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The wealthy are using pawn shops to finance their business ideas

The wealthy are using pawn shops to finance their business ideas

by PawnMaster | Mar 6, 2018 | Bank Loans, Banking, Finance

Wealthy people looking to fund new ventures are turning to their Rolexes and art collections as collateral for quick and easy loans from high-end pawn shops. Business owners say the trend points less to financial distress and more to customers eager to seize...
House Won’t Undo Debit Card Swipe Fee Reform, Retailers Rejoice

House Won’t Undo Debit Card Swipe Fee Reform, Retailers Rejoice

by PawnMaster | May 31, 2017 | Banking, Business News, credit card swipe fees, debit card swipe fees, In The News, News, Small Business

Republican leaders in the House of Representatives have abandoned a plan to repeal debit card swipe fee reform passed during the Obama administration. Retailers say the swipe fee reform has saved them and their customers more than $40 billion, and brought badly needed...
$40 BILLION AT STAKE AS CONGRESS TAKES UP SWIPE FEES

$40 BILLION AT STAKE AS CONGRESS TAKES UP SWIPE FEES

by PawnMaster | Apr 27, 2017 | Banking, Business News, EMV, In The News, News, Small Business

Retailers and big banks are lining up for the beginning of a showdown on Capitol Hill this week as the House holds a hearing on legislation that would repeal debit card swipe fee reform that has saved merchants and their customers more than $40 billion over the past...
Big Banks and the White House Are Teaming Up to Fleece Poor People

Big Banks and the White House Are Teaming Up to Fleece Poor People

by PawnMaster | Feb 26, 2016 | Banking

When Wall Street and its regulators talk about servicing the so-called “unbanked,” people who are generally disconnected from the banking sector, it often sounds like a mission to do God’s work — bank unto others as thou banketh for...
Florida one of three key markets for new Fifth Third product

Florida one of three key markets for new Fifth Third product

by PawnMaster | Feb 11, 2016 | Banking

Florida is one of three key markets in which Fifth Third Bank hopes to increase the number of consumers it serves, by focusing on the unbanked and...
Turning the Post Office Into A Bank

Turning the Post Office Into A Bank

by PawnMaster | Dec 11, 2015 | Banking

One hundred years ago, the post office also provided banking services, and some people believe it should start again to service the millions of Americans who do not use...
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