When it comes to managing personal finances, consumers are seemingly taking one step forward and three steps back. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to...
Brazil is seeing such huge lending interest rates—bank loans hitting 100 percent interest while credit cards charge more than 240 percent annually—that an unusual player is emerging as a preferred option: pawnshops, which are charging about 19 percent. Get the Full Story Complete the form...
November 27, 2020
At a time when the coronavirus has caused a spike in unemployment and crippled countless small businesses, the pawnbroking industry has found itself in a perfect storm of sorts, which has fueled a surge in demand for loans as well as an appetite for secondhand merchandise. Get the Full Story Complete the form to unlock […]
December 04, 2014
Brazil is seeing such huge lending interest rates—bank loans hitting 100 percent interest while credit cards charge more than 240 percent annually—that an unusual player is emerging as a preferred option: pawnshops, which are charging about 19 percent. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to […]