Truth in Lending Act (TILA): Federal law requiring transparent disclosure of lending terms and consumer credit costs in pawnshop transactions
Bank Secrecy Act (BSA): Federal regulation requiring pawnshops to maintain records and report suspicious transactions to prevent money laundering
Patriot Act Requirements: Federal regulations mandating customer identification procedures and verification of identity for pawnshop transactions
Federal Trade Commission Regulations: Federal guidelines governing fair business practices and consumer protection in pawnshop operations
Military Lending Act: Federal law providing special protections and interest rate caps for active duty service members and their dependents
State Pawnbroker Licensing: State-specific requirements for obtaining and maintaining a pawnbroker license
State Usury Laws: State regulations governing maximum allowable interest rates and fees for pawn transactions
State Disclosure Requirements: State-mandated information that must be provided to customers during pawn transactions
State Holding Period Regulations: State laws specifying mandatory holding periods for pawned items before they can be sold
State Record-Keeping Requirements: State regulations on maintaining detailed records of all pawn transactions and customer information
Third-Party Authorization Laws: State-specific requirements for conducting pawn transactions through an authorized representative
Municipal Licensing Requirements: Local government regulations for operating a pawnshop within city or county jurisdiction
Local Law Enforcement Reporting: Municipal requirements for reporting pawn transactions to local law enforcement agencies
Local Pawned Items Restrictions: City or county-specific restrictions on types of items that can be pawned
