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Pawn Shops vs Payday Loans in San Pedro, CA
2 pawn shops in and around San Pedro — 2.3 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. San Pedro ranks #49 of 137 California cities with pawn shops by shops per resident.
- Pawn shops
- 2
- Pawn shops per 100k
- 2.3
- California: 1.4
- Big-chain shops
- 0
- Payday & loan stores
- 2
- Population
- 85,556
Pawn shops in San Pedro: addresses and phone numbers
| Pawn shop | Address | Phone | Website |
|---|---|---|---|
| 1st Pacific Pawn | 736 S Pacific Ave San Pedro, CA 90731 | (310) 832-5742 | 1stpacificpawn.net |
| Pacific Gold Traders | 825 S Pacific Ave San Pedro, CA 90731 | (310) 833-6922 | — |
Pawn shops vs payday loan stores in San Pedro
San Pedro has 2 pawn shops and 2 payday, installment and title loan stores.
Pawn shops
2
2.3 per 100k residents
Payday & loan stores
2
2.3 per 100k residents
2 store chains
Biggest loan store chains in San Pedro: ACE Cash Express (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 San Pedro
- 1.3%
- Pawn cost, share of monthly household income in San Pedro
- 0.9%
- A $400 emergency equals
- 1.7 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% |
San Pedro at a glance
- Median household income
- $84,553
- California: $102,369
- Poverty rate
- 13.8%
- California: 12.0%
- Households under $25,000
- 17.3%
- California: 12.7%
- A $400 emergency equals
- 1.7 days of income
Payday and installment loan stores in San Pedro
For comparison: storefront payday, installment and title lenders in San Pedro with addresses, phone numbers and hours.
| Address | Phone | Hours | Google rating |
|---|---|---|---|
| 1330 S Pacific Ave A San Pedro, CA 90731 | (310) 521-3060 | — | 4.8 |
| 904 S Gaffey St San Pedro, CA 90731 | (310) 547-2050 | — | 4.9 |
Pawn shops near San Pedro
More about San Pedro
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.