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 Fort Wayne, IN
11 pawn shops in and around Fort Wayne — 3.3 per 100,000 residents, compared with 2.2 across Indiana. Call ahead to ask what they're buying and lending on today: inventory needs change weekly. Fort Wayne ranks #9 of 17 Indiana cities with pawn shops by shops per resident.
- Pawn shops
- 11
- Pawn shops per 100k
- 3.3
- Indiana: 2.2
- Big-chain shops
- 3
- Payday & loan stores
- 10
- Population
- 333,026
Pawn shops in Fort Wayne: addresses and phone numbers
| Pawn shop | Address | Phone | Website |
|---|---|---|---|
| B & B Loan Company | 612 S Calhoun St Fort Wayne, IN 46802 | (260) 424-4934 | bandbloancompany.com |
| Cash America PawnChain | 3498 N Clinton St Fort Wayne, IN 46805 | (260) 484-7222 | firstcash.com |
| Cash America PawnChain | 4307 S Anthony Blvd Fort Wayne, IN 46806 | (260) 456-5696 | firstcash.com |
| Cash America PawnChain | 944 N Coliseum Blvd Fort Wayne, IN 46805 | (260) 422-5662 | firstcash.com |
| Indiana Loan Co | 3509 N Clinton St Fort Wayne, IN 46805 | (260) 484-5025 | indianaloan.net |
| Lev's Pawn Shop | 1408 N Wells St Fort Wayne, IN 46808 | (260) 422-9590 | levspawn.com |
| Lev's Pawn Shop | 2511 Lower Huntington Rd Fort Wayne, IN 46809 | (260) 203-3084 | levspawn.com |
| Lev's Pawn Shop | 3218 S Clinton St Fort Wayne, IN 46806 | (260) 456-8733 | levspawn.com |
| Premier Auto Pawn | 916 S Anthony Blvd Fort Wayne, IN 46803 | (260) 424-7296 | premierautopawn.com |
| Renew Resale | 6406 E State Blvd Fort Wayne, IN 46815 | (260) 748-0672 | renewupscaleresale.org |
| We Buy Gold FW LLC | 702 W Coliseum Blvd # B Fort Wayne, IN 46808 | (260) 450-1303 | webuygoldfw.com |
Pawn shops vs payday loan stores in Fort Wayne
Fort Wayne has 11 pawn shops and 10 payday, installment and title loan stores.
Pawn shops
11
3.3 per 100k residents
Payday & loan stores
10
3.0 per 100k residents
6 store chains
Biggest loan store chains in Fort Wayne: OneMain Financial (3), ACE Cash Express (2), Mariner Finance (2), Advance America (1), Check Into Cash (1).
Borrowing $500 for one month: payday vs pawn vs credit union
| Option | How it works | Cost for one month |
|---|---|---|
| Payday loan (~382% 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 Fort Wayne
- 2.5%
- Pawn cost, share of monthly household income in Fort Wayne
- 1.7%
- A $400 emergency equals
- 2.1 days of income
Payday: a typical fee of $75 on a $500 loan for 2 weeks, paid twice for a one-month loan (Indiana 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 Indiana 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 IN | |
|---|---|---|
| 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 Indiana | Pawnbrokers are licensed and regulated by Indiana; fees, terms and holding periods are set by state law | Allowed, up to $605; typical APR ~382% |
Fort Wayne at a glance
- Median household income
- $71,201
- Indiana: $73,437
- Poverty rate
- 13.6%
- Indiana: 12.4%
- Households under $25,000
- 15.1%
- Indiana: 15.4%
- A $400 emergency equals
- 2.1 days of income
Payday and installment loan stores in Fort Wayne
For comparison: storefront payday, installment and title lenders in Fort Wayne with addresses, phone numbers and hours.
| Address | Phone | Hours | Google rating |
|---|---|---|---|
| 10353 Illinois Rd Fort Wayne, IN 46814 | (260) 483-0021 | — | 4.3 |
| 10376 Leo Rd Ste E Fort Wayne, IN 46825 | (260) 471-6646 | — | 4.3 |
| 7619 N Southtown Crossing Fort Wayne, IN 46816 | (260) 447-5506 | — | 4.2 |
| 1017 E Coliseum Blvd Fort Wayne, IN 46805 | (260) 484-0099 | — | 4.9 |
| 1575 Goshen Ave Fort Wayne, IN 46808 | (260) 471-2274 | — | 4.9 |
| 530 E Coliseum Blvd Fort Wayne, IN 46805 | (260) 222-9260 | — | 4.8 |
| 6445 W Jefferson Blvd Fort Wayne, IN 46804 | (260) 444-5749 | — | 4.9 |
| 6716 East State Boulevard Fort Wayne, IN 46815 | (260) 749-6431 | Mon–Fri 10:00 AM – 6:00 PM Sat 10:00 AM – 2:00 PM Sun closed |
— |
| 1010 E Coliseum Blvd Fort Wayne, IN 46805 | (260) 471-4640 | — | 4.2 |
| 2841 E Dupont Rd Ste A Fort Wayne, IN 46825 | (260) 201-3395 | — | 3.5 |
Pawn shops near Fort Wayne
More about Fort Wayne
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.