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Pawn Shops vs Payday Loans in Indianapolis, IN
30 pawn shops in and around Indianapolis — 3.1 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. Indianapolis ranks #11 of 17 Indiana cities with pawn shops by shops per resident.
- Pawn shops
- 30
- Pawn shops per 100k
- 3.1
- Indiana: 2.2
- Big-chain shops
- 24
- Payday & loan stores
- 32
- Population
- 978,823
Pawn shops in Indianapolis: addresses and phone numbers
| Pawn shop | Address | Phone | Website |
|---|---|---|---|
| Cash America PawnChain | 1910 E Stop 13 Rd Indianapolis, IN 46227 | (317) 881-6199 | find.cashamerica.us |
| Cash America PawnChain | 2428 E 38th St Indianapolis, IN 46218 | (317) 931-1322 | firstcash.com |
| Cash America PawnChain | 3101 English Ave A&B Indianapolis, IN 46201 | (317) 686-0390 | find.cashamerica.us |
| Cash America PawnChain | 3419 S East St Indianapolis, IN 46227 | (317) 784-2852 | firstcash.com |
| Cash America PawnChain | 3557 Lafayette Rd Indianapolis, IN 46222 | (317) 290-9022 | find.cashamerica.us |
| Cash America PawnChain | 3601 W 16th St Indianapolis, IN 46222 | (317) 686-9759 | firstcash.com |
| Cash America PawnChain | 5103 E 16th St Indianapolis, IN 46218 | (317) 322-1194 | firstcash.com |
| Cash America PawnChain | 7 N Shortridge Rd Indianapolis, IN 46219 | (317) 352-9951 | firstcash.com |
| Cash America PawnChain | 7123 N Michigan Rd Indianapolis, IN 46268 | (317) 472-4920 | cashamerica.com |
| Cash America PawnChain | 8705 E 38th St Indianapolis, IN 46226 | (317) 890-7296 | firstcash.com |
| Circle City Pawn | 5472 Georgetown Rd Indianapolis, IN 46254 | (317) 308-8531 | circlecitypawnindy.com |
| Combs Gold & Stuff | 4004 W Washington St Indianapolis, IN 46241 | (317) 243-2303 | — |
| Dock Brothers Jewelry & Loan Company | 2464 N Meridian St Indianapolis, IN 46208 | (317) 926-6006 | dockbros.com |
| EZPAWNChain | 2857 Lafayette Rd Indianapolis, IN 46222 | (317) 926-5292 | ezpawn.com |
| EZPAWNChain | 3376 W 10th St Indianapolis, IN 46222 | (317) 685-8017 | ezpawn.com |
| EZPAWNChain | 3940 S Keystone Ave Indianapolis, IN 46227 | (317) 783-1222 | ezpawn.com |
| EZPAWNChain | 4435 N Keystone Ave Indianapolis, IN 46205 | (317) 546-7388 | ezpawn.com |
| EZPAWNChain | 5227 W Washington St Indianapolis, IN 46241 | (317) 244-1333 | ezpawn.com |
| EZPAWNChain | 5318 W 38th St Indianapolis, IN 46254 | (317) 290-1200 | ezpawn.com |
| EZPAWNChain | 6241 E Washington St Indianapolis, IN 46219 | (317) 322-9133 | ezpawn.com |
| EZPAWNChain | 8028 Pendleton Pike Lawrence, IN 46226 | (317) 542-8280 | ezpawn.com |
| First Cash PawnChain | 2372 E Stop 11 Rd Indianapolis, IN 46227 | (317) 215-4618 | firstcash.com |
| First Cash PawnChain | 2802 W 16th St Indianapolis, IN 46222 | (317) 972-0325 | firstcash.com |
| First Cash PawnChain | 3301 S East St Indianapolis, IN 46227 | (317) 803-2109 | firstcash.com |
| First Cash PawnChain | 5347 N Keystone Ave, Suit A Indianapolis, IN 46220 | (317) 217-1670 | firstcash.com |
| First Cash PawnChain | 5620 W Washington St Indianapolis, IN 46241 | (317) 487-7450 | firstcash.com |
| First Cash PawnChain | 9021 E 38th St Indianapolis, IN 46235 | (317) 897-6239 | firstcash.com |
| Indy Pawn | 3824 N Illinois St Indianapolis, IN 46208 | (317) 923-4823 | — |
| Indy Pawn | 7965 E Pendleton Pike Indianapolis, IN 46226 | (317) 429-9144 | indypawnsuperstore.com |
| Westside Loan Company | 3428 W 10th St Indianapolis, IN 46222 | (317) 637-3005 | westsideloanco.com |
Pawn shops vs payday loan stores in Indianapolis
Indianapolis has 32 payday, installment and title loan stores but only 30 pawn shops.
