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Lisa Little

2 Year Supporter

Charter Mamber

Member Meeting April 27, 2023


Link to GPA Meeting Recording


https://shoutout.wix.com/so/95OV4dHMA?languageTag=en

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Lisa Little

2 Year Supporter

Charter Mamber

How Do Small-Dollar, Nonbank Loans Work?


by Thomas Miller

Millions of Americans rely on small-dollar, non-bank-supplied credit products: payday, pawn, vehicle title, and personal installment loans from finance companies. Many features of these vital products, however, are not well understood. This book contains explanations of how these loans work, what features they share, and how they differ. Readers seeking to understand these products might learn something surprising. For example,

  • Pawn transactions are not loans in the traditional sense.

  • Interest rate caps influence the size of installment loans.

  • The length of a payday loan affects its annualized interest rate.


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Welcome to the Georgia Pawnbrokers Association Beta Website Forum!

We are so glad that you have decided to become a member of the Georgia Pawnbrokers Association. We are currently working on enhancing our members-only area with educational opportunities and information to enhance your GPA membership. If you have ideas or would like to contribute your expertise, please let us know at info@georgiapawnbrokers.org.



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