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Pawn Shops vs Payday Loans in Statesboro, GA
6 pawn shops in and around Statesboro — 9.1 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. Statesboro ranks #8 of 46 Georgia cities with pawn shops by shops per resident.
- Pawn shops
- 6
- Pawn shops per 100k
- 9.1
- Georgia: 5.0
- Big-chain shops
- 0
- Payday & loan stores
- 7
- Population
- 65,703
Pawn shops in Statesboro: addresses and phone numbers
| Pawn shop | Address | Phone | Website |
|---|---|---|---|
| Mr Cash Pawn Shop | 1791 Northside Dr E Statesboro, GA 30458 | (912) 623-2800 | mrcashga.com |
| Pawn City | 1887 Northside Dr E Statesboro, GA 30458 | (912) 764-6771 | firstcash.com |
| Pawn City | 803 S Main St Statesboro, GA 30458 | (912) 681-2274 | firstcash.com |
| Security Finance | 967 Northside Dr E Statesboro, GA 30458 | (912) 489-8484 | securityfinance.com |
| Security Pawn | 17102 Highway 67 Statesboro, GA 30458 | (912) 764-1111 | pawncity.com |
| Statesboro Gun & Pawn | 606 S Zetterower Ave Ste 300 Statesboro, GA 30458 | (912) 681-7296 | statesboroherald.secondstreetapp.com |
Pawn shops vs payday loan stores in Statesboro
Statesboro has 7 payday, installment and title loan stores but only 6 pawn shops.
Pawn shops
6
9.1 per 100k residents
Payday & loan stores
7
10.7 per 100k residents
7 store chains
Biggest loan store chains in Statesboro: 1st Franklin Financial (1), Check Into Cash (1), 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 Statesboro
- 3.1%
- Pawn cost, share of monthly household income in Statesboro
- 2.1%
- A $400 emergency equals
- 2.5 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 |
Statesboro at a glance
- Median household income
- $57,267
- Georgia: $79,251
- Poverty rate
- 24.2%
- Georgia: 13.6%
- Households under $25,000
- 23.1%
- Georgia: 15.7%
- A $400 emergency equals
- 2.5 days of income
Payday and installment loan stores in Statesboro
For comparison: storefront payday, installment and title lenders in Statesboro with addresses, phone numbers and hours.
| Address | Phone | Hours | Google rating |
|---|---|---|---|
| 1680 Northside Dr E Statesboro, GA 30458 | (912) 764-6996 | — | 4.9 |
| 106 N Zetterower Ave Statesboro, GA 30458 | (912) 764-2232 | — | 4.7 |
| 111 Tormenta Wy Statesboro, GA 30458 | (912) 225-0286 | — | 5.0 |
| 606A Brannen St Statesboro, GA 30458 | (912) 764-6242 | — | 4.8 |
| 430 Northside Dr E #130 Statesboro, GA 30458 | (912) 489-3181 | — | 4.2 |
| 967 Northside Dr E Statesboro, GA 30458 | (912) 489-8484 | — | 4.8 |
| 216 Northside Dr E Statesboro, GA 30458 | (912) 764-6978 | — | 4.9 |
Pawn shops near Statesboro
More about Statesboro
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.