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 Boca Raton, FL
11 pawn shops in and around Boca Raton — 4.5 per 100,000 residents, compared with 4.5 across Florida. Call ahead to ask what they're buying and lending on today: inventory needs change weekly. Boca Raton ranks #44 of 86 Florida cities with pawn shops by shops per resident.
- Pawn shops
- 11
- Pawn shops per 100k
- 4.5
- Florida: 4.5
- Big-chain shops
- 0
- Payday & loan stores
- 1
- Population
- 245,646
Pawn shops in Boca Raton: addresses and phone numbers
| Pawn shop | Address | Phone | Website |
|---|---|---|---|
| American Pawn | 7400 N Federal Hwy Boca Raton, FL 33487 | (561) 961-4047 | goldpawncity.com |
| Barry's Pawn and Jewelry | 6485 N Federal Hwy Boca Raton, FL 33487 | (561) 786-2431 | pawnandjewelry.com |
| Boca Pawn & Jewelry | 9850 Sandalfoot Blvd Boca Raton, FL 33428 | (561) 883-0410 | bocapawnandjewlery.com |
| Boca Raton Pawn | 1013 N Federal Hwy Boca Raton, FL 33432 | (561) 347-8635 | brpluxury.com |
| Boca Raton Pawn | 555 N Federal Hwy Boca Raton, FL 33432 | — | bocaratonpawn.com |
| Crown Pawn | 355 NE Spanish River Blvd Boca Raton, FL 33431 | (561) 367-3433 | crownpawn.com |
| Diamond Banc | 100 S Federal Hwy Boca Raton, FL 33432 | (561) 430-5035 | diamondbanc.com |
| Gold Buyers Jewelry & Loan | 499 N Federal Hwy Boca Raton, FL 33432 | (561) 395-6767 | goldbuyersboca.com |
| Gold Pawn City | 912 N Dixie Hwy Boca Raton, FL 33432 | (561) 756-8148 | goldpawncity.com |
| Pawn and Jewelry Place - Boca Raton | 6485 N Federal Hwy Boca Raton, FL 33487 | (561) 241-7291 | — |
| VIPawn | 485 NE 20th St Boca Raton, FL 33431 | (646) 288-1323 | vipawn.com |
Pawn shops vs payday loan stores in Boca Raton
Boca Raton has 11 pawn shops and 1 payday, installment and title loan stores.
Pawn shops
11
4.5 per 100k residents
Payday & loan stores
1
0.4 per 100k residents
1 store chain
Biggest loan store chains in Boca Raton: loanDepot (1).
Borrowing $500 for one month: payday vs pawn vs credit union
| Option | How it works | Cost for one month |
|---|---|---|
| Payday loan (~304% APR) | $55.00 fee every 2 weeks, renewed once | $110.00 |
| 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 Boca Raton
- 1.4%
- Pawn cost, share of monthly household income in Boca Raton
- 1.3%
- A $400 emergency equals
- 1.5 days of income
Payday: the FL maximum — $55 on a $500 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 Florida 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 FL | |
|---|---|---|
| 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 Florida | Pawnbrokers are licensed and regulated by Florida; fees, terms and holding periods are set by state law | Allowed, up to $500; typical APR ~304% |
Boca Raton at a glance
- Median household income
- $95,451
- Florida: $75,446
- Poverty rate
- 8.8%
- Florida: 12.7%
- Households under $25,000
- 12.0%
- Florida: 15.4%
- A $400 emergency equals
- 1.5 days of income
Payday and installment loan stores in Boca Raton
For comparison: storefront payday, installment and title lenders in Boca Raton with addresses, phone numbers and hours.
| Address | Phone | Hours | Google rating |
|---|---|---|---|
| 2385 NW Executive Center Dr Ste 120 Boca Raton, FL 33431 | (561) 609-0490 | — | 4.5 |
Pawn shops near Boca Raton
More about Boca Raton
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.