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    Amount Financed 2. Finance Charge 3. Monthly Rate 4. Total Amount of Payments

    Uploaded by

    Glass Eyes
    This pawn agreement outlines the terms of a loan secured by personal property pledged as collateral. It lists the amount financed, finance charges, monthly rate, total payment amount, and payment terms. The agreement states that if the customer does not pay off the total amount within a set number of months, the pledged collateral may be forfeited and sold by the pawnbroker. It also allows for prepayment without penalty and requires the customer to notify the pawnbroker if the pawn ticket is lost.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd

    Amount Financed 2. Finance Charge 3. Monthly Rate 4. Total Amount of Payments

    Uploaded by

    Glass Eyes
    4K views1 page
    This pawn agreement outlines the terms of a loan secured by personal property pledged as collateral. It lists the amount financed, finance charges, monthly rate, total payment amount, and payment terms. The agreement states that if the customer does not pay off the total amount within a set number of months, the pledged collateral may be forfeited and sold by the pawnbroker. It also allows for prepayment without penalty and requires the customer to notify the pawnbroker if the pawn ticket is lost.

    Original Description:

    agreement on pawning

    Original Title

    Pawn-Agreement

    Copyright

    © © All Rights Reserved

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    This pawn agreement outlines the terms of a loan secured by personal property pledged as collateral. It lists the amount financed, finance charges, monthly rate, total payment amount, and payment terms. The agreement states that if the customer does not pay off the total amount within a set number of months, the pledged collateral may be forfeited and sold by the pawnbroker. It also allows for prepayment without penalty and requires the customer to notify the pawnbroker if the pawn ticket is lost.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    4K views1 page

    Amount Financed 2. Finance Charge 3. Monthly Rate 4. Total Amount of Payments

    Uploaded by

    Glass Eyes
    This pawn agreement outlines the terms of a loan secured by personal property pledged as collateral. It lists the amount financed, finance charges, monthly rate, total payment amount, and payment terms. The agreement states that if the customer does not pay off the total amount within a set number of months, the pledged collateral may be forfeited and sold by the pawnbroker. It also allows for prepayment without penalty and requires the customer to notify the pawnbroker if the pawn ticket is lost.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 1

    Pawn Agreement & Disclosure

    Dated: ________________
    Transaction number: ___________________
    Customer’s Name: _______________________________
    Address: _______________________________________

    1. Amount Financed
    2. Finance Charge
    3. Monthly Rate
    4. Total amount of payments

    PAYMENT TERMS:

    This loan is payable in _______ payments.

    Security interest. This loan is secured by a pledge of personal property described as follows:

    The pledge will remain in the possession of pawnbroker until this loan is determined. In the
    event the customer has not paid in full the Total of Payments indicated above within
    __________ months, or this loan has not been renewed within such period of time as provided
    for below, the pledge described herein may be forfeited and sold.

    PREPAYMENT OF LOAN:
    Customer may prepay without penalty the unpaid balance of this loan..

    THIS PAWN TICKET MUST ACCOMPANY ALL PAYMENTS. Notify pawnbroker at once if this
    ticket is lost.

    CUSTOMER HEREBY ACKNOWLEDGES RECEIPT OF A COPY OF THIS STATEMENT.

    _________________________

    Customer

    _________________________

    Pawn Broker

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