Pawnbroking A loan secured on an item of value
Pawn/Pledge The item used as security in a Pawnbroking loan
Purchasing Selling an unwanted item to H&T for cash

Cheque Cashing Cashing a cheque in exchange for cash, minus a small fee
Payday Advance/Payday Loan A cash advance before your pay date

APR Annual Percentage Rate
AER Annual Equivalent Rate, uses the same calculation as APR but relates to non-
Consumer Credit products.

Credit Agreement

A 6 month contract regulated by the Consumer Credit Act
Redeeming an Agreement

Customers pay H&T the value of the loan, plus any
interest accrued to date
Renewing an Agreement

Customers pay H&T the interest only and a new
agreement is issued for another 6 months