The Masters Tournament has kicked off. Tiger Woods opened the tournament on Thursday, April 5 with a solid even-par 72 in Round 1, his first official win in more than two years. Woods has won 14 professional major tournaments over the course of his career, including 4 Masters Tournaments. A few hours before the opening […]
Category Archives: News
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. […]
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 […]
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 […]
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 […]
Here are just a few reasons to shop local. According to the economic analysis firm Civics Economics, for every $100 spent at a locally-owned business, $68 returns to the community, while only $43 out of every $100 spent at big box retailers and global chains goes back to the community. The $68 filters back into […]
Are you a small business owner struggling to meet payroll or seeking a small business loan? The credit environment is tougher than ever, making it hard for many small business owners to meet payroll or obtain a small business loan. Banks are still not lending at the rates they did before the financial crisis hit, […]
Jewelry is one of the top ten marked up retail items, along with brand-name prescription drugs, designer clothing, and cosmetics. Retailers mark up jewelry from 100 to 1,000 percent. Because Suffolk Pawn does not go through the traditional wholesale to retail process, it can offer lower prices for authentic, designer jewelry. This is good news, […]
Boston’s leading pawnbroker for over 100 years, Suffolk Jewelers & Pawnbrokers, provides pawn loans to thousands of customers annually. In this tough economy, many Americans are finding it increasingly difficult to make ends meet. As lines of credit disappear, they are turning to pawn shops to secure collateral loans that other financial institutions simply don’t […]
Featured Press Coverage, News
USA Today: Need cash? Pawn shops edge into the mainstream – November 24, 2011
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On November 24, 2011, USA Today published an article by Candice Choi, Associated Press Personal Finance Writer regarding the pawn industry. She quoted Edward Bean from Suffolk Jewelers & Pawnbrokers in the article. Read the original article here, or below: Need cash? Pawn shops edge into the mainstream By CANDICE CHOI, AP Personal Finance Writer […]