Lombard Street

Lending terms

Loan currency	AMD
Loan term	180 day
Loan amount	1000․000 - 10․000․000 AMD
Annual nominal interest rate of the loan	48 %
Borrower's age	18 - 65 years old
Loan interest calculation method	The actual (non-overdue) loan balance
Method of loan disbursement	Cash, lump sum
Pledge	A car whose production date at the time of pledge should not be older than for Russian-made cars - 5 years, For cars made in other countries - 12 years.
Loan/pledge maximum value	50% of the liquid value of the pledged car
Valuation of pledge	The pledge is subject to evaluation by the pawnshop employee of "Lombard Street" LLC. The valuation is free of charge:
Location of pledge	The car remains in the possession of the Organization in a specially protected area.
Penalty for early payment of the loan	Not charged
Repayment of the loan principal	At the end of the lump sum loan term
Loan interest payment	Every 30 days, according to the schedule defined in the contract
Warning` In case of non-fulfillment of the loan obligations, the collateral will be confiscated and the collateral will be sold through public bargaining. The pawnbroker has the right to calculate a penalty for the outstanding liability in the amount of twice the annual nominal interest rate of the loan.
Place of provision	Place of activity of the company: Yerevan, Komitas 22-50
Term for making a loan application decision and informing the client.	After 10 minutes valuating the car
Term of loan provision	Within 30 minutes after submitting the necessary documents for the loan
Positive loan decision factors	The loan can be provided if the borrower and collateral meets the criteria set out in these terms.
Loan rejection factors	The loan can be rejected if Client and / or collateral do not meet the criteria set out in these terms Other factors
Annual interest rate of the loan	59 - 68 %

Borrower	Loans secured by gold items are provided to individuals over 18 years of age
Term of Loan	180 day
Loan amount	5․000 - 10․000․000 AMD
Nominal loan interest rate	Annual 48 %` 5․000-99․999 AMD in case of loans Annual 36 %` 100.000-199.999 AMD in case of loans Annual 24 %` 200.000-999.999 AMD in case of loans Annual 21 %` 1.000.000-1.999.999 AMD in case of loans Annual 24 %` 200.000-999.999 AMD in case of loans
Loan service fee	Don’t apply
Method of loan interest calculation	The actual balance of the principal amount of the loan
Subject of pledge	The subject of the pledge is standardized gold bars, coins and commemorative coins, gold jewelry (including precious stones) or their scrap և other valuables. Attention: The weight of precious and semi-precious stones on jewelry, as well as mechanisms and non-gold parts are not estimated and are not taken into account in the valuation value.
Pledge valuation	Valuables are valued by the Company's specialist staff in accordance with current appraisal values. The evaluation is carried out by the employee of the organization free of charge.
"Loan / pledge value" Maximum size	Maximum 100% of the estimated value of the pledge
Method of loan provision	Cash, lump sum
Repayment of loan principal and interest	Մայր գումար՝ ժամկետի վերջում Interest payments - every 30 days
Pledge valuation period	1-5 minutes * * Valuation period depends on the number of expensive items and may differ from the specified period.
Loan disbursement period	1-5 minute
Loan rejection decision	The decision to reject or provide a loan is made by the company
Required documents	Identification document
Place of loan disbursement	Location of the company
Loan early repayment penalty	Մինչև 100.000 ՀՀ դրամ վարկերի դեպքում՝ Վարկային պայմանագրի կնքմանը հաջորդող 30 (ներառյալ) օրացուցային օրվա ընթացքում վարկը մարելու դեպքում գանձվում է 30 օրվա ընթացքում հաշվեգրվող տոկոսագումարները: 100․000 ՀՀ դրամը գերազանցող վարկերի դեպքում՝ չի կիրառվում:
Warning Your property may be confiscated in accordance with the law if you do not repay your interest and / or loan on time. In case of non-fulfillment of your obligations to the organization, your liabilities to the company will be repaid at the expense of the funds received from the sale of the collateral.
Ժամկետանց մայր գումարի տույժ	The company has the right to calculate the penalty for overdue liability in the amount of twice the nominal interest rate defined by the contract.
Բռնագանձման տուգանք	Doesn't apply
Annual interest rate of the loan	23.49-61.133 %
Warning The loan interest rate is calculated based on the nominal interest rate, and the actual annual interest rate shows how much the loan will cost you if you pay the interest and other payments on time . You can find the procedure for calculating the annual interest rate in Regulation 8/01 of the Central Bank of Armenia.

With the help of a calculator you can calculate the amount of interest payment

Monthly interest payment

Loan amount (AMD)

Colateral

Mode of transportation
Gold

Loan term (days)

Result

Calculate

Calculate the value of your gold

Gold purity

Gold weight

Result

Calculate

Required documents

Credit application review documents
Borrower's Identification document Certificate of state registration of ownership of the pledged car inspection passport of pledge car. Reference on the restrictions on the alienation of the vehicle from the Traffic Police of the Republic of Armenia Certificate of seizure of the pledged car in the name of the company from Traffic Police of the Republic of Armenia.

Վարկային հայտի ուսումնասիրման փաստաթղթեր
Վարկառուի` Անձը հաստատող փաստաթուղթ

Advantages for you

publishing software like Aldus PageMaker including versions of Lorem Ipsum.

Early repayment

publishing software like Aldus PageMaker including versions of Lorem Ipsum.

Fine for overdue liabilities

publishing software like Aldus PageMaker including versions of Lorem Ipsum. publishing software like Aldus PageMaker including versions of Lorem Ipsum. publishing software like Aldus PageMaker including versions of Lorem Ipsum. publishing software like Aldus PageMaker including versions of Lorem Ipsum. publishing software like Aldus PageMaker including versions of Lorem Ipsum. publishing software like Aldus PageMaker including publishing software like Aldus PageMaker including versions of Lorem Ipsum. publishing software like Aldus PageMaker including versions of Lorem Ipsum. publishing software like Aldus PageMaker including versions of Lorem Ipsum. publishing software like Aldus PageMaker including versions of Lorem Ipsum. publishing software like Aldus PageMaker including versions of Lorem Ipsum. publishing software like Aldus PageMaker including versions of Lorem Ipsum.

publishing software like Aldus PageMaker including versions of Lorem Ipsum. publishing software like Aldus PageMaker including versions of Lorem Ipsum.

publishing software like Aldus PageMaker including

Lending terms

Շուտով

Required documents

Advantages for you

Early repayment

Fine for overdue liabilities