Pawnshops have long been an essential source of financial assistance for many Filipinos. They provide quick access to cash without the hassle of dealing with stringent requirements imposed by banks. Despite their significance, pawnshops have carried a negative reputation since most were seen as taking advantage of people’s financial difficulties. However, this is all changing with Palawan Pawnshop.
Palawan Pawnshop, established in 1985, has redefined the pawning industry with its commitment to fair and affordable services. The company offers very low interest rates with high appraisal rates, giving customers the advantage of saving more. They have a tiered interest rate system with only 1% for a loan of 11 days, 2% for 22 days, and 3% for 33 days. Moreover, Suki card holders can enjoy discounts of up to 5%.
Palawan Pawnshop customers receive automated notifications on their cellphones to remind them of their due and renewal dates, preventing them from incurring additional fees. They can also opt to renew their pawned items at any Palawan Pawnshop branch.
What sets Palawan Pawnshop apart is its brand of service – Matatag, Maaasahan at Mapagkakatiwalaan. People are guaranteed excellent customer service thanks to the approachable and friendly employees. Palawan Pawnshop is renowned for its VIP treatment of its customers, wherein all staff from the associates down to the guards, are accommodating and respectful. They handle your items with the utmost care to ensure their safety at all times.
With over 3,300 branches and authorized agents nationwide, Palawan Pawnshop continues to grow as one of the most reliable and leading pawnshops in the Philippines. From its beginnings as a pawn brokering business, Palawan Pawnshop has expanded its services to include money remittances, microinsurance, bills payment, electronic mobile phone loading, cash-in of e-wallets, money exchange, ATM withdrawal, and cash disbursements.
“At Palawan Pawnshop, we are dedicated to providing fair and affordable services to Filipinos in need of financial aid. Our commitment to excellence in customer service, combined with our low interest rates and high appraisal rates, sets us apart as a leading pawnshop in the Philippines.” Said Karlo Eugene Josef M. Castro, Palawan Pawnshop Sr. Vice President & Chief Operations Officer.
For those who are looking to pawn their items, Palawan Pawnshop is currently offering a special promotion of “Libreng Interest” for one (1) month with a 2.5% loan interest rate. This offer is open to all new, lapsed, and existing Suki customers who wish to pawn their items at any Palawan Pawnshop branch nationwide. The promo is available from February 1 to April 30, 2023. Details can be found on their website and Palawan Pawnshop’s Official Facebook Page.
Palawan Pawnshop is transforming the way Filipinos perceive pawnshops by offering low interest rates, high appraisal rates, excellent customer service, and an extensive network of branches, which make them a reliable source of financial aid for those in need. Additionally, the company’s commitment to excellent customer service and its wide array of multiple services beyond pawning which include money remittances, bills payment, cash-in and cash-out of e-wallets, and microinsurance, make it a one-stop-shop for all financial transaction needs. Palawan Pawnshop’s services prove that pawnshops can provide a reliable and convenient option for Filipinos in need of financial assistance. Palawan Pawnshop, Palawan Express, and PalawanPay are supervised by the Bangko Sentral ng Pilipinas. For more information, go to Palawan Pawnshop and PalawanPay Websites.