As defined in New York State General Business Law (GBL) §52, a “collateral loan broker” (also known as a “pawnbroker”) is a person, partnership, or corporation that loans money on deposit or pledge of personal property or buys personal property and sells it back at a set price. The New York City Department of Consumer and Worker Protection (DCWP) issues this license.
NYC Department of Consumer and Worker Protection (DCWP)
42 Broadway, Lobby
For further assistance, please call 311 and ask for: Pawnbroker License