CVM Pawnshop Philippines Review You Should Know [2022]

Looking for an affordable financial service? You should consider coming to the CVM pawnshop! We offer quick loans at very low-interest rates. Let’s get right into this post to discover more!

CVM Pawnshop is one of the most trusted pawn shops in the Philippines. CVM Pawnshop offers loans at very affordable interest rates, so it’s definitely worth your consideration if you need quick cash. 

Whether you’re looking for a loan, insurance, or investment, CVM pawnshop is definitely worth your consideration. 

If you consider this service, let’s come down now and find out what we have in store for you. Do not hesitate to give us a check!

CVM Pawnshop

CVM Pawnshop

About CVM Pawnshop

As a poor girl from the province, Carmelita Vicencio Manlapaz started selling seafood when only four palenques were in Angeles City. 

She pawned her wedding rings and other valuable items to help support herself during these hard times and eventually became successful enough that she could buy back what was sold at an affordable rate. 

Nowadays, this Filipino entrepreneur owns CVM Pawnshop & Money Changer Corp., which helps people just like you achieve their dreams through financial advice tailored specifically towards each client’s needs.

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CVM Pawnshop is one of the country’s most popular gadget pawnshops due to its Masarap Kausap service. It has over 100 branches nationwide and has been around since 2005 when it opened in Rosario City with a second branch soon after at New Taytay Public Market Rizal Branch.

CVM Pawnshop service

CVM Pawnshop service

Mission

Our goal is to create a long-term relationship with our clients by continuously pleasing them.

Vision

We are well-liked since customer service excellence is our sole focus.

Is CVM Pawnshop Legit?

The SEC is responsible for checking that any company operating in the Philippines has obtained a permit. The list of vetted pawnshops can be found on their official website sec.gov.ph, so you know which ones are trustworthy and safe.

See also: Villarica Pawnshop – Good Place To Get Loan In The Philippines

CVM Pawnshop Services

Pawning

CVM Pawnshop has a wide variety of items taken in by their competitors, so you know it will be safe to bring your device. Please stop by any one of our locations for an appraisal and quick cash.

Money Exchange

You can find a money changer at any of CVM Pawnshop’s branches. All exchanges are safe and reliable, with the exchange rate being even higher! Looking for an international transaction? You will be able to make it happen in Manila as long as you go there directly.

Bills Payment

With one simple click, pay your bills easily and reliably. We accept payment for Globe SKYcable, Meralco, Manila Water, and Cebu Pacific Philippine Airlines travel tickets in just a few minutes.

Remittance

CVM Pawnshop offers remittance services in the Philippines, so you can claim and send money without worry through accredited partners worldwide. CVM pawnshops are here for all your needs when sending or receiving funds from abroad, whether personal or business-related.

Remittance

Remittance

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Product Features

Below is the detailed information about CVM Pawnshop products:

Maximum financing amount ₱100000
Minimum financing amount ₱10000
Maximum loan term Ninety days
Minimum loan term Seven days
Approval duration < 24 hours
Interest rate per day 0.1% – 0.43%
Debt consolidation Yes

See also: PawnHero – Great Online Pawnshop In The Philippines

Interest And Loan Payments Calculation Examples

The table below is the example to calculate interest and loan payments:

Term Seven days Eight days Nine days Ten days Ninety days
Fee Per day 0.1% 0.1% 0.1% 0.1% 0.1%
Loan Amount  ₱50000 ₱50000 ₱50000 ₱50000 ₱50000
Interest Amount  ₱350 ₱400 ₱450 ₱500 ₱4500
Total Repayment  ₱50350 ₱50400 ₱50450 ₱50500 ₱54500

Frequently Asked Questions

When I use CVM Pawnshop’s Services, Will My Data Be Lost?

In this day and age, it is important to ensure that your data is being protected. That is why CVM Pawnshop has taken steps to adhere to the Data Privacy Act (RA 10173). They will provide you peace of mind and show compassion for their customers by complying with every step during checkout.

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What Will Be Done With The Information I’ve Gathered?

Personal information will be gathered for the following purposes, but not limited to

  1. To handle your payment as a customer to provide the services we offer.
  2. To handle any issues, questions, or complaints you may have.
  3. To abide by government rules and regulations on detecting, preventing, and detecting fraud and other offenses, lawsuits, and other obligations.
  4. To understand better your expectations and preferences through market analysis.
  5. To keep you up-to-date with the latest marketing promotions, offers, and information of CVM Pawnshop & Money Changer Corp. You can expect this email to be sent through various methods, including electronic communication like SMS or phone calls.
  6. We will let you know about any intentions we may have at the time or for which you consent.

To Whom Does CVM Pawnshop Disclose Personal Information?

Your privacy is important to us. We do not sell or rent any of the data gathered on our website, and we never will unless it is required by law for you to receive certain services from us.

You authorize Money Changer Corp. and CVM Pawnshop to release your information to certified third parties or non-affiliated third parties for legitimate business objectives and the protection of its rights by providing your approval.

Conclusion

It’s no surprise that CVM Pawnshop is one of the most popular pawnshops in the Philippines. They offer a wide variety of financial services and products, all at competitive rates.  

The brand operates with honesty and integrity, which can be seen in their loans and daily treat customers. For more information about what they have to offer, visit their website or call them today.  

You can also apply for credit online with our partners at CVM Pawnshop by filling out an application form on this site. Apply now, and we will contact you shortly with your decision.

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See also: Cebuana Lhuillier: Your Financial Supporter

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