Pawnbroker

PAWNBROKERA pawnbroker is an individual or business (pawnshop or pawn shop) that offers secured loans to people, with items of personal property used as collateral. The word pawn is derived from the Latin pignus, for pledge, and the items having been pawned to the broker are themselves called pledges or pawns, or simply the collateral.

If an item is pawned for a loan (colloquially, "hocked"), within a certain contractual period of time the pawner may redeem it for the amount of the loan plus some agreed-upon amount for interest. The amount of time, and rate of interest, is governed by law or by the pawnbroker's policies.

If the loan is not paid (or extended, if applicable) within the time period, the pawned item will be offered for sale by the pawnbroker. Unlike other lenders, the pawnbroker does not report the defaulted loan on the customer's credit report, since the pawnbroker has physical possession of the item and may recoup the loan value through outright sale of the item. The pawnbroker also sells items that have been sold outright to them by customers.

PT Pegadaian (Persero)

Is an Indonesian government-owned corporation which has a monopoly on fiduciary service in Indonesia. Pegadaian’s goals are :

a. To conduct and support the implementation of government policies and programs in the field of economy and national development in general through distribution of cash loans on the basis of the law of pledge.

b. Prevent the practice of debt bondage , dark pawnshops , lending usury and other unnatural lending system .

Pegadaian ProductsUntil now there are many people who know Pegadaian from its core business, fiduciary. And in addition, the product is actually quite a lot. Here are some of the Pegadaian's services.

(Conventional) KCA

KCA is based on the law of mortgage credit services with a loan ranging from 20.000 Indonesian rupiah to 200.000.000 IDR. Security its-kind move, both jewelery gold and diamond, electronics, vehicle or other household appliance. The maximum loan term of 4 months or 120 days and returns made to pay the loan and capital leases.

Kreasi

This product is aimed at micro and small business loans as an alternative to collateral reg (fiduciary) and loan repayment through installments.

Krasida

Krasida is lending to the micro-small entrepreneur on the basis of the return of mortgage loans through installments.

Krista

Krista is the provision of loans to micro households in need of funds in the form of working capital loans through the loan repayment installments.

Kremada

Kremada is provision of loans to the low-income groups to build or repair housing with return in installments. Cooperate with the Ministry of Housing.

Kucica

Kucica is money remittance service, and cooperate with Western Union.

(Sharia)

Rahn

Rahn is a product fiduciary services are based on the principles of Sharia with reference to the modern administrative system.

Arrum

Arrum is a product of the construction guarantee micro-fiduciary for small businesses with Islamic principles.

Mulia

Mulia is gold selling by Pegadaian to the public who are interested to invest in gold for cash and installment. Gold has been purchased from Mulia can be sold back at the Noble Exchange at a later date if the needed money in a short time.

Slogan

Company slogan of Pegadaian is Mengatasi Masalah Tanpa Masalah (English: Solve Problem Without Problem).

Source of:

https://en.wikipedia.org/?title=Pawnbroker


http://marchellapramadhana.blogspot.com/2012/05/pegadaian-lembaga-keuangan-bukan-bank.html






Thank You

Regards, Edwina KP2A/10 ♥

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Pawnbroker