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Pawn Shops vs Payday Loans in Lafayette, LA
8 pawn shops in and around Lafayette — 5.1 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. Lafayette ranks #7 of 19 Louisiana cities with pawn shops by shops per resident.
- Pawn shops
- 8
- Pawn shops per 100k
- 5.1
- Louisiana: 3.2
- Big-chain shops
- 1
- Payday & loan stores
- 11
- Population
- 155,968
Pawn shops in Lafayette: addresses and phone numbers
| Pawn shop | Address | Phone | Website |
|---|---|---|---|
| Able Pawn & Jewelry | 1920 W University Ave Lafayette, LA 70506 | (337) 232-7800 | ablepawnjewelry.placeweb.site |
| Acadian Pawn Shop | 110 Guilbeau Rd Lafayette, LA 70506 | (337) 534-4653 | acadianpawn.com |
| Acadian Pawn Shop | 1304 Moss St Lafayette, LA 70501 | (337) 269-9462 | acadianpawn.com |
| Bayou State Pawn & Jewelry | 2012 Johnston St Lafayette, LA 70503 | (337) 233-3695 | bayoustatepawnandjewelry.com |
| Bayou State Pawn & Jewelry #2 | 1308 Moss St Lafayette, LA 70501 | (337) 235-4422 | — |
| Cash America PawnChain | 418 Bertrand Dr Lafayette, LA 70506 | (337) 232-9309 | firstcash.com |
| Pawn Smart Inc | 2808 Johnston St Lafayette, LA 70503 | (337) 232-2004 | pawnsmartshop.com |
| Pinhook Pawn | 3404 W Pinhook Rd Lafayette, LA 70508 | (337) 504-5032 | