DICREP

What DICREP does

DICREP (Dirección General del Crédito Prendario) is a Chilean government state entity operating under the Gobierno de Chile since 1920, providing universal access pawn credit services to citizens and foreign residents. The institution's core product, Crédito Prendario, allows individuals to pledge jewelry (gold, platinum, precious stones, watches) or miscellaneous items (electronics, instruments, cameras, bicycles, power tools, gaming consoles) as collateral for loans capped at 60% of appraised value, with a standardized 2.5% simple monthly interest rate. Maximum loan amounts are $500,000 CLP for jewelry and $200,000 CLP for miscellaneous items, with gold valued at $25,000 CLP per gram.

DICREP operates through a nationwide network of physical branches, with specialized jewelry-only locations in six Chilean cities (Copiapó, Viña del Mar, Quilpué, Puente Alto, Chillán, Puerto Montt), and has supplemented this footprint with a suite of digital services including online appointment scheduling (Agenda tu Hora), web-based credit information access (Infocliente), credit simulation tools, SIAC citizen information system for queries and complaints, and an online sales room (Salaventas). Its second core function is public auction operations — conducting online and in-person auctions for unclaimed pledged items, judicial seizures under Law 20,000, abandoned municipal vehicles (including from Municipality of Maipú), and lost items recovered at Santiago's airport for the Municipality of Pudahuel.

Revenue is not publicly disclosed, as DICREP operates as a state entity rather than a private firm. Its business model is transaction-based, generating income primarily from interest on pawn loans (2.5% monthly), a 4.5% issuance fee on jewelry renewals, insurance and issuance fees paid upon item retrieval, and proceeds from auction operations. The institution serves the broad Chilean general public rather than enterprise customers, and its customer base is diversified across many small individual transactions with no concentration risk in any single segment.

Name

DICREP

Legal name

Dirección General del Crédito Prendario

Website

https://dicrep.gob.cl

Company type

Private

Founded year

1920

Operating status

Operating

Headcount range

101–250 employees

Short description

DICREP (Dirección General del Crédito Prendario) is a Chilean government institution operating since 1920, providing pawn loans and conducting public auctions of unclaimed items for citizens and foreign residents across Chile.

Ownership category

akta.pro rank

Product category

Government Pawn Lending Services

NAICS

Nondepository Credit Intermediation (5222), Other Nondepository Credit Intermediation (52229)

SIC

Personal Credit Institutions (6141)

akta.pro primary industry

Precious Metals & Jewelry Collateral Loans (FSAKALAC)

akta.pro secondary industries

General Merchandise Collateral Loans (FSAKALAE), Collateral Loan Servicing & Asset Disposition (Storage, Auction & Resale) (FSAKALAF), Online/Digital Pawn & Remote Collateral Lending (FSAKALAG)

Keywords

• Pawn lending services
• Public auction services
• Government consumer credit
• Collateral-secured loans
• Unclaimed goods auctions

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales

Pricing tiers

Distribution channels5 records

Marketing channels8 records

Core offering

DICREP provides pawn loan services (Crédito Prendario) that allow individuals 18 years and older to obtain cash loans by pledging jewelry (gold, platinum, precious stones, watches) or miscellaneous items (electronics, instruments, bicycles, tools, gaming consoles) as collateral, with up to 60% of appraised value financed at 2.5% simple monthly interest. The institution also conducts online and in-person public auctions of unclaimed pledged items, municipal abandoned vehicles, judicial properties under Law 20,000, and lost airport property, supported by digital tools for appointment booking, credit simulation, account access, and an online sales room (Salaventas).

Product overview

DICREP (Dirección General del Crédito Prendario) is a Chilean government institution providing pawn loan services since 1920. The institution operates as a single unified service platform offering three core functions: (1) Crédito Prendario - the main pawn loan service where individuals pledge jewelry and other items as collateral for loans; (2) Remates Online - an online auction platform for selling unclaimed pledged items, seized properties, abandoned vehicles, and lost airport items; and (3) a suite of digital services including online appointment booking (Agenda tu Hora), credit information access (Infocliente), loan simulation (Simulador de Crédito), and an online sales room (Sala de Venta Online). The institution also manages various judicial and municipal auctions under different legal frameworks.

