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Home   About   Membership   Resources   Government Affairs   Meetings & Events Jan. 17, 2012

Wal-Mart rolls out free tax prep at stores
American Banker (registration required)    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Wal-Mart Stores Inc. is partnering with tax preparation companies Jackson Hewitt Inc. and H&R Block Inc. to offer free tax prep at more than 3,000 stores, in a move that could boost deposits on the retailer's prepaid card. Wal-Mart, like its two tax-preparation partners, sells prepaid debit cards that its customers can use instead of traditional debit cards or bank accounts. By partnering with the tax companies, Wal-Mart will now be able to encourage those customers to get their tax refunds loaded directly onto their cards, instead of via checks. More

Pawn again: The rebirth of the high-street credit merchants in the UK
The Independent    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Twenty years ago, the pawnbroking industry in the United Kingdom had all but shut up shop. Now business is booming as never before. A reporter with The Independent meets the loan arrangers whose value is on the rise. More

Goldman on metal pawning
Financial Times    Share    Share on FacebookTwitterShare on LinkedinE-mail article
In gold, the relationship between real interest rates and gold prices has opened up to the widest levels in the current cycle. This wedge between gold prices and real interest rates as measured by 10-year TIPS was driven by a substantial surge in the demand for U.S. dollars during December. This demand for U.S. dollars drove the gold lease rates to unprecedented negative levels as U.S. dollars became increasingly more valuable than gold. More

FBI data shows spike in US firearm purchases in 2011
Reuters    Share    Share on FacebookTwitterShare on LinkedinE-mail article
The FBI performed a record number of instant background checks on would-be firearm buyers in 2011 as Americans went on an apparent gun-buying spree, according to new government data. The FBI said it fielded nearly 16.5 million queries from firearms sellers last year, checking that customers buying guns did not have criminal records or other red flags that made them ineligible to purchase weapons. More

Breaking the stigma by shopping at pawnshops in Provo, Utah
UVU Review (blog)    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Utah Valley is home to over a dozen pawnshops. Having only explored the pawnshops of Yakima, Wash., I set out to see what our local community held hidden between bakeries and boutiques, writes Sierra Wilson. My journey led me to a trio of three pawnshops, nestled together like unlikely siblings on a single block of Provo's Center Street. More

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Graff Diamonds sues Hong Kong pawnshop over diamond stolen in 2007 heist
Bloomberg    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Graff Diamonds Ltd. sued a Hong Kong pawnshop seeking the return of a yellow diamond that the jewelry retailer says was stolen from a London store in 2007. The 16.64 carat diamond was part of more than $20 million in jewelry stolen from Graff's store on Sloane Street in London on July 5, 2007, according to the complaint in New York State Supreme Court in Manhattan. More

Pawnshop photos help nab burglary suspect
Wicked Local    Share    Share on FacebookTwitterShare on LinkedinE-mail article
The 33-year-old robbery suspect tried to bicycle away from the crime, but he didn't get far, thanks to evidence obtained from a Bridgewater, Mass., pawnshop, police said. Police arrested Michael R. Daly — who may be connected to a half dozen other house breaks in the area — after he fled from a home on a bicycle. More

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3 burglary suspects caught on roof of Spring, Texas, pawnshop
KHOU-TV    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Three men were arrested after they were caught breaking into a pawnshop in Spring, Texas. Deputies said they responded to an alarm at JET Pawn Shop around 1:30 a.m. and found a U-Haul truck in the back with some rope, masks, a ladder and other supplies. The searched the perimeter and found no forced entry. More

Police chief in Richmond, Ky., want more documentation by pawnshops
The Richmond Register    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Thieves in Kentucky could not get money for stolen items so easily if pawnshops and other resellers required more documentation when they accepted items, and held them longer before selling them, Richmond Police Chief Larry Brock believes. As he gave his annual report to the city commission, Brock displayed the very limited information that some shops put on pawn tickets. More

UK pawnbrokers shrug off 'Dickensian' image as consumers
lose faith in banks

The Huffington Post United Kingdom    Share    Share on FacebookTwitterShare on LinkedinE-mail article
In the Victoria branch of T.M. Sutton pawnbrokers, between the glass cabinets of designer watches and jewelry, is a life-sized bronze statue of Elvis Presley. Its one-time owner, Sid Shaw, made headlines in the late 1990s with a landmark ruling that changed U.K. trademark law, winning the rights to distribute Elvis merchandise in Europe from the Presley estate, which he had supplied with souvenirs in the 1980s. More

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NPA Weekly NewsBrief
Colby Horton, Vice President of Publishing, 469.420.2601   Download media kit
Yvette Craig, Sr. Content Editor, 469.420.2641   Contribute news
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