About pawnshop
At MB Aguirre Pawnshop you may collect your money as soon as you present the pawn ticket to the cashier. You can also use Honeybees to make cryptocurrency transactions, but only at the South Gate Tower branch.
MB Aguirre, also known as Eloi Pawnshop, was established in 1992. It deals with foreign exchange in 19 different currencies, remittance, bills payment, and auctions. With over 50 branches, the pawnshop headquarter is located at South Center Tower, Unit 608, 2206 Market Street, Madrigal Business Park, Alabang, Muntinlupa, Metro Manila. M.B. Aguirre pawnshops are open from 8 a.m. to 5 p.m. Monday through Sunday. In addition, during your birth month, you will receive a text message informing you of a 0.5% discount when you use their services.
Pros and cons
Pawnshops are not just a convenient way to borrow money and get out of trouble. They can also be a good investment if you know what you're doing. But it's essential to consider their benefits and drawbacks before deciding if pawning your stuff is the right choice.
Pros
You can enjoy more services at MB Aguirre Pawnshop other than pawning like foreign exchange and remittance.
You can get cash for your items on the spot or pay off your loan over time.
You get a low-interest rate with pawn loans, which is lower than other loan types.
You can transact via crypto, but only at the South Gate Tower branch.
Cons
You need to provide the exact details of your pawn for the pawn service to be faster.
You should pay off your pawn loan on time to avoid your item from being auctioned off.
Products
MB Aguirre Pawnshop offers the following services:
Pawning. When you're short on cash, pawning your item can help you make some. Before your item can be appraised, you must bring a valid ID for proper identification. Acceptable forms of identification include a driver's license, employment ID, National Bureau of Investigation (NBI) clearance, OFW ID, passport, postal ID, digitized Social Security System (SSS) card, voter's ID, and student IDs for minor-age students only receiving cash. Then, you can get your loan or pawn ticket after you've agreed on the terms and conditions and the item's value. When given access, present the ticket to a cashier to collect the money. You can then use the money you get from pawning items to buy things you need, like food or school materials.
Money remittance. Through the pawnshop remittance services, you can use Western Union to send money to your family members who live overseas.
Bills payment via True Money. At one of the 50 locations, you can top up or reload your prepaid plan or pay bills for Meralco, Smart, Globe, NBI, and Sky Cable.
Money changer. Money changers assist you in converting currency from one country to another, such as pesos to US dollars. It is beneficial if you are crossing international borders or conducting foreign transactions and need to convert some of your money.
Electronic loading. With electronic loading, you can get cash at any MB Aguirre Pawnshop using Globe, Touch Mobile, Smart, or Sun.
Auction. If no one claims an item or a pawn loan is not repaid on time, it is auctioned off to recover money lent to a pawn owner.
