The issue on appeal is whether KTL is a pawnbroker. Resolution of this issue is determinative of whether KTL’s actions https://www.cashadvancecompass.com/personal-loans-pa/portland were illegal pursuant to KRS , KRS , and KRS . KRS defines pawnbroker as:
A pawnbroker is to be distinguished from one engaged in the business of making small loans upon security of chattel mortgages or wage assignments
Any person who loans money on deposit of personal property, or who deals in the purchase of personal property on condition of selling the property back again at a stipulated price, or who makes a public display at his place of business of the sign generally used by pawnbrokers to denote their business, or who publicly exhibits a sign advertising money to loan on personal property or deposit is a pawnbroker. (Emphasis added.)