by Data Age | Sep 3, 2014 | Business, Business News, Industry, Laws
On August 11th the Consumer Finance Protection Bureau issued an advisory warning consumers about the risks surrounding Bitcoin and other virtual currencies. Some of the risks the outline are: Unclear costs Volatile exchange rates The threat of hacking and scams...
by Data Age | Sep 3, 2014 | Industry, News, Security
We all know most pawnshops work closely with the police when it comes to identifying stolen goods. A few shops are getting some press for doing so. Linton Man Arrested After Pawning Stolen Goods Jewelry, car stolen from Watertown home Pawn shop helps state police ID...
by Data Age | Sep 2, 2014 | BE ON THE LOOKOUT, Industry, News, Security
KOAT in Albuquerque reports that GoPo, the small “go anywhere’ cameras are the most popular stolen items showing up at pawnshops. Many local shops have stopped taking them because of this trend. See KOAT’s Laura Thoren report here.
by Data Age | Sep 2, 2014 | Firearms, Industry, Laws, News
The law enforcement community is divided on initiative 594 which would expand the universal background check to include sales at gun shows and private sales. It would also include gits and loans. This Columbian article outlines the different view points from both...
by Data Age | Sep 2, 2014 | Business, Industry, Laws, New to the Industry, News
Kennesaw GA, located in the grater Atlanta area, has put a one year moratorium on any new pawn shops, title loan shops and payday...
by Data Age | Sep 2, 2014 | Business, General Merchandise, Industry, Marketing, News
This Aiken Standard article did a really nice article about Morgan Milner, owner of The Whiskey Trader in South Carolina. The article outlines the basic difference of using a pawnshop vs. eBay or even a bank. To me the main point for people in our industry is the...
