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Jumping Jack Cash
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Jumping Jack Cash
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Extra information
Number of employees
1-5
5-20
20-50
50-200
200-1000
1000-5000
5000-20000
> 20000
Annual revenue
10000 €<
10000-50.000 €
50.000-20.0000€
200.000-500.000 €
1.000.000-5.000.000 €
>5.000.000€
Business areas:
Maximum 5
X Jewelry Buyers
X Hardware Stores
X Camera and Photographic Supply Stores
X Loans
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Company description
English
Jumping Jack Cash offers secured non-recourse loans, commonly referred to as pawn loans. Pawn loans have a term of 30 to 90 days, collateralized with the customer`s tangible personal property. Pawn loans provide customers with cash in exchange for an obligation to repay the amount advanced plus service charge fees. Service charge fees are 120% to 240% of the advanced amount, per year (APR). Jumping Jack Cash has a historical redemption rate of 80% of its monthly loan portfolio. Pawn loans are written on almost any asset, including but not limited to: diamonds, gold, jewelry, watches, electronics, tools, musical instruments, cars, motorcycles and boats. Jumping Jack Cash is not in the payday loan business. The additional revenue stream for the Company is the retail sale of collateral from unredeemed pawn loans and the retail sale of merchandise purchased directly from customers.
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Keywords
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English
Loan Agency, Jewelry Buyer, Electronics Store, Musical Instrument Store, Camera Store, Pawn Shop,
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