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 Lawrence, KS
4 pawn shops in and around Lawrence — 3.9 per 100,000 residents, compared with 3.0 across Kansas. Call ahead to ask what they're buying and lending on today: inventory needs change weekly. Lawrence ranks #5 of 8 Kansas cities with pawn shops by shops per resident.
- Pawn shops
- 4
- Pawn shops per 100k
- 3.9
- Kansas: 3.0
- Big-chain shops
- 0
- Payday & loan stores
- 5
- Population
- 102,426
Pawn shops in Lawrence: addresses and phone numbers
| Pawn shop | Address | Phone | Website |
|---|---|---|---|
| Heartland Pawnbrokers | 2429 Iowa St Ste J Lawrence, KS 66046 | (785) 749-7296 | shop.hpjkc.com |
| Jayhawk Pawn & Jewelry | 1804 W 6th St Lawrence, KS 66044 | (785) 749-1919 | capcitypawn.com |
| Lawrence Pawn & Jewelry | 2447 W 6th St Lawrence, KS 66049 | (785) 843-4344 | — |
| Lawrence Pawn & Jewelry | 944 E 23rd St Lawrence, KS 66046 | — | — |
Pawn shops vs payday loan stores in Lawrence
Lawrence has 5 payday, installment and title loan stores but only 4 pawn shops.
Pawn shops
4
3.9 per 100k residents
Payday & loan stores
5
4.9 per 100k residents
5 store chains
Biggest loan store chains in Lawrence: ACE Cash Express (1), Check Into Cash (1), Lendmark Financial Services (1), OneMain Financial (1), TitleMax (1).
Borrowing $500 for one month: payday vs pawn vs credit union
| Option | How it works | Cost for one month |
|---|---|---|
| Payday loan (~391% 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 Lawrence
- 2.6%
- Pawn cost, share of monthly household income in Lawrence
- 1.7%
- A $400 emergency equals
- 2.1 days of income
Payday: the KS maximum — $75 on a $500 loan for 2 weeks, paid twice for a one-month loan. Pawn: an example rate of 20% a month; pawn fees and interest are set by Kansas 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. Income: U.S. Census Bureau, American Community Survey.
Pawn loan vs payday loan: the key differences
| Pawn loan | Payday loan in KS | |
|---|---|---|
| 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 Kansas | Pawnbrokers are licensed and regulated by Kansas; fees, terms and holding periods are set by state law | Allowed, up to $500; typical APR ~391% |
Lawrence at a glance
- Median household income
- $68,580
- Kansas: $78,365
- Poverty rate
- 18.4%
- Kansas: 11.8%
- Households under $25,000
- 20.3%
- Kansas: 14.4%
- A $400 emergency equals
- 2.1 days of income
Payday and installment loan stores in Lawrence
For comparison: storefront payday, installment and title lenders in Lawrence with addresses, phone numbers and hours.
| Address | Phone | Hours | Google rating |
|---|---|---|---|
| 601 Kasold Dr c104 Lawrence, KS 66049 | (785) 749-3800 | — | 4.7 |
| 2108 W 27th St Lawrence, KS 66047 | (785) 841-0311 | — | 4.9 |
| 2040 W 31st St Suite E Lawrence, KS 66046 | (785) 371-9050 | — | 5.0 |
| 1525 W 6th St Ste C Lawrence, KS 66044 | (785) 749-4594 | — | 4.0 |
| 1730 W 23rd St Lawrence, KS 66046 | (785) 229-0972 | — | 5.0 |
Pawn shops near Lawrence
More about Lawrence
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.