How to turn your designer bags and luxury watches into emergency funds during the pandemic

The COVID-19 pandemic is a source of financial stress for many of us – and we all have to deal with the rising cost of daily necessities, in addition to other worries like job loss, closures companies and medical bills that reduce our savings. and shrinking budgets.

But did you know that you can turn your designer bags and watches into instant funds when the need arises – and you don’t even have to leave your home to do it?

PawnHero, the country’s leading digital pawnshop or sanglan, can help you with that.


PawnHero has been in the business of providing short-term, collateral-based loans to financially troubled Filipinos since 2015.

With its relatively low interest rates, PawnHero has become a lifeline for so many of our kababayes need a quick money fix. It offers flexible loan terms and higher appraisal value for items compared to traditional pawn shops. Plus, they accept more than the usual jewelry that can be pawned, including luxury watches, designer bags and accessories, gadgets, home appliances, soundbars, and even game consoles.

The pledging process is as simple as it is discreet and convenient. You can get your items rated online by providing detailed descriptions on their website, You can also send photos of your items through PawnHero’s Facebook, Instagram Where Viber through the #MagkanoSaPionHero campaign. A schedule is then defined for a courier – alias a pawn shop – to collect your item at no additional cost, since the withdrawal and return services are free. Once assessed and the final loan offer accepted, you can now opt to withdraw by wire transfer, InstaPay, or through PESOnet partner banks or e-money issuers.

Walk-ins are also entertained at their desk at 7e Floor of the W Global Center at BGC Taguig from Monday to Saturday.

“People can actually pledge multiple items in a single transaction day,” says Iris Tagud-Pastor, COO of PawnHero. “This makes it immeasurably more convenient and rewarding for our customers, especially in this time of limited movement. “

Is it legitimate? Absoutely. PawnHero is regulated by the Bangko Sentral ng Pilipinas, and all pledged items are covered by Pioneer Insurance to give you extra peace of mind. For your instant cash flow needs, visit call 8828-CASH (2274), 0999 222 CASH, 0917 872 CASH, or drop a message on Facebook: PawnHero Pawnbroker.