¿How is realised a loan as a guarantee?

When you decide to leave an item in guarantee in exchange for a loan in cash, It must do is to go to its €uroMontepio branch, where a Valuer will determine the amount of cash that can be rendered to him. If you are in agreement with this amount, then you will decide the period in which you wishes to eliminate the loan so that it is stipulated in the contract. For loans, any identification with photography is valid, NIE, national identity document, Passport.

What can I pawn in €uroMontepio?

It is necessary to verify in each branch the type of items that are received since they go from jewels, fine watchs and precious stones.

Exist payment options?

Yes, so that you do not pay a greater amount by concept of interests, it will be able to choose the period that better agrees to him or of weekly form, biweekly or monthly, once passed the first month, the first month he is complete.

Can be done several pawns?

Yes, €uroMontepio grants all the loans to him that you need and are completely independent to other pawns that has realized previously.

Renew (countersignature):

What is to renew (countersignature)?

The renew (countersignature) is an extension of the period to eliminate the pawn totally, paying solely the interests that have been generated.

Can be realized several renovations?

You can realize all the renovations that need whenever you make it in the date limit indicated in the contract. (You can realize all the countersignatures that need whenever you make it in the date limit indicated in the contract.)

TO RECOVER:

What is to recover?

It is when after to have left a item in guarantee, the client pays his installments until eliminating the amount of the loan thus recovering its items.

When they put my items for sale?

When a person does not pay in time the total of her loan and she either does not make any request to renew (of countersignature) in time, his or their items are put on sale.