Embracing Technology

Mark Campanale Expert Guidance

by Mark Campanale, Digital Marketing Manager, NPA WALT DISNEY FAMOUSLY SAID: ‘Disneyland will never be completed. It will continue to grow as long as there is imagination left in the world.’ While the most progressive medium in his day was the newspaper, Disney knew that change is constant; if you fail to adopt new and progressive business practices, you will …

WHY PEOPLE FOCUS ON APR, & WHY THEY SHOULDN’T

Mark Campanale Members Only, NPA News

 Recently, in a pawnbroker forum, the discussion turned to State Rate Caps on Payday Lenders.  Some pawnbrokers voiced opinions that Payday Lenders were predatory and charged too much.  Others defended and said the rates were needed based on risk and cost. I wanted to discuss some of the ideas and points that were made.    In specific, I’d like to review the Payday Loan Model as it compares to Pawn Loans.  This includes the …

PAYCHECK PROTECTION PROGRAM DEADLINE EXTENSION

Mark Campanale Government Relations Updates, Members Only

On Wednesday, March 10 the U. S. House of Representatives Small Business Committee indicated during a hearing they are open to extending the Paycheck Protection Program’s lending authority past the current March 31, 2021 expiration date.   Chairwoman Rep. Nydia Velazquez-NY stated, “it’s clear small businesses still need help, but lingering issues in the program have created a need for Congress to consider a short-term extension.”  …

MEET THE NPA STAFF

Mark Campanale Members Only, NPA News

With a “New Day” at the NPA, we bring you a new team of highly dedicated professionals working hard in every area to bring the pawn industry our very best every single day.  We know our valued members and Industry Partners look to the NPA and our Board of Directors for guidance, insight and support which is why we are committed to serving our members fully, equally and …

HOW TO BOOST PROFIT WHEN SELLING YOUR GOLD SCRAP

Mark Campanale IP Insight

SPONSORED CONTENT by Robert Torrissi, Vice President, Garfield Refining As pawnbrokers know, managing price risk when buying and selling commodities like precious metals is a tricky business. While rising markets certainly help, market volatility can cause even most seasoned gold and silver buyers sleepless nights. In August 2020, gold hit a record high of more than $2,000 per ounce, but the …