NPA Board of Directors Meeting

Mark Campanale Members Only

NPA MEMBERS ONLY Join us at our upcoming Board of Directors meeting scheduled to be held on Monday and Tuesday, September 27-28 just outside Nashville, TN. At this meeting, each of our committees will share what their goals and plans are for the upcoming year. We will hear from our GRC team, review annual budgets and hear directly from our …

People of Pawn: Ben Levinson

Mark Campanale By Pawnbrokers for Pawnbrokers, NPA News

BEN IS A NATIVE OF GEORGIA and graduated from the University of Georgia with a BBA in Marketing. He is a former President and Vice President of the Pawnbrokers Association of Georgia and former President, Vice President, and Secretary of the National Pawnbrokers Association. He has had an active role as a pawnbroker for over thirty-five years and serves as …

State Bill Tracking

Mark Campanale Members Only

Some state legislatures are in session year-round, others for specific periods of time, special sessions are called which are usually supposed to be to take up one specific topic, and the list goes on.   The NPA subscribes to a state bill tracking service that I monitor on your behalf. In the last few weeks or so the list is growing of pre-filed bills for the …

NPA Wins Injunction Against 36% Rate Cap

Mark Campanale Government Relations, Government Relations Updates, Members Only

NPA, IPA and Other Plaintiffs Won a Preliminary Injunction against the Illinois Department of Financial and Professional Regulation’s Attempt to Apply a 36% Rate Cap on Illinois Pawnbrokers!   September 7, 2021As many of you know, the NPA joined the Illinois Pawnbrokers Association, Cash America, Inc. of Illinois, and EZPawn Illinois, Inc. as named plaintiffs in seeking a preliminary injunction against the Illinois Department of Financial and Professional Regulation’s attempts to add pawn …

Protecting Americans from Debt Traps

Mark Campanale Government Relations, Government Relations Updates, Members Only

The Senate Banking, Housing and Urban Affairs Committee held a hearing on July 29, “Protecting Americans from Debt Traps by Extending the Military’s 36% Interest Rate Cap to Everyone”.    This hearing immediately followed the filing of another Senate rate cap bill on July 28th to extend the provisions of the Military Lending Act to all consumers. This bill is S. 2508 and the official text is not …

Senator Durbin Files S. 2349 Establishes a 36% Cap on Fees and Interest

Mark Campanale Government Relations, Members Only, NPA News

July 15, 2021Cliff Andrews obtained a copy of S. 2349, which was filed yesterday, July 14th, by Senators Durbin (Illinois), Merkley (Oregon), Blumenthal (Connecticut), and Whitehouse (Rhode Island). The bill amends TILA and imposes a cap on “fee and interest” of 36 per cent on closed-end transactions covered by TILA. It contains limited tolerances that do not appear to be …

PAWN EXPO LETTER FROM OUR EXECUTIVE DIRECTOR

Mark Campanale Members Only

Hello Pawnbrokers, Vendors, Pawn Friends and Pawn Family, It is with a great deal of both gratitude and excitement I share with you today how much I am looking forward to meeting with you in Fort Worth in just a few short weeks. It has been a solid ten months of planning here at NPA to prepare for your Annual …

5 Tax Reduction Strategies

Mark Campanale Expert Guidance, Members Only, NPA News

~ Larry Oxenham will be speaking on this topic at Pawn Expo 2021 ~ [administrator notice: content below memberonly folder=”Pawnbroker Members, International PB Members, IP Members, Canadian PB Members, staff, Members Only Code” message=”This Content is for Members Only”] By Larry Oxenham, American Society for Asset Protection  Americans pay more in taxes each year than they spend on food, clothing, …

Capital Pawn Celebrates Reopening One Year After Devastating Fire

Mark Campanale Members Only

Public invited to event held at their South Salem location on June 12 [SALEM, OREGON] — If you were to overhear the conversation between Beth and Adam Anundi as they inspect the construction site of their Salem pawnshop, it would be easy to mistake them as owners of a brand new store. Their cheery banter and enthusiastic attention to every …

FROM THE FBI: NICS “SUBMIT A SEARCH” UPDATE

Mark Campanale Members Only

Overview The ‘Submit a Search Request – E.C.’ screen flow has been updated from a single page into multiple pages to aid with data entry and to increase the speed of loading the page to your screen. The order of the questions and the fields remain the same except for some enhancements to the ‘Middle Name’ field.   Use the ‘Continue’ and ‘Back’ buttons to navigate …

NPA Comment to CSBS/NMLS Licensing System

Mark Campanale Members Only

May 28, 2021 Conference of State Bank Supervisors, NMLS Policy Committee, and NMLS Modernization Steering Committee 1129-20th Street, N.W. Washington, D.C. 20036 Via: comments@csbs.org Re: Request for Comments on NMLS Modernization, Networked Licensing Model, Licensing Requirements, Core Requirements, and Identify Verification Dear [decide addressee]: The National Pawnbrokers Association (NPA) appreciates the opportunity to comment on proposed changes to the NMLS …

TOP THREE THINGS ON PAWNBROKERS MINDS

Mark Campanale Expert Guidance, Members Only

RECENTLY, THE NPA ASKED MEMBERS what three things were top of mind for them as they moved into the New Year. This poll was informal, but it was soon backed up by the results of the NPA Operating Report Benchmarking Survey. The top three things for 2021 are the top three things that were concerns in 2020, especially considering 2021 …

EMBRACING TECHNOLOGY

Mark Campanale Expert Guidance, Members Only

A Key to the Ultimate Customer ExperienceWalt 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 surely …