Tagged ‘Pawnbroking History’

Lombard around the World

June 19, 2014 | The History of Pawnbroking | Jim Tannahill | Comments Off on Lombard around the World

London, UK Ahhh, the beating heart of the UK’s financial hub sees Lombard Street run from the Bank junction, down the side of the Bank of England. It is home to 1 Lombard
Just what does Lombard mean?

June 19, 2014 | History, The History of Pawnbroking | Jim Tannahill | Comments Off on Just what does Lombard mean?

The term, Lombard banking, dates right back to the Middles Ages when it referred to a type of pawnshop. Lombard takes its name from the well-to-do region of Lombardy, in North

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How Much Will a Pawnbroking Loan Cost

All our loans are for 6 months and are secured against your valuables.

Maximum APR (including all fees): 93.21%

No minimum payment term

Maximum payment term: up to 6 months

These loans are redeemable at any point during the loan period.

Representative Example
Pawnbroking Loan of:		£1,000
Taken out for 6 months @ 6.5% per month, total interest:		£234
Total redemption price:		£1,234

The APR in this example is 93.21% (including all fees)

Hopkins & Jones Ltd is a trade member of The NPA (The National Pawnbrokers Association). Hopkins and Jones Limited, Company registration Number 433606. Registered Office, 7 William IV Street, London, WC2N 4DW. Hopkins and Jones Limited are authorised and regulated by the Financial Conduct Authority licence No 6520002 for the provision of pawnbroking loans.