Differentiator

Problem solved

Functional benefit

Products and services

• Crédito Prendario (Pawn Loan) Government pawn loan service allowing individuals 18 years and older (Chilean citizens and foreign residents with a valid cédula de identidad) to obtain a cash loan by pledging jewelry (gold, platinum, precious stones, watches) or miscellaneous items (televisions, musical instruments, cameras, high-end tech devices, bicycles, power tools, video game consoles). Loan amount is up to 60% of appraised value for qualifying collateral, with a maximum of CLP $500,000 for jewelry and CLP $200,000 for miscellaneous items; interest is 2.5% simple monthly plus insurance and issuance fees paid at item retrieval, with a 4.5% issuance fee on renewals for jewelry only.
• Remates Online (Online Public Auctions) Online public auction service enabling registered individuals and entities to browse, reserve, and purchase items from DICREP's inventory of unclaimed pledged goods, view auction calendars, and participate in virtual auctions of jewelry, electronics, vehicles, luggage, and other items. Accessible via the Remates Online calendar and Salaventas sales room.
• Sala de Venta Online (Online Sales Room) Online sales room where users browse and reserve items from DICREP's inventory of unclaimed and seized goods for subsequent purchase; complements the broader Remates Online platform.
• Remates Judiciales Ley 20.000 (Judicial Auctions under Law 20,000) Judicial auction service conducted under Chilean Law 20,000 for the disposal of real estate and personal properties seized through court proceedings, executed by DICREP on behalf of the Tribunales de Justicia.
• Remate Vehículos Abandonados (Abandoned Vehicle Auctions) Auction service for vehicles abandoned at municipal locations, conducted on behalf of participating municipalities (including the Municipality of Maipú) to dispose of vehicles in state of abandonment held in municipal corrals.
• Remate Especies Extraviadas Aeropuerto Pudahuel 2025 Auction service held by DICREP for the Municipality of Pudahuel to dispose of lost and abandoned items recovered at Arturo Merino Benítez International Airport (Santiago).

Quantifiable outcome

• Loan amount limited to 60% of appraised value
• +1 more outcomes

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Recent moves5 records

Expansion highlights5 records

Broad incumbents

• EZCORP: Major publicly traded pawn lender operating globally (US, Latin America, Europe). Comparable to DICREP in collateral-based personal lending and unredeemed goods resale business model, but listed and commercially driven rather than government-operated.
• BancoEstado: Chilean state-owned commercial bank serving unbanked and underbanked populations through Cuenta RUT and consumer credit products. Comparable to DICREP as a fellow Chilean government institution providing universal credit access, though with a deposit-based rather than pawn-collateral model.
• FirstCash Holdings: Large US/Latam-based pawn operator (First Cash, Cash America). Operates pawn lending and retail resale chains across multiple geographies, directly comparable to DICREP's core pawn credit and disposition model but as a publicly traded, multi-country for-profit counterpart.
• PROG Holdings: Provider of lease-to-own and virtual lease-to-own financing through retail partners. Adjacent to DICREP's credit access mission for non-prime consumers, addressing similar financial inclusion needs through a different mechanism (installment-based purchases vs. collateral loans).

Others

• H&R Block: While primarily a tax preparer, H&R Block's Emerald Card and consumer credit products provide similar short-term, accessible credit tools to underbanked consumers in the US, sharing a similar target customer profile with DICREP.

Direct peers

• Cash Converters: Global pawnbroking and second-hand goods retailer with stores in multiple countries. Directly comparable to DICREP's pawn lending and resale of unclaimed collateral business, though smaller scale and not a government entity.
• PawnAmerica: US pawn and resale chain providing collateral loans on jewelry, electronics, and tools. Closely matches DICREP's product mix (jewelry, TVs, tools, musical instruments, electronics) and auction/resale workflow, though operating only in the US.

Regional players

• Banco Ripley: Chilean consumer-focused bank owned by Ripley retail, providing installment credit and credit cards. Shares Chilean consumer credit market with DICREP and targets similar middle-class borrowers, but through unsecured installment products rather than collateral loans.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/latiarica
• YouTubeyoutube.com/channel/UC4wt93oAODRg8NHEYqbYyEA
• Facebookfacebook.com/dicrep.cl
• LinkedInlinkedin.com/company/dicrep
• Instagraminstagram.com/dicrep__
• TikToktiktok.com/@la.tiarica

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about DICREP