NPA This Week in Pawn

National Pawnbrokers Association

Banks may join small-dollar lending market
Morning Consult

Regulators are weighing the pros and cons of allowing banks to lend small-dollar loans in the coming weeks as layoffs continue amid the COVID-19 pandemic.

Visit https://morningconsult.com/2020/03/19/regulators-weigh-opening-up-banks-to-small-dollar-lending-amid-pandemic/ to view the full article online.

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Gemological Institute of America
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All Signet jewelry stores to close
Diamonds.net

Signet announced that it will close all of its stores in the US and Canada in response to COVID-19. This closure applies to all brands including Jared and Kay Jewelers. 

Visit https://www.diamonds.net/News/NewsItem.aspx?ArticleID=64865&ArticleTitle=Signet+Closing+All+Stores+in+US%2c+Canada to view the full article online.

Illinious pawn shops to remain open
WCIA.com

Pawn shops will be allowed to stay open as an "essential business" during Illinious' stay at home order, allowing customers access to short-term loans. 

Visit https://www.wcia.com/news/pawn-shops-to-remain-open-during-pandemic/ to view the full article online.

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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.
Options in a financial crisis
LA Times

COVID-19 has caused a large disruption in the global economy, but it is not the end of the world for those strapped for cash. Here are a few ideas for those who need some help. 

Visit https://www.latimes.com/business/story/2020-03-19/even-in-a-financial-crisis-you-have-options to view the full article online.

Electronic Transfer, Inc.