Urgent Alert from NPA Government Relations
We have received comments and questions from many members of whether the Department of Defense’s Military Lending Act Regulation, 32 C.F.R. Part 232, is still in effect.
Primary Federal Statutes and Regulations Applicable to the Pawn Industry
The following is a program that Sam Shocket has used to grow and sustain a healthy 8-digit loan base for the last 40 years.
Recent inquiries from our members indicate that Equifax has now embarked on a direct calling campaign to pawnbrokers marketing their Military Lending Act non-Social Security Number product.
In early December 2017, NPA President Tim Collier, Government Relations Committee Liaison and Past President Fran Bishop, and Washington Counsel Cliff Andrews were granted a meeting at the Pentagon with DOD personnel and financial readiness officials. Here is our report.
The following is a discussion about “vehicle-title” loans, which in a few states are treated as pawn loans.
Dave Newman is both president and head janitor of his South San Francisco, CA, store, South City Pawn. Established in 1969, he and his brother took ownership of the store in 1989. They have been members of NPA ever since.
NPA Members Should Check the Accuracy of their Pawn Ticket APR Disclosure to Consumers
The following is intended to help pawnbrokers prepare for the October 3, 2016 mandatory compliance date for the expanded Military Lending Act (MLA) regulations. This information is not intended as, and should not be used as, a substitute for guidance from your local lawyer.
[title text=”SESCO’s Human Resource Management/Employment Law Member Program”] In response to the overwhelming number of members who have indicated that their toughest challenge in running their businesses concerns human resource and employment law issues, National Pawnbrokers Association (NPA) has partnered with SESCO Management Consultants to provide professional consulting and legal assistance. Through this exclusive partnership, NPA provides members with a …
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