The interest and fees for a pawn loan were fixed by the state in 1961 and have remained unchanged since then. The loan costs are made up of the base rate (1% per month), compensation for expenses arising from the correct storage and insurance of the pawn and loan processing - these are dependent on the specific loan amount. Especially over short periods of time, pawn loans can be cheaper than comparable bank loans.
The interest charged on a pawn loan amounts to 1% per month.
The monthly fees for operating costs are also regulated by the German Pawn Loans Act.
|1,00 €||For loans up to||15,00 €|
|1,50 €||For loans up to||30,00 €|
|2,00 €||For loans up to||50,00 €|
|2,50 €||For loans up to||100,00 €|
|3,50 €||For loans up to||150,00 €|
|4,50 €||For loans up to||200,00 €|
|5,50 €||For loans up to||250,00 €|
|6,50 €||For loans up to||300,00 €|
For information on fees for higher loans, please do not hesitate to call us on
+49 (0)261 133 080.
If you have any questions, please do not hesitate to contact us from
Monday to Friday from 9 am to 6 pm
and Saturdays from 10 am to 4 pm.