M Lhuillier Quick Cash Loan

Acceptable Collaterals

• Gold and Diamond Jewelry, Silverware, Watches, Ray-Ban Sunglasses
• Cellular Phones, Laptops/Macbooks, Tablets/Ipads, Cameras, Home Appliances, Nintendo
• Kitchenware, Cookware, Sewing Machine
• Power Tools
• Guitars
• Medical Equipment
• Bicycle
• Motorcycles (selected branches nationwide)
• Cars (selected branches in Cebu and Negros Occidental)

How to Apply for an M Lhuillier Quick Cash Loan

In applying for a Quick Cash Loan, simply complete your application in four easy steps:

1. Fill out the loan application form and provide it to the M Lhuillier personnel for processing. 
2. Present a valid ID upon submission of the M Lhuillier Quick Cash Loan application. 
3. Hand over the pawned items to the M Lhuillier personnel for the appraisal. 
4. Upon appraisal, the personnel will show you the appraised amount, and once approved, you will be able to receive the cash and the loan ticket. Loan tickets are available for renewal and extension if you are not yet ready to pay back the full amount of the loan. 

M Lhuillier Pawned Item Redemption

The process is simple when you’re ready to claim their pawned item(s). You can visit the M Lhuillier branch where you pawned the item and complete the following steps:

1. Present the loan ticket of the pawned item to the M Lhuillier personnel. 
2. Show your valid ID to the branch personnel. 
3. Payback the amount due, including the interest and claim back the item pawned. 

Renewal or Extension of Pawned Item

When renewing or extending the loan of a pawned item, you will have to pay the interest as of the date of the renewal and extension and complete these steps:

1. Present the loan ticket to the branch personnel. 
2. Present a valid ID and a payment. 
3. Sign on the new loan ticket with renewed due dates. 
4. Claim the new ticket. 

Why Choose M Lhuillier Quick Loan

M Lhuillier is one of the most trusted providers of quick cash loans in the Philippines, known for its high appraisal value and competitive interest rates. It has many branches nationwide, making it easier and more convenient for customers to visit anytime.

When To Consider M Lhuillier Quick Cash Loan?

Pawnshops are undoubtedly the quickest and most convenient means to get quick cash loans. However, this doesn’t suggest that you should just take one, even if it is not necessary. Regardless of the lender, you shouldn’t forget that getting a quick cash loan comes with obligations.

So, here are a few cases in which you should only consider an M Lhuillier quick cash loan:

You Need Instant Access to Cash

It’s often difficult to apply for a loan from banks and other lending organizations due to strict requirements and lengthy processes. It would be best to approach pawnshops, particularly M Lhuillier, for quick cash loans. In most cases, a valid ID and the collateral are all it takes to have instant access to cash.

You Have Bad Credit History

Having no credit history, let alone poor credit scores would be detrimental to your loan application as lenders want to ensure that the person they entrust their money with is capable of managing their finances responsibly and paying the money back. You may consider M Lhuillier quick cash loans if you wish to avoid credit checks but need urgent cash.

Friends and Family Are Out of the Equation

Family and friends will always be their primary source of urgent cash for many Filipinos, but they will not always be available to extend financial help when needed. When this happens, visiting M Lhuillier would be your next best option instead of approaching informal lenders who charge unreasonable and high-interest rates. Unlike the latter, M Lhuillier doesn’t impose high-interest rates and could give you a better deal depending on the item you bring.

M Lhuillier Quick Cash Loan Alternatives

Cebuana Lhuillier

Cebuana Lhuillier is one of the best pawnshops in the country when it comes to accessibility and affordability. This pawnshop has approximately 2,500 branches nationwide and boasts one of the highest appraisal rates in the industry, which is 30% higher than other pawnshops. Items accepted include gold, diamond, and platinum jewelry watches, and non-jewelry items include cellphones and laptop computers. Other features include the following:

Fees and Charges:

• Advance Interest: ₱4 for every ₱100 loan amount
• Service Charge: 1% of the principal loan amount, not to exceed ₱5

Renewal:

• Interest Rate in Renewed Pawns: starts at 4%
• Liquidated Damages: 2%
• Service Charge: ₱5

Palawan Express

Palawan Express may be your one-stop shop if you need quick cash loans and other financial services. Aside from having 3,300 branches nationwide, it also provides pawning, pera padala service, international remittance, bills payment, and other services. The following features are available at Palawan Express Pawnshop:

Choice packages:

• Package 1 (With 1% advance interest): 1% for 1 to 11 days, 2% for 12 to 22 days and 3% for 23-33 days
• Package 2 (No advance interest): 3.5% per month
• Package 3 (1-month advance interest): 2.5% per month
• Package 4 (2-month advance interest): 2% per month

Repayment Term: Maximum of 120 days 

Service Charge: 1% of the principal loan, but shall not exceed five pesos (₱5.00)

PawnHero

If visiting pawnshops doesn’t always work for you, PawnHero might be able to help. Similar to other pawnshops in the country, it provides quick cash in exchange for valuable items, but the difference is that they serve their clients virtually. Pawnhero accepts jewelry, designer bags, watches, laptops, and many more. Other features are the following:

Interest Charges:

• Interest of 3.5% or ₱500, whichever is higher, for gold and jewelry 
• Interest of 4.99% or ₱500, whichever is higher, for designer bags, luxury watches, gadgets, and other item categories

Service Charge: 1% of the principal loan but shall not exceed ₱5.00

Caution When Taking a Quick Cash Loan on M Lhuillier

Although taking out quick cash loans in MLhuillier may seem a piece of cake, one should proceed cautiously. Failure to repay the loan on the agreed-upon date gives the pawnshop ownership over the pawned item, which means that the pawnshop can use the item as they see fit. And this could be a major loss for you, especially if the item holds sentimental value.

Conclusion

M Lhuillier’s Quick Cash Loan is an easy and secure way to get instant cash through pawned items. M Lhuillier ensures that pawned items are kept safe until the borrower is ready to reclaim them. What’s excellent about the service is that borrowers can renew or extend their loans in any branch. Their efficient and high-quality technology-based systems update the status of pawned items across branches.