Articles About Pawnshops
Recently, there have been a lot of articles written about pawnshops.
These articles have focused on how pawnshops are helping people who've
been laid off or taken pay cuts because of the
recession get the cash they need to survive. Some of these articles
are shown below:
List of Articles
04-06-2009
What about the customers who come here regularly or the people who've been turning to pawnshops for relief? "It's hard because where are they going to go? There ain't going to be no place," said Rosales. "Most of people doing loans are picking up, they're just getting through hard times and then redeeming their merchandise," said Plughoff...
03-30-2009
"Sometimes it's a matter of needing to pawn or sell that television set, or Rolex wrist watch or diamond ring, rather than having to forego a mortgage or pay a gas bill,” Tansky said...
03-25-2009
In an effort to save Santa Monica’s last remaining pawn shop, the City Council on Tuesday directed staff to draft an ordinance expanding the area Downtown that allows such establishments...
03-19-2009
Cash-strapped consumers, many of whom have lost their jobs, are turning to pawnbrokers for help, according to pawnshop operators around the country.
03-16-2009
A struggling economy has not kept local pawn shop goers away from selling their valuables. A throwback trend of pawning has helped some, on the local scene, snap this economic turmoil.
03-16-2009
"We are seeing a new customer base. People that are laid off or have taken cuts in their pay," says Ferebee. Her clientele pawn items for cash to get them to the next paycheck. "Rising grocery prices, rising gas prices - when gas was really high, we saw a lot of new business," says Ferebee.
03-16-2009
"With a bank, you're not going to get a 30-day loan, and you have to do all the paperwork and other things in order to get the money," he said. "Here, if you have a piece of property that has value, you can get the short-term cash you need with a lot less hassle. It's a much simpler way to keep people liquid."
03-14-2009
"I hear them everyday, people who lose their jobs, people who want to pay their rent," Carlos said. "If you have to pay the rent, and you have a nice TV to sell, it doesn't do you any good when the rent is due and you're going to be on the street."
03-13-2009
Reno pawn shop owners say the recession has created business on both sides of the economic equation, as more people seek cash for possessions while others look for bargains.
02-06-2009
The folks at Cockeyed.com put Cash4Gold to the test, rounding up a bunch of old rings, necklaces, and earrings, and taking them to a regular pawn shop to be appraised. The offer: $198 for the lot. They then sent the items to Cash4Gold and waited for a check in the mail. It arrived within a few days as promised... in the amount of 60 bucks.
01-06-2009
An increasing number of people are putting their Cartier jewels, Harley hogs and Saks Fifth Avenue furs up as collateral for pawn shop loans, according to an article in last week’s Wall Street Journal. And the Madoff scandal sent even more in those top income brackets digging through their jewelry boxes...
12-30-2008
The visitor was a 29-year-old engineer who was laid off earlier this year from one of the local chemical companies. Since then, he's been cleaning planes at the airport for less than half the salary he was earning a year ago. Now he needs a $2,500 loan on his watch -- a Movado Fiero with a diamond bezel -- to pay his mortgage note...
