About Ablaza pawnshop
Ablaza Pawnshop is a fast cash loan and pawning service provider based in the Philippines. They sell or buy items such as cellphones, laptops, tablets, gold, diamond, and platinum jewelry, as well as provide loans secured by these items.
Ablaza Pawnshop is a pawn shop that ensures Filipinos have access to quick funding by offering fast cash loans and pawning services. They have 10 branches, with the main office located at Quezon City 2C Roosevelt Avenue 1100. You can use their services any day of the week at most branches from 8:00 A.M. to 5:00 P.M. They accept various items, such as watches, cellphones, laptops, tablets, gold, diamond, and platinum jewelry, as collateral. When you pawn an item, a service fee of 1% of the loan principal is charged, but they limit it to ₱5.
Pros and cons
You should check a business's advantages and disadvantages to ensure they are reliable, trustworthy, and honest. It is important to know what the pawn shop has done in the past so that you can be confident about its ability to do what they promise. You can also make sure the safety and value of your possessions are guaranteed by taking into account factors, such as the security of your items. Then, there's the customer service experience and the convenience of doing business with a pawnshop. Take into account the ease of contacting them and how fast they respond, so you can contact customer service before traveling all the way to the branch if you have an urgent issue.
Here are Ablaza pawnshop's pros and cons.
Pros
The pawnshop keeps your pawn in a secure place.
The pawnshop has a great selection of items that you can pawn, including mobile phones, laptops, tablets, gold, diamond, and platinum jewelry.
The pawnshop's staff is friendly and helpful.
Cons
You should keep your pawn ticket in a safe place to avoid misplacing it as it may be difficult to retrieve your item back once you have paid off your loan or purchase amount.
You must open a linked bank account before your pawn loan is approved.
Products
Ablaza Pawnshop offers the following products and services.
- Pawning. Ablaza accepts items like cellphones, laptops, tablets, gold, diamond, and platinum jewelry at an interest rate of 3%-6% per month. A service fee of 1% of the loan principal is charged, but it is limited to ₱5, and the approval only takes two hours.
- Fast Cash Loan. Ablaza offers fast cash pawn loans that lend you less money than the value of your collateral when you need money right away. To apply for the loan, visit one of their nearby branches and arrange for an appraisal to verify the value of your possessions. You can be approved for a larger loan if it is less than ₱40,000 by presenting more pawns. To know how much interest rate you will pay after an appraisal determines the value of your pawn, use the loan calculator. The loan calculator will also assist you in determining how much money you will save by repaying your pawn credit early. When the loan is approved, after two hours, the lender will charge a daily interest rate of 0.1% - 0.2% on loan amounts ranging from ₱5,000 to ₱40,000. Ablaza will then hold on to your pawns until you fully repay your loan.
