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 Tallahassee, FL
8 pawn shops in and around Tallahassee — 2.7 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. Tallahassee ranks #67 of 86 Florida cities with pawn shops by shops per resident.
- Pawn shops
- 8
- Pawn shops per 100k
- 2.7
- Florida: 4.5
- Big-chain shops
- 3
- Payday & loan stores
- 10
- Population
- 295,335
Pawn shops in Tallahassee: addresses and phone numbers
| Pawn shop | Address | Phone | Website |
|---|---|---|---|
| Affiliated Gun & Pawn | 2500 Apalachee Pkwy Tallahassee, FL 32301 | (850) 656-5486 | affiliatedgunandpawn.net |
| Cash America PawnChain | 2441 N Monroe St Tallahassee, FL 32303 | (850) 386-2200 | cashamerica.com |
| Cash America PawnChain | 2535 S Adams St Tallahassee, FL 32301 | (850) 681-9100 | cashamerica.com |
| Folmar's | 808 N Monroe St Tallahassee, FL 32303 | (850) 224-6836 | folmars.com |
| Folmar's Pawn Shop | 400 Capital Cir SE Tallahassee, FL 32301 | (850) 999-2409 | folmars.com |
| Mike's Pawn Shop | 538 W Tennessee St Tallahassee, FL 32301 | (850) 222-9406 | — |
| Tallahassee Pawn, Inc. | 1435 S Monroe St Tallahassee, FL 32301 | (850) 224-7296 | tallahasseegunandpawn.net |
| Value Pawn & JewelryChain | 2096 N Monroe St Tallahassee, FL 32303 | (850) 553-3212 | valuepawnandjewelry.com |
Pawn shops vs payday loan stores in Tallahassee
Tallahassee has 10 payday, installment and title loan stores but only 8 pawn shops.
Pawn shops
8
2.7 per 100k residents
Payday & loan stores
10
3.4 per 100k residents
6 store chains
Biggest loan store chains in Tallahassee: Advance America (3), ACE Cash Express (2), OneMain Financial (2), Lendmark Financial Services (1), 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 Tallahassee
- 1.9%
- Pawn cost, share of monthly household income in Tallahassee
- 1.7%
- A $400 emergency equals
- 2.1 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% |
Tallahassee at a glance
- Median household income
- $70,585
- Florida: $75,446
- Poverty rate
- 19.5%
- Florida: 12.7%
- Households under $25,000
- 19.8%
- Florida: 15.4%
- A $400 emergency equals
- 2.1 days of income
Payday and installment loan stores in Tallahassee
For comparison: storefront payday, installment and title lenders in Tallahassee with addresses, phone numbers and hours.
| Address | Phone | Hours | Google rating |
|---|---|---|---|
| 2221 S. Monroe St. Tallahassee, FL 32301 | (850) 309-0219 | Mon–Thu 10:00 AM – 6:00 PM Fri 9:00 AM – 6:00 PM Sat 9:00 AM – 4:00 PM Sun closed |
— |
| 3111 Mahan Dr., Ste. #28 Tallahassee, FL 32308 | (850) 877-2978 | Mon–Thu 10:00 AM – 6:00 PM Fri 9:00 AM – 6:00 PM Sat 9:00 AM – 4:00 PM Sun closed |
— |
| 4228 W. Tennessee St., Ste. 29 Tallahassee, FL 32304 | (850) 575-4500 | Mon–Thu 10:00 AM – 6:00 PM Fri 9:00 AM – 6:00 PM Sat 9:00 AM – 4:00 PM Sun closed |
— |
| 1825 S Adams St Tallahassee, FL 32301 | (850) 222-0911 | — | 4.8 |
| 2011 N Monroe St Tallahassee, FL 32303 | (850) 386-6920 | — | 4.9 |
| 1380 Village Square Blvd #3 Tallahassee, FL 32312 | (850) 907-0061 | — | 4.7 |
| 3217 Apalachee Pkwy #2 Tallahassee, FL 32311 | (850) 877-9144 | — | 4.7 |
| 800 Ocala Rd Ste 310 Tallahassee, FL 32304 | (850) 391-8191 | — | 4.8 |
| 1505 Governors Square Blvd Ste. 101 Tallahassee, FL 32301 | (850) 562-2238 | — | 4.5 |
| 1923 Capital Cir NE Apt B Tallahassee, FL 32308 | (850) 692-7600 | — | 4.6 |
Pawn shops near Tallahassee
More about Tallahassee
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.