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 Hot Springs National Park, AR
11 pawn shops in and around Hot Springs National Park — 14.4 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. Hot Springs National Park ranks #2 of 11 Arkansas cities with pawn shops by shops per resident.
- Pawn shops
- 11
- Pawn shops per 100k
- 14.4
- Arkansas: 7.4
- Big-chain shops
- 1
- Payday & loan stores
- 0
- Population
- 76,572
Pawn shops in Hot Springs National Park: addresses and phone numbers
| Pawn shop | Address | Phone | Website |
|---|---|---|---|
| 270 Pawn Shop | 4430 Albert Pike Rd Hot Springs, AR 71913 | (501) 767-2408 | 270pawn.com |
| Airport Pawn Hot Springs | 1006 Airport Rd Hot Springs, AR 71913 | (501) 767-8080 | ttb.gov |
| Ez Money Pawn Superstore | 5462 Central Ave Hot Springs National Park, AR 71913 | (501) 760-6666 | — |
| Integrity Pawn | 1910 Albert Pike Rd Hot Springs, AR 71913 | (501) 620-4233 | — |
| La Familia Pawn and JewelryChain | 2828 Central Avenue Hot Springs, AR 71901 | (501) 627-0833 | lafamiliapawn.com |
| Mason's Coin & Pawn | 531 W Grand Ave Hot Springs, AR 71901 | (501) 463-9636 | masonspawn.com |
| Pak Plaza Pawn Shop | 3601 Central Ave Hot Springs, AR 71913 | (501) 623-7561 | pakplazapawnandgun.com |
| Pattersons Pawn | 2038 Central Ave Hot Springs, AR 71901 | (501) 359-3987 | — |
| Quality Pawn Inc. | 314 Albert Pike Rd Hot Springs, AR 71913 | (501) 624-2634 | qualitypawninc.com |
| Racked Up Pawn & Gold | 117 Greenwood Ave Hot Springs, AR 71913 | (325) 261-7011 | — |
| Southern Trading & Pawn | 2216 Albert Pike Rd Hot Springs, AR 71913 | (501) 760-5555 | southerntradingpawn.com |
Pawn shops vs payday loan stores in Hot Springs National Park
Hot Springs National Park has 11 pawn shops, and we found no storefront payday loan chains.
Pawn shops
11
14.4 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 Hot Springs National Park
- 3.3%
- Pawn cost, share of monthly household income in Hot Springs National Park
- 2.2%
- A $400 emergency equals
- 2.7 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 |
Hot Springs National Park at a glance
- Median household income
- $54,219
- Arkansas: $61,012
- Poverty rate
- 18.1%
- Arkansas: 16.2%
- Households under $25,000
- 23.5%
- Arkansas: 20.6%
- A $400 emergency equals
- 2.7 days of income
Pawn shops near Hot Springs National Park
More about Hot Springs National Park
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.