Online Musical Instrument Pawnbroker

Apply online for a pawn loan on your rare and valuable musical instruments

Musical Instrument Pawnbroker

More people than ever own musical instruments; amateur and professional musicians around the world play and collect instruments, and increasingly more collectors are discovering that musical instruments are an excellent investment.

Musical instruments can hold big personal and economic value to owners, and we understand what your instrument means to you. That’s why we work closely with hands-on enthusiasts and specialists when valuing them. We are experts in lending whatever type of instrument you have, whatever the brand: String, Woodwind, Brass or Percussion, from the likes of Stradivarius to Bosendorfer, Steinway, Yamaha or Taylor, Fender, Hofner, Gretsch, or Ibanez.

Your instrument may be in storage for part of the year, and the need for funds to pay an urgent bill, or fill a financial gap, can arise at any time. In such a scenario selling your instrument might seem like a solution, however, we can release funds tied up in it for a short period in the form of a pawn loan.

Many pawnbrokers will offer to lend against your musical instrument, however, they don’t offer the same services that we are uniquely positioned to provide. An established FCA regulated pawnbroker, we combine the specialist valuation expertise of auction houses and dealers with our custom developed pawnbroking software and an experienced operations team. Our peer-to-peer lending platform confirms loans quickly and guarantees an easy and confidential transaction.

Your Specialist Online Pawnbroker

Are you concerned about the interest rates and charges on pawn loans? Don’t worry. We operate differently to traditional pawnbrokers. We provide a simple and transparent online service, at an interest rate that is comparable to credit cards.

Instead of a shopfront, we have discreet offices based in the City of London. We use a simple online platform to process our loans, and then we pass the savings onto our borrowers, allowing us to offer the most competitive pawn loan interest rates. All you have to do is upload a picture of your item, describe it, apply for a loan, and you receive an indicative offer.

Borrowing against a musical instrument is a simple and easy way to free up your funds – without letting go of your precious assets. Our loan terms are fair and transparent, and our small team is always at hand to answer any questions or discuss your loan.

How to Pawn your Musical Instrument

We provide a hassle-free process so you can quickly receive cash for your musical instrument. You can apply for a pawn loan against it in three simple steps:

  • Step 1 – Upload photos of the instrument that you wish to give as collateral. You will receive the loan offer within two hours.
  • Step 2 – Courier it to us or make an appointment to meet us in our discreet office in the City of London. If you choose to send your item via courier, we can cover the insurance during transit.
  • Step 3 – Once the item has been carefully assessed in person, all you need to do is accept your loan offer. The funds will then be in your account within minutes.

Is Borrowing Against a Musical Instrument Right for You?

You might not have used a pawnbroker before or may be unsure of the process. The traditional pawn shop image of a valuer sitting behind a counter in a high-street booth is far from the reality with us. There are a wide range of benefits to a pawn loan, some of which you might not have been aware of. So, if you are unsure about the idea of borrowing against musical instruments, here are the benefits:

No Tedious Paperwork – We know that your time is precious. That’s why our application process is online – quick and simple.

No Credit Checks – The security of a pawn loan does not depend on your financial history. As we are lending money against your assets, your credit score is not relevant to the decision to lend.

Spot-Free Credit Score – Even if you are unable to pay back the loan, your credit history will remain unaffected. We do not report any failure to repay loans and if you wish to walk away from the loan, we sell the assets and transfer the excess funds back to your account.

Easy Access – Receive 70% against the value of your musical instrument simply by completing our hassle-free online application from the comfort of your home or office.

Discreet and Flexible – We understand that financial arrangements can require discretion.  We communicate only by email and phone with the named borrower, and we post items back in discreet unmarked packaging. Should you wish to make an appointment to meet us, we have an unbranded office in the City of London. We do not have a shop, so do not retail defaulted items.

Low-Interest Rates – We are committed to helping you get loans at the lowest possible rates. Our interest rates are less than half of what other high street lenders charge from borrowers.

To easily understand the interest rates we charge, we have prepared an indicative example of how they are calculated on pawn loans. If you have any questions about a loan, our small team is always at hand to help.

Representative Example: Total credit: £4000. Set-up fees: £120. Loan term of 6 months. Annual Interest rate: 37.2% (fixed). Interest for 6 months: £766.32. Amount repayable in one instalment: £4,886.32. Representative APR: 49.2%.

