Profeco has made people aware of what they have to do if they lose their seized belongings.
If you have ever found yourself in a situation where a Pawnshop If you sold an item or piece of clothing that you left behind as collateral because you were unable to co-sign or repay your loan, all is not lost. The Federal Office of Consumer Protection (Profeco) explains that there is a possibility of getting some of your money back in the form of a balance.
The Profecto stated that the remainder referred to the amount of money that a consumer may be received after you have lost the ability to confirm or execute your promise and it has been sold by the Pawnshop.
This happens when the item’s selling price is higher than that Loan amount Interest, costs and commissions earned, thus creating a surplus or benefit that belongs to the consumer.
The remainder arises if the payment of the endorsement or the deposit is not made within the period agreed in the contract. In this case the house of make an effort sells the garment, and if the sales amount is higher than that from loans, interest and commissions, the Pawnshop is obliged to deliver the remainder or surplus to the consumer.
HOW TO RESTORE THE ITEM?
– Once the deadline for confirmation or fulfillment of the deposit has passed, check the contract to see if this is the case Marketing date and the deadline for recovering the balance.
–Go to Pawnshop to check if you clothing It has already been sold and a balance has been generated in your favor. Make sure you bring your contract and ID with you.
-If you have a balance in your favor, The Pawnshop gotta give you that rest O excess Checkout.
Profecto argued that the majority of consumers who lose their garments do not ask for the balance or the excess equivalent to what is possible creditor Therefore, it is very important that you assert your rights.