Mobile Service
We bring loans to your doorstep. Request an assessment of your Gold & Gold Jewellery and our expert appraiser will come to you.
Mobile Cash Solutions that come to You
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Mobile Loan Process:
- Contact us and we will organise to meet you at a convenient and safe location.
- We assess the value of your Gold & Gold Jewellery then offer you a customised loan.
- Your money is transferred to your account.
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Easy Term Three-Month Loans mean You can:
- Redeem your loan in full.
- Decrease your total loan amount by paying fees.
- Extend the standard loan term by another three months if you need to.
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Loan repayments are calculated according to:
- The principle amount you borrowed.
- A once-off admin and initiation fee.
- Interest calculated according to your personalised mobile service loan.
Mobile Service
Coughlans offers an innovative city-wide mobile loan service that makes applying and receiving a loan even more convenient for you. You can also request an assessment to exchange your gold for cash. Our city-wide mobile services are available throughout the greater Durban, Pietermaritzburg, Cape Town and Johannesburg areas. Our Mobile Services extend into other selected areas across South Africa, contact us to find out more.
Togther We find Cash Solutions that work for You
Mobile Services FAQ's
What is the Difference between Selling and Collateral?
When you sell an item, you get a set amount of money in exchange for
what you are selling. There are no interest charges and you no longer
own the item that was sold.
If you use Gold & Gold Jewellery as collateral, you are using it to
secure a loan with the intent of paying the money back. Therefore, once
you’ve repaid the loan back as agreed, the item(s) will be given back to
you. However, if you fail to make loan payments, then the Gold & Gold
Jewellery will be used to pay back your loan and any associated costs
What Types of Gold can be used for a Gold & Gold Jewellery Collateral Loan?
Gold is measured on a karat scale of 0 to 24. Coughlans offers loans for Gold & Gold Jewellery which is 9-karats and upwards. We accept yellow, rose and white gold. Gold plated items are not regarded as true gold and therefore cannot be used as collateral.
Who is Eligible for a Loan?
Anyone who is 21 years or older is eligible to be considered for a loan with Coughlans. The requirement for a loan is to have a genuine gold item that can be used as collateral. This means that we do not need to know your blacklisted status, employment history or credit rating. We therefore only require an identity document to process your loan against the item(s) you bring in.
Can I get a Loan if I have a Poor Credit Rating, am Blacklisted or Unemployed?
Coughlans uses Gold & Jewellery, already owned by customers, as collateral. Therefore, there is no need for background and credit checks or reviewing employment history or bank statements. As such, our loans are available to those with a poor credit rating, who are blacklisted or unemployed.