What is the percentage in the pawnshop 585. Interest in the pawnshop. Conditions for issuing a loan secured by items made of precious metals in pawnshops
When obtaining a loan secured by jewelry (gold jewelry), certain rules apply. Settlements with the pledger are made on the basis of the price lists in force in pawnshops, which can be found in any store where there is a pawnshop. Valuables are accepted to the pawnshop regardless of the presence of manufacturers' marks and imprints of state assay marks on them.
NOT TO BE RECEIVED IN A Pawnshop
- Diamond raw materials and semi-finished products;
- Precious metals in native and refined form, as well as in raw materials, alloys, semi-finished products, industrial products, chemical compounds and production and consumption waste;
- Semi-finished products for jewelry and dental prosthetics (except for crowns and discs);
- Products for industrial and technical purposes from gold, platinum, palladium and silver;
- Raw gemstones (including natural pearls);
- Orders and medals.
TERMS AND CONDITIONS FOR ISSUING A COLLATERAL LOAN PRODUCTS FROM PRECIOUS METALS IN Pawnshops
- The loan is issued for a period of 1 to 60 days
- The "Re-loan" service allows you to repeatedly extend the term of using the loan without repayment (with partial repayment) of the principal loan debt. When re-pledging, only interest is paid for the past period of use of the loan and, in case of partial repayment, a part of the loan amount.
- The interest rate per day for using the LOAN is established according to the conditions, which can be found in any store where there is a pawnshop.
- The calculation of the amount of interest for using the loan is made for the actual period, including the day of the conclusion of the loan agreement and the day of repurchase (the day of repayment of the loan and return of accrued interest).
- Acceptance of products made of precious metals is made from persons who have reached the age of 18, upon presentation of an identity document.
- The decision to accept the item as collateral to secure the loan is taken by the pawnshop merchant. If any controversial questions arise, the consumer can contact the management of the pawnshop through the store director.
- The maximum loan amount is no more than 100% of the appraisal amount.
- Valuation of items made of precious metals is carried out in accordance with the current price lists approved by the General Director.
- All types of gold products are accepted on bail, according to the current price lists, which have withstood the test with a chemical reagent. If the pledger refuses to test the product by notching and checking with chemical reagents, the responsible person of the pawnshop has the right to refuse to accept the products as a pledge.
- Stones and inserts made of non-precious metals that are in items are not hardened when the items are received.
- Gold watches are only evaluated for the sheer weight of precious metals, namely the watch case.
- Before the deadline for the sale of the values, the Pledger has the right to claim them, having settled with the pawnshop for the obligations to repay the loan and interest on it.
- In case of loss of the security ticket, the pledger shall apply for the loss or theft of the security ticket to the general director of the pawnshop.
- In the event that the pledger fails to fulfill its obligations to return the loan amount and interest on it within the period specified in the pledge ticket, taking into account the grace month, the pawnshop has the right to sell the pledged property and receive satisfaction of its claims from the amount received in accordance with the current legislation.
- The return of the mortgaged property (after the return of the loan and interest on it), as well as the provision of any information about the terms of the transaction is carried out only with the personal appearance of the pledger (owner of the property) or his representative, whose rights must be confirmed by a power of attorney certified by a notary. The fact of close relationship by itself (without a formalized power of attorney) for a relative of the pledger does not give any rights (including the right to receive information about the pledged property). In the event of the death of the pledgor and before the issuance of a certificate of the right to inheritance in accordance with the established procedure, the necessary powers in relation to the property shall be exercised by the notary in whose proceedings the inheritance case is located, or by persons authorized by this notary.
Everyone today wants to profitably hand over their grams of gold to a pawnshop in order to get the highest amount for them. Prices for 585 gold can vary significantly, so we decided to help citizens by compiling a kind of rating of 40 pawnshops in Moscow and St. Petersburg with the most interesting conditions for buying gold. We also have a gold price calculator.
For our study, we analyzed the register of pawnshops, which is located on the website of the Central Bank of the Russian Federation, selecting from it organizations from Moscow and St. Petersburg. If you want to know, today in the Russian Federation there are about 5 thousand operating pawnshops, of which about 600 operate in Moscow, about 150 work in St. Petersburg.
