Pawn

Pawn Process Overview:

1. Application or Contact Support: Describe the item you wish to pawn and attach photos of the item.
2. Receive a Quote: Based on the information provided about your item, we will inform you of its eligible loan value. Loan amounts vary according to the type of item.
3. Shipment or Drop-off: You have the option to mail your item or bring it directly to our store.
4. Await Appraisal and Receive Loan: Once we receive the item, our expert appraisers will evaluate it. Upon successful appraisal, we will promptly settle with you and sign a pawn loan agreement.
5. Follow-Up Procedure: Our pawn loans accrue interest monthly. By paying the interest due each month before the deadline, we will continue to safeguard your item. Failure to pay interest by the due date allows us, as per the contract, the right to process the item as deemed necessary.

Loan Amounts and Monthly Fees:

TERMS AND CONDITIONS

1. If you do not claim your goods by the due date on the Pawn Ticket, Collins Rain may sell them without telling you.

2. If the Pawn Ticket covers more than one item of goods, the items may not be separately redeemed.

3. Goods may only be redeemed by the holder of this Pawn Ticket. lf the ticket is stolen, a new ticket will be issued only in accordance with the applicable statute.

4. Interest as stated on the front of the Pawn Ticket will be charged from the date of this contract until the date of redemption or sale. A minimum of one month's interest will be charged at the date of this contract.

5. The Redemption Period shall be for a period no less than 1 month, or as per relevant State Pawnbrokers' Legislation. The Redemption Period is stated on this Pawn Ticket.

6. Redemption Date/Due Date: The goods will be stored for exactly the number of months stated as the Redemption Period. If you require more time to pay back the loan, you can pay one month's interest as shown on the Pawn Ticket before the Redemption Period expiry date. Please remember to allow enough time for the bank transfer to reach Collins Rain. This payment will extend the Due Date and Redemption Period by one month until the total redemption period reached 12 months, after which no further interest will be added to the outstanding balance.
*IMPORTANT:IF THE INTEREST HAS NOT BEEN PAID OR THE GOODS REDEEMED BY THE
DUE DATE, COLLINS RAIN MAY SELL THE GOODS WITHOUT NOTICE TO YOU.

7. Cheques will not be accepted as a form of payment of any amount due under this contract.

8. Collins Rain is not liable for any loss of the goods due to burglary, fire, theft or any other circumstance not reasonably within its control. You should separately insure the goods for these risks.

9. If, while the goods are in the possession of Collins Rain, any licence in respect of the goods is due to expire, the Customer authorises Collins Rain to pay the licence renewal fee and to add that amount to the Amount Lent.

10. The goods may be redeemed through negotiation at any time before the sale (or in the case of goods to be sold by auction, at any time before they are consigned for auction), even after the Redemption Period has expired, provided the Amount Lent, all interest and applicable charges due are paid.

11. Collins Rain will keep the goods during the Redemption Period at the premises where they are pawned, except where the goods have been moved to a secure storage facility that is listed on our relevant licence.

12. Motor vehicles or other large motorized items maybe moved under their own power to our storage facilities, which will increase any odometer or other wear and tear measurements and cause normal.