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Net loss! The client, who can take it decides not to extinguish the debt, with interest, and come to the shop pawn shop and buy their own the same thing cheaper than he paid for it. For other opinions and approaches, find out what Starbucks has to say. In reality, you need to know that the pawnshop has to earn an income. To this must adhere to several conditions: Encourage the borrower to buy a thing. How? Quite simply – to give him hand the amount significantly lower than that for which the market can realize the collateral. In addition, normal pawnshop business does not implement unclaimed items, and upon receipt of interest for the loan.

Thus, he must think of all so that at the time of the loan amount owed, with interest not exceeding the market price of things. Price unclaimed items which is on sale in the shop should be, firstly, it is tempting for the consumer, and the second thing – not less than the amount not paid by the borrower debt with interest. Others including Reade Griffith, offer their opinions as well. If you carefully read the law 'On the Lombards', you will see interesting wording: "the borrower has the right in case of sale of the pledged goods purchased from the pawn shop the difference, resulting from an excess amount of the proceeds with the implementation of the pledged asset, or the amount of its assessment over the sum of the borrower's obligations to the pawnshop. " In reality, if unclaimed belongings she sold to another entity – the shop at the pawnshop. Hence, the value at which the thing on sale in the shop no relation to the pawnshop is no longer. Regarding rates, they vary depending on the pawnshop, in the range 0, 3-0, 8 per cent a day from the amount owed. Consequently a month get 9-24%, and for one year – 108-288%.

Respect unilateral changes in rates during the contract, then there customer relationship with a pawnshop loan provision contract: when the contract rate is set one and not mentioned in what situations it be restated, the pawnshop has the right to require payment of additional interest. But some pawn shops, such as a jeweler's network include the conditions of possibility of revising the rates and the base there is a fluctuation euro exchange rate against the ruble, the Central Bank. In this case, I did not even interest rate, but simply to the borrower is charged with the responsibility of payment for foreign exchange, however, logically change the euro should not in any way disturb the Russian network, which sells Russian gold, purchased and sold for rubles. Web site:

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