Pawnbroking in Horsham
A short-term loan secured against something you own
Pawnbroking is one of the oldest forms of lending. The idea is simple, you bring in something of value, we lend you money against it, and when you repay the loan you get it back. If you don’t repay, we sell the item to recover the loan and that’s the end of it. No credit check, no mark on your credit record, no complicated application.
Sakakini on the Carfax has offered pawnbroking in Horsham for over 20 years. We’re FCA regulated, straightforward about the terms, and we treat people like adults.
How it works
Bring in the item you want to use as security. We’ll assess it and make you an offer based on its current value. If you’re happy with the terms, we agree a loan period, typically four months, and give you a pawn ticket, which is your receipt and your agreement in one.
You can repay at any time during the loan period. Repay the loan plus the agreed interest, and you get your item back. If you need more time, you may be able to extend, come in before the end of the period and ask. If you decide not to repay, the item becomes ours to sell. Your credit record isn’t affected and nothing further is owed.
What we accept
We lend against jewellery, watches, precious metals, coins and other items with clear resale value. Gold, silver, quality Swiss watches, diamonds and bullion are the most common. If you’re not sure whether what you’ve got qualifies, bring it in.
The terms
Before anything is agreed, we’ll give you a written loan agreement showing the interest rate, the loan period and what happens at the end of it. We’re required to do this by law, and we’d do it anyway. The rate on a pawn loan is higher than a bank loan, that’s the nature of short-term secured lending, and it’s the same across the industry. The trade-off is that there’s no credit check, no ongoing relationship, and the only consequence of not repaying is losing the item.
Getting your item back
Come in with your pawn ticket and pay off the outstanding amount. We’ll return your item in the same condition we received it. If you’ve lost the ticket, come in anyway, we’ll go through an ID process and sort it out.
If you don't repay
The item is sold to recover the loan. That’s it. No debt, no collections, nothing further owed. The loan was secured against the item – once it’s gone, it’s settled.
Common questions
Is pawnbroking regulated?
Yes. Sakakini is authorised and regulated by the Financial Conduct Authority for consumer credit activities. We issue proper written agreements and you have a cooling-off period.
Do you do a credit check?
No. The loan is secured against the item, not your financial history.
Can I extend my loan?
Often yes. Come in before the loan period ends and we’ll talk through the options.
How is the loan amount decided?
Based on what the item is likely worth on the current market. We’ll explain the figure and how we got there.
Will my item be kept safe?
Yes. Everything left with us is stored securely for the full loan period.
Come in and talk to us
Twenty years on the Carfax. Family-run, independent, no scripts. If we can’t help, we’ll say so and tell you who can. Monday to Saturday, no appointment needed for most things.
45 Carfax, Horsham, West Sussex, RH12 1EQ
Open Monday to Saturday
9am - 5pm
