NPA This Week in Pawn
The Morehead News
While standing inside a Somerset pawn shop, a tearful Jesse said his thanks to those who orchestrated the return of the case, including shop owner Liz Turpen and frequent customer Larry Gentry. Turpen, owner of The Pawn Shop now located on Ky. 2227, explained that years ago, Joe Canada brought the case and a guitar into her previous shop location.
California Globe
The bill increases payment and fee amounts instituted at pawn shops. Previous law stipulated that loan setup fees could not be more that $7.50 or 3.5% of the loan amount, and could not be higher than $30. Under AB 1186, it’s been upped to $7.50 or 3.% of the loan, not to go past $90.
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AZfamily.com
Police are offering $1,000 to the first person who contacts them with information on a man suspected of robbing a pawnshop with a hammer after pepper-spraying two of its employees in face.
INSTORE
A $25 thrift-store couch turned out to be highly profitable for one Canadian woman.
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Wexler Insurance Agency, Inc.
Wexler Insurance Agency/IJB has an In-house Underwriting and a Claims and Loss Control Department focused on providing Pawnbrokers world-class products and service at competitive prices. We are one of the largest cover holders for Certain Underwriters at Lloyd’s of London. We also represent other financially sound highly respected insurance companies.
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Wexler Insurance Agency, Inc.
Wexler Insurance Agency, Inc.
Johnson City Press
Albert’s Pawn held a ribbon cutting for its fourth location in the TN Tri-Cities on Thursday. The shop, located at 2710 N. Roan St., is the company’s second spot in Johnson City, TN. The business also has stores in Kingsport and Bristol.
Sun Sentinel
Richie’s Pawn & Guns in Tamarac, FL, touts its more than two decades of experience in the pawn industry and says “you’ll be amazed by what you can find and its low cost.” The business at 5227 N. State Road 7 was raided by detectives from the Broward Sheriff’s Office after “a year-long investigation into an organized retail crime operation where the suspects knowingly sold stolen merchandise,” the agency said.
Electronic Transfer, Inc.