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 Twin Falls, ID
4 pawn shops in and around Twin Falls — 6.5 per 100,000 residents, compared with 3.4 across Idaho. Call ahead to ask what they're buying and lending on today: inventory needs change weekly. Twin Falls ranks #2 of 9 Idaho cities with pawn shops by shops per resident.
- Pawn shops
- 4
- Pawn shops per 100k
- 6.5
- Idaho: 3.4
- Big-chain shops
- 0
- Payday & loan stores
- 7
- Population
- 61,968
Pawn shops in Twin Falls: addresses and phone numbers
| Pawn shop | Address | Phone | Website |
|---|---|---|---|
| Canyon Pawn | 259 Shoshone St S Twin Falls, ID 83301 | (208) 933-2600 | canyonpawn.com |
| MVP Gold Exchange | 570 Addison Ave W Twin Falls, ID 83301 | (208) 733-3330 | mvpawn.com |
| Pawn 1 Twin Falls | 1122 Addison Ave E Twin Falls, ID 83301 | (208) 732-7620 | pawn1.com |
| Washington Street Pawn | 321 Washington St Twin Falls, ID 83301 | (208) 735-0012 | djidaho.com |
Pawn shops vs payday loan stores in Twin Falls
Twin Falls has 7 payday, installment and title loan stores but only 4 pawn shops.
Pawn shops
4
6.5 per 100k residents
Payday & loan stores
7
11.3 per 100k residents
6 store chains
Biggest loan store chains in Twin Falls: Security Finance (2), Check 'n Go (1), Dollar Loan Center (1), Lendmark Financial Services (1), Moneytree (1).
Borrowing $500 for one month: payday vs pawn vs credit union
| Option | How it works | Cost for one month |
|---|---|---|
| Payday loan (~652%+ APR) | $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 Twin Falls
- 2.9%
- Pawn cost, share of monthly household income in Twin Falls
- 1.9%
- A $400 emergency equals
- 2.3 days of income
Payday: a typical fee of $75 on a $500 loan for 2 weeks, paid twice for a one-month loan (Idaho 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 Idaho 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 ID | |
|---|---|---|
| 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 Idaho | Pawnbrokers are licensed and regulated by Idaho; fees, terms and holding periods are set by state law | Allowed, up to $1,000 or 25% of gross income; typical APR ~652%+ |
Twin Falls at a glance
- Median household income
- $62,388
- Idaho: $76,311
- Poverty rate
- 10.6%
- Idaho: 10.7%
- Households under $25,000
- 15.3%
- Idaho: 13.0%
- A $400 emergency equals
- 2.3 days of income
Payday and installment loan stores in Twin Falls
For comparison: storefront payday, installment and title lenders in Twin Falls with addresses, phone numbers and hours.
| Address | Phone | Hours | Google rating |
|---|---|---|---|
| 591 Washington St N Twin Falls, ID 83301 | (208) 732-0157 | — | 4.9 |
| 686 Blue Lakes Blvd N Twin Falls, ID 83301 | (208) 735-0892 | — | 4.6 |
| 760 Blue Lakes Blvd N Ste 2 Twin Falls, ID 83301 | (208) 736-1948 | — | 4.9 |
| 256 Blue Lakes Blvd N Ste 101 Twin Falls, ID 83301 | (208) 551-8440 | — | 4.9 |
| 1563 Fillmore St Unit F Twin Falls, ID 83301 | (208) 733-9596 | — | 4.2 |
| 1517 Blue Lakes Blvd N Twin Falls, ID 83301 | (208) 735-6669 | — | 4.7 |
| 1239 Pole Line Rd E #313-C Twin Falls, ID 83301 | (208) 732-5571 | — | 3.1 |
Pawn shops near Twin Falls
More about Twin Falls
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.