Pawn shops
30
3.1 per 100k residents
Payday & loan stores
32
3.3 per 100k residents
4 store chains
Biggest loan store chains in Indianapolis: ACE Cash Express (19), OneMain Financial (6), Mariner Finance (4), Advance America (3).
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 Indianapolis
- 2.7%
- Pawn cost, share of monthly household income in Indianapolis
- 1.8%
- A $400 emergency equals
- 2.2 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% |
Indianapolis at a glance
- Median household income
- $67,417
- Indiana: $73,437
- Poverty rate
- 15.0%
- Indiana: 12.4%
- Households under $25,000
- 17.6%
- Indiana: 15.4%
- A $400 emergency equals
- 2.2 days of income
Payday and installment loan stores in Indianapolis
For comparison: storefront payday, installment and title lenders in Indianapolis with addresses, phone numbers and hours.
| Address | Phone | Hours | Google rating |
|---|---|---|---|
| 1115 E 86th St Indianapolis, IN 46240 | (317) 475-0197 | — | 4.7 |
| 2321 E 38th St Ste A Indianapolis, IN 46218 | (317) 923-8249 | — | 4.9 |
| 2435 N Sherman Dr Indianapolis, IN 46218 | (317) 543-0727 | — | 4.8 |
| 2620 Madison Ave Indianapolis, IN 46225 | (317) 791-8619 | — | 4.9 |
| 3105 English Ave D Indianapolis, IN 46201 | (317) 964-0083 | — | 4.9 |
| 3406 W 16th St Indianapolis, IN 46222 | (317) 423-0732 | — | 4.8 |
| 40 N Delaware St Indianapolis, IN 46204 | (317) 638-0712 | — | 4.9 |
| 4856 S Emerson Ave Indianapolis, IN 46203 | (317) 791-9287 | — | 4.9 |
| 5103 W Washington St Indianapolis, IN 46241 | (317) 381-0786 | — | 4.7 |
| 5608 Georgetown Rd Indianapolis, IN 46254 | (317) 290-1150 | — | 4.9 |
| 5841 Crawfordsville Rd Ste 102 Indianapolis, IN 46224 | (317) 481-1844 | — | 4.9 |
| 6000 E 10th St Indianapolis, IN 46219 | (317) 353-0693 | — | 4.8 |
| 7025 Pendleton Pike Indianapolis, IN 46226 | (317) 549-3718 | — | 4.8 |
| 7237 Michigan Rd Indianapolis, IN 46268 | (317) 291-4172 | — | 4.9 |
| 7301 W 10th St Ste C Indianapolis, IN 46214 | (317) 209-8385 | — | 4.8 |
| 8027 Pendleton Pike Indianapolis, IN 46226 | (317) 895-1179 | — | 4.8 |
| 8091 Madison Ave Indianapolis, IN 46227 | (317) 889-3220 | — | 4.8 |
| 8605 Michigan Rd Indianapolis, IN 46268 | (317) 872-3285 | — | 4.9 |
| 8975 E Washington St Ste 101 Indianapolis, IN 46219 | (317) 897-5874 | — | 4.9 |
| 4086 Pendleton Way Indianapolis, IN 46226 | (317) 545-8511 | — | 3.9 |
| 4951 S Emerson Ave Indianapolis, IN 46203 | (317) 783-3366 | — | 4.0 |
| 5749 E 86th St Indianapolis, IN 46250 | (317) 842-1122 | — | — |
| 5945 Crawfordsville Rd E Indianapolis, IN 46224 | (317) 241-8984 | — | 3.9 |
| 6423 S East St Ste A Indianapolis, IN 46227 | (317) 272-8571 | — | 1.8 |
| 9719 E Washington St Indianapolis, IN 46229 | (317) 895-1518 | — | 4.3 |
| 10053 E Washington St Indianapolis, IN 46229 | (317) 899-1497 | — | 4.9 |
| 5375 E Thompson Rd Ste A Indianapolis, IN 46237 | (317) 786-8047 | — | 4.8 |
| 7411 Shadeland Ave Indianapolis, IN 46250 | (317) 348-3318 | — | 4.9 |
| 8330 N Michigan Rd Ste 300 Indianapolis, IN 46268 | (317) 334-8704 | — | 4.7 |
| 10930 Pendleton Pike, Ste. 105 Indianapolis, IN 46236 | (317) 823-3994 | Mon–Fri 10:00 AM – 6:00 PM Sat 10:00 AM – 2:00 PM Sun closed |
— |
| 1985 E. Stop 13 Road Indianapolis, IN 46227 | (317) 881-6328 | Mon–Fri 10:00 AM – 6:00 PM Sat 10:00 AM – 2:00 PM Sun closed |
— |
| 5621 Georgetown Rd Indianapolis, IN 46254 | (317) 328-7894 | Mon–Fri 10:00 AM – 6:00 PM Sat 10:00 AM – 2:00 PM Sun closed |
— |
Pawn shops near Indianapolis
More about Indianapolis
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.