History Channel & Pawn Shops
The History Channel begins a 12 part Pawn Shop Industry historic overview.
Even the Rich Using Pawnshops! Are Payday Loans Next?
Thanks to our current economy and the arrest of ponzi-king Bernard Madoff, or should we say “made-off as in made-off with all our money”, even the very rich are heading to their local pawnshop to make it through the week.
Record Payday Loan Profits
First Cash Financial Services Inc. indicated increased revenue streams from its pawn shop operations have resulted in a major uptick to its earnings expectations for 2008.
Headquartered in Arlington, Texas, First Cash Financial (NASDAQ: FCFS), which operates pawn, loan and check-cashing stores, has increased its 2008 earnings per share guidance to an estimated range of $1.24 [...]
Pawnshop Launches Internet Business
They make loans on jewelry, watches, gem stones, gold and memorabilia at a rate of 4% to 6% per month. The rate for loans from $1800 to $180,000 is 6% paid monthly. Loans of $1799 and less are 4% per month.
