Suffolk Jewelers & Pawnbrokers has anchored Boston’s historic South End district since its opening in the early 20th century. It is the oldest pawnshop in Boston and the largest store of its kind in New England. The store’s experienced personnel have processed countless gold transactions, and understand the value and nature of gold items. If […]
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Bank lending rates are at their lowest since the Great Depression, according to Standard & Poor’s, a leading financial services firm. This leaves consumers turning more and more to pawn shops to meet their credit needs. It is extremely difficult in the current economic environment to get small business loans and personal loans from large […]
1. The average collateral loan amount nationwide is $100, according to the National Pawnbrokers Association. This shows that collateral loaning is often used to help consumers obtain a small source of funding. Pawn shop customers tend to borrow only what they need, and often use the funds as a safety net in the case of […]
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 […]
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This article ‘Floating on Golden Pawn” was published in the Boston Herald on August 13, 2011. The article was written by Thomas Grillo. A gold rush has hit the Hub as stock market uncertainty has driven the precious metal to record highs and local pawn shops are seeing steady traffic and paying out higher prices. […]