Georgia keeps which has no information in the title-pawn industry. Regulators and customer advocates acknowledge they can not say what number of specific organizations run right right here. A written report earlier in the day this season by the advocacy team Georgia Watch and Georgia State UniversityвЂ™s scholar Innovation Fellowship discovered that at the time of January there have been at the very least 755 locations that are title-pawn.
State officials confirmed they donвЂ™t track car repossessions. Therefore the Georgia Department of RevenueвЂ™s car unit will not keep data regarding the transfer of games from individuals to title-pawn businesses. In addition it canвЂ™t say exactly how much cash these organizations provide against games.
вЂњThis is a market that is actually preying on a residential district, actually preying on young adults whom might not have had a bank-account before or a economic product,вЂќ said Beth Stephens, senior manager for general public policy at Georgia Watch in Atlanta. Read more