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Pawn Shops vs Payday Loans in Albany, GA
6 pawn shops in and around Albany — 6.6 per 100,000 residents, compared with 5.0 across Georgia. Call ahead to ask what they're buying and lending on today: inventory needs change weekly. Albany ranks #17 of 46 Georgia cities with pawn shops by shops per resident.
- Pawn shops
- 6
- Pawn shops per 100k
- 6.6
- Georgia: 5.0
- Big-chain shops
- 0
- Payday & loan stores
- 9
- Population
- 90,353
Pawn shops in Albany: addresses and phone numbers
| Pawn shop | Address | Phone | Website |
|---|---|---|---|
| C & P Pawn | 1150 S Slappey Blvd Albany, GA 31701 | (229) 903-4020 | c-p-pawn.business.site |
| Dawson Road Jewelry and Pawn | 2417 Dawson Rd Albany, GA 31707 | (229) 639-1282 | dawsonrdpawn.com |
| Georgia Auto Pawn | 715 N Slappey Blvd Albany, GA 31701 | (229) 439-7004 | georgiaautopawninc.com |
| North Slappey Pawn Shop | 906 N Slappey Blvd Albany, GA 31701 | (229) 903-1421 | northslappeypawn.com |
| OAKRIDGE PAWN SHOP | 304 E Oakridge Dr Albany, GA 31705 | (229) 436-3655 | oakridger.com |
| Star Brokers | 214 W Broad Ave Albany, GA 31701 | (229) 436-2346 | starbrokerspawnshop.webs.com |
Pawn shops vs payday loan stores in Albany
Albany has 9 payday, installment and title loan stores but only 6 pawn shops.
Pawn shops
6
6.6 per 100k residents
Payday & loan stores
9
10.0 per 100k residents
6 store chains
Biggest loan store chains in Albany: TitleMax (3), 1st Franklin Financial (2), Lendmark Financial Services (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 (not legal in Georgia) | $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 Albany
- 3.7%
- Pawn cost, share of monthly household income in Albany
- 2.5%
- A $400 emergency equals
- 3.0 days of income
Payday: a typical fee of $75 on a $500 loan for 2 weeks, paid twice for a one-month loan (Georgia 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 Georgia 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 GA | |
|---|---|---|
| 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 Georgia | Pawnbrokers are licensed and regulated by Georgia; fees, terms and holding periods are set by state law | Storefront payday loans are not allowed in Georgia |
Albany at a glance
- Median household income
- $48,484
- Georgia: $79,251
- Poverty rate
- 25.3%
- Georgia: 13.6%
- Households under $25,000
- 29.0%
- Georgia: 15.7%
- A $400 emergency equals
- 3.0 days of income
Payday and installment loan stores in Albany
For comparison: storefront payday, installment and title lenders in Albany with addresses, phone numbers and hours.
| Address | Phone | Hours | Google rating |
|---|---|---|---|
| 105 S Slappey Blvd Albany, GA 31701 | (229) 420-9598 | — | 5.0 |
| 1712 E Oglethorpe Blvd Albany, GA 31705 | (229) 889-0250 | — | 5.0 |
| 2546 Dawson Rd Albany, GA 31707 | (229) 435-7835 | — | 5.0 |
| 2231 Dawson Rd Suite A Albany, GA 31707 | (229) 439-8867 | — | 4.9 |
| 307 Grand Island Dr Albany, GA 31707 | (229) 888-1928 | — | 4.8 |
| 2734 Ledo Rd Ste 11 Albany, GA 31721 | (229) 436-7705 | — | 4.0 |
| 2822 Nottingham Way Ste 106 Albany, GA 31707 | (229) 337-2547 | — | 4.8 |
| 2516 Dawson Rd K Albany, GA 31707 | (229) 432-0543 | — | 4.1 |
| 2516 Dawson Rd Ste C Albany, GA 31707 | (229) 883-2567 | — | 4.9 |
Pawn shops near Albany
More about Albany
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.