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 Lake Worth, FL
7 pawn shops in and around Lake Worth — 3.3 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. Lake Worth ranks #62 of 86 Florida cities with pawn shops by shops per resident.
- Pawn shops
- 7
- Pawn shops per 100k
- 3.3
- Florida: 4.5
- Big-chain shops
- 2
- Payday & loan stores
- 1
- Population
- 212,234
Pawn shops in Lake Worth: addresses and phone numbers
| Pawn shop | Address | Phone | Website |
|---|---|---|---|
| Big Man's Pawn | 1422 Hypoluxo Rd Lake Worth Beach, FL 33462 | (561) 249-3066 | bigmansfastcash.com |
| Crown Pawn Shop | 3095 S Military Trl Ste 1 Lake Worth Beach, FL 33463 | (561) 721-3177 | crownpawn.com |
| Hypoluxo Pawn Shop | 1062 Hypoluxo Rd Lantana, FL 33462 | (561) 585-2694 | hypoluxo-pawn-shop.business.site |
| Presto Pawn & Jewelry | 3984 Lake Worth Rd Lake Worth Beach, FL 33461 | (561) 641-7979 | prestopawnandjewelry.com |
| Queen of Pawns | 3380 S Military Trl Lake Worth Beach, FL 33463 | (561) 434-4858 | queenofpawns.net |
| Value Pawn & JewelryChain | 3234 Lantana Rd Lake Worth Beach, FL 33462 | (561) 357-4747 | valuepawnandjewelry.com |
| Value Pawn & JewelryChain | 4186 Lake Worth Rd Lake Worth, FL 33461 | (561) 642-4656 | valuepawnandjewelry.com |
Pawn shops vs payday loan stores in Lake Worth
Lake Worth has 7 pawn shops and 1 payday, installment and title loan stores.
Pawn shops
7
3.3 per 100k residents
Payday & loan stores
1
0.5 per 100k residents
1 store chain
Biggest loan store chains in Lake Worth: Mariner Finance (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 Lake Worth
- 1.7%
- Pawn cost, share of monthly household income in Lake Worth
- 1.5%
- A $400 emergency equals
- 1.9 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% |
Lake Worth at a glance
- Median household income
- $77,451
- Florida: $75,446
- Poverty rate
- 12.3%
- Florida: 12.7%
- Households under $25,000
- 14.0%
- Florida: 15.4%
- A $400 emergency equals
- 1.9 days of income
Payday and installment loan stores in Lake Worth
For comparison: storefront payday, installment and title lenders in Lake Worth with addresses, phone numbers and hours.
| Address | Phone | Hours | Google rating |
|---|---|---|---|
| 3985 S Jog Rd Greenacres, FL 33467 | (561) 439-7160 | — | 4.8 |
Pawn shops near Lake Worth
More about Lake Worth
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.