What does it cost?

What does it cost?

SERVICE OVERVIEW

Only the interest and costs for the elapsed time.
(An example for the purpose of illustration: If you were to bring the deposit to us on 7 March, for which we would provide a loan of € 300.00, the expiration date of the pawn ticket is, with the agreed duration of the term of four months, 7 July. If you do not redeem the valuable by 7 July, you can initially only pay the interest and costs for the time elapsed. In the example that would have been € 9.50, therefore € 38. (If you should want to collect the valuable at this point, the loan amount of € 300.00 would also come into play.) On the day of the extension, we provide you with a new pawn ticket on top of the loan, with the same conditions and again with a four month term. Therefore, for the extension of the loan you pay the same in interest and costs as you would pay if you had redeemed the valuable at the same time.)