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  • Short-term Lender Cap Could Cut off Last Resort of Many with Low Income
  • Buyers of Old Jewelry in a New Appeal to Women
  • Gold Slides to Two-week Low on Dollar Strength
  • People Flock to Pawnshops
  • South Carolina Governor Vetoes Payday Lending Industry Restrictions
  • Pawnshop Rebuilds After Gladstone, Mo., Tornado
  • Congressional Bill Could Put an End to Pawnshops
  • Alleged Jewelry Thief Used Real Name at Pawnshop


  • Short-term Lender Cap Could Cut off Last Resort of Many with Low Income

    Without a pawnshop and a gold onyx ring, Patrick Heinaman's grandmother might have missed her daughter's funeral. The short-term loan put the 412-mile trip to Port Lavaca, Texas, within reach. It was costly, but her only option. But Heinaman's grandmother and other low-income borrowers would have a harder time getting an emergency loan of that type if the legislation Congress is considering, which would cap interest rates on all consumer credit transactions, passes.