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Government Relations

Frequently Asked Questions: Compliance with the Military Lending Act

Government Relations, Legislative Updates & Alerts

Updated November 23, 2021  We’re here with answers to NPA members’ recent questions on Military...
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36% Rate Cap Bill filed in the U.S. House of Representatives

Government Relations, Government Relations Updates, Legislative Updates & Alerts, Rate Cap

On November 15, 2021, H. R. 5974 the Veterans and Consumers Fair Credit Act was introduced by Rep. Jesus G. “Chuy” Garcia, (IL-D-4)....
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Protecting Your Business and the Pawn Industry Following the CFPB’s Military Lending Act Enforcement Action against First Cash/Cash America West, Inc.

Government Relations, Government Relations Updates

November 16, 2021  The NPA has reviewed the CFPB’s Military Lending Act (MLA) enforcement action against First Cash, Inc./Cash...
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CFPB Commences Military Lending Act Enforcement Action Against  FirstCash, Inc. and Cash America West, Inc. 

Government Relations, Government Relations Updates

November 12, 2021  Earlier today, the CFPB filed an action in Texas federal district court against FirstCash, Inc. and Cash America...
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Pawnbrokers and Banks

Government Relations

11/11/21 by Fran Bishop, NPA Government Relations Liaison, NPA Past President What immediately comes to mind? We hope it is not ’The...
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Buy Now, Pay Later In The News

Government Relations, Government Relations Updates

11/4/2021  Buy Now Pay Later (BNPL) is not just for online shopping. It is another option for extending credit to consumers on...
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Update On IRS Reporting Plan

Government Relations, Government Relations Updates

10/28/2021 Latest episode in the mini-series about an IRS reporting plan is…  Some media reports the plan is dead, but...
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Postal Banking Pilot Program Not Authorized by Congress

Government Relations, Government Relations Updates

10/28/2021 Ranking Members of the House Financial Services and the Oversight and Reform Committees sent a letter to the Postmaster General...
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IRS Treasury Fact Sheet

Government Relations, Government Relations Updates

What is the latest DC discussion on the Administration/Treasury/IRS modified proposal to receive information on your...
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New Director of the CFPB

Government Relations, Government Relations Updates

After months of hearings, discussions, etc. Rohit Chopra was sworn in as Director of the CFPB on October 12, 2021. His opening statement...
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Preliminary Injunction in the Illinois Rate-Cap Litigation Remains in Effect with No Appeal by the Attorney General

Government Relations, NPA News

October 12, 2021The September 7th GRC Update on the litigation brought by the Illinois Pawnbrokers Association, the NPA, and other...
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Are You Offering Check Cashing Services?

Government Relations

10/7/2021 FYI to pawnbrokers offering check cashing as an additional customer service… No offense to hard-working postal employees…but...
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Pawn Industry Talking Points

Federal Legislation, Members Only, Talking Points

The following points address the unique aspects of the pawn industry.
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