Truth in Lending Act (TILA): Federal law requiring disclosure of credit terms and standardized calculation of interest rates for pawnshop transactions

Bank Secrecy Act (BSA): Federal law requiring pawnshops to maintain records and report suspicious transactions to prevent money laundering

USA PATRIOT Act: Federal regulations regarding customer identification and verification requirements for financial 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 for military service members in lending transactions, including pawn loans

State Pawnbroker Laws: State-specific regulations governing pawnshop operations, including licensing, interest rates, and operational requirements

State Usury Laws: State-specific regulations limiting interest rates and fees that can be charged on pawn transactions

State Licensing Requirements: State-specific requirements for obtaining and maintaining a pawnshop license

Local Municipal Ordinances: City or county-specific regulations governing pawnshop operations in local jurisdictions

Fair Credit Reporting Act: Federal law governing the collection, dissemination, and use of consumer credit information

Equal Credit Opportunity Act: Federal law prohibiting discrimination in credit transactions based on race, color, religion, national origin, sex, marital status, or age

Authorization Letter Requirements: Essential elements including clear identification of parties, specific powers granted, description of pawned items, time limitations, and notarization if required