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With banks reluctant to loosen purse strings and credit-card companies aggressively slashing credit lines, a growing number of consumers are turning to the once murky world of pawnshops for quick cash. "Loans are up 20% to 25%," estimates David Crume, president of the National Pawnbrokers Association...

Author: /time Magazine | Title: Pawnshops Flourish in Hard Times, Drawing Scrutiny | 1/14/2010 | See Source »

...boosts business for pawnshops, but so too does the high price of gold. The precious metal's price is up to more than $1,200 an ounce, vs. about $860 in January 2009. Suddenly, dusting off that old flame's gold necklace is an easy way to score a quick loan. "With the price of gold moving higher, it allows individuals to get a bigger loan, and that has been a stimulus to driving increased pawn lending," says Joshua Elving, a senior analyst at Feltl...

Author: /time Magazine | Title: Pawnshops Flourish in Hard Times, Drawing Scrutiny | 1/14/2010 | See Source »

...digit code into your cell phone, along with a single word in the body of the text, such as "Haiti." You don't even need to plug in your credit-card info - the donation amount is simply added to your next phone bill. It's all so quick and convenient, you can give in the moment. There's no chance of you forgetting to do it later. (See pictures of the Haiti quake's aftermath...

Author: /time Magazine | Title: Donating by Text: Haiti Fundraising Goes Viral | 1/13/2010 | See Source »

...quick and dirty about what's been going on around the Ancient Eight (and some other schools...

Author: By James K. Mcauley, CRIMSON STAFF WRITER | Title: Around the Ivies Plus | 1/13/2010 | See Source »

...Chevy Beat in New Delhi last week, the company "Indianized it," says Karl Slym, president and managing director of General Motors India. That meant toughening the car's suspension to deal with erratic road conditions. It also meant accommodating a slightly different driving style. "People like to drive away quick [from traffic lights]," says Slym. "They don't like anyone to get in front of them so your transmission has to allow you to move away from the lights quickly, but also has to allow you to drive in traffic in second gear." (See GM's great hopes...

Author: /time Magazine | Title: Foreign Luxury Cars: Picking Up Speed in India | 1/12/2010 | See Source »

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