Rates & Fees
We publish every rate publicly. No hidden fees, no fine print surprises. What you see is exactly what you pay.
CardPawn sports card pawn loan rates start at 3.5% per month on loans of $5,000–$14,999 and drop to 1.9% per month on loans over $100,000. There are no application fees, no storage fees, no insurance fees, and no early repayment penalties. The monthly rate is a flat fee on the outstanding principal — the only cost to hold your loan.
Loan Tier Rates
Our monthly fee is a flat percentage of the outstanding loan principal — charged at the beginning of each 30-day period.
| Loan Amount (CAD) | Monthly Fee Rate | Example: 3-Month Cost | Annualized Rate (APR equiv.) |
|---|---|---|---|
| $500 – $4,999 | 4.5% / month | $500 loan → $67.50 | 54% |
| $5,000 – $14,999 | 3.5% / month | $10,000 loan → $1,050 | 42% |
| $15,000 – $49,999 | 2.9% / month | $25,000 loan → $2,175 | 34.8% |
| $50,000 – $99,999 | 2.4% / month | $75,000 loan → $5,400 | 28.8% |
| $100,000+ | 1.9% / month | Negotiated terms | 22.8% |
✅ What's Included (No Extra Charge)
- Prepaid insured shipping label (in and out)
- Collectibles insurance during storage
- Climate-controlled vault storage
- Photographic cataloguing of every card
- Online account access & loan tracking
- 2-hour appraisal turnaround
- Same-day wire transfer upon card receipt
ℹ️ Potential Additional Fees
- Collections over $50,000: bespoke courier arranged (no charge to borrower)
- NSF / returned payment: $45 CAD
- Late payment (after 5-day grace): 1.5% surcharge on monthly fee
- Expedited return shipping (same day): $45–$95 depending on location
Worked Example
You have a PSA 9 Wayne Gretzky 1979-80 O-Pee-Chee Rookie appraised at $40,000 CAD.
| CardPawn Loan Offer (65% LTV) | $26,000 |
| Monthly Fee Rate (Tier 3) | 2.9% |
| Monthly Fee Amount | $754/month |
| 3-Month Total Cost | $2,262 |
| Total to Repay After 3 Months | $28,262 |
Card returned in same condition, still worth $40,000+. You kept the upside.
What Happens If Card Values Drop?
A common and fair question — answered completely and honestly.
No Margin Calls
We never monitor your card's secondary market price during the loan and will never demand additional collateral or top-up payments if values decline. Your loan terms are completely fixed at signing.
Non-Recourse Loans
CardPawn loans are non-recourse. In default, your cards settle the entire debt. We cannot pursue you personally, report to credit bureaus, or collect any amount beyond the collateral cards.
Fixed Repayment Amount
Your repayment obligation is always original loan + accrued fees only. A card that drops 40% in value still requires the exact same repayment to reclaim — market price does not change what you owe.
Why Our LTV Buffer Matters
We lend 50–70% of appraised value — not 100%. This buffer means a card must lose 30–50% of its value before the loan is theoretically "underwater." For blue-chip cards (Gretzky, Jordan, 1st Ed. Charizard) that have appreciated over decades, this represents a meaningful margin of safety for both parties.
Example: Card value drops 30%
Card appraised at $40,000 → loan of $26,000 (65% LTV)
Card drops 30% → now worth $28,000
Loan is still 93% covered by collateral value
No margin call. No action required.
What you can do proactively
- Make partial principal repayments to reduce balance
- Add additional qualifying cards as collateral
- Repay early — no penalty, fees stop accruing
- Convert to a sell if price declines concern you
For the complete explanation of collateral risk, borrower protections, and default scenarios, see our dedicated Loan Protection & Market Risk page.