Do pawn customers enjoy the same protections under federal law that customers of other financial institutions enjoy?
No. Pawn transactions are the only type of consumer credit that requires reporting to local law enforcement agencies. In many states this reporting is required daily, and must include extremely sensitive personal information about the consumer (ie. ethnicity, gender, address). Much of this information qualifies as “non-public personal information” under federal privacy law and is entitled to protection as such.
Related Questions
- I thought veterans already had protections under federal law. What are the differences between state and federal protections?
- Do pawn customers enjoy the same protections under federal law that customers of other financial institutions enjoy?
- Do pawn customers enjoy the same protections under federal law that customers of other financial institutions ?
