If you've passed through Logan Circle during the day recently, you might have noticed that Sam's Pawnbrokers at 1508 14th St. NW has been shuttered most of the time, and there's a big FOR SALE sign on the building. Well, broker Wayne Dickson tells me it's under contract, and that the pawn shop will be [...]
Posts Tagged ‘pawn shops’
Nearly two years after neighbors heard about Famous Pawn's plan to open a store at 7201 Georgia Avenue–and after council legislation, a lawsuit, and with an appeal pending before the Office of Administrative Hearings–a new pawn shop has opened for business.
Inside, the shop is spotless–manager Scott Coleman was polishing glass cases when I entered, and [...]
Nicholas Majett, the newly-appointed director of the Department of Consumer and Regulatory Affairs, is pretty much a D.C. government lifer: Before coming to DCRA in 2006 as deputy director for inspections and compliance, he spent 19 years in the Attorney General’s office, litigating cases on the District’s behalf. Last week, Majett sat down with Housing [...]
It's been more than half a year since community members launched their crusade against a proposed pawn shop on the corner of Georgia Avenue and Fern Street NW, which resulted in a minor overhaul of money lending regulations and granted ANCs "great weight" in deciding whether or not a pawn shop gets licensed.
Well, turns out [...]
Advisory Neighborhood Commission 4B, which has been fighting a new pawn shop seeking to locate at 7301 Georgia Avenue all year, finally used its legislatively-granted great weight last night to squash Famous Pawn’s ambitions once and for all.
First Cash Financial’s president Rick Wessel tried his best to counter the audience’s overwhelming animosity towards his new [...]
At 10:00 a.m. tomorrow morning, the City Council's Committee on Public Services and Consumer Affairs will hear testimony on an idea that could radically change the landscape for high-interest lending in the District: A bill that would cap the allowable interest rate for pawn shops at 24 percent, among the lowest rates in the country.