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 Tuscaloosa, AL
3 pawn shops in and around Tuscaloosa — 2.3 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. Tuscaloosa ranks #15 of 15 Alabama cities with pawn shops by shops per resident.
- Pawn shops
- 3
- Pawn shops per 100k
- 2.3
- Alabama: 4.6
- Big-chain shops
- 1
- Payday & loan stores
- 9
- Population
- 133,062
Pawn shops in Tuscaloosa: addresses and phone numbers
| Pawn shop | Address | Phone | Website |
|---|---|---|---|
| EZPAWNChain | 3728 McFarland Blvd E Tuscaloosa, AL 35405 | (205) 556-5555 | ezpawn.com |
| Quik Pawn Shop | 622 15th St Tuscaloosa, AL 35401 | (205) 752-0244 | quikpawnshop.com |
| Wade's Jewelry & Pawn | 3525 Mcfarland Blvd E # 2419 Tuscaloosa, AL 35405 | (205) 462-9233 | wadespawnshop.com |
Pawn shops vs payday loan stores in Tuscaloosa
Tuscaloosa has 9 payday, installment and title loan stores but only 3 pawn shops.
Pawn shops
3
2.3 per 100k residents
Payday & loan stores
9
6.8 per 100k residents
8 store chains
Biggest loan store chains in Tuscaloosa: TitleMax (2), 1st Franklin Financial (1), Advance America (1), Check Into Cash (1), Lendmark Financial Services (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 Tuscaloosa
- 3.7%
- Pawn cost, share of monthly household income in Tuscaloosa
- 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% |
Tuscaloosa at a glance
- Median household income
- $56,951
- Alabama: $65,640
- Poverty rate
- 22.6%
- Alabama: 15.8%
- Households under $25,000
- 26.6%
- Alabama: 20.3%
- A $400 emergency equals
- 2.6 days of income
Payday and installment loan stores in Tuscaloosa
For comparison: storefront payday, installment and title lenders in Tuscaloosa with addresses, phone numbers and hours.
| Address | Phone | Hours | Google rating |
|---|---|---|---|
| 720 Skyland E Blvd Tuscaloosa, AL 35405 | (205) 553-3470 | — | 5.0 |
| 92 15th St Tuscaloosa, AL 35401 | (205) 752-1552 | — | 5.0 |
| 1911 Skyland E Blvd Suite B3 Tuscaloosa, AL 35405 | (205) 556-8141 | — | 4.6 |
| 1480 Skyland Blvd. E. Tuscaloosa, AL 35405 | (205) 752-2074 | Mon–Fri 8:30 AM – 5:30 PM Sat–Sun closed |
— |
| 3615 McFarland Blvd E Tuscaloosa, AL 35405 | (205) 633-4151 | — | 4.3 |
| 2600 McFarland Blvd E Suite K-2 Tuscaloosa, AL 35404 | (205) 632-0330 | — | 4.4 |
| 1105 Southview Ln Ste. 113 Tuscaloosa, AL 35405 | (205) 650-1624 | — | 4.8 |
| 1911 Skyland E Blvd B6 Tuscaloosa, AL 35405 | (205) 556-2211 | — | 3.8 |
| 501 15th St E D Tuscaloosa, AL 35401 | (205) 344-9227 | — | 4.9 |
Pawn shops near Tuscaloosa
More about Tuscaloosa
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.