PYMNTS-MonitorEdge-May-2024

pawn shops

Payday Lending Laws Drive Traffic To Pawn Shops
Payday Lending Laws Drive Traffic To Pawn Shops
October 04, 2019  |  Alternative Finances

While short-term lending in general has a pretty rough reputation, the pawn loan is the most ill-regarded arena in an already unloved category of consumer lending. By...

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

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...

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

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...

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

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...

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

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...

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