Compare legal limits, fees and the true cost of small loans in your state before you talk to any lender. Compare legal limits, fees and the true cost of small loans in your state.
Pawn Shops vs Payday Loans in Dothan, AL
7 pawn shops in and around Dothan — 8.1 per 100,000 residents, compared with 4.6 across Alabama. Call ahead to ask what they're buying and lending on today: inventory needs change weekly. Dothan ranks #1 of 15 Alabama cities with pawn shops by shops per resident.
- Pawn shops
- 7
- Pawn shops per 100k
- 8.1
- Alabama: 4.6
- Big-chain shops
- 3
- Payday & loan stores
- 13
- Population
- 86,607
Pawn shops in Dothan: addresses and phone numbers
| Pawn shop | Address | Phone | Website |
|---|---|---|---|
| Gold-N-Green Pawn | 1066 Montgomery Hwy Dothan, AL 36303 | — | — |
| Joe's Pawn - Title & Check | 1597 Montgomery Hwy #1 Dothan, AL 36303 | (334) 792-0069 | joespawn.net |
| Lending BearChain | 2207 Montgomery Hwy Dothan, AL 36303 | (334) 702-1600 | lendingbear.com |
| Money Mizer Pawn and Jewelry of Dothan, AL | 3075 S Oates St Dothan, AL 36301 | (334) 671-8899 | pawnmate.net |
| Pawn City of Dothan Inc | 1919 Montgomery Hwy Dothan, AL 36303 | (334) 794-9100 | dothan.com |
| SuperpawnChain | 2322 Ross Clark Cir Dothan, AL 36301 | (334) 793-2400 | superpawncenter.comcastbiz.net |
| SuperpawnChain | 2363 Montgomery Hwy #1 Dothan, AL 36303 | (334) 446-7220 | superpawncenter.net |
Pawn shops vs payday loan stores in Dothan
Dothan has 13 payday, installment and title loan stores but only 7 pawn shops.
Pawn shops
7
8.1 per 100k residents
Payday & loan stores
13
15.0 per 100k residents
9 store chains
Biggest loan store chains in Dothan: TitleMax (3), 1st Franklin Financial (2), OneMain Financial (2), Advance America (1), Check 'n Go (1).
Borrowing $500 for one month: payday vs pawn vs credit union
| Option | How it works | Cost for one month |
|---|---|---|
| Payday loan (~456% APR) | $87.50 fee every 2 weeks, renewed once | $175.00 |
| Pawn loan (example: 20% a month) | You leave an item worth more than the loan; repay to get it back | $100.00 |
| Credit union PAL (28% APR + $20 fee) | Repaid in installments; membership required | $31.67 |
- Payday cost, share of monthly household income in Dothan
- 3.7%
- Pawn cost, share of monthly household income in Dothan
- 2.1%
- A $400 emergency equals
- 2.6 days of income
Payday: the AL maximum — $87.50 on a $500 loan for 2 weeks, paid twice for a one-month loan. Pawn: an example rate of 20% a month; pawn fees and interest are set by Alabama law and vary by shop — ask for the total in writing. PAL: payday alternative loan from a federal credit union, capped at 28% APR plus an application fee of up to $20. Income: U.S. Census Bureau, American Community Survey.
Pawn loan vs payday loan: the key differences
| Pawn loan | Payday loan in AL | |
|---|---|---|
| What you need | An item of value (jewelry, gold, electronics, tools, firearms) and an ID | A bank account, proof of income and an ID |
| Credit check | None | Usually none |
| How much you get | A fraction of the item's resale value | Based on your income, up to the state limit |
| If you can't repay | The shop keeps the item; no collections and no credit damage | Fees pile up with renewals; the debt can go to collections |
| Bank account access | None | Lender can debit your account or cash your check |
| Rules in Alabama | Pawnbrokers are licensed and regulated by Alabama; fees, terms and holding periods are set by state law | Allowed, up to $500; typical APR ~456% |
Dothan at a glance
- Median household income
- $57,050
- Alabama: $65,640
- Poverty rate
- 19.1%
- Alabama: 15.8%
- Households under $25,000
- 22.5%
- Alabama: 20.3%
- A $400 emergency equals
- 2.6 days of income
Payday and installment loan stores in Dothan
For comparison: storefront payday, installment and title lenders in Dothan with addresses, phone numbers and hours.
| Address | Phone | Hours | Google rating |
|---|---|---|---|
| 1085 Ross Clark Cir #1 Dothan, AL 36303 | (334) 673-2220 | — | 4.9 |
| 3255 S Oates St #9 Dothan, AL 36301 | (334) 350-3014 | — | 5.0 |
| 3565 Montgomery Hwy Ste. 2 Dothan, AL 36303 | (334) 712-0920 | — | 5.0 |
| 2000 Ross Clark Cir Dothan, AL 36301 | (334) 794-1178 | — | 4.9 |
| 2155 E Main St Suite 4 Dothan, AL 36301 | (334) 792-2940 | — | 4.8 |
| 1604 Ross Clark Cir #105 Dothan, AL 36301 | (334) 794-2681 | — | 4.6 |
| 3525 Ross Clark Cir Ste 204 Dothan, AL 36303 | (334) 792-2163 | — | 4.7 |
| 3255 S. Oates, Ste. 1 Dothan, AL 36301 | (334) 702-9100 | Mon–Fri 8:30 AM – 5:30 PM Sat–Sun closed |
— |
| 3123 Ross Clark Cir Ste 6 Dothan, AL 36303 | (334) 370-9695 | — | 4.9 |
| 1209 Ross Clark Cir Ste 2 Dothan, AL 36301 | (334) 403-5513 | — | 4.3 |
| 4871 Montgomery Hwy Ste 10A Dothan, AL 36303 | (334) 803-8540 | — | 4.4 |
| 2969 Ross Clark Cir #2 Dothan, AL 36301 | (334) 231-3307 | — | 4.8 |
| 2643 Montgomery Hwy #3 Dothan, AL 36303 | (334) 792-2976 | — | 4.3 |
Pawn shops near Dothan
More about Dothan
Pawn shop listings: © Overture Maps Foundation (CDLA-Permissive 2.0), including Foursquare OS Places and © OpenStreetMap contributors; filtered and de-duplicated by us. Population, income and poverty: U.S. Census Bureau, American Community Survey. Call ahead to confirm hours and what a shop buys or lends on.