Personal Loans
When you need a hand, we are here to help you bridge your cash gap, using what you already have. No credit checks, no proof of income and no delays.
Coughlan's Personal Loans stand out because We Care
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Our Personal Loan Process:
- You bring your Gold & Gold Jewellery in for an appraisal.
- We assess and offer you a personalised loan.
- We get your money to you.
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Our Easy Loan Terms give You the options to:
- Redeem your loan in full.
- Decrease your loan total by paying fees.
- Extend the standard loan term agreement by another three months if you need to.
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What can you expect to repay?
- The principle amount you borrowed.
- A once-off admin and initiation fee.
- Interest calculated according to your personalised loan.
Personal Loans
When you need a hand, we are here to help you bridge your cash gap, using what you already have. No credit checks, no proof of income and no delays
At some point, everyone needs a personal loan. By using what you already own to access the cash you need immediately, our loan process is quick and doesn’t require a credit score, blacklisting disclosure or an employment history. On average our in-store loan process takes 15 minutes.
We offer collateral three-month loans against Gold & Gold Jewellery, with easy terms that are flexible and transparent.
We provide you with direct access to the funds you want, when you need them and give you the choice to spend how you’d like to.
Togther We find Cash Solutions that work for You
Personal Loans FAQ's
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.
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.