Pawning is the act of lending money besed solely on the value of personal collateral. As a result no credit checks or employment history is needed . The entire process can be completed in a matter of minutes. Two pieces of ID including a valid BC Photo ID is required. You need to be at least 18 years of age to pawn.
How much money can be borrowed?
We lend a percentage of the resale value of the collateral. We loan on a variety of items including gold & diamond jewelry, musical instruments, TVs, video games, current smart phones, current computers, power tools and more.
Gold and diamond jewelry is determined by today's current markets. Electronics are valued by current demand & brand name. We only accept the newest, latest models with all components.
Fast Approval. Instant Cash!
Barclay's Exchange Inc. offers a convenient and easy way to get cash fast! Most loans can be written up in minutes. Barlay's Exchange Inc. is now in its 30th year with the destinction of being Vancouver Islands largest full service licensed Pawnbroker offering buy, sell, trade and loans with special rates on large loans to $10,000. Discounted loans on pawn contracts of $50 or more redeemed within 10 days. Loan contracts are written for one (1) calendar month and as a courtesy the pawnbroker requires a service payment by the second (2) calendar month to be paid to extend the contract. The company will extend the contractual agreement for another calendar month for an additional month service charge. The pawnbroker requires a payment at this time to extend the loan on an ongoing month to month continuance after the initial two calendar months. You must be 18 years of
age. We require 2 pieces of valid BC ID including one photo ID.
Jewellery, gold, silver, bullion, art, phones, recent modern electronics, construction equipment and quality tools are acceptable collateral. After an additional 6 courtesy days all items will be considered abandoned and defaulted to Barclay's inventory.
If you are looking to purchase that hard to find item or have something you wish to sell or trade, give us a call today at (250) 381-4466 (retail) or (250) 381-2121 (loans). We will be happy to assist you!