Tambunting Pawnshop Review You Should Know [2022]

Looking for the best pawn shop that offers flexible loans? Look no further; Tambunting Pawnshop would be the best solution! Follow our article to find out more!

Are you looking for a pawnshop that is professional and trustworthy?

Tambunting Pawnshop has the best loans available. We offer short-term, long-term, and personal loans with flexible repayment terms. 

If you are curious about this loan service, let’s jump right into this post to discover now! Surely it will be worth your time.

Tambunting Pawnshop

Tambunting Pawnshop

Tambunting Pawnshop History

After inventing the first pawnshop in 1902, Don Ildefonso Tam Bunting renamed his business Casa Agencia de Empeños y Pawnbroking. 

He opened up a shop on Sta Cruz Street Manila with just one employee to keep things running smoothly and quickly grew into a company known all over Asia as The Philippines’ Largest Pawnshops Chain.

Tambunting has been around since 1906, which makes it an experienced company. The logo contains the inscription “Tasseling Since” and underlines a white frame on top of a red background.

Pawnshops are a dime-a-dozen in the Philippines.

By 1990, there were already 300 branches, and by 2021 they will be thousand strong. It all started with Tambunting back in 1979 when it was one of few pawnshop networks around town for people to go without hassle or long lines at their local store.

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What is Tambunting Pawnshop?

Tambunting is now more than just a pawn shop. They offer the best of both worlds: an extraordinary selection and excellent prices, all backed by great customer service.

Tambunting is an innovative way to get quick cash. The maximum loan amount depends on the value of your collateral, so call them up and find out what works best for you. You can also choose between a one-month term or six months with no late fees. It’s all about finding that perfect solution to sell our debt through an auction if we don’t pay within those time frames. But only after pawnshop services first gives us enough room by loaning at low rates above 60%, not exceeding 70%.

Pledged objects that have become the corporation’s property are occasionally offered in our branches or other jewelry retailers.

The company takes great care to assess the collateral. It’s not just any old valuation, though- after all, this is what customers are guided by when they want a loan from you. 

A high and fair assessment increases your clients’ loyalty level and makes them confident in their use of Tambunting products (the more valuable data will be protected).

Tambunting Pawnshop service

Tambunting Pawnshop service

Tambunting Pawnshop is the go-to pawnshop for any monetary transaction that requires anonymity.

The company has partnerships with major services such as Transfast, Gcash Remit, Smart Padala to provide customers more options when sending money back home or abroad through Western Union. 

This makes Tampuding’s establishment an invaluable tool for Filipinos living overseas who want access now.

Imagine sending money and not worrying if it’ll get there. With our transfer points, Filipinos can be confident in receiving their cash right away from the recipient’s safety.

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Tambunting pawnshop started an online bank loan service in April 2016. Filipinos can finally get a loan without leaving their house. With this service, they have to enter information, which will be processed within 24 hours.

24/7 service

Tambunting Online is the perfect solution for those who need money but don’t want to get involved with all of that pesky paperwork. It’s simple, quick, and easy- anybody can do it.

See also: Cebuana Lhuillier: Your Financial Supporter

Tambunting Pawnshop Rates

It would be best if you considered taking out this loan. Interest rates are low, and the company offers great service with an easy-to-use application process! The client will have to pay 1% of their outstanding amount and any fees associated – which isn’t too bad considering they’ll get back 4%. 

Interest rates at Tambunting are low

Interest rates at Tambunting are low

What is The Tambunting Pawnshop Transfer Limit?

You will never have difficulty finding a Tambunting pawnshop near you. The company has many branches throughout the Philippines. 

Additionally, it partners with other companies in major cities such as Quezon and Manila City to provide comprehensive services for their clients. Besides, Tambunting has the greatest limitation on currency transactions – 100,000 PHP.

Sending money to friends and family is easy with MoneyGram – one of the best partners. Sending cash, a bank account, or a mobile wallet are all available options for sending funds anywhere around the world in minutes.

Don’t pay attention if you’re thinking about getting a mobile wallet but are on the fence because of affordability or accessibility. Now thanks to Tambunting Pawnshop funding your Coins. Ph wallet has become even more accessible and affordable with their offer “Fund My Phone”.

Western Union is a global company that sends money all over the world. They have over 320,000 locations in 200 countries, and they offer services for sending cash anywhere you need it.

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Tambuting Pawnshop Product Features

Maximum financing amount > ₱120000
Minimum financing amount ₱10000
Maximum loan term 120 days
Minimum loan term Ten days
Approval duration > 24 hours
Interest rate per day 0.13% – 0.13%
Debt consolidation Yes

Example Of Calculating Interest And Loan Payments

Term 10 days 11 days 12 days 13 days 120 days
Fee Per Day 0.13% 0.13% 0.13% 0.13% 0.13%
Loan Amount ₱60000 ₱60000 ₱60000 ₱60000 ₱60000
Interest Amount ₱780 ₱858 ₱936 ₱1014 ₱9360
Total Repayment ₱60780 ₱60858 ₱60936 ₱61014 ₱69360

Conclusion

Tambunting Pawnshop is a pawn company that provides loans to customers who need money fast. We’ve been providing this service for over thirty years, and we know what it takes to provide the best loan service possible. 

You don’t have to worry about judging you based on your past because we understand how difficult it can sometimes be to get back up again after falling. 

We got you covered! Apply today by filling out our online application.

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

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