers lose their stuff?

At least 80 percent of all our pawn loans are repaid. Repeat customers make up a majority of our business, similar to any other lending or retail establishment. We are all about establishing good relationships with our customers, often having them pledge the same item a multitude of times.

Why would someone go to a Cash Advantage to get a loan?

Cash Advantage offers a quick, easy and confidential way to borrow money. A short-term cash need can be met with no credit check or legal consequences if the loan is not repaid. Where other lenders require a discipline for the borrower to maintain their financial stead, we do not cause you to overextend credit or go into bankruptcy.

How do you determine the value of the item?

We base the value of the item on current appraised value, its current condition and the ability to sell the item. We use many online research tools that we have to our disposal to determine an item’s value and get you the most money for the item. The appraisal process varies depending on the type of item—for example, jewellery is evaluated differently than a tool item.

How can I be sure the merchandise I buy at a Cash Advantage isn’t stolen?

Less than one tenth of one percent of all pawned merchandise is identified as stolen goods. [one in 1000!!!] That’s because customers must provide positive identification and a complete description, (including serial numbers) of the merchandise. All of this information is cross referenced with Territory police data bases on a regular basis, which dramatically decreases the likelihood that a thief would bring stolen merchandise to a pawn store. Put simply dodgy people avoid us!

Check out our fast and easy quick cash services

We’re a trusted local business that’s been serving Territorians for over 25 years.

2 easy locations in Darwin and Palmerston

Local people you can trust

Cash Advantage has been funding Territorians since the 80's! We back up our safe and trusted products with professional and friendly service.

Low 10 day 10% Interest for all Pledges over $100

You won't find a better deal anywhere in Darwin!

Trusted Lending Partner

Cash Advantage is an agent for Shimtec PTY LTD Trading as Sure Cash Finance Australian Credit Licence Number 390591

© 2024 Cash Advantage

Legals

Disclaimer and important things you should know

A.H Enterprises Pty Ltd (ABN 62 009 642 273) trades as Cash Advantage and operates as an Authorised Credit RepresentaƟve (ACR 545948) for Sure Cash Finance, Australian Credit Licence 390591 (Shimtec Pty Ltd ACN 001928516). We are the longest oldest Pawn-broker in the Northern Territory, assisting Territorians since 1988.
We were the first to offer payday loans in the NT way back in 2004. To apply online you will be taken to the Sure Cash Finance Website.

Fee Disclosures

We offer Small Amount Credit Contracts (SACC Loans) up to $2000. These SACC loans are charged as follows: 20% establishment fee and a 4% monthly maintenance fee. (An APR does not apply to loans $2000 or under). The term of these loans is between 3 - 12 months.

$1000 SACC loan example: A loan of $1,000 for a 6 month (26 weeks) term has a weekly payment of $55.39 with the fees and charges totalling $440 (this includes a $200 establishment fee and $240 total cost of maintenance fees for this term), making the total pay back amount of $1440* Different amounts, different loan start dates and/or first payment date and different terms will result in different payment and total payback amounts. The maximum you will be charged is a flat 20% establishment fee and a 4% monthly maintenance fee. The above example is if all payments are made on time and excludes any unascertainable fees and charges.

Our Medium Amount Credit Contracts (MACC Loans) range from $2001-$5000. These MACC loans are charged as follows: $400 establishment fee and maximum APR of 48%. The term of these loans is between 3-24 months. $2500 loan example: A loan for $2500 for a 6 month (26 weeks) term has a weekly payment of $125.46 and the interest, fees and charges totalling $773.83 (this includes a $400 establishment fee and $373.83 in reducing interest charges) making the total pay back amount of $3,277.83. Different amounts, different loan start dates and/or first payment date and terms will result in different payment and total payback amounts. The annual percentage rate (APR) on the MACC loan product is 48% per annum. The above example is if all payments are made on time and excludes any unascertainable fees and charges.

Cash Advantage (AFCA Member # 76754)and its partners pracƟce responsible lending. All loan products are provided by Shimtec Pty Ltd ACN 001928516 T/as Sure Cash Finance Australian Credit Licence 390591 and is a member of the Australian Financial Complaints Authority (AFCA) member number 43334. Please refer to Terms & Conditions for all loan products provided by Sure Cash Finance.

Warning about borrowing

Warning about borrowing

WARNING – Do you really need a loan today?* It can be expensive to borrow small amounts of money and borrowing may not solve your money problems.

Check your options before you borrow:

For information about other options for managing bills and debts, ring 1800 007 007 from anywhere in Australia to talk to a free and independent financial counsellor
Talk to your elecricity, gas, phone or water provider to see if you can work out a payment plan
If you are on government benefits, ask if you can receive an advance from Centrelink: www.humanservices.gov.au/advancepayments

Go to www.moneysmart.gov.au - MoneySmart shows you how small amount loans work and suggest other options that may help you.

* This statement is an Australian Government requirement under the National Consumer Credit Protection Act 2009.