Mgxchange is a division of Maggies investments (PTY) LTD, Maggies investments (PTY) LTD is an NCR registered credit provider.
- All collateral items are kept at owners own peril, MGXCHANGE will have leverage over your valuable(s) until the Loan is paid up
- All loans are repayable within a month, with a fixed 17% interest rate of the amount MGXCHANGE paid out to you, Interest is recalculated at 15% If total repayment is paid within 2 weeks from the day an agreement contract is signed.
- Your valuable(s) will be kept safely the exact way it was received within the estimated Loan period, MGXCHANGE do not tamper, display or remove your items from our secured storage during this period, all valuable(s) are returned in the same condition as it was received.
- MGXCHANGE is not liable for any operating system/software damage that may occur during this period of storage
- MGXCHANGE offer 31 days short term loan, repayment of loaned amount plus 17% interest is required to be paid on or before the repayment set date, a grace period of 3days is given, please be advised once loan repayment set date and grace period has elapsed, no negotiation will be entered into, therefore your valuable(s) will be defaulted, become property of MGXCHANGE, whereas repayment extension can be made, provided interest on loaned amount is paid on or before due date
Mgxchange is a division of Maggies investments (PTY) LTD, Maggies investments (PTY) LTD is NCR registered credit provider.
Please carefully read the following terms and conditions of this sale agreement as it a legal binding contract between you and MGXCHANGE as soon as you sign the agreement.
- By accepting our offer, you agree that your valuable(s) will be evaluated based on the market value of your item.
- After item evaluation is accepted by client, MGXCHANGE will Pay-out the agreed evaluated amount, you therefore give MGXCHANGE leverage over your valuable(s)
- You acknowledge that the valuables are owned by you and are not stolen. Please note that you will be contacted to provide proof of ownership to the relevant authorities should it be deemed necessary.
- Valuable(s) sold to MGXCHANGE is liable to be reclaimed back within 24hours of sale, MGXCHANGE will require the full amount that was paid to customer plus 5% administrative fee
- MGXCHANGE is not liable for any damage that may occur during this period of storage