Arizona: Pawnbrokers Can Charge Higher Interest, Effective Today – Signed by Gov. Jan Brewer

As of today, pawnbrokers can charge 8 percent interest for the first two months and 6 percent a month beyond that. “The new law changes that to an initial rate of 13 percent, dropping to 11 percent after the second month. But the law requires a pawnbroker to...

How Good is the Economic Recovery?

The front page of today’s Investors Business Daily newspaper has some interesting facts about our recovery which will have one ask “recovery? Really?”.  The graphic display nicely spells out the nasty undercurrents. Real Median income (Purple line)  is 3% LESS than it...