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Turns out, Pay day Loan Customers are Savvy Borrowers!
http://www.pymnts.com/news/2014/turns-out-that-payday-loan-customers-are-pretty-savvy-borrowers/#.VC2usfldVGw
Vote to End “Operation Choke Point”
National Rifle Association President James W. Porter II wrote a great column that outlines the DOJ's "Operation Choke Point" program. He includes some samples of letters banks have sent to some retailers who are targets of this program. This is a must read for anyone...
More Options for the Unbanked
Robocoin announced a new bitcoin wallet for consumers called Robocion Wallet. Robocoin CEO Jordan Kelley explained that the principal selling point unique to the new product is the ability for wallet users to instantly convert bitcoins to cash at its locations around...
eBay to Spin PayPal off into Separate, Independently Traded Company
After spending much of this year explaining why its two businesses are best left together, eBay's board of directors and CEO did a complete about-face Tuesday morning, announcing a plan under which its PayPal and eBay marketplace businesses will be split into...
Predicting the Price of Gold – All Guess Work?
I review a lot of articles daily about gold prices. Generally they all say the price of gold will continue to drop. Unless it doesn't. About half the articles talk about the gold drop, why it's dropping, and why it will continue to do so....
Judge Allows Police to Remove Guns from a Pawn Shop Owned by a man Accused of Assault and Threats
PORTSMOUTH, New Hampshire — Police were granted approval by Portsmouth Circuit Court Judge Sawako Gardner to remove all guns from a pawn shop owned by George Rinalducci. Rinalducci is accused of assaulting a woman and threatening police. The 70 year old Rinalducci...
Scenes from Atlantic City’s oldest pawn shop as casinos close down
Atlantic City has been affected by competition from casinos in neighboring states. Four casinos have closed this year so far. These closings have a ripple affect, touching all kinds of businesses in the area, including Wood's Loan Office pawnshop. Read John Luciew's...
Tobacco Dealers Feeling Choked By “Operation Choke Point”
It looks as if Operation Choke Point isn't going away anytime soon. Tobacco dealers seem to be the most recent target by the U.S. Justice Departments program to choke off the bank accounts of businesses it deems "high risk". It also appears the personal accounts of...
Square Credit Card Processor Bans Gun Sales
The Square Reader credit card processor has become a valuable small business tool and is in use by hundreds of different businesses. Taxis, contractors, photographers and even trade show exhibitors all enjoy the easy of use and portability Square offers. All you need...
ATF is Now Asking Gun Buyers To Disclose Race and Ethnicity
Changes to the forms required for firearms purchases asking questions about the buyer’s race and ethnicity have drawn strong reaction from gun dealers, privacy advocates and lawmakers....
Could Sliver Outperform Gold?
While both metals hit longtime lows on Thursday, some analysts believe the gold/silver ratio is out of whack. If so, silver could set to outperform gold in the near future. I know of a few pawn shops that love taking in silver and continue have great success with it....
Gold Prices Likely to Continue to Fall According to Goldman Sachs
Jeffrey Currie of Goldmans Sachns says the worst isn't over yet for gold after prices for the metal erased almost all of this year's gain. Gold fell to an eight-month low this week after the US Federal Reserve raised its outlook for interest rates, crimping demand for...
eBay Sellers Being Told They Must Accept Returns
Sellers are still struggling to come to terms with eBay's new returns policies and practices, and apparently eBay customer service is adding to the confusion. One reader says she is very concerned about what eBay Customer Service Reps are telling sellers about...
Smart Guns: Will New Jersey Soon Have to Sell Safer Guns?
The Daily Beast did a great article on some new "smart gun" technology. This technology prevents guns from being fired by anyone other than the owner. Naturally gun advocates are against this technology and for some pretty good reasons. The article brings up that in...
Hackers Offer 7 Mobile Phone Safety Tips
The growth of internet ready mobile devices has left security somewhat behind. Jose Pagliery of ABC17 offers 7 tips for protecting yourself from mobile hackers. Turn off your Wi-Fi Bluetooth when your're not using them Use tow-step authentication Use HTTPS on every...
Walmart Targets Unbanked
Earlier this week I did a post about businesses using mobile banking to gain access to the unbanked market. Walmart has announced they are entering the fray with a low cost mobile checking account called GoBank. GoBank has no minimum balance requirement and it's...
KALISPELL Montana Police Proposed City Ordinance requiring Pawn Shops to Submit Records Electronically
Kalispell police have been piloting a program using the Leads Online police reporting service and have had success with it. Now they are looking to make the use of this system mandatory for all pawn shops in their area. "We've recovered guns, we've recovered jewelry...
The “Biggest Loser” has a Big Loser! It’s Sponsor.
Editors Note: Marc Cohen's article touches directly on the articles we posted "15 Things You Should Avoid When Social Media Marketing" Since its first airing in 2004, "The Biggest Loser" a reality TV show featuring obese contestants who are challenged to change their...