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 Fort Smith, AR
15 pawn shops in and around Fort Smith — 16.0 per 100,000 residents, compared with 7.4 across Arkansas. Call ahead to ask what they're buying and lending on today: inventory needs change weekly. Fort Smith ranks #1 of 11 Arkansas cities with pawn shops by shops per resident.
- Pawn shops
- 15
- Pawn shops per 100k
- 16.0
- Arkansas: 7.4
- Big-chain shops
- 0
- Payday & loan stores
- 0
- Population
- 94,001
Pawn shops in Fort Smith: addresses and phone numbers
| Pawn shop | Address | Phone | Website |
|---|---|---|---|
| 1st Choice Pawn | 4011 Towson Ave Fort Smith, AR 72901 | (479) 646-4444 | — |
| Andy's Pawn & Gun Shop | 2113 Dodson Ave Fort Smith, AR 72901 | (479) 783-3658 | andyspawnshop.com |
| Cooper's Coin and Pawn Shop | 7100 Highway 271 S Fort Smith, AR 72908 | (479) 646-4001 | cooperspawnshop.com |
| Greer's Coin and Pawn Shop | 5703 Jenny Lind Rd Fort Smith, AR 72908 | (479) 646-7296 | — |
| Midland Pawn & Jewelry | 2211 Midland Blvd Fort Smith, AR 72904 | (479) 785-4898 | pawnrivervalley.com |
| Pawn Stars Of Fort Smith LLC. | 5100 Towson Ave Fort Smith, AR 72901 | (479) 646-0288 | linktr.ee |
| Randy's Pawn Shop | 3200 Towson Ave Fort Smith, AR 72901 | (479) 434-4303 | randyspawn.com |
| Southern Trading & Pawn | 4621 Towson Ave Fort Smith, AR 72901 | (479) 434-4830 | southerntradingandpawn.com |
| Superior Pawn & Jewelry | 2923 S Zero St Fort Smith, AR 72901 | (479) 646-4653 | superiorfortsmith.com |
| Tim's pawn and jewelry | 5520 Midland Blvd Fort Smith, AR 72904 | (479) 709-9406 | mistyknollfarms.com |
| Towson Avenue Pawn | 600 Towson Ave Fort Smith, AR 72901 | (479) 785-5626 | towsonpawn.com |
| Towson Gold Silver and Pawn | 5324 Towson Ave Fort Smith, AR 72901 | (479) 434-5722 | — |
| Towson Pawn Too | 4803 Towson Ave Fort Smith, AR 72901 | (479) 649-7296 | fortsmithpawn.com |
| Treasure Island Pawn And Gun | 1700 Towson Ave Fort Smith, AR 72901 | (479) 434-3880 | treasureislandpawnandgun.com |
| Twin City Auto Pawn & Loan Company | 3616 Midland Blvd Fort Smith, AR 72904 | (479) 783-7296 | twincityautopawn.com |
Pawn shops vs payday loan stores in Fort Smith
Fort Smith has 15 pawn shops, and we found no storefront payday loan chains.
Pawn shops
15
16.0 per 100k residents
Payday & loan stores
0
Borrowing $500 for one month: payday vs pawn vs credit union
| Option | How it works | Cost for one month |
|---|---|---|
| Payday loan (not legal in Arkansas) | $75.00 fee every 2 weeks, renewed once | $150.00 |
| 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 Fort Smith
- 3.2%
- Pawn cost, share of monthly household income in Fort Smith
- 2.1%
- A $400 emergency equals
- 2.6 days of income
Payday: a typical fee of $75 on a $500 loan for 2 weeks, paid twice for a one-month loan (Arkansas payday rules are not set in dollars or payday loans are not allowed). Pawn: an example rate of 20% a month; pawn fees and interest are set by Arkansas 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.
Pawn loan vs payday loan: the key differences
| Pawn loan | Payday loan in AR | |
|---|---|---|
| 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 Arkansas | Pawnbrokers are licensed and regulated by Arkansas; fees, terms and holding periods are set by state law | Storefront payday loans are not allowed in Arkansas |
Fort Smith at a glance
- Median household income
- $56,234
- Arkansas: $61,012
- Poverty rate
- 17.9%
- Arkansas: 16.2%
- Households under $25,000
- 20.8%
- Arkansas: 20.6%
- A $400 emergency equals
- 2.6 days of income
Pawn shops near Fort Smith
More about Fort Smith
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.