PAWNSHOP LOAN

PAWNBROKER LOAN INDONESIA PEGADAIAN

GOLD PAWNSHOP INDONESIA

In Indonesia pawnshops are lending money against the security of pledged goods left in pawn such as gold on the condition that it may be redeemed or repurchased by the Indonesian money borrower for a fixed price however within a fixed period of time.

In Indonesia a pawnbroker is a person whose main business is to lend money at interest on personal valuable goods deposited with himself as the lender until redeemed.

Indonesia’s pawnshops principles are easy as they offer loans in exchange for personal property as collateral and if the loan is repaid within the agreed time frame, the pledged goods can be repurchased at initial price added with interests, if not, the property is to be liquidated by the pawnshop via sales to customers.


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