For new customers we offer 0% interest on new loans for 30 days and only 1% on anything above $2500.*
*up to $10,000.
Maxferd Jewelry and Loan San Francisco offers loans which adhere strictly to the California Financial code. This means our loan periods and interest rates are strictly regulated by the State of California so you will never be overcharged. We offer a 4 month loan on all items which can be renewed at any time to extent your loan with us. We go even further with Jewelry Loans under $2500 by offering our customers the option to “Rollover” the loan at the end of the 4 month period without paying any interest or principal payments for an additional 4 months, therefore giving our customers up to 8 months with no payments. Currently interest rates are set by The State of California for all loans under $2500 and that rate averages to apx 3% per month on almost all loans with a processing fee that ranges from $5-$30 depending on the loan amount.
If you have any questions regarding the exact amount you will pay back we are happy to help. Just give us a call and we can go over the exact details of any loan you may need. But don’t forget we also give a promotion rate of 0-1% for first time customers. Again, give us a call to discuss the details.