Booming business at pawnshops
ABC News


ABC News reports on how a growing number of Americans are heading to pawnshops for extra cash.More

Life sentence greeted with tears from families of South Carolina pawnshop owner, killer
The Greenville News
Roger Eugene Shephard was sentenced to life in prison without parole after being found guilty of murder in the shooting death of an Easley, S.C., pawnshop owner, a verdict that brought tears and embraces from family members of the victim and defendant who sat across the aisle from each other throughout the trial.More

Crunch hit rich turn to pawn
The Sun
The mega-rich are feeling the credit crunch pinch — pawning designer watches, super cars and even an aeroplane to survive the recession. Pawnbroker Paul Aitken of London, revealed he has been offered the amazing haul of goodies by hard-up bankers, premiership footie stars and desperate property developers. He has currently collected six Rolex watches, two Ferraris, a Porsche — and the aeroplane — after they were traded in for cash.More

Selling your gold? Payouts vary widely
Arizona Daily Star
dumper, that kind of growth has attracted both buyers and sellers — including many newcomers, local precious metals traders say. When it comes to turning your gold into cash, it's seller beware, with market prices varying sometimes significantly from day to day and prices varying widely between gold-buying outfits and local dealers.More

Newest rookie takes her seat on Roswell City Council in Georgia
Northfulton.com
The newest Roswell City, Ga., Councilwoman, Betty Price, took her seat this month, several weeks ahead of Nancy Diamond, the other first-timer elected the week before. Following the oath of office ceremony, the council got down the routine business. Price voted in concert with her peers until one of the last matters. The vote was for an ordinance restricting pawnshops from being within 5,000 feet of another one. Price said it seemed rather arbitrary to say no pawnshop could be within almost a mile of another one.More

Pawn moratorium changes coming next month in Canton, Miss.
Madison County Herald
Amendments to a controversial Canton, Miss., business moratorium that has caused widespread confusion are expected to come in December. Alderman Louis Smith, who serves on a four-alderman committee charged with recommending changes to the moratorium, said their recommendations likely will be ready for the mayor and board's first regular meeting in December. Changes are needed because the moratorium, adopted in October, erroneously implies pawnshops, check-cashing and advance check-cashing establishments, title for cash establishments, liquor stores and nail salons must close.More

Wyoming pawnshop president says business is booming
The Associated Press via KCNC-TV
Officials with a Cheyenne, Wyo., pawnshop say they're doing brisk business with families strapped for cash during the holiday season. Stewart Wolf, the president of Marv's Pawn Shop, says the 40-year-old shop has had more people coming in to buy and sell than ever before. He says people are coming in with gold, cars, guns and jewelry, and others are seeking loans.More

Bristol, Conn., pawnshops seek to regain licenses
The Bristol Press
Three pawnshops in Bristol, Conn., are still not licensed to pawn, but the city's police chief said some have met with him to discuss reinstating their licenses. EZ Money Pawn and CT Pawn, LLC had their licenses revoked in October, and G & G Pawnbrokers, Inc. had its license revoked in August. While they can remain in business making sales, they’re not allowed to pawn, which means they cannot take items as security for borrowing money.More