PRIVATE LOAN POLICY

WHAT WE DO FOR YOU

  • Encourage loan repayment.
  • Support return of collateral not loan settlement with collateral.
  • Issue reminders for status of your loan.
  • Accept anytime advance payments to reduce your total loan cost.
  • Last month interest charge only to repayment date

LOAN ISSUE PROCEDURE

  1. Authentication

Complimentary assessment performed.

  1. Valuation

Maximum loan value determined.

  1. Acceptance

Customer must first read and agree to loan terms.

PRIVATE LOAN TERMS

  • Minimum 1 month loan charges
  • Maximum 12 month loan term
  • Interest five percent monthly
  • Cost to borrow $100 is $5 (first month interest)
  • Borrow $1,000 for less than $2 a day.
  • You have up to 1 (one) year to make your payment in full including principal plus all accumulated interest.

HOW TO CLOSE YOUR LOAN

  • Original loan issue slip in person.
  • Government-issued photo ID.
  • Total loan cost includes interest.
  • Pay total in full cash only.
  • Loan collateral returned to you.

LOAN SETTLEMENT PROCEDURE

  • First notice given for unpaid loans 365 days after date of issue.
  • Collateral becomes absolute property of Aaron Signature Company as full settlement of unpaid loan.

LEGAL REQUIREMENTS:

  • Customer Must Be Lawful Owner Of Collateral
  • All Loans Issued In Person
  • Customer Must Be 18 Years Of Age
  • Government-Issued Photo ID Mandatory