In search of prices for a gram of gold 585, we checked most of the presented pawnshops. Unfortunately, many still do not have their own official sites on the Internet. Some did not consider it necessary to post on the site the conditions and prices at which you can hand over your gold to a pawnshop. However, we hope that the companies that we have found on the network will be enough to get an idea of what prices are for gold in the pawnshop today.
Price per gram of gold in pawnshops in Moscow
| Pawnshop name | Pawnshop registration date | |
|---|---|---|
| Meridian | 1400-1900 | 10.02.1995 |
| Magnet | 1440-2500 | 31.07.2002 |
| Recipe for success | 1400-1900 | 07.08.2009 |
| Your pawnshop-2 | 980-2500 | 08.01.1998 |
| Pawnshop Capital | 1400-1800 | 17.12.1996 |
| Archipelago-Holding | 1350-1450 | 23.03.1998 |
| Pawnshop A1 | 1300-1400 | 23.09.2015 |
| Almaz Group Lombard | 1400-2200 | 10.05.2001 |
| Pawnshop "Danilovsky" | 1200-1600 | 10.08.1999 |
| Cilesta | 1500 | 15.02.2001 |
| City pawnshop | 1250-1460 | 15.11.1995 |
| Pawnshop "Top Gold" | 1300-1400 | 20.10.2005 |
| There is money | 1430 | 19.11.2007 |
| Pawnshop of the Century | 700-2500 | 21.02.2008 |
| Center Lombard | 1400-1650 | 03.04.2008 |
| Asset Lombard | 850-1600 | 02.02.2009 |
| Pawnshop Vector | 1400 | 18.08.2009 |
| South BFR | 1400-2455 | 25.03.2013 |
| Pawnshop Finkom | from 1400 | 11.01.2010 |
| Lombard Favorite | 1280-1480 | 02.12.2010 |
| People's pawnshop | 1300-1650 | 17.02.2011 |
| City Credit | 1350 - 1700 | 19.07.2011 |
| Pawnshop 01 | 1430-2015 | 05.09.2012 |
| Reliable | 1200-1400 | 17.10.2016 |
| Crown | 1100-1300 | 06.09.2012 |
| The first jewelry pawnshop | before 1810 | 13.02.2014 |
| Ostlantic | 700-1400 | 25.02.2014 |
| Maximum | 1200-1550 | 21.07.2014 |
| Mosoblllombard | from 1400 | 28.07.2014 |
| Gold point | 1475-2000 | 11.12.2014 |
As you can see from the table, today the price of a gram of gold in a Moscow pawnshop starts at 700 rubles. The maximum mark is at the level of 2500 rubles. However, these are extremes, and, as always, the golden mean wins. On average, pawnshops in the capital accept 585 gold at 1400 rubles per gram.
Price per gram of gold in St. Petersburg pawnshops
| Pawnshop name | Price per gram of gold 585, rub | Pawnshop registration date |
|---|---|---|
| United pawnshop | 1460-1800 | 20.05.1994 |
| Pawnshop for you | 1300 | 30.10.2008 |
| White Nights | 1480-2012 | 17.04.2015 |
| Lombard House | 1100-1500 | 11.07.2011 |
| Pawnshops YUS-585 | 1460 | 12.04.2011 |
| Gold Neva | 1450-1800 | 01.03.2016 |
| Confidence | 1480-1839 | 13.07.2009 |
| Petersburg pawnshop | 1460-1600 | 04.03.2016 |
| Betty boop | 760-850 | 29.01.2009 |
| Lengorlombard | 1350-1550 | 06.05.2016 |
| Golden time | 1405 | 29.08.2017 |
Pawnshops in St. Petersburg accept gold at prices that are in no way inferior to those in Moscow. Here, on average, the cost of 1 gram is at 1400 rubles. True, in St. Petersburg there are much fewer pawnshops that accept gold more than 2,000 rubles per gram. But, perhaps, this is simply explained by the smaller number of operating pawnshops in St. Petersburg compared to Moscow.
