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Home   About   Membership   Resources   Government Affairs   Meetings & Events Dec. 13, 2011

A new day for pawnshops
Star Tribune    Share    Share on FacebookTwitterShare on LinkedinE-mail article
When John McClellan needed Christmas gifts for his wife, his kids, his mom and his brother, he knew just where to look: his neighborhood pawnshop. Don't laugh. Fueled by an improving image and popular cable TV shows such as "Pawn Stars" and "Hardcore Pawn," pawnshops are becoming increasingly popular destinations for thrifty holiday shoppers. More

An inside look at America's growing dependence on pawnshops
Business Insider    Share    Share on FacebookTwitterShare on LinkedinE-mail article
There are 44 million unbanked Americans in the United States and have a poor or nonexistent credit history. "They use pawnbrokers as a way to borrow what they need and they develop a relationship of trust with that person that's ongoing," said Emmet Murphy, a spokesperson for the National Pawnbrokers Association. More

Tiger Pawn II to remain open
Boonville Daily News    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Owners of the Tiger Pawn II in Boonville, Mo., now say the shop will remain open for business following the deadly assault that took place in the shop on Nov. 17. Dan Trimm, the store's owner, had said just a few weeks ago that the store would close and move all operations to their other location. Now, Trimm said that a new manager for the location had been found and that the store would not close. More

More people using jewelry, valuables as collateral for loans to tide them over
Daily Record    Share    Share on FacebookTwitterShare on LinkedinE-mail article
David Rueda got into the pawn business about four years ago. Rueda has owned Blackwell Jewelers in Dover, N.J., since 2001, but he noticed in 2008 that more and more people were coming into the store looking to pawn or sell jewelry. "People needed money for their mortgages, for rent, a lot of people were unemployed," Rueda said. "Its been steady since then." More

Business is looking good for many midstate pawnshops Christmas season, economy cited for uptick
Macon Telegraph    Share    Share on FacebookTwitterShare on LinkedinE-mail article
The rocky economy of the past couple of years, plus the Christmas holiday, has had an interesting effect on some Middle Georgia pawnshops. More people are bringing things to pawnshops in order to get short-term loans because of the economy, said Chuck Williams III, owner of Chuck's Gun & Pawn Shop in Warner Robins. On the other hand, this time of year is a busy time for most pawnshops, just like other retailers, as customers come in to find good deals for gifts, he said. More

Gold to remain sideways on global uncertainty
Business Standard    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Gold price is likely to remain sideways due to uncertainty in global economy. The metal, of late, has started losing its status as safe haven investment avenue at the time of global economic crisis. The metal remained range-bound during the past one week and closed at Rs 28,915 per 10g on Saturday in Mumbai's Zaveri Bazar, a marginal decline of 0.36 per cent. In dollar terms, however, the decline remained slightly severe with the yellow metal closing at $1,711.60 an ounce. More

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'Pawn Star: Shop's patrons doing better
Las Vegas Review-Journal    Share    Share on FacebookTwitterShare on LinkedinE-mail article
This Christmas season feels different at Gold & Silver Pawnshop. Ever so slowly, optimism is creeping back along once-booming Las Vegas Boulevard. "From what I'm hearing, people aren't bleeding money anymore," said Rick Harrison, co-owner of the shop featured on "Pawn Stars." More

New pawnshop regulations could come to Casper, Wyo.
Casper Star-Tribune Online    Share    Share on FacebookTwitterShare on LinkedinE-mail article
The Casper City Council (Wyo.) has voted to adjust pawnshop regulations in response to difficulties caused by an inconsistent law. Police Chief Chris Walsh said the revised ordinance aims to clarify how long pawnshops must hold items and what bookkeeping guidelines to follow. More

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Shopping pawnshops for the holidays
KFVS-TV    Share    Share on FacebookTwitterShare on LinkedinE-mail article
It might not be the first place that comes to mind when you think Holiday shopping, but for many people pawnshops are becoming the first choice. "The speakers, of course the tools," says Joe Wilson, a pawnshop owner in Cape Girardeau, Mo., as he shows the merchandise in his store. "Acoustics, electric acoustics, I've got a bass and electrics." More

Proposal would toss out ban on Las Vegas pawnshops
Las Vegas Review-Journal    Share    Share on FacebookTwitterShare on LinkedinE-mail article
A stretch of Las Vegas Boulevard that's home to tattoo shops, adult booksellers and discount motels could be welcoming pawn shops to the mix if the Las Vegas City Council approves a proposed ordinance. The ordinance would lift a long-standing prohibition on pawnshops between Charleston and Sahara avenues. More

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