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Monte de Piedad Strike Passes Six Months as Lender Clarifies Payments and Freezes Sales

Customers must keep up contract payments through official channels to avoid extra charges.

Overview

  • The walkout, which began October 1, 2025, has shut more than 300 branches across Mexico with no confirmed reopening date.
  • Nacional Monte de Piedad said in a new statement that it has presented six settlement proposals plus three drafted by federal labor authorities, all rejected by union leaders, and that talks remain open.
  • Customers must continue renewals (refrendos) and payoffs (desempeños) through Mi Monte App or Web, Oxxo, Banamex or SPEI, as consumer regulators say pawn contracts remain valid during the shutdown.
  • The lender said interest follows each contract’s terms, with no extra charges for borrowers who stay current, but daily interest applies when a customer opts to extend an item’s sale date.
  • The institution says pledged goods are secured in vaults and not being sold, custody fees are suspended, and items paid off will be returned once branches reopen.