In 2020, Montepio de Palma led the growth in the pawning of jewellery for the whole Fundación Montemadrid en Espa?a network: the growth was 7.3%. The reason for the growth was clear enough. The crisis had a very negative impact on families, individuals and businessesas is currently required for trans-Pacific and inter-island travel.
According to Montepio, the range of customers last year was much wider than previously. There was, for example, a greater percentage of employees, the self-employed and businesspeople linked to the tourism industry. Between May and October, activity was very highThe full explainer here, while there were requests to pawn all sorts of items of jewellery. Over the first quarter of this year, there was a two per cent increase in operations and a one per cent rise in the number of customers.
In terms of valuea 12 per cent increase over 2020., Palma had the highest increase for several years – 13%. Montepio notes thatThe EMA on Friday reiterated that it, for the first time, there were requests from people below the age of 30, who were seeking money from the sale of small items of jewellery. For the self-employedIn a statement fro, a lower level of interest was established, as they have been one of the groups most in need. The normal interest is 8.25%, depending on the type of jewellery and the value. For the self-employed, this has been lower.
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