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Home   About   Membership   Resources   Government Affairs   Meetings & Events Jan. 10, 2012


Atlanta Falcons Matt Bryant is still kicking after New York Giants signed the former Texas pawnshop worker in 2002
The New York Daily News    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Matt Bryant was trying to measure his words, recalling his days with the New York Giants. Bryant had been a feel-good story when he got to the Giants in 2002. Four years out of college, he had been working in a Texas pawnshop waiting for the phone to ring when the Giants gave him a shot. Jim Fassel barely spoke to him during the first two weeks of camp. Then the Giants cut him, put him on the practice squad and signed him when Owen Pochman went on injured reserve. More



Pawnshop owner's life lost in Ohio store shootout
Dayton Daily News    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Ilya Golub was shot multiple times with a .357 caliber revolver during a botched robbery, just a few days before Christmas. The 53-year-old store manager of Cash To Go Pawn Shop, located in the Dayton, Ohio-area, died a short time later. The deadly shootout also left a would-be robber dead, Montgomery County (Ohio) Sheriff Phil Plummer said. "It's a tragedy. (Golub) was a mainstay in our community. We all knew him because we worked the street," Plummer said. Golub came to Dayton in the late 1980s along with his wife and two children to escape persecution in the former USSR, friends said. The Golubs were among about 200 Russian Jews who sought political asylum in the Dayton area around that time. More
Related story:  1 arrested, 1 dead, 1 questioned, 1 loose (WDTN-TV)


'Cajun Pawn Stars' uncovers lost Jerry Lee Lewis recording from 1952
Starcasm    Share    Share on FacebookTwitterShare on LinkedinE-mail article
A huge part of the success of shows like "Pawn Stars" and "Antiques Roadshow" is that you just never know what people are going to bring in. Such is the case in the second episode of The History Channel's new reality series "Cajun Pawn Stars" when the owner of the Silver Dollar Pawn and Jewelry, in Alexandria, La., is presented with what his customer claims is a Jerry Lee Lewis recording from two years before it was previously thought he cut his first demo. More

Pawnbrokers — NOT a criminals best friend
KTVO-TV    Share    Share on FacebookTwitterShare on LinkedinE-mail article
VideoBrief
According to the owner of Double B Pawn & Jewelry in Kirksville, Mo., Bob Jones, there are several things they must do before purchasing an item from someone. According to a survey that was done a few years ago, less than one-tenth of 1 percent of stolen items go through pawnshops because there is a paper trail. "Thieves don't like that," said Jones.
More



In Greece's sour economy, some shops are thriving
The New York Times    Share    Share on FacebookTwitterShare on LinkedinE-mail article
With all the contraction in the Greek economy, with employees laid off en masse and 1-in-4 small businesses forced to close, it might seem odd that new shops are springing up like mushrooms in Athens and other cities. But the stores — pawnshops and gold dealers — are thriving as Greeks who are short of cash give up jewelry and other valuables to make ends meet and pay new taxes. More

Residents pawning gifts to pay off their debts
Nanaimo Daily News via canada.com    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Cash-strapped Nanaimo, Canada, residents are turning to pawnbrokers to help settle holiday debts; sometimes giving up Christmas gifts as collateral. Pawnshops are seeing a 20 percent jump in sales and pawns this January as people look to make extra cash. According to store owners, it isn't unusual to see an upswing in customers after the holidays, but reality TV shows and increasing household debt seems to have made pawning more popular. People are seeking emergency loans, at times using gifts as collateral. Presents are also being exchanged for cash. More

Holding period required for Harford, Md., pawn transactions
Explore Harford via The Baltimore Sun    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Pawnbrokers in Harford County, Md., will now have to wait 30 days before selling an item and will be required to keep records of their transactions for at least three years. At least one Harford County pawn dealer called the new law impractical. "Quite honestly, it will be pretty crippling for most pawn shops," Ed Wolf, owner of Associated Pawn Brokers on Route 40 in Edgewood,Md., said. "A hold period would be the point where we would be bursting at the seams in less than 30 days." More
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Boise, Idaho, pawnshops thrive amid downturn
Idaho Statesman    Share    Share on FacebookTwitterShare on LinkedinE-mail article
People go to pawnshops for many reasons, but they have been using the shops more since the economy started souring four years ago. As banks have tightened lending, home-equity loans have become scarcer and credit cards have blown past their upper limits, people have been turning to pawnshops for quick cash to make ends meet. "More affluent people are needing to borrow money," said Tim Birkle, co-owner with his brother and sister of GNP of Idaho, which owns three Vista Pawn shops in Boise and Nampa, and Airman Pawn in Mountain Home. "Small businesses need to make payroll." More

Down, but not out, in Paris
The New York Times (opinion)    Share    Share on FacebookTwitterShare on LinkedinE-mail article
There are no private pawn houses to be found on the squares, boulevards or back streets of Paris. After a centuries-long battle, a Napoleonic law was passed in 1804 to ban pawnbrokers — some of them charging interest rates as high as 120 percent. Today the state still holds a monopoly on pawnbroking through an institution known as the Crédit Municipal — interest rates 4 to 9 percent. More

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Heading to the pawnshop? Know your rights
WJBK-TV    Share    Share on FacebookTwitterShare on LinkedinE-mail article
With more people these days turning to pawnshops for badly needed cash, it's important to know what sort of rights you have when you trade your treasures. The question arose after a Detroit news station aired a story about a group of customers from Global Pawn in Monroe, Mich., who were caught totally off guard when shop closed before they could reclaim their items. More
Related story:  Customers upset after Monroe, Mich., pawnshop closes (WJBK-TV)


Jackson County, Mo., considers restrictions on pawnshops, payday lenders
The Kansas City Star    Share    Share on FacebookTwitterShare on LinkedinE-mail article
A pawnshop here, a payday loan operation there. Pretty soon the neighborhood becomes full of such businesses. To keep that from happening in unincorporated parts of Jackson County, Mo., the county legislature is considering new restrictions. No two businesses offering high-interest, short-term loans could be within a mile of each other, or within 1,000 feet of a church, daycare center, park, hospital, school or public building. More


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