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 El Monte, CA
3 pawn shops in and around El Monte — 3.5 per 100,000 residents, compared with 1.4 across California. Call ahead to ask what they're buying and lending on today: inventory needs change weekly. El Monte ranks #22 of 137 California cities with pawn shops by shops per resident.
- Pawn shops
- 3
- Pawn shops per 100k
- 3.5
- California: 1.4
- Big-chain shops
- 0
- Payday & loan stores
- 3
- Population
- 86,178
Pawn shops in El Monte: addresses and phone numbers
| Pawn shop | Address | Phone | Website |
|---|---|---|---|
| Alla Pawn Shop | 3014 Peck Rd El Monte, CA 91731 | (626) 448-4400 | a-pawnshop.com |
| Durfee Pawn Shop | 3027 Durfee Ave El Monte, CA 91732 | (626) 442-2460 | — |
| Valley Jewelry and Loan | 11841 Valley Blvd El Monte, CA 91732 | (626) 444-7296 | valleypawnshop.net |
Pawn shops vs payday loan stores in El Monte
El Monte has 3 pawn shops and 3 payday, installment and title loan stores.
Pawn shops
3
3.5 per 100k residents
Payday & loan stores
3
3.5 per 100k residents
3 store chains
Biggest loan store chains in El Monte: ACE Cash Express (1), Oportun (1), Speedy Cash (1).
Borrowing $300 for one month: payday vs pawn vs credit union
| Option | How it works | Cost for one month |
|---|---|---|
| Payday loan (~460% APR) | $45.00 fee every 2 weeks, renewed once | $90.00 |
| Pawn loan (example: 20% a month) | You leave an item worth more than the loan; repay to get it back | $60.00 |
| Credit union PAL (28% APR + $20 fee) | Repaid in installments; membership required | $27.00 |
- Payday cost, share of monthly household income in El Monte
- 1.7%
- Pawn cost, share of monthly household income in El Monte
- 1.1%
- A $400 emergency equals
- 2.2 days of income
Payday: the CA maximum — $45 on a $300 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 California 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 CA | |
|---|---|---|
| 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 California | Pawnbrokers are licensed and regulated by California; fees, terms and holding periods are set by state law | Allowed, up to $300; typical APR ~460% |
El Monte at a glance
- Median household income
- $65,121
- California: $102,369
- Poverty rate
- 17.3%
- California: 12.0%
- Households under $25,000
- 17.0%
- California: 12.7%
- A $400 emergency equals
- 2.2 days of income
Payday and installment loan stores in El Monte
For comparison: storefront payday, installment and title lenders in El Monte with addresses, phone numbers and hours.
| Address | Phone | Hours | Google rating |
|---|---|---|---|
| 11908 Valley Blvd El Monte, CA 91732 | (626) 448-3365 | — | 4.9 |
| 3838 Peck Rd El Monte, CA 91732 | (626) 773-8757 | — | 5.0 |
| 11000 Lower Azusa Rd El Monte, CA 91731 | (626) 448-2400 | — | 4.9 |
Pawn shops near El Monte
More about El Monte
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.