Addresses of branches of pawnshops in Moscow and St. Petersburg
| Pawnshop name | Region | Branch addresses |
|---|---|---|
| Magnet | Moscow | 1) st. Admiral Lazarev, 62 2) Vidnoe, st. Zavidnaya, 6 |
| Your pawnshop-2 | Moscow | 1) Simferopol boulevard, 17, bldg. 1 2) Korovinskoe highway, 19 3) Prospect Marshal Zhukov, 39, bldg. 1 4) Karelsky blvd, 5 5) st. Kantemirovskaya, 29, bldg. 2 |
| Almaz Group Lombard | Moscow | 1) Entuziastov highway, building 24/43 2) st. Krasnodarskaya, house 65/18 bldg. 1 3) st. Novokosinskaya, house 19 |
| Pawnshop of the Century | Moscow | 1) Varshavskoe highway, house 78/2, room number 7 2) Walnut Boulevard, house. 14, building 3, pav. 392 3) Krasnaya Presnya street, building 23, building B, building 1 4) st. Novoslobodskaya, building 5, building 1 5) Prospect Mira, building 61/8, building 1 6) Boulevard Dmitry Donskoy, 8, building 1. TC "Cliffstore" 7) Prospect Vernadsky, 14 |
| Pawnshop 01 | Moscow | 1) Proletarsky prospect, 31 2) st. Kirovogradskaya, 28, building 1 3) st. Kasimovskaya, 22A, TC "Magnet" 4) st. Mikhnevskaya, 7, building 2, building 1, shop "Dixie" 5) Nut blvd, 53, building 2, pom. 2h 6) Green Avenue, 23/43 7) st. 9th Parkovaya, 70, building 1 8) st. Ramenki, 3, supermarket "Perekrestok", 9) st. Uralskaya, 1 10) st. Pervomaiskaya, 73, pom. 3 |
| White Nights | SPb | 1) st. Marata, 4 2) Station square, 3, Murino |
| Confidence | SPb | 1) Vladimirsky prospect, 15 2) st. Paper, 1 3) blvd. Novatorov, 73 4) st. Cash, 40 5) st. Yaroslav Hasek, 4 6) st. Dybenko, 24 7) Grazhdansky pr., 43 8) Prosveshcheniya Ave., 32, building 1 9) st. Zvezdnaya, 8 10) st. Babushkina, 42 |
| Gold Neva | SPb | 1) st. Komsomol, 16 2) st. Bolshaya Konyushennaya, 2 3) pl. Carla Faberge, 4 4) Lunacharsky Ave., 60 5) Shlisselburgsky pr., 11 |
| United pawnshop | SPb | 1) Prosveshcheniya Ave., 54 2) Engels Ave., 16, building 2 3) st. Kupchinskaya, 32, building 1 4) Chernyshevsky square, 5 5) Spassky per., 4 6) 7th line VO, 38 7) Pushkin, October Boulevard, 41 8) Bolsheokhtinsky pr., 25/5 9) Ilyushin street, 1, building 2 10) Dybenko street, 23 |
| Lengorlombard | SPb | Pyatiletok Ave., 4, building 1, letter A, room 7N |
The cost of a gram of gold
Gold can be pledged to a pawnshop, having received borrowed funds against it, or you can sell gold by receiving cash. The prices for a gram of gold in these two cases may differ slightly, but not at all.
The final score will depend on the condition of the gold object. Pawnshops love to divide them into 3 categories:
● The first category includes products in perfect condition with valid marks on the metal. For such a product, the maximum amount will be provided.
● In the second - products with minor defects, but at the same time with valid marks on the metal. Here you can get the average price per gram of gold
● In the third - items with marks that cannot be read, low-standard gold, items with traces of repair, various defects. You can count on the minimum cost.
Loan terms
Interest rates on loans secured by gold, of course, are lower than on microloans in MFOs. If loans before payday are given at 2% per day, then in pawnshops you can get money at a modest 0.2-0.4% per day.
By the way, rates in pawnshops today are legally limited. The central bank monitors the market on a quarterly basis and calculates limit values that cannot be exceeded. For today, the maximum is at the level of 0.4% per day. This is, if we talk about loans secured by gold. A car loan is even cheaper.
The rate can also fluctuate depending on the assessment of the collateral, the reliability of the borrower and the possible amount that the pawnshop can earn from the sale of the collateral if the client does not return the borrowed funds on time.