Minimum APR: 18.8%. Maximum APR: 63.1%.

All loans are for a fixed term of 6 months. You can repay early at any time without penalty.

Risk Warning: If the loan is not repaid, the assets may be sold.

So, what are you waiting for? Unbolt your assets and release the funds tied up in your assets! Get in touch with us today.

Frequently Asked Questions

Is it better to pawn or sell musical instruments?

Though it is true that selling musical instruments is easy, if you are in urgent need of funds, it is better to opt for pawning which will offer you quick cash for musical instruments. Taking a loan against musical instruments is also the route to take if you wish to have your musical instruments back in the future.

Why should I choose Unbolted for pawning my musical instruments?

Unbolted offers you with the lowest interest rates on loans on musical instruments. Plus, you get a high loan-to-value when you pawn musical instruments with us while our loan processing is secure, easy, and fast.

How does your pawn shop determine the value of musical instruments?

Before disbursing your loan against musical instruments, Unbolted gets them assessed in person by music enthusiasts and specialists of the field. Combining the power of human expertise and a custom-made pawnbroking software is how we determine your amount of cash for musical instruments.

How quickly can I obtain my loan for pawning musical instruments?

With Unbolted, you can get cash for musical instruments quickly and easily from the comfort of your home. Just upload photos of your musical instrument and you will receive a loan offer within two hours. Once your musical instrument has been assessed closely, we will transfer your loan against musical instruments offer within minutes.

What is the interest rate for pawning musical instruments?

Pawn musical instruments with Unbolted and avail the lowest interest rates. The following example will help you understand our loan against musical instruments interest rates – Total credit: £4000. Set-up fees: £120. Loan term of 6 months. Annual Interest rate: 37.2% (fixed). Interest for 6 months: £766.32. Amount repayable in one instalment: £4,886.32. Representative APR: 49.2%.

 

Minimum APR 18.8%     Maximum APR 63.1%

How do I know if my musical instruments are valuable for pawning?

You can determine the value of your asset before applying for a loan against musical instruments by considering factors such as its rarity and condition. The rarer the model of your musical instrument, the more valuable it is and instruments in top-notch condition offer better loan on musical instruments offer than those that are worn-out.

How long does the contract run for?

Unbolted offers you a loan on musical instruments for a fixed tenure of six months. So, you will need to pay back your loan against musical instruments within this time period.

How do I get my pawned musical instruments back?

To get your pawned assets back, you need to repay your loan against musical instruments within the fixed period. In case you fail to pay back your loan on musical instruments on time, your instruments may be sold. 

Will pawning musical instruments affect my credit rating?

When you pawn musical instruments with Unbolted, you do not risk affecting your credit rating. Just like we do not ask for credit scores prior to extending your loan against musical instruments, we do not allow your ability or otherwise to repay the loan to affect your future credit score.

How does Unbolted compare to other musical instrument pawnbrokers?

As compared to other standard pawnbrokers, Unbolted allows you to pawn musical instruments in a completely safe and transparent manner, from the comfort of your home. Moreover, we offer the lowest interest rates in the market and a high loan-to-value of 70% on loan on musical instruments as compared to the standard 50%. 

What our customer say

4.85
Excellent
178
Reviews

Unbolted Latest

Bidding during a pandemic – is online only the new normal?

Bidding during a pandemic – is online only the new normal?

In the beginning of 2020, most of the world went under lockdown because of the Corona virus outbreak.

How to turn a Ferrari into a lifeboat station

How to turn a Ferrari into a lifeboat station

The sale of two rare Ferraris has helped fund the purchase of the new Pwllheli lifeboat house. A 1960 Ferrari 250 GT SWB and a 1967 Ferrari 275 GTB/4...

Stolen copy of Salvator Mundi, Discovered in Naples flat

Stolen copy of Salvator Mundi, Discovered in Naples flat

Police in Naples have discovered a stolen 500-year-old copy of Leonardo da Vinci’s Salvator Mundi, hidden in the attic of a flat. The Salvator Mundi, which achieved the highest...

Unbolted

Call us on 020 3567 1300

or visit us at
Unbolted
Token House
11-12 Tokenhouse Yard
London EC2R 7AS
by appointment only

Or email us info@unbolted.com

Money tied up in your assets? logo today!