Reporting Customer Information

Mark Campanale Government Relations Updates, NPA News

Will the proposed $600 reporting of customers’ accounts affect the requirements on pawnbrokers? The discussions, speculation and questions about this proposal are all over the place. Team GRC is closely watching the negotiations in Congress and find…  The proposal would create a comprehensive financial account information reporting regime.  The requirement would apply to both business and personal accounts.   The proposal would be effective …

10 Tips For Celebrating Employees

Mark Campanale Expert Guidance, NPA News

While you are focusing on customers during National Pawnbroker Week, don’t forget the people who are critical to your success – your employees. Show your appreciation by celebrating them all week. Don’t forget social media! Post plenty of pictures of your employees during the week. People share this fun stuff, so your store is seen as a great place to …

PR Tips for TV

Mark Campanale Expert Guidance

AT SOME POINT IN YOUR BUSINESS LIFE, you will be called upon to talk to the press. Maybe you are doing a community project or charity event. Perhaps some big news about the pawn industry has come out and your local reporter wants your comments. Whatever the occasion, read these tips to be prepared for all types of reporter questions. …

PAYCHECK PROTECTION LOANS UPDATE

Mark Campanale Government Relations Updates, NPA News

The SBA issued a news release on Tuesday, January 12th stating over $100 billion in Paycheck Protection Program (PPP) loans have been forgiven in the 3 months since the earliest covered periods ended. The SBA has thus far received over 1.3 million forgiveness applications. Eighty-eight per cent (88%) of the loans for $50,000 or less have been approved for forgiveness. Read …

US MINT INCREASES COIN PRODUCTION

Mark Campanale Government Relations Updates, NPA News

In a report this week the coin shortage is easing since the U.S. Mint ramped up production to a level not seen for several years. The Denver and Philadelphia Mint facilities produced 14.8 billion coins in 2020, which was a 26% increase over the previous year. The scarcity of change was a sudden and unseen economic side-effect of the coronavirus …