38 Ill. Adm. Code 3600.360.900
Pawnbroker Annual Report
TITLE 38: FINANCIAL INSTITUTIONS
CHAPTER II: DEPARTMENT OF FINANCIAL AND PROFESSIONAL REGULATION
PART 360 LICENSING AND REGULATION OF PAWNBROKERS
SECTION 360.900 PAWNBROKER ANNUAL REPORT
Section 360.900 Pawnbroker Annual Report
The Department shall, in conjunction with advice from a
professional association that represents 50 or more licensees, issue an annual
report, via an Internet-based program, of aggregate pawnbroker activity within
180 days after the beginning of the calendar year. The report shall contain at
a minimum:
a)
The number of
licensed pawnbrokers;
b)
The total dollar
amount financed;
c)
The
total number of pawns for each value threshold set forth in subsection (c) of
Section 15-10
[205 ILCS 511/15-10(c)];
d)
The total dollar
amount of extensions;
e)
The
total number of extensions for each value threshold set forth in subsection (c)
of Section 15-10
[205 ILCS 511/15-10(c)];
f)
The
average pawn dollar amount for each value threshold set forth in subsection (c)
of Section 15-10
[205 ILCS 511/15-10(c)];
g)
The
average monthly finance charge for each value threshold set forth in subsection
(c) of Section 15-10
[205 ILCS 511/15-10(c)];
h)
The percentage of pawns
surrendered to law enforcement;
i)
The percentage of
total pawns surrendered to law enforcement by dollar amount;
j)
The percentage of
pawns redeemed;
k)
The percentage of
pawns extended;
l)
The total number of
pawnbroker employees;
m)
The total number of
licensees reporting;
n)
The total number of
complaints received and resolved by the Department;
o)
The total number of
defaulted pawn transactions reported to a credit bureau;
p)
The total number of
defaulted pawn transactions sent to a collection agency;
q)
The
total number of defaulted pawn transactions resulting in wage garnishment or
legal action to collect; and
r)
The
total number of pawn transactions reported to law enforcement.
[205 ILCS
511/10-60]