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Pawn Loan Repayment Example
This is an example of a pawn loan repayment for a 12 month period.
Original loan amount: $30,000
Total to repay at redemption: $40,440
Total cost of borrowing at redemption: $10,440
Maximum APR = 34.8%
Minimum period 61 days, maximum period 12 months.
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Cash M Company
9025 Torbram Rd.,
Brampton, ON L6S 3L2
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