Need a Loan?

At Pennywise we have been helping our customers with simple short term pawn loans since 1995. Simply bring in an item of value along with photo identification and we will assess on the spot whether we can offer you a loan and how much.

Pawn Loans are a 3 month contract with interest calculated monthly meaning the sooner you re-pay the loan, the lower the interest will be. We also offer a discounted rate of interest for loans repaid within 14 days to help you save.

We can loan against a large array of goods with the most common items being mobile phones, Jewellery, gaming consoles, laptops, TV’s and tools. Don’t be shy if you have something a little unique, as we are open to assessing any item you bring in as potential security against your loan.

What happens if I can’t repay my loan at the end of the 3 months?

If you would still like to keep the loan active beyond the 3 months then an extension can normally be organized by contacting us here and just making a repayment of 1 months' interest to keep your loan active. If you are not able to repay your loan at the end of the 3 month contract and do not wish to enter into an extension arrangement, your item/s will be surrendered and loan contract finalized.

How much is the interest?

Our base rate of interest is 35% calculated monthly from the date of your loan and for loans repaid within the first 14 days we offer a 40% discount on the interest amount.

What if I just want to sell my goods?

We also purchase second hand items and can assess your items on the spot and purchase from you. This can be a great way to unlock $$ from items that you may not be using anymore

What if I don’t have any items of value to pawn but I still need a loan?

As of 1st December 2019 we ceased issuing SACC (Small Amount Credit Contract) loans, also known as 'Pay Day Loans' being short term loans without security.

Already have a loan?

If you already have a loan and would like to contact us about it, please contact the specific store location that issued your loan and they will be more than happy to assist you. For contact details see your loan contract or link here to view the contact details of all our locations.

Can I make payments online?

Head to www.pay.pennywise.net.au and enter the 6 digit code on the bottom of your loan ticket to make interest payments.  To pay off your loan in total we require this done in-store so that you can collect your items at the same time.