Consumers, Flush With Stimulus Money, Shun Credit-Card Debt

Rather than rising as expected when unemployment soared amid coronavirus lockdowns, credit-card debt in the U.S. and other advanced economies has dropped. From Wall Street Journal: When unemployment soared this spring at the start of coronavirus lockdowns, credit-card debt and delinquencies were widely…

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IRS Statement — Update on Economic Impact Payments

From IRS.gov: IRS and Treasury continue to work closely with our partners in the tax and financial industry to do everything possible to get the second round of Economic Impact Payments to the American people as quickly as possible. At this point, over…

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Wilson’s World: Arts+ Receives Major Instrument Donation from National Pawn

From WCCB News: Inspired by his childhood in Durham and his time in the marching band, Bob Moulton’s company National Pawn has donated more than 4,000 instruments to children and nonprofits across the state.  Find out more about National Pawn, their locations and their work…

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Knick-knacks and 2020 memories: Inside the walls of Las Vegas’ iconic pawn shops

From News3LV: From January to February. And March, when COVID-19 seemed to rock the world overnight. But as Michael Mack, owner of luxury-specialized Max’s Pawn says sometimes it’s not about what on the shelves that tells the bigger story. “When the pandemic hit,…

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Fayetteville pawn shop continues tradition of donating toys to children in hospital, despite pandemic

FAYETTEVILLE, N.C. (WNCN) — Parker Pawn and Jewelry continued the annual tradition of donating toys for children in the hospital. This year’s event happened at the pawn shop rather than Cape Fear Valley Medical Center due to COVID-19 restrictions. The Cape Fear Valley Hospital…

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From Vox: It’s easy to assume pawnshops are doing great in the pandemic. It’s also wrong.

Pawnshops are a longtime fixture in the capitalist economy — one pawnbroker told me pawning is the second-oldest industry in the world. (He asked me if I knew what the oldest was; I assured him I did.) But they remain relatively misunderstood…

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RUNNING A PAWN SHOP CAN BE A UNIQUE EXPERIENCE

From TheIndependent.com: Upon entering Texas Pawn & Jewelry at its new location on SH 29 in Liberty Hill, visitors are immediately greeted by a friendly face, while the brilliant sunlight – which is allowed to filter through the large bay windows adorning…

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Pawn shops in Las Vegas Valley busy with people needing cash

LAS VEGAS (FOX5) -- As tens of thousands of Nevadans wait for unemployment claims to be processed by the state, plenty of people are turning to pawn shops to get quick cash.  Pawn shops were deemed essential institutions by Gov. Steve Sisolak in…

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