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Have you experienced pawning your gadgets?
#1
I haven't experienced pawning my gadgets yet but one time our neighbor asked my mom if she could redeem his tablet (samsung) in the pawnshop because it's going to be due in few days. If she's going to redeem, it hers already she's the new owner of the tablet. My mom was happy because she got a tablet for a lower price.  Big Grin 

Pawning a gadget is also a great way to have loans. You can pawn your smartphones, laptops, tablets and other gadgets that are valuable. Have you experienced pawning your gadgets to a pawnshop or to anyone else? How's the experience?
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#2
Yes I agree with you. And if you want, you can also choose not get your pawn items back, that if you don't need it anymore. Pawning is like selling items but in a easy way because you don't have to go to the hustle of looking for buyers, you just go to your nearest pawnshop and there you go easy money. You can also get a descent price of your item if it's valuable enough. I think pawning is a safe way to produce money if you are in need and i'm sure people has a lot of unused stuff that can be pawn.
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#3
I agree with you@ kaisantos pawning is the safest way to borrow money because if you can't repay the money, you only have your gadget to lose. The gadgets are normally not that expensive, and are gadgets you can afford to buy again in a few months. I think this is less painful then taking out your car or your house as collateral. No one is harassing you and calling you at all hours to make your repayments.
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#4
It is funny that pawning gadgets is also popular here in the Philippines. But the negative part of it is the fact that upon pawning your gadget, the appraisal is too low or just the 25% of the original price of your gadget.
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#5
I did. Twice actually. The first time i just really needed cash urgently and i was able to redeem it immediately. The second time i deliberately do not want to redeem it and also ask anyone who want my phone redeemed for their own use. It is a great way to make money and dispose gadgets you are not using anymore.
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#6
I admit I pawned some of my gadgets, if I really need money, sometimes I barrow money to my friends if I have emergency or I need money emediately.
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#7
Yes, I have pawned jewelry, but I didn't have the intention to get it back. I needed money, so I technically I sold some golden rings to the pawnshop. I didn't have the time to look for potential buyers online, so I just pawned them. Pawning is a very good alternative to payday loans, as long as you have valuable items to pawn.
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#8
I never tried pawning anything of mine. Pawnshops always seemed a little shady to me..but I have a printer I could conceivably pawn. I don't need it anymore. I would check first to see what they would give me for it though. It might not be worth it.
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#9
Nope, never could since there are no pawnshops in my country. However, I've read that in a neighboring country that has them, 20 % of people never return for the item they pawned even if they pay back the loan, which seems ridiculous to me.
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#10
(01-24-2018, 12:57 AM)marblank1313 Wrote: I did. Twice actually. The first time i just really needed cash urgently and i was able to redeem it immediately. The second time i deliberately do not want to redeem it and also ask anyone who want my phone redeemed for their own use. It is a great way to make money and dispose gadgets you are not using anymore.
If you don't have plans to reclaim your pawned gadget, it's better to just sell it than to pawn it. We all know that pawnshop has a low appraisal price since they are expecting that you are going to get back the item. While in selling, you can still have atleast 60% - 70% of the original market price of your gadget.

(01-24-2018, 01:02 PM)alexd Wrote: Nope, never could since there are no pawnshops in my country. However, I've read that in a neighboring country that has them, 20 % of people never return for the item they pawned even if they pay back the loan, which seems ridiculous to me.
That is true. Because sometimes the item or gadget that are being pawned is stolen from it's original owner by thieves. And this thieves think that the easiest way to convert into cash their stolen item is to pawn it.
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