Pawning Redefined

Pawning the Family Heirloom with Security

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By Marta Majstorovic

You’re strapped for cash and don’t know what to do. Sure, Grandma’s diamond pendant is sitting in your jewelry box, but you can’t pawn that for extra cash. Or can you?

For many millennials, the thought of pawning a family heirloom is scary. What if the heirloom is lost or stolen from the pawn shop?

Channel 11  recently did a story on a New Yorker who pawned his jewelry, but when he returned to the pawn shop months later, it had closed down.

This is why it’s so important to work with an established and reputable pawn shop.

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Preparing for a Stock Market Correction – How to Buy Gold

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By: Julia Martyn

October 19th, 1987, commonly known as Black Monday, was the day the Dow Jones industrial average dropped a staggering 22 percent. Its 30th birthday recently passed, reminding everyone of the past hysteria, as well as planting a seed of anxiety in the minds of every investor.

A stock market crash is not very common. In fact, the last one in the United States was in 2008. While no one can predict the market, stock analysts say a correction could happen in the next year.

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Looking for an Online Pawn Shop? Tips and Red Flags

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By Julia Martyn

Living in 2017 might make you wonder, are humans really getting lazier or is every industry pushing us to seek convenience? From ordering groceries online, to buying train tickets on our phones, it’s hard to keep up with every industry going digital.

The pawning industry is no different. Although an in-person pawning experience might be the preferred method right now, the rise of online pawnshops is looming over us.

The Provident Loan Society wants its customers to know everything about this online pawning experience before jumping into it.

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The Only Not-For-Profit Loan Lender in the Country

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By Julia Martyn 

There are thousands of pawnshops throughout the country, but only one is not-for-profit. The Provident Loan Society has five locations throughout New York City and proudly operates as a pawnshop with a conscience.

Provident Loan Society was founded in 1894, making the organization a staggering 123 years old. We think the Provident Loan Society looks great for its age.

 

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Provident Loan Society: History of Being a Consumer Watchdog

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By Julia Martyn

The Provident Loan Society has always put the customer first, going back to their first customer in 1894.

The Provident Loan Society has an interesting history, from its birth amidst the financial panic of 1893, all the way up to its current five location expansion. A lot has changed throughout their 150 years, but one thing has remained the same: the Provident Loan Society has never strayed from being the consumer watchdog over New York.

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