Our loans work very similar to bank loans with interest being charged on the loan. The key difference is that an item of value must be pledged as security. There are no large 'setup fees' nor do we take weeks to give you a decision!
Once a loan price has been agreed we draw up a contract. All new Clients must present a photographic ID and proof of current address. We do not share this information with anyone and no credit checks are performed. This is fully confidential
All our contracts are for a term of up to 12 months, but they can be extended up to 18 months for loans over €5,000. The contract has a minimum term of 1 month and each item used as security can be redeemed at any time within the term period. Interest is charged on the date of the loan and on the first day of each subsequent month.
Settlement and Renewal
Small items used for security remain with us until the contract expires, but remain your property. You may apply for an extension provided that you have paid in full the accrued interest prior to renewal for a further period as agreed on by both parties.