M lhuillier Quick Cash Loans Requirements

Quick Cash Loans

A quick cash loan is one of the most availed services of M lhuillier. It is a secured type of loan borrowing where the collateral is a requirement before you can borrow an amount that you need equivalent to the appraised value of the item. They also offer renewal at any of the branches of M lhuillier.

Requirements

• Loan Application form
• Valid ID
• *Collateral (subject to appraisal)
  • List of allowed collateral
    • Gold and Diamond Jewelry
    • Cellular Phones
    • Laptops/Macbooks
    • Tablets/Ipads
    • Cameras
    • Kitchenware
    • Silverware
    • Home Appliances
    • Cookware
    • Ray-Ban Sunglasses
    • Power Tools
    • Guitars
    • Medical Equipment
    • Bicycle
    • Nintendo
    • Sewing Machine
    • Watches
    • Motorcycle (All branches in Visayas and Mindanao accept motorcycles for collateral and in selected areas in Luzon) 
    • Car (selected branches in Cebu and Negros Occidental) 

How to Apply?

• Fill out the form provided.
• Present a valid I.D.
• Give your item to the branch personnel for appraisal.
• Get your cash and loan ticket.

How to Renew/Extend Your Loan? 

• Hand over the signed loan ticket to the branch personnel.
• Present a valid I.D along with your payment
• Affix your signature on the new loan ticket
• Claim the new loan ticket

Why Choose M Lhuillier Quick Loan

M Lhuillier is one of the most trusted providers of quick cash loans in the Philippines, with a guaranteed high appraisal value and lower than average interest rates. It has one of the most numbers of branches nationwide which makes it easier and more convenient for people to visit the branches near them. 

Conclusion

The benefit you can get in a secured type of loan is that you can be granted a higher amount of loan with lower interest rates. This is exactly what you can expect in M lhuillier’s Quick Cash Loan product – they can give you the highest appraisal rates so you can receive a higher loan amount. However, because this is a quick cash loan through pawning of a valuable item, the due date is shorter and when one misses their payment and ultimately fails to redeem the item within the period agreed upon, one can miss the opportunity of taking it back. 

One must always check the loan term and ensure that when redemption is not yet an option, they can always renew the loan and extend the term of the due date.