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Pawn Shops vs Payday Loans in Wilmington, DE
6 pawn shops in and around Wilmington — 2.7 per 100,000 residents, compared with 2.3 across Delaware. Call ahead to ask what they're buying and lending on today: inventory needs change weekly. Wilmington ranks #3 of 4 Delaware cities with pawn shops by shops per resident.
- Pawn shops
- 6
- Pawn shops per 100k
- 2.7
- Delaware: 2.3
- Big-chain shops
- 0
- Payday & loan stores
- 5
- Population
- 219,376
Pawn shops in Wilmington: addresses and phone numbers
| Pawn shop | Address | Phone | Website |
|---|---|---|---|
| 9 to 5 Pawn and Jewelry | 4714 Kirkwood Hwy Wilmington, DE 19808 | (844) 925-9251 | instagram.com |
| ABC Pawn and Precious Metals | 1944 Maryland Ave Wilmington, DE 19805 | — | buya.com |
| Cash for Gold, Silver & Coins - King of Gold | 2201 Silverside Rd Wilmington, DE 19810 | (302) 308-3991 | kingofgold1.com |
| Levy's Pawn Shop | 501 N Market St Wilmington, DE 19801 | (302) 652-8352 | levyspawnshop.com |
| Lou's Jewelry & Pawn | 712 N Market St Wilmington, DE 19801 | (302) 888-1812 | — |
| We Buy Everything Pawn Shop - Wilmington | 4524 Kirkwood Hwy Ste B Wilmington, DE 19808 | (302) 384-8029 | webuyeverything.com |
Pawn shops vs payday loan stores in Wilmington
Wilmington has 6 pawn shops and 5 payday, installment and title loan stores.
Pawn shops
6
2.7 per 100k residents
Payday & loan stores
5
2.3 per 100k residents
4 store chains
Biggest loan store chains in Wilmington: Check 'n Go (2), Mariner Finance (1), OneMain Financial (1), TitleMax (1).
Borrowing $500 for one month: payday vs pawn vs credit union
| Option | How it works | Cost for one month |
|---|---|---|
| Payday loan (~521%+ APR) | $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 Wilmington
- 2.1%
- Pawn cost, share of monthly household income in Wilmington
- 1.4%
- A $400 emergency equals
- 1.7 days of income
Payday: a typical fee of $75 on a $500 loan for 2 weeks, paid twice for a one-month loan (Delaware 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 Delaware 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 DE | |
|---|---|---|
| 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 Delaware | Pawnbrokers are licensed and regulated by Delaware; fees, terms and holding periods are set by state law | Allowed, up to $1,000; typical APR ~521%+ |
Wilmington at a glance
- Median household income
- $84,453
- Delaware: $86,313
- Poverty rate
- 12.5%
- Delaware: 10.7%
- Households under $25,000
- 14.9%
- Delaware: 12.3%
- A $400 emergency equals
- 1.7 days of income
Payday and installment loan stores in Wilmington
For comparison: storefront payday, installment and title lenders in Wilmington with addresses, phone numbers and hours.
| Address | Phone | Hours | Google rating |
|---|---|---|---|
| 3843 Kirkwood Hwy Wilmington, DE 19808 | (302) 300-4327 | — | 4.9 |
| 800 W 4th St Ste 401 Wilmington, DE 19801 | (302) 658-5431 | — | 4.7 |
| 3616 Kirkwood Hwy Ste D Wilmington, DE 19808 | (302) 384-6047 | — | 4.8 |
| 4325 Concord Pike Wilmington, DE 19803 | (302) 478-8070 | — | 4.6 |
| 3401 Kirkwood Hwy Wilmington, DE 19808 | (302) 993-7945 | — | 4.9 |
Pawn shops near Wilmington
More about Wilmington
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.