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Lombard is a credit company and its main activity is providing loans against collateral. Customers can usually pledge their valuables, jewelry, or other valuable items as collateral to receive money. The company sets a certain interest rate and term for the repayment of the given amount. If the debt is not repaid, the collateral item is sold by the company. Lombards particularly serve people who need short-term financial assistance. This type of company operates in many countries and is widespread.