The procedure for obtaining borrowed funds
To sell gold to a pawnshop or to get a loan for it, a client needs to take a few simple steps:
● Choose a suitable pawnshop and come there with gold. Some companies offer borrowers an online collateral assessment system. That is, you can send a photo and a description of the decoration to receive a preliminary cost
● On-site specialists and experts of the pawnshop will carefully study the products, weigh and offer the best price
● Next, the client signs a security ticket and a loan agreement. Needless to say, these are very important documents that should be read carefully ?! For example, the ticket contains the key characteristics of the deposit: weight, volume, metal, presence of precious stones, presence of defects, etc. Having signed the paper, which says that the ring weighed 5 grams, the client will then no longer be able to demand the return of the ring weighing 7 grams.
● If the client decides to deposit gold as a pledge, then it is sent to a special storage, where it will wait for the borrower to repay the loan. All objects are insured, the pawnshop is personally responsible for the return of the gold in its original form.
● The money must be returned on time. If the money is not received, then the pawnshop will not call the debtor and will not start attracting collectors. He'll just wait another month and then post the bond for sale.
Benefits of pawnshops
For many citizens, pawnshops today are a great way to get. You only need to have a Russian passport and a gold item. You don't have to collect certificates, look for guarantors, prove your solvency, improve your credit history.
Pawnshops estimate the deposit in 5-10 minutes, after which the citizen can start signing documents and receiving funds.
The advantages of pawnshops include:
● Speed and efficiency of work
● No requirements for the borrower's solvency
● Low interest rates on loans
● It is possible not to return the loan by paying off the collateral
● No problems with claimants and collectors, no lawsuits
Among the companies, it is worth mentioning the pawnshop 585, which has been operating for 7 years already aimed at issuing "quick" loans to individuals secured by valuables. The loan term is from 1 to 30 days, and the amount of loans can be quite small. The company claims that they even give out UAH 500-700. in the form of a loan. The services of pawnshop 585 are used by clients who need cash for up to 30 days.
Pawnshop 585 is a convenient alternative to bank lending, since the procedure is simplified, and the amounts can be minimal.
About company
The legal name of the company is the full company Lombard 585, Jeweler and Company LLC. A general partnership registered in Kharkiv is included in the state register of financial institutions of Ukraine according to the decision of the National Commission of Financial Services dated February 23, 2010.
The company has the right to lend to individuals using its own funds. On June 15, 2012 the company received a license for financial lending at the expense of attracted funds.
The company's activities are under the supervision of the National Commission for Financial Services, which guarantees compliance with the current legislation not only in the framework of microcrediting, but also in the issue of guarantees of consumer rights.
Lombard 585 also guarantees complete confidentiality when processing personal data of a client in accordance with the Law of Ukraine "On the Protection of Personal Data".
Conditions for issuing a loan at a pawnshop 585
Unfortunately, it was not possible to find the official website of pawnshop 585 on the Internet. Information about the work of a pawnshop, about the conditions of online lending can be found on the page in "VKontakte" - "Lombard 585 Kharkiv".
https://vk.com/doc-78570219_335724900?dl=619f6753946e991299
To apply for a secured loan, the client must present:
- Passport of a citizen of Ukraine, international passport, pension or driver's license
- Taxpayer identification number (TIN)
- Collateral value
The list of valuables accepted on bail includes:
- gold items
- diamonds
- laptops and tablets
- mobile phones
- cameras
- Appliances
- instruments
- bicycles
The client receives a loan in the form of cash after the assessment of the value of the collateral is carried out. The assessment is carried out by a specialist on site. You can find out in advance the cost of the collateral and how much the client will receive when applying for a loan, by calling the pawnshop 585: 093-94- 98-585; 095-47-07-585.
For gold items, the cost depends not only on the weight of the item and the price per gram, but also on its physical condition, degree of wear, the presence of scratches or other defects. The cost of pledged equipment depends on the manufacturer, brand, year of manufacture, degree of wear, presence / absence of breakdowns, as well as the presence of branded packaging for this product.
The preliminary assessment of the deposit over the phone is not sufficiently accurate and final. When a client comes to pawnshop 585, a specialist appraiser will finally determine the amount at which the collateral item will be assessed.
