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]

(Source:  Added at 49 Ill. Reg. 14602, effective October 29, 2025)