Cash Convertors?

Question

I'd really like a little feedback from those who have used it?

how did you find it? did you get a fair price, and was the service worth it?

going to one in stourbridge, thanks xxxxxxxxxxxxxx

Answer 1

It's a modern pawnbroker.

Second hand goods sell for a max of 60% on retail.

Shop has to make a profit so will pay between 20 - 33% of retail.

You are more likely to get a good price on ebay.

People who think it is just for junkies have never been unable to get credit.

If you realise that 35% of the population have no credit or overdraft facilities then Cash Conveters doesn't seem so bad.  The fees work out at about 30% apr if you buy your goods back within 30 days.

It certainly beats the alternative of Shopacheck or Provident , often the only other alternative for people with a low credit score. Shopacheck will lend you up to £500 at an apr of 110%. No that is not a typo!

Answer 2

Depends on the area and what you are selling they have replaced the old fashioned pawnbroker I buy quite a few bargains there. But if you want to sell why not go to eBay you are on line anyway

Answer 3

like the guy above me said, its where crackheads sell either there families stuff or stolen stuff, steer clear

Answer 4

Shops like that are for crackheads selling what they have left in order to buy a rock.