Pawn Shops news and trends

China Looks To Crack Down On Pawn Shop Lenders
Regulation // March 13, 2019

As it turns out, there is such a thing as being too successful in selling one’s wares, a reality that China’s pawn shops are about to become acquainted with, it seems. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

China Aims To Curb SMBs’ Use Of Pawnshop Loans
B2B Payments // March 12, 2019

Chinese regulators continue to crack down on shadow and alternative lending: Their latest target is the pawnshop financing space, which is often used by small businesses for quick capital. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Pawn Shops, Payday Lenders Benefit From Gov’t Shutdown
Debt // January 21, 2019

The partial government shutdown, which is now in its fourth week with no sign of ending, is helping out at least two industries: pawn shops and payday lenders. The Financial Times reported that pawnshop chains and payday lenders are seeing a huge jump in their business thanks...

CFPB Acts Against Deceptive Pawn Companies
Security & Fraud // December 20, 2016

The Consumer Financial Protection Bureau (CFPB) announced Monday (Dec. 19) that it took action against four Virginia pawnbrokers for what it said was deceptive practices in terms of the actual annual costs of loans. Get the Full Story Complete the form to unlock this article...

Quick Reads
China Aims To Curb SMBs’ Use Of Pawnshop Loans

March 12, 2019
Chinese regulators continue to crack down on shadow and alternative lending: Their latest target is the pawnshop financing space, which is often used by small businesses for quick capital. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe […]

Pawn Shops, Payday Lenders Benefit From Gov’t Shutdown

January 21, 2019
The partial government shutdown, which is now in its fourth week with no sign of ending, is helping out at least two industries: pawn shops and payday lenders. The Financial Times reported...

CFPB Acts Against Deceptive Pawn Companies

December 20, 2016
The Consumer Financial Protection Bureau (CFPB) announced Monday (Dec. 19) that it took action against four Virginia pawnbrokers for what it said was deceptive practices in terms of the actual...