Sol Nazerman
Search results
Through the regulating of Licensed Pawnbrokers, the Registry of Pawnbrokers cultivates a safe and professional pawnbroking industry in Singapore. Learn More.
A pawnshop business in Munich, Germany in 2014 A pawnbroker in Oulu, Finland in 2009 A London shop displays the traditional pawnbroker's sign. A pawnbroker is an individual or business (pawnshop or pawn shop) that offers secured loans to people, with items of personal property used as collateral.
2. How do I apply for a pawnbroker’s licence? Pawnbroker’s Licence Application The following are the criteria for the grant of a pawnbroker's licence: i) the applicant must be of good character and a fit and proper person to carry on the business of pawnbroking;
“pawnbroker” means a person who carries on a business of lending money on the security of pledges;
Oct 24, 2020 · Wondering if you should use a pawnbroker to raise money fast? Here’s what you need to know, from how they work to the popular chains in Singapore.
Information for Pawners. 1. When are the pawnbrokers’ auctions? With the enactment of the Pawnbrokers Act 2015 on 1 April 2015, pledges taken in by pawnbrokers from 1 April 2015 onwards that remain unredeemed on the expiry of the lawful redemption period will be forfeited instead of auctioned.
Singapore Pawnbrokers' Association. 24B-26B, Lorong 23 Geylang. Singapore 388363. www.singpawn.org. Tel : (65) 6749 1200.
REGULATION OF PAWNBROKERS, ETC. Division 1 — Licensing of pawnbrokers. No pawnbroking without licence, etc. 6.—. (1) Subject to subsection (2), it shall be an offence for a person to carry on the business of pawnbroking in Singapore or to hold out that the person is carrying on that business.
Pre-owned jewellery, designer watches & bags for sale. Singapore Pawnbrokers Association.
A pawnbroker’s profit on a loan must not exceed —. ( a) 1.5% of the total amount of the loan for each whole month of the term of the loan; and. ( b) if the term of the loan cannot be divided into whole months, 1.5% of the total amount of the loan for the balance of the term that is part of a month. 2.
