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 Houma, LA
4 pawn shops in and around Houma — 4.9 per 100,000 residents, compared with 3.2 across Louisiana. Call ahead to ask what they're buying and lending on today: inventory needs change weekly. Houma ranks #9 of 19 Louisiana cities with pawn shops by shops per resident.
- Pawn shops
- 4
- Pawn shops per 100k
- 4.9
- Louisiana: 3.2
- Big-chain shops
- 1
- Payday & loan stores
- 6
- Population
- 82,468
Pawn shops in Houma: addresses and phone numbers
| Pawn shop | Address | Phone | Website |
|---|---|---|---|
| Capital Pawn | 794 Grand Caillou Rd Houma, LA 70363 | (985) 868-4278 | capitalpawn.com |
| Cash America PawnChain | 1714 Martin Luther King Jr Blvd Houma, LA 70360 | (985) 872-1906 | firstcash.com |
| Fred's Pawn | 1406 E Tunnel Blvd Houma, LA 70363 | (985) 873-7296 | — |
| Top Dollar Pawn | 4843 Highway 182 Houma, LA 70364 | (985) 872-9938 | bigasspawnshop.com |
Pawn shops vs payday loan stores in Houma
Houma has 6 payday, installment and title loan stores but only 4 pawn shops.
Pawn shops
4
4.9 per 100k residents
Payday & loan stores
6
7.3 per 100k residents
5 store chains
Biggest loan store chains in Houma: Security Finance (2), 1st Franklin Financial (1), Advance America (1), Lendmark Financial Services (1), OneMain Financial (1).
Borrowing $350 for one month: payday vs pawn vs credit union
| Option | How it works | Cost for one month |
|---|---|---|
| Payday loan (~780% APR) | $68.62 fee every 2 weeks, renewed once | $137.24 |
| Pawn loan (example: 20% a month) | You leave an item worth more than the loan; repay to get it back | $70.00 |
| Credit union PAL (28% APR + $20 fee) | Repaid in installments; membership required | $28.17 |
- Payday cost, share of monthly household income in Houma
- 2.5%
- Pawn cost, share of monthly household income in Houma
- 1.3%
- A $400 emergency equals
- 2.2 days of income
Payday: the LA maximum — $68.62 on a $350 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 Louisiana 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 LA | |
|---|---|---|
| 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 Louisiana | Pawnbrokers are licensed and regulated by Louisiana; fees, terms and holding periods are set by state law | Allowed, up to $350; typical APR ~780% |
Houma at a glance
- Median household income
- $66,407
- Louisiana: $62,722
- Poverty rate
- 17.4%
- Louisiana: 19.0%
- Households under $25,000
- 19.1%
- Louisiana: 22.6%
- A $400 emergency equals
- 2.2 days of income
Payday and installment loan stores in Houma
For comparison: storefront payday, installment and title lenders in Houma with addresses, phone numbers and hours.
| Address | Phone | Hours | Google rating |
|---|---|---|---|
| Sunbelt Credit 6118 W Park Ave Houma, LA 70364 | (985) 857-3596 | — | 4.9 |
| 814 Grand Caillou Rd Suite 5a Houma, LA 70363 | (985) 873-8070 | — | 4.8 |
| 209 Bayou Gardens Blvd Ste I Houma, LA 70364 | (985) 223-0111 | — | 4.9 |
| 1058 Grand Caillou Road Houma, LA 70363 | (985) 876-6628 | Mon–Thu 10:00 AM – 6:00 PM Fri 9:00 AM – 6:00 PM Sat 9:00 AM – 1:00 PM Sun closed |
— |
| 1826 Martin Luther King Blvd Ste b Houma, LA 70360 | (985) 262-2090 | — | 4.9 |
| 5801 W Park Ave #104 Houma, LA 70364 | (985) 876-7986 | — | 4.4 |
Pawn shops near Houma
More about Houma
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.