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Pawn Agreement & Disclosure

Dated: 12/27/2022

CUSTOMER: _____________________________

_______________________________________

_______________________________________

1.  AMOUNT FINANCED : Php 200,000

2.  FINANCE CHARGE:

a. Processing Fee: 0

b. Credit interest: Php 800 daily

3.  ANNUAL PERCENTAGE RATE: Not Applicable

4.  Total amount of payments: Php 200,000 plus accumulated daily interest

PAYMENT TERMS

This loan is payable in flexible terms.

Security interest. This loan is secured by a pledge of personal property described as follows:

Mitsubishi L300

ORCR:

Plate Number:

The pledge will remain in the possession of pawnbroker until this loan is determined. In the event the

customer has not paid in full the Total of Payments indicated above within 3 months, or this loan has

not been renewed within such period of time as provided for below, the pledge described herein may

be forfeited and sold.

PREPAYMENT OF LOAN

Customer may prepay without penalty the unpaid balance of this loan.

OTHER AGREEMENT:

1. Car Maintenance will be covered by the Customer

2. Customer will cover the remaining mortgage of the Car which will end this January 2022.
CUSTOMER HEREBY ACKNOWLEDGES RECEIPT OF A COPY OF THIS STATEMENT.

_______________________________

Customer

_______________________________

Pawn Broker

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