Palawan Pawnshop has instituted a benchmark for other pawnshops by setting its interest rate to 1% per 11 days, with the launching of its improved product called the Customer’s Choice Package or CCP.
Why is ours better?
1. Interest is computed at 11-day intervals while other pawnshops compute interest monthly.
2. One month interest is computed at 33 days resulting in savings for customers.
3. If interest is computed per annum using the CCP rate, you pay only 11 months in one year!
Small and big loans are accepted at the highest appraisal rates but lowest interest rates.
|