DISCLOSURE OF CONTROLLED CREDIT CONTRACT

• Finance rate is calculated at 360% per annum.
• Assumptions. The borrower will repay the amount of the          pledge on any monthly anniversary of the advance, in one          lump sum.
• Interest charged includes all costs (ie) Insurance, Wage- and          running costs and is not truly a reflection of the interest          charged as to the Credits Contact Act but is of the Pawn          brokers Act 2004.
• Cancelation of this contract within four (4) days will cost the          first month's interest plus the amount borrowed.

Summary of rights and Obligations relating to Pawned Goods

• You ("the pledger”) must produce a pledge ticket provided          to you by the pawn broker to redeem the pawned goods.
• The pawnbroker must hold the goods for 3 months (unless          you and the pawnbroker agreed on a later date). This is          called the “redemption date”.
• The pawnbroker must not dispose of pawned good on or          before the redemption date, unless the pledger redeems          them before that date.
• The goods may be redeemed at any time on payment of the           redemption price.
• The pawnbroker is entitled, in the absence of proof to the          contrary, to assume the holder of the pledge ticket is in fact           the pledger of the goods identified on the ticket.
• You can get a replacement ticket from the pawnbroker if you          satisfy the pawnbroker that you are the pledger, or an agent          of the pledger; (unless you know the pawnbroker          personally, this is likely to require you taking some form of          identification along to the pawnbroker).
• A label must be affixed to the pledged goods until they are          redeemed, or otherwise disposed of.
• You may, at any reasonable time, inspect any of your goods          held by the pawnbroker - if doing this, you may view but not          handle the goods; or the pawnbroker can demonstrate that          they operational.
• If you do not redeem your goods on or before the          redemption date, the pawnbroker may sell them to recover          the redemption price. This must be at a public, or an internet,          auction in the first instance.
• If a sale price is more than the redemption price: if the          excess is S10.00 or more the pawnbroker must inform you in          writing (at your last known address) of the amount you are          entitled to and the date by which you must claim it. (You are          entitled to 90% of any excess, provided you claim it within 5          months of a sale).
• If you decide you want to sell the goods to the          pawnbroker, the pawnbroker may buy them if the purchase          price is more than the redemption price, in which case you          will receive the difference in cash at the time of sale.