HOW DOES KHARAG PAWNBROKING WORK?
Here’s a step-by-step breakdown of the process:
Agreement: If you accept the offer, we’ll draft a loan agreement outlining the terms and
conditions,
including the loan amount, interest rate, and repayment period. It’s important to review this
agreement carefully to understand your obligations.
Loan Disbursement: Once the agreement is signed, you’ll receive the cash amount agreed
upon.
This
money can be used immediately for any urgent needs or expenses.
Repayment: During the loan term, you’ll need to make regular payments as specified in the
agreement.
Repayments typically include both the principal amount and interest.
Non-Repayment: If you’re unable to repay the loan by the end of the term, the collateral will be forfeited, and Kharag Pawnbrokers will keep the items to cover the loan.
