How Does Gold Loan Financing Work?



    Type : Sell
    Condition : New
    Warranty : Yes
    Location : Madurai, Tamil Nadu, India

    The basic idea behind gold loan financing is that the borrower sells his/her gold to the lender at a price below its market value. If the borrower repays the loan before the agreed upon time, he/she gets his/her money back plus interest. However, if the borrower does not make any payments, the lender keeps the gold until the debt is repaid.

    Mention when calling seller to get a good deal



    Madurai, Tamil Nadu, India
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