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Shipping Policy

A legal disclaimer

The explanations and information provided on this page are only general and high-level explanations and information on how to write your own document of a Shipping Policy. You should not rely on this article as legal advice or as recommendations regarding what you should actually do, because we cannot know in advance what are the specific shipping policies that you wish to establish between your business and your customers. We recommend that you seek legal advice to help you understand and to assist you in the creation of your own Shipping Policy.

Shipping Policy - the basics

Having said that, a Shipping Policy is a legally binding document that is meant to establish the legal relations between you and your customers. It is the legal framework for presenting your obligations to your customers, but also to address different possible scenarios that may occur, and what happens in each and every case. 

 

A Shipping Policy is a good practice and it helps both sides - you and your customers. Your customers may benefit from being informed about what they can expect from your service. You may benefit because people may be likely to shop with you if you have a clear Shipping Policy in place since there won't be any questions about your shipping timeframes or processes.

What to include in the Shipping Policy

Generally speaking, a Shipping Policy often addresses these types of issues: the timeframe for processing orders; the shipping costs; different domestic and international shipping solutions; potential service interruptions; and much, much more.

How Our Loan Process Works

347-474-8980

554 Southern Blvd Bronx, NY 10455 

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Hassle ​Free Pickups 

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​No scheduling necessary for redemptions. Just show up during regular pickup times.

Monday - Fridays 10am to 7PM 

Saturday - Sunday 10am to 4PM 

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No need to call days before, now with 24hr pawns pickups are stress free. 

  • The minimum period for repayment of an AML loan is 61 days and the maximum period of repayment is 120 days or longer if you renew your AML loan.

  • You are not required to pay back the full loan amount for the first 120 days. If you pick up your loan the same day, you have to pay 1 month of interest (2.5%) for the purpose of securing and storing items in a vault.

  • Loans can be paid-off at any time during the loan term at no extra charge.

  • We will only charge for time in which the loan had a balance outstanding.

  • We do not charge interest on the interest amount added to the loan.

  • The Maximum Annual Percentage Rate (APR) for our AML Loans is 30%.

  • Here is an example of the total cost of an AML loan. If you borrow $100 for 120 days (4 months) at our monthly interest rate of 2.5% you would pay a total of $10 in interest for a total of $110.

  • All items will be returned to the borrower in the exact condition received after the loan balance has been paid in full. We hold the right to sell the collateral if the borrower fails to repay the loan as agreed.

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* The Maximum Annual Percentage Rate (APR) and the loan example provided are representative illustrations only. The actual interest, fees, and total cost of your loan will be detailed in your binding Loan Agreement and will depend on the specific loan amount and term you choose

 

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