Pawnbroking
We value your gold and jewellery and lend you some cash accordingly.
Interest is charged monthly. You can reclaim your items within 7 months.
How does it work?
We lend you cash against the security of your gold jewellery and diamonds.
The Loan is over 7 months and the items can be redeemed at any time during that period.
Loans can be renewed at any time for a further 7 months by paying the monthly interest owed.
If you allow the contract to expire your items will become our property and could be sold.
What Does it Cost?
Loans up to £75 = 9% per month
(131.1% APR typical)
Loans over £75 = 7.5% per month
(106.1% APR typical)
For example:
Original loan £100.00
Redeemed after 4 months £30.00
(ie 4 x £7.50)
Total amount repaid £130.00

