Payday lenders in Ohio run to Supreme Court for shelter: Plain Dealing
The Plain Dealer
Payday lenders hope Ohio's Supreme Court will spare them from facing the consequences of having ignored state law for the past four years. In November, an appeals court ruled that Cashland stores must comply with a state law that caps interest on quickie loans at 28 percent.
Cash-strapped South Koreans turn to IT pawnshops
Tech-savvy South Koreans are temporarily abstaining from their gadgets in exchange for almost-instant cash loans thanks to a new breed of pawnshops specializing in IT products. While traditional pawnshops that deal in everything from fur coats to wedding gifts are going out of fashion, IT pawnshops equipped with modern interiors, websites and young staff are spreading across South Korea, one of the world's most wired nations.
Gun dealers report shortages of ammunition
Gun shops are running low on ammunition from a run by customers fearful of potential gun-control legislation, according to gun retailers and customers. Prices have more than doubled over past year in some shops, retailers are putting limits on the amount a customer can buy, and some common types of ammunition, such as .22-caliber long rifle shells, are hard to get.
Singer, owner of pawn and music shop in Spokane, Wash., dies
Gary Singer, owner and operator of Dutch's Inc. in Spokane, Wash., died on Feb. 15. He was 66. Singer joined the family-run pawnshop and musical instrument store in 1971. He left graduate school to help his father, Bob Singer, run the business but eventually earned a master's degree in economics from the University of Oregon. He was the third generation of family members to run Dutch’s Inc., which has been in business for 98 years.
Pawnshop tracking system saves time, prevents crime
Shore News Today
In just three months, the Egg Harbor Township Police Department in New Jersey recovered approximately $80,000 in stolen property and arrested 11 people in connection with those thefts, all thanks to a new automated inventory system at resale retailers, according to officials.
Man dressed in camouflage nabs assault rifle from Wilmington, NC, pawnshop
Jim's Pawn & Guns, in Wilmington, N.C., brimmed with customers on a recent Friday morning. But as shoppers scanned the array of pistols, rifles and shotguns on exhibit, a thief lurked in their midst. It was about 9:58 a.m., when a man dressed in camouflage climbed up a display and, apparently without anyone paying him any bother, snatched a $2,000 assault rifle off the wall and walked out of the store.
North Carolina community proposes tighter regulations on pawnshops in crime crackdown
The city of New Bern, N.C., is proposing tighter regulations on pawnshops to crack down on crime. The proposal is to require pawn hops to give police daily, electronic reports of everything they've bought or sold. It would also require pawnshops to pay license fees that would, in turn,
The real story behind pawnshops (WTVT-TV)
Beverly Loan Company's diamond and gold anniversary (PRWeb via The San Francisco Chronicle)
State of the Union reaction: Gun sales still strong (CNBC)
Tradesies (Shaw Community TV Okanagan via YouTube)
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