Security of collateral and privacy policy
The slogan (motto) of pawnshop 585 - "Valuate dearly and carefully preserve" - is a short formulation of the company's policy. The main priority of their activities in the pawnshop is the creation of acceptable conditions for lending to their clients, as well as a guarantee of the integrity and safety of the pledged property.
In a pawnshop, the client does not require a certificate of income and the presence of guarantors.
They do not ask here for what purposes the received funds will be directed. The client's personal information is regarded as confidential and not subject to disclosure to third parties.
In turn, the client, when providing information about himself, gives his consent to the use of his personal data by the company within the framework stipulated by the current legislation. The pawnshop provides free delivery of bulky collateral, which saves customers from looking for carriers and paying extra for this service.
What are the advantages of Lombard 585
- Low interest rate
- Speed of loan processing
- Confidentiality
- The minimum set of documents, the client can even present a driver's or pensioner's license
- A system of discounts and incentive promotions (for example, upon presentation of a card of another pawnshop, they are ready to give a 5% discount, and upon exchange, they will issue a 585 Golden Card)
- The appraisal of the pledged property most closely matches the market rates
- The loan amount can be minimal (UAH 500-700)
- The possibility of extending the deposit for another 30 days
In this article, we will look at how to get a loan secured by gold. We will find out what interest rates are offered by pawnshops and what requirements are imposed on gold items. We have prepared for you step-by-step instructions for obtaining a loan secured by gold and collected recommendations for concluding an agreement with a pawnshop.
Where can you get a loan secured by gold?
If you urgently need money, but you do not want to borrow from friends or fill out a lot of paperwork, contact a pawnshop. These institutions are engaged in issuing loans - provided that you provide a valuable item on security.
Pawnshops are completely legal - their activities are regulated by FZ-196 "On Pawnshops", while they issue small loans secured by property for -.
Gold products are most welcomed as collateral - the precious metal has a universal global value, does not corrode, is used in many fields of activity, and its reserves are limited.
If you have chosen a gold product as collateral, it is better to opt for a pawnshop, and not a microfinance organization. in principle, they are not inclined to bail something, and gold, in general, would require an authentication procedure, which is unacceptable for financial organizations.
Modern pawnshops are also convenient because many of them provide an "online assessment" service through their website. You fill out a questionnaire, to which you attach a photo of the product, write down the characteristics you know (brand, sample, weight, condition, availability of documents) and send it for verification. Specialists study the information and send you a letter by mail indicating the pre-approved amount for the loan.
Terms of loans secured by gold items
The law does not establish restrictions on the conditions - thus, pawnshops themselves choose the amounts, terms and interest that they offer you.
The amount you can count on depends entirely on your gold piece. The appraiser will determine its approximate market value and offer up to 80% of this amount as a loan. Interest will be calculated for each day during the term of the loan.
The price of the product is determined based on the cost of one gram. It ranges from 800 to 3000 rubles per gram - depending on the sample. In addition, the price depends on the condition of the item, as well as the presence of precious stones in it.
The loan term is indicated in the agreement. It usually takes up to 30 days. But you can extend the term - subject to payment of the accrued interest. You can also redeem your product earlier, and the interest will not be paid for the full term of the loan, but for the number of days that your product remained in the pawnshop.
The interest rate usually ranges from 0.2 to 0.4% per day. The higher the amount of the collateral, the lower the rate.
As an example, we will give the conditions of one of the Moscow pawnshops:
You must repurchase your product within the term specified in the contract. After its completion, according to the law, the pawnshop has no right to sell your pledge for another month. No interest is charged for this month, and you are still eligible for the redemption. If you are not going to return the jewelry, the pawnshop will sell the item as scrap to a jewelry factory.
At the end of this 30-day "grace period", all your rights to the product will be forfeited. Therefore, we advise you to at least extend the contract by paying interest, if you do not want to lose your thing.
Gold requirements
Large pawnshops issue loans secured by jewelry with a wide range of samples - from 375 to 999. Smaller market participants do not take risks and accept strictly defined samples - most often these are the popular 583 and 585 samples.
Use a magnifying glass to examine the factory mark on the gold item you are going to carry to the pawnshop. It must be readable. The higher the sample, the more you get per gram of product.
Everyone knows that gold jewelry is not made of pure gold, as the pure metal is too soft for jewelry making. Therefore, silver, copper, palladium, cadmium, zinc can be added to gold. The fineness on your product shows how much pure gold it contains in percentage terms.
