hockit

How It Works

You can unlock the value of your personal goods with a cash loan. Bring your items into the shop, and we will loan you cash against them. You then have one month to either repay the loan plus the low fee, or you can simply pay the monthly fee to extend the pawn loan for another month.
Your goods are stored in our secure storage vault
Yes, there is no limit for how much or how many pawn loans you can get at Hockit.
We specialise in Fancy, this includes Gold, Diamond & Gemstone Jewellery, Luxury Handbags and Accessories, Swiss Watches, Nike Sneakers (Deadstock Only), Gold & Silver Bullion and Coins. We will also accept some Tech products like Apple Iphones. Macbooks and Ipads.
Pawn loan transactions usually only take about ten minutes. There is a small delay for luxury handbags, as we must authenticate them before paying out the loan. This process typically takes one to two hours, and the pawn loan funds can be deposited directly into your bank account, so there’s no need to wait at the shop.
We use the Entrupy Authentication service for all items in our business. Entrupy certifies the authenticity of luxury products using an objective, scientifically proven approach. Each item is scanned using a microscopic camera and this information is submitted directly to Entrupy to be scrutinised by their unique algorithmic analysis process. A Certificate is then produced for each item pawn or sold to us. The certified stays with each item and guarantees authenticity.
There is no upper limit for a Pawn Loan at Hockit, what ever the amount we will do our best to satisfy your needs. Most Pawn loans at Hockit are above $500
Yes you need to make at least the monthly interest payment
Yes, you can pay via direct deposit using internet banking and the customer code found at the bottom of your pawn ticket. Alternatively, you can simply use your surname as the reference when making the payment to BSB: 063-188 ACC: 10430619.
Our pawn loans are determined by the resale value of your goods, not the RRP (retail value). The resale value of your goods varies a lot, some brands have better resale values than others, and the condition of the items also impacts their resale value. Please bring your goods to our shop to determine their pawn value.
Luxury Handbags & Accessories

  • Under $500 – 20%

  • Over $500 – 15%

  • Over $1000 – 10%
 
Jewellery & Watches

  • Under 500 – 20%

  • Over $500 – 15%

  • Over $1000 – 10%
 
Tech
  • Under $500 – 35%
  • Over $500 – 25%

  • Over $2000 – 15%
 
Gold
  • Under $1000 – 10%

  • Over $1000 – 8%
  • Over $5000 – 6%


Larger Loans – We will price match any competitors lower rate.

You can keep you goods on Pawn loan as long as you need to, you must pay the interest each month which will extend for another month
Yes, you may make payments to pay off the principal loan amount. These payments will reduce the redemption amount of the pawn loan but will not reduce the interest charge each month. You must continue to pay the interest fee every month, regardless of any principal payments you have made in the past.
We will hold your goods for at least seven days after the due date at which time we will prepare and offer your goods for sale in our retail shop and online. We really do not like selling items of sentimental value and so please stay in touch with our team if you are having difficulty repaying a pawn loan and we will work with you as much as we can.

No problem – give us a call 0400185185 or email us hello@hockit.com.au and we will organise a remote Pawn Loan. You will need to send you items to us and then we will email you the Pawn contract and pay you directly into your account.

Pawn shops offer a very fast and convenient way to access funds when you need it. There are no credit checks and no penalty fees for not repaying the pawn loan, if you chose not to redeem your pawn loan we simply consider that you sold the goods to us and we sell them to recover the loan amount and any interest owing.
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