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Pawn Shops vs Payday Loans in Montgomery, AL
12 pawn shops in and around Montgomery — 5.8 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. Montgomery ranks #5 of 15 Alabama cities with pawn shops by shops per resident.
- Pawn shops
- 12
- Pawn shops per 100k
- 5.8
- Alabama: 4.6
- Big-chain shops
- 2
- Payday & loan stores
- 17
- Population
- 205,921
Pawn shops in Montgomery: addresses and phone numbers
| Pawn shop | Address | Phone | Website |
|---|---|---|---|
| Best Pawn | 4448 Wetumpka Hwy Montgomery, AL 36110 | (334) 244-1919 | instagram.com |
| Capital Pawn Shop | 4359 Troy Hwy Montgomery, AL 36116 | (334) 288-2225 | capitalpawn.shop |
| Cash America PawnChain | 425 W Fairview Ave Montgomery, AL 36105 | (334) 264-5611 | firstcash.com |
| City Pawn Shop | 4501 Atlanta Hwy Montgomery, AL 36109 | (334) 263-6123 | shop.citypawnmontgomery.com |
| Money Mizer Pawns and Jewelers | 644 N Eastern Blvd Montgomery, AL 36117 | (334) 513-7183 | pawnmate.net |
| Quik Pawn Shop | 1150 Ann St Montgomery, AL 36107 | (334) 269-3038 | quikpawnshop.com |
| Quik Pawn Shop | 201 N Burbank Dr Montgomery, AL 36117 | (334) 271-4240 | quikpawnshop.com |
| Quik Pawn Shop | 2591 Madison Ave Montgomery, AL 36107 | (334) 264-9961 | quikpawnshop.com |
| Quik Pawn Shop | 4204 Norman Bridge Rd Montgomery, AL 36105 | (334) 281-3615 | firstcash.com |
| Quik Pawn Shop | 855 Maxwell Blvd Montgomery, AL 36104 | (334) 264-4013 | firstcash.com |
| SuperpawnChain | 140 N Burbank Dr Montgomery, AL 36117 | (334) 213-0026 | superpawnmontgomery.com |
| Title Bucks | 111 W Fairview Ave Montgomery, AL 36105 | (334) 551-0540 | — |
Pawn shops vs payday loan stores in Montgomery
Montgomery has 17 payday, installment and title loan stores but only 12 pawn shops.
Pawn shops
12
5.8 per 100k residents
Payday & loan stores
17
8.3 per 100k residents
11 store chains
Biggest loan store chains in Montgomery: TitleMax (4), Advance America (2), Always Money (2), OneMain Financial (2), 1st Franklin Financial (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 Montgomery
- 3.7%
- Pawn cost, share of monthly household income in Montgomery
- 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% |
Montgomery at a glance
- Median household income
- $56,642
- Alabama: $65,640
- Poverty rate
- 20.6%
- Alabama: 15.8%
- Households under $25,000
- 22.8%
- Alabama: 20.3%
- A $400 emergency equals
- 2.6 days of income
Payday and installment loan stores in Montgomery
For comparison: storefront payday, installment and title lenders in Montgomery with addresses, phone numbers and hours.
| Address | Phone | Hours | Google rating |
|---|---|---|---|
| 2453 E South Blvd Montgomery, AL 36116 | (334) 613-6211 | — | 5.0 |
| 3328 Atlanta Hwy Montgomery, AL 36109 | (334) 396-1906 | — | 5.0 |
| 5308 Atlanta Hwy Montgomery, AL 36109 | (334) 396-0610 | — | 4.9 |
| 542 W Fairview Ave Montgomery, AL 36105 | (334) 293-9060 | — | 5.0 |
| 3893 Eastern Blvd., Ste. 200 Montgomery, AL 36116 | (334) 272-4606 | Mon–Fri 8:30 AM – 5:30 PM Sat–Sun closed |
— |
| 3988 Atlanta Hwy. Montgomery, AL 36109 | (334) 832-9360 | Mon–Fri 8:30 AM – 5:30 PM Sat–Sun closed |
— |
| 3100 Atlanta Hwy Montgomery, AL 36109 | (334) 277-4002 | — | 4.2 |
| 447 N Eastern Blvd Montgomery, AL 36117 | (334) 272-0650 | — | 5.0 |
| 1621 Perry Hill Rd Montgomery, AL 36106 | (334) 244-5010 | — | 4.7 |
| 7802 Vaughn Rd Montgomery, AL 36116 | (334) 279-6011 | — | 4.8 |
| 6385 Atlanta Hwy Montgomery, AL 36117 | (334) 277-6225 | — | 4.8 |
| 2851 E South Blvd C Montgomery, AL 36116 | (334) 284-3720 | — | 4.9 |
| 6653 Atlanta Hwy Montgomery, AL 36117 | (334) 833-1360 | — | 4.3 |
| 7032 Atlanta Hwy Montgomery, AL 36117 | (334) 679-8760 | — | 4.8 |
| 6156 Atlanta Hwy Montgomery, AL 36117 | (334) 277-4670 | — | 4.9 |
| 932 Ann St Montgomery, AL 36107 | (334) 262-1092 | — | 4.7 |
| 7051 Fain Park Dr Ste 124 Montgomery, AL 36117 | (334) 568-0837 | — | 3.7 |
Pawn shops near Montgomery
More about Montgomery
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.