Pledge Agreement

You are entering into a Pawn agreement. This means that you hand us your goods as a pledge, and we provide you with money. You do not have to pay back any money unless you want your goods back.

YOUR RIGHTS AND OBLIGATIONS RELATING TO PAWNED GOODS ARE SET OUT IN THE SECONDHAND DEALERS AND PAWNBROKERS ACT 2004 (the Act”)

• You (“the Pledger”) are pledging the pawned goods to the Pawnbroker. This means that the Pawnbroker holds the pawned goods and has rights in them.  You have the right to get the goods back but only if you pay the redemption fee for the goods on or before the redemption date.
• You do not have to pay us money at all, unless you want your pawned goods back.
• To redeem your pawned goods, you must come in and pay us the redemption amount set out in the table on the reverse of this ticket. The redemption amount increases each month we hold the pawned goods, to cover our costs.
• If you want us to extend the final redemption date, you must come in and pay us 1 month fees that are shown to extend the contract to a new redemption date, but you must do this before the current redemption date.
• If you do not redeem the pawned goods by the redemption date, we can sell the goods at a public or internet auction. ………………… (initial)
• If we sell the pawned goods and get more than $10 over the redemption price, you will be entitled to be paid 90% of that extra amount. We will use the latest contact details you have given us, to contact you in writing. It is in your interest to tell us if your contact details change.  You must claim that money within 6 months.  We may pay you via online banking. The bank account must be in the same name as the original pledger. If you do not contact us, or we cannot contact you using your latest address, under the Act you will lose the rights to that money after 6 months.  
• You have the right to see the pawned goods while we hold them. You can see them but not touch them. If you want to check that your goods are still working, our staff can check that for you. Please contact us 2 days before you want to see the pawned goods if you have asked us to put them in offsite storage.
• Take care of this pledge ticket. Under the Act, we are able to give the pawned goods to any person who holds this ticket, unless we have proof that they are not entitled to it. If you lose the ticket we can give you a copy but you must first show us suitable photographic identity documentation such as a passport or drivers licence.
• You can choose to sell the pawned goods to us after you have pawned them. We must pay you more than the redemption price if we agree to buy the pawned goods. If you decide to do this, please let us know as you must come in to collect the money in cash.
• We will take care to store the pawned goods, but we do not insure them. We are not responsible for Police seizure of the goods, or loss or damage for reasons outside of our control, including fire, water damage or burglary.
• All advances under $30 incur a $10 charge per month. 
• Vehicle pawn loans stored offsite in storage facilities will incur a monthly storage cost. These costs will be those of the storage facility only and explained in advance for acceptance prior to creating or completing a pawn loan. You agree to pay the monthly storage costs in full, if redeeming your pledge on the final redemption date of the pledge agreement, or on each extension payment if & when made.

Henderson (2006) Ltd trading as Dollar Dealers & Gold House are licensed Pawnbrokers under the Secondhand Dealers and Pawnbrokers Act 2004