Filipinos need to prepare for any eventuality or emergency. Unexpected expenses, the reduction of employment opportunities and security, coupled with keeping one’s family safe are why Villarica Pawnshop, one of the country’s leading pawnshops, keeps reminding Filipinos that every peso counts.
Since 1954, the company has provided Filipinos instant cash and offered higher appraisal rates in their more than 600 branches nationwide versus other pawnshops.
Villarica Pawnshop continues to offer the highest appraisal rates for pawned items at no service charge. This means that Filipinos get the full appraised value for the items and the cash when people need it most, without the hassle or hidden charges.
Lester Villarica said that in support of the Filipino people in these difficult times, Villarica Pawnshop went further by providing the most liberal terms and conditions such as the highest appraisal on loans with lower interest rates.
A financial expert in www.upfinance.com Shiela May Gasatan said in a statement that, “Overall, pawnshops are very helpful as they have become one of the financial refuges of many Filipinos, even before the pandemic.”
“One of the fastest ways of getting quick cash during hard times is to pawn your valuables. And of course, this became one of the top options of the Filipinos as a financial lifeguard amidst the pandemic,” she said.
The statement was especially true in 2020 at the height of the lockdown and the pandemic, where the purpose of the pawnshop industry has transformed in the eyes of the Filipino public. Pawnshops have become quick access locations for cash especially in underserved areas by banks and financial institutions.
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