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	<title>Payday Pundit &#187; Pawnshops</title>
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	<link>http://paydaypundit.org</link>
	<description>News and Information About The Payday Lending Industry</description>
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		<title>Pawning a $4,000 Rolex</title>
		<link>http://paydaypundit.org/2009/02/11/pawning-a-4000-rolex/</link>
		<comments>http://paydaypundit.org/2009/02/11/pawning-a-4000-rolex/#comments</comments>
		<pubDate>Wed, 11 Feb 2009 13:41:27 +0000</pubDate>
		<dc:creator>Payday Pundit</dc:creator>
				<category><![CDATA[alternatives]]></category>
		<category><![CDATA[industry]]></category>
		<category><![CDATA[personal finance]]></category>
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		<category><![CDATA[Pawnshops]]></category>

		<guid isPermaLink="false">http://paydaypundit.org/?p=2473</guid>
		<description><![CDATA[The Payday Pundit obviously has great sympathy for consumers who need short-term credit.  I&#8217;m particularly moved by a guy in this story who is pawning his grandmother&#8217;s jewelry, family heirlooms.   But how does someone have a $4,000 Rolex but no money in the bank?   Doesn&#8217;t make sense.
]]></description>
			<content:encoded><![CDATA[<p>The Payday Pundit obviously has great sympathy for consumers who need short-term credit.  I&#8217;m particularly moved by a guy in t<a href="http://www.thedenverchannel.com/news/18686813/detail.html" target="_blank">his story </a>who is pawning his grandmother&#8217;s jewelry, family heirlooms.   But how does someone have a $4,000 Rolex but no money in the bank?   Doesn&#8217;t make sense.</p>
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		<slash:comments>2</slash:comments>
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		<item>
		<title>That&#8217;s not saying much</title>
		<link>http://paydaypundit.org/2008/11/13/thats-not-saying-much/</link>
		<comments>http://paydaypundit.org/2008/11/13/thats-not-saying-much/#comments</comments>
		<pubDate>Thu, 13 Nov 2008 15:16:20 +0000</pubDate>
		<dc:creator>Payday Pundit</dc:creator>
				<category><![CDATA[Chicago Tribune]]></category>
		<category><![CDATA[alternatives]]></category>
		<category><![CDATA[industry]]></category>
		<category><![CDATA[personal finance]]></category>
		<category><![CDATA[Pawnshops]]></category>

		<guid isPermaLink="false">http://paydaypundit.org/?p=1923</guid>
		<description><![CDATA[&#8220;We know more about what&#8217;s going on with the economy than the Federal Reserve Bank,&#8221; said David Schoeneman {pawnshop owner}, who first noticed traffic inching upward at his Chicago Heights store about nine months ago. Gas prices have dipped recently, but any relief has been counteracted by new job woes, he said.
The whole story is [...]]]></description>
			<content:encoded><![CDATA[<blockquote><p>&#8220;We know more about what&#8217;s going on with the economy than the <a id="ORGOV000035" class="taxInlineTagLink" title="Federal Reserve" href="/topic/economy-business-finance/economy/economic-policy/federal-reserve-ORGOV000035.topic">Federal Reserve Bank</a>,&#8221; said David Schoeneman {pawnshop owner}, who first noticed traffic inching upward at his Chicago Heights store about nine months ago. Gas prices have dipped recently, but any relief has been counteracted by new job woes, he said.</p></blockquote>
<p><a href="http://www.chicagotribune.com/news/local/chi-pawn_13nov13,0,5234828.story" target="_blank">The whole story </a>is worth a read.</p>
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