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Pawn Shops vs Payday Loans in Fort Walton Beach, FL
6 pawn shops in and around Fort Walton Beach — 10.2 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. Fort Walton Beach ranks #4 of 86 Florida cities with pawn shops by shops per resident.
- Pawn shops
- 6
- Pawn shops per 100k
- 10.2
- Florida: 4.5
- Big-chain shops
- 1
- Payday & loan stores
- 3
- Population
- 58,731
Pawn shops in Fort Walton Beach: addresses and phone numbers
| Pawn shop | Address | Phone | Website |
|---|---|---|---|
| Azusa Pawn Shop | 14 Eglin Pkwy SE Fort Walton Beach, FL 32548 | — | azusapawn.com |
| Cash America PawnChain | 20 Eglin Pkwy SE Fort Walton Beach, FL 32548 | (850) 664-2274 | dansdiscountjewelry.com |
| Golden Pawn & Jewelry | 654 Beal Pkwy N Fort Walton Beach, FL 32547 | (850) 862-2700 | — |
| Jimmy's Men Store & Pawn Shop | 22 Eglin Pkwy SE Fort Walton Beach, FL 32548 | (850) 244-5184 | jimmysgunsftwalton.com |
| The Silver Mine Pawn Shop | 652 Beal Pkwy NW Fort Walton Beach, FL 32547 | (850) 862-4133 | thesilvermineinc.com |
| US GOLD PAWN | 700 Beal Pkwy NW Unit F Fort Walton Beach, FL 32547 | (850) 974-2462 | usgoldpawn.com |
Pawn shops vs payday loan stores in Fort Walton Beach
Fort Walton Beach has 6 pawn shops and 3 payday, installment and title loan stores.
Pawn shops
6
10.2 per 100k residents
Payday & loan stores
3
5.1 per 100k residents
3 store chains
Biggest loan store chains in Fort Walton Beach: Advance America (1), Mariner Finance (1), OneMain Financial (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 Fort Walton Beach
- 2.0%
- Pawn cost, share of monthly household income in Fort Walton Beach
- 1.8%
- A $400 emergency equals
- 2.2 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% |
Fort Walton Beach at a glance
- Median household income
- $66,255
- Florida: $75,446
- Poverty rate
- 13.7%
- Florida: 12.7%
- Households under $25,000
- 11.7%
- Florida: 15.4%
- A $400 emergency equals
- 2.2 days of income
Payday and installment loan stores in Fort Walton Beach
For comparison: storefront payday, installment and title lenders in Fort Walton Beach with addresses, phone numbers and hours.
| Address | Phone | Hours | Google rating |
|---|---|---|---|
| 244A Eglin Pkwy NE Fort Walton Beach, FL 32547 | (850) 314-7409 | Mon–Thu 10:00 AM – 6:00 PM Fri 9:00 AM – 6:00 PM Sat 9:00 AM – 4:00 PM Sun closed |
— |
| 255 Miracle Strip Pkwy SE Ste B2 Fort Walton Beach, FL 32548 | (850) 314-0106 | — | 4.9 |
| 98 Eglin Pkwy NE #2 Fort Walton Beach, FL 32548 | (850) 314-9826 | — | 3.9 |
Pawn shops near Fort Walton Beach
More about Fort Walton Beach
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.