Pawning Redefined

Sometimes You Don’t Want To Be in the Zone

by
Director of Learning and Development

“I’m looking forward to making a fool of myself!”

I often hear this from people who take my improv class for the first time. It comes from our natural tendency to feel foolish when we find ourselves in unknown territory— for example, being on stage with other actors to perform a scene and neither of us knows what the other is going to do or say, and there’s an audience watching. This scenario, one that improvisors put themselves in time and time again, seems to be such a recipe for failure that a lot of people would consider making a fool of themselves the least of their concerns.

(more…)

No Comments



Why Are Millennials Turning to Payday Loans and Pawnshops?

by

 

Pawnshops and payday loans are becoming popular sources of fast cash for millennials who need instant help to pay their debts, according to a study by the Global Financial Literacy Excellence Center.

Their research found that 42 percent of millennials have used alternative financial services as sources for short-term loans. Roughly 28 percent of college-educated millennials from ages 23–35 have also chosen short-term financing from pawnshops in the last five years.

(more…)

No Comments



Provident Loan Society of New York Giving Away Free Back to School Packets at Every NYC Branch

by

The not-for-profit lending organization, Provident Loan Society of New York, is giving away back-to-school supplies at every NYC loan office throughout the month of September.

Back-to-school time can add some serious expenses to the monthly family budget. A survey from Deloitte found that households throughout New York spend an average of $513 on back-to-school supplies like pens and notebooks.

“We know many families in our community face financial challenges when it comes to getting school supplies for their children,” said Isaac Rodriguez, CEO of Provident Loan Society. “We see it in our loan offices – parents asking if they can have extra pens or calculators to give to their kids for school. We’re all in this together. This is one of the ways we can help our community.”

Parents don’t need to be a customer to get a free back-to-school packet. They simply can walk into any Provident Loan Society branch, sign up for their mailing list and ask for a free back-to-school packet.

Provident Loan Society has loan offices in the Bronx, Brooklyn, Queens and Manhattan. School supplies include a calculator, pen, pencil, eraser, ruler and pencil case.

As one of the country’s oldest lending institutions and only not-for-profit pawn shop, Provident Loan Society of New York has focused its mission on providing financial help to New Yorkers since 1894.

“Provident Loan Society wants to give back in a way that is helpful for all. It’s in the fabric of our DNA,” said Rodriguez. “In October, we will be sponsoring a Halloween street festival in the Bronx, that gives away healthy snack alternatives. During Fleet Week, we gave away shirts and bags to members of the military.”

Parents who want to learn more can click here to go to our events page.

About Provident Loan Society of New York

Founded in 1894, Provident Loan Society of New York offers quick loans of up to $100,000 collateralized by your gold and diamond jewelry, fine watches, and silverware. Their interest rates are comparable to credit cards, and as a non-profit they’re about half the cost of a commercial pawnshop.

Parents can get their free back-to-school packets at any Provident Loan Society location, between 9am-4pm Monday-Friday, while supplies last.

 

No Comments



PSA: Low Cost Probably Means High Interest

by

By Julia Martyn

With almost 40 locations in NYC alone, Rent-A-Center seems to be one of the most prominent rent-to-own businesses in the state. Anyone, regardless of credit history, can lease furniture, household appliances, and electronics from this store and make payments through a weekly “pay as you go” plan.

This rental process is advertised as a beacon of hope for those in a financial bind, but all that glitters is not gold.

(more…)

No Comments



Do You Follow Provident Loan Society on YouTube?

by

By Julia Martyn

You may have seen their commercials on TV or YouTube, but the two hardworking men at Provident Loan Society are more than just witty comedians.

They aren’t paid pitchmen. They are actually the chief executive officer and chief marketing officer at Provident Loan Society.

Isaac Rodriguez, CEO, and Scott Watson, CMO, write, star in, and produce every Provident Loan Society commercial you see on TV or YouTube.

 

Who Are the Men You See on TV?

(more…)

No Comments



Older Entries
Show Buttons
Hide Buttons