A pawnshop chain is asking a federal judge to delayimplementation of new Pentagon rules enforcing the Military Lending Act.

Huntco Pawn Holdings, a chain that operates shops in Illinois,Iowa and Missouri, filed suit in the U.S. District Court for theDistrict of Columbia, charging the Department of Defense failed totake into account the impact the rules would have on smallbusinesses, such as pawn shops.

Credit unions also have expressed concern about the impact ofthe rule, which places a verification burden on them.

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