For example, if the stamp on the item is 585, this means that for 1000 grams of the item it contains 585 grams of gold and 415 grams of alloy.
There is one more characteristic that is usually misinterpreted - the color of jewelry gold. There is a myth that the yellower the item, the more gold there is. This is a false statement. A different color indicates only the predominance of one of the metals in the alloy (for example, a reddish tint indicates copper), but this does not in any way affect the amount of pure gold in it.
Each pawnshop has its own list of products that it does not accept as collateral. These can be industrial semi-finished products, gold nuggets and refining, gold waste, dentures, orders and medals.
Important! The minimum weight of the product must be more than 0.1 grams.
How to get a loan secured by gold?
Obtaining a loan at a pawnshop is one of the fastest procedures. It is convenient that the pawnshop is not interested in your credit history, permanent registration or criminal record. The main thing is the availability of a liquid product.
You will quickly go through all the stages:
Find a matching gold piece. It is better if it is a product without stones: a chain, earrings, a gold watch strap. Why? If everything is quite transparent with the assessment of gold, then with the assessment of the stone you cannot be completely sure that the amount will be named correctly.
Find a pawnshop. There are several ways to search. Ask for advice on the forum in your city, ask around from friends, google or just go to the city center. As a rule, pawnshops "settle" in places with a busy traffic. It is safer to contact an institution that has existed for a long time, and also has its own website on the Internet - with a price list and details.
Collect documents. To obtain a loan at a pawnshop, you only need one document - your civil passport. Do not forget to take the gold item when you go to get your loan.
An appraiser at a pawnshop will check the product using an express examination. It is done in several ways, but the most commonly used test is with a reagent and a magnet. In the first case, a small scratch is made in an inconspicuous place of the product with a diamond file. Thus, deep layers of the alloy are opened and some acid reagent is buried, after which a chemical reaction makes it possible to judge the authenticity of the product. Then the appraiser can additionally check whether the gold is magnetic - this will indicate the iron content in the product, which should not be.
If the check is successful, the appraiser will offer you an amount that is approximately 20% less than the product was valued at. You cannot argue - either you agree or go to another pawnshop. The verification procedure does not oblige you to agree to the proposed terms.
If you agree, sign the loan agreement in duplicate. One remains with you.
The appraiser will immediately give you the agreed amount in cash and take the gold item for safekeeping until you redeem it. To redeem the product, you need to bring to the pawnshop the entire amount that was issued to you, plus the accrued interest for the services of the pawnshop. If you do not do this before the end of the term specified in the contract, the pawnshop will sell your product.
Do I need to draw up a loan agreement when receiving money at a pawnshop?
The contract not only stipulates all the conditions between the pawnshop-lender and you, it also legally protects your rights. If, when receiving a loan at a pawnshop, you are not offered to sign an agreement, we do not advise, in general, to deal with this organization. Chances are good that these are scammers.
However, the mere existence of a contract does not guarantee the protection of your rights. Review the contract. It must contain the following information:
- Characteristics of the pledged item (name, weight, sample, visual characteristics).
- For how long the loan was issued to you.
- What percentage will be charged.
- Under what conditions can you return your product.
- Is there a minimum loan repayment period. For example, a condition may be spelled out: you must pay interest to the pawnshop at least 15 days in advance, even if you buy out the product the very next day after signing the contract.
The pledge agreement, according to article 339 of the Civil Code of the Russian Federation, is drawn up in a simple written form - its certification by a notary is not required. By the way, it also has legal force. But it does not present the terms of the loan in such detail.
Can a pawnshop refuse to issue money?
The pawnshop has the right to refuse you if you have not provided the original passport, for example, if you have only a photocopy or his photo on your phone.
There is one more reason, which, unfortunately, is increasingly emerging in high-profile court proceedings. There are cases when a gold piece was found to be counterfeit - and this, moreover, that it was bought in famous jewelry stores.
There is only one thing to add to the last remark: always keep receipts and tags from purchased jewelry, especially if they are potential "candidates" for the role of collateral in the future.
And, of course, never buy gold from suspicious sellers - with almost one hundred percent probability it will turn out to be fake or with a large admixture of third-party metals.