King Gold and Pawn shop at 4507 5th Ave in Brooklyn, NY. Pawn shop store front with a blue awning and large windows.

5th Avenue

NYC DCA SHD License #1405317
NYC DCA Pawn License #1405319

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King Gold and Pawn shop at 510 Brighton Beach Ave in Brooklyn, NY. Pawn shop store front with large windows and a blue sign.

Brighton Beach Ave

NYC DCA SHD License #1328214
NYC DCA Pawn License #1403747

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King Gold & Pawn shop at 1683 Pitkin Ave in Brooklyn, NY. Shop front with a green awning and business sign in gold letters.

Pitkin Ave

NYC DCA SHD License #1463489
NYC DCA Pawn License #1463487

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King Gold and Pawn shop at 1054 Southern Blvd in the Bronx, NY. Pawn shop store front with a red awning and business signs.

The Bronx

NYC DCA SHD License #1447921
NYC DCA Pawn License #1447924

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King Gold and Pawn shop at 24 W Merrick Rd in Freeport, NY. Brick shop front with large windows and a "cash for gold" sign.

Freeport

SHD License #3515
Pawn License #3516

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Collateral Loan Terms
Our AML Collateral Loans are provided at 2.5% per month for the first 120 Days the loan repayment is 4 months. Collateral Loans for up to 4 months are charged a rate of 2.5% per month.  Collateral will be charged a fee not to exceed 2.5% of total value 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.  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.  The minimum repayment term is 0 days and the maximum is 120 days. The maximum loan term is 120 day. It is not required to pay the entire loan in-full within 119 days.

Example 1
If you borrowed $100 for 30 days you will owe $102.50 on the 31st day.
Example 2
If you borrowed $100 and made a payment $50 during the month, than on the 31st day your balance will be $52.50
Example 3
If you borrowed $100 for 90 days and made no payments during such time than, you will owe $107.50
Example 4
If you borrowed $100 for 120 days and made no payments during such time then your balance will be $110.00

NOTE: Interest is computed based on the principal balance of the loan at the end of each period (120 days). We do not charge interest on the interest amount added to the loan. See example 3 and 4 above. Total APR 30%