Dorotheum Pfand

PAWNING TECHNOLOGY

Cash - simply smart.

INTEREST CALCULATOR

TECHNOLOGY VALUATIONS

This list indicates which devices can currently be used as collateral.
For a valuation, please contact our Technology Pawning branches.

Useful information about how your
loan secured against technology is calculated

INTEREST CALCULATOR


EXAMPLES OF INSTANT LOANS

DON'T LET YOURSELF BE HELD BACK!

"In just 10 minutes, the appraiser

valued my smartphone and I had raised the final amount I needed to get my

driver's licence."

Further Information

Further Information

YOUR BENEFITS

  • Professional, fair valuation
  • Cash quickly, easily and conveniently
  • Even small amounts
  • You remain debt-free
  • No guarantees needed
  • You retain ownership of the device
  • You can continue using your SIM card

FAQ

Money fast with minimal paperwork!


There's no quicker and easier way to raise cash. Bring your valuable item to us as collateral. Our experts will value it while you wait and you will be paid the amount of the secured loan instantly, in cash. You get the money quickly and discretely. We don't ask you why you need it. You don't need any guarantees and don't have to provide any bank account details. You have no debts, because the item you pledge serves as the sole collateral for your secured loan, not you. With the money, you are given a "pawn ticket", which is a negotiable instrument and guarantees that your collateral is securely stored until you collect it. The ideal solution, even for small amounts.

Selected smartphones, tablets and technical devices that are not more than 2 years old. The device - including charger and charging cable - must be undamaged.

The most popular brands such as Apple, Samsung, HTC, LG etc. are accepted. Our Technology Pawnbroking branches will be able to tell you which models are currently accepted as collateral.

You simply pay us a visit, bringing with you an official photo ID (minimum age 18 years). We will check your device including charger/cable and pay the loan out immediately, in cash.

The Dorotheum's experts will assess the valuable items while you wait; the current value depends on various factors such as condition, brand and model. The amount of the secured loan is derived from this, and will be around 40-60% of the realisable value. The loan is paid out in cash.

A pawn ticket is a negotiable instrument, showing the duration, loan amount and information about the valuable item accepted. Pawn tickets are issued anonymously, i.e. not made out to a particular name. The Dorotheum can hand over the item concerned to any person who presents a pawn ticket, once the fees due have been paid, so it is in the interests of every borrower to keep the pawn ticket in a safe place.

You decide the duration - which is up to two months including a grace period. You have the option to renew the duration or redeem the pledge. If you do not wish to do this, we start taking steps to sell the item.

Your valuable items will be handed over to you immediately on presentation of the original pawn ticket and full payment of the loan including interest and charges.

The costs depend on the duration you choose. They are broken down into interest (1.00 % per half-month) and charges (0.75% per half-month for safekeeping and insurance) and a small pawn ticket fee (=processing fee) which is deducted from the loan.


Example: two-month duration

Loan:EUR 100
Processing fee:EUR 5
   
  Interest:EUR 4
Charges:EUR 3


After two months, for an amount of EUR 100, you pay just EUR 7 in interest and charges.

Pledges that are not redeemed will be sold at the best price, following a grace period, to cover the loan. Once the item has been successfully sold, we will provide you with a final statement on request. If a surplus is achieved on the sale or auction, you can withdraw this in cash using the original pawn ticket. Any losses, however, will be borne by the Dorotheum and will mean that no additional payment can be made to the person presenting the ticket.

A pawn ticket is an anonymous, negotiable instrument entitling any person who presents it to redeem the goods. For this reason, it is absolutely vital that you keep the pawn ticket in a safe place. If, however, you do lose a pawn ticket, please contact your pawnbroking branch, quoting the pawn ticket number. You can then arrange for the pledged item to be blocked by making an official notification of loss.

NEAREST DOROTHEUM PAWNBROKERS BRANCH