Pre Contract

  1. Contact details

    Creditor

    Address Hopkins & Jones Limited 7 William IV Street London WC2N 4DW
    Telephone number(s) 020 7379 7080
    Email Address info@hopkinsandjones.co.uk
    Fax Number 020 7379 6960
    Web Address www.hopkinsandjones.co.uk/pawnbroking-loans/
  2. Key features of the credit product

    The type of credit Pawnbroking (Short Term Secured Loan)
    The total amount of credit. This means the amount of credit to be provided under the agreement £8000.00
    How and when credit would be provided The sum of £ 8000.00 will be provided upon execution by both parties of the pawn agreement and handing over of the item taken in pawn to the pawnbroker
    The duration of the credit agreement. 6 Months
    Repayments. One repayment of £ 10400.00. Repayable in a single instalment on 09/10/2014
    The total amount.
    This means the amount you have borrowed plus interest and other costs
    If you repay in accordance with the terms of the agreement you will be required to repay £10400.00
    Security required
    This is a description of the security to be provided by you in relation to the credit agreement
    • 1X S/s Rnd Brilliant Cut Dia Ring 1.05ct H Col VS2
    • 1X 18ct Gold Necklet By Tiffany And Co
    • 1X 18ct Gold Love Bangle By Cartier
    • 1X Rolex S/Steel Oyster Perpetual Submariner
  3. Costs of the credit

    The rates of interest which apply to the credit agreement. Interest rate 60.00 % per annum.
    Annual Percentage rate of Charge (APR).
    This is the total cost expressed as an annual percentage of the total amount of credit.
    The APR is there to help you compare different offers.
    69.00 % APR
    Related costs.
    Costs in the case of late payments 5.00 % monthly interest
    Consequences of missing payments If you do not redeem the article(s) on or before 09/10/2014 you may lose your right to redeem it (them).
    If you miss payment(s) due under this agreement you may incur default charges and it may make it more difficult for you to obtain credit in the future.
  4. Other important legal aspects

    Right of Withdrawal. You have the right to withdraw from the credit agreement before the end of 14 days beginning with the day after the day on which the agreement is made, or if information is provided to you after the agreement is made, the day on which you receive a copy of the executed agreement under sections 61A or 63 of the Consumer Credit Act 1974, or the day on which you receive the information required in section 61A(3) of that Act, whichever is the latest..
    Early repayment.
    Compensation payable in the case of early repayment.
    You have the right to repay the credit early at any time in full or partially. If you make a single early repayment exceeding £8,000 the creditor is entitled to claim compensation which will be calculated in accordance with section 95A of the Act.
    The period of time during which the creditor is bound by the precontractual information This information is valid from 10/4/2014 until 09/10/2014
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.