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 Phenix City, AL
3 pawn shops in and around Phenix City — 4.8 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. Phenix City ranks #9 of 15 Alabama cities with pawn shops by shops per resident.
- Pawn shops
- 3
- Pawn shops per 100k
- 4.8
- Alabama: 4.6
- Big-chain shops
- 0
- Payday & loan stores
- 7
- Population
- 63,100
Pawn shops in Phenix City: addresses and phone numbers
| Pawn shop | Address | Phone | Website |
|---|---|---|---|
| Money Mizer Pawns & Jewelers | 1029 E 280 Byp Phenix City, AL 36867 | (334) 448-3120 | moneymizerpawn.com |
| Pawn Confidential | 1029 Highway 280 Byp Phenix City, AL 36867 | (855) 214-7296 | — |
| Pawn Headquarters | 1218 Highway 280 Byp Phenix City, AL 36867 | (334) 384-0386 | pawnhq2.com |
Pawn shops vs payday loan stores in Phenix City
Phenix City has 7 payday, installment and title loan stores but only 3 pawn shops.
Pawn shops
3
4.8 per 100k residents
Payday & loan stores
7
11.1 per 100k residents
6 store chains
Biggest loan store chains in Phenix City: TitleMax (2), Advance America (1), Check 'n Go (1), Check Into Cash (1), OneMain 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 Phenix City
- 3.8%
- Pawn cost, share of monthly household income in Phenix City
- 2.2%
- 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% |
Phenix City at a glance
- Median household income
- $55,119
- Alabama: $65,640
- Poverty rate
- 20.8%
- Alabama: 15.8%
- Households under $25,000
- 24.9%
- Alabama: 20.3%
- A $400 emergency equals
- 2.6 days of income
Payday and installment loan stores in Phenix City
For comparison: storefront payday, installment and title lenders in Phenix City with addresses, phone numbers and hours.
| Address | Phone | Hours | Google rating |
|---|---|---|---|
| 1155 US-280 Phenix City, AL 36867 | (334) 297-0606 | — | 5.0 |
| 1709 Crawford Rd Phenix City, AL 36867 | (334) 732-0500 | — | 5.0 |
| 1105 East 280 Bypass Phenix City, AL 36867 | (334) 297-0228 | Mon–Fri 8:30 AM – 5:30 PM Sat–Sun closed |
— |
| 3753 US-431 Ste F Phenix City, AL 36867 | (334) 480-9060 | — | 5.0 |
| 1118 E 280 Byp Suite D Phenix City, AL 36867 | (334) 297-3453 | — | 4.8 |
| 2034 E 280 Byp Phenix City, AL 36867 | (334) 291-3077 | — | 4.1 |
| 3304 US-80 Ste A Phenix City, AL 36870 | (334) 297-5193 | — | 4.8 |
Pawn shops near Phenix City
More about Phenix City
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.