Monthly Archives: March 2012

The U.S. Economy Grew By 3 Percent in the Last Quarter of 2011. Contribute to Further Economic Growth by Shopping at Suffolk Jewelers & Pawnbrokers.

The U.S. economy grew by 3 percent in the last quarter of 2011, which was the strongest growth in a year and a half. The economy experienced a 1.8 percent gain in the prior quarter, according to the Commerce Department, who reported the numbers March 29. Federal Reserve Chair Ben Bernanke said he expects U.S. […]

U.S. Student Loan Debt Surpasses $1 Trillion, Collateral Loans Seen as Solution in Era of Tough Credit

The total outstanding student loan debt in the United States has surpassed $1 trillion, the Consumer Financial Protection Bureau said. The number was much larger than estimated in numerous other studies, Rohit Chophra, CFPB’s student loan ombudsman, said March 21. The staggering number came from the bureau’s first major study of the private student loan […]

What is a Collateral Loan?

A collateral loan is a loan secured against something you own, and it never affects your credit. Collateral loans are becoming more popular in an era of slow economic rebound and little available credit. One of the reasons collateral loans are popular is there is less risk in obtaining a collateral loan than other types […]

St. Patrick’s Day Myths Explained. And Why You Should Sell Your Gold at Suffolk Pawn.

The historical figure surrounding St. Patrick’s Day, St. Patrick of Ireland, was actually born in Britain around A.D. 390. At the age of 16, he was kidnapped and sent overseas to work in Ireland, according to Phillip Freeman, a classics professor at Luther College and the author of St. Patrick of Ireland: A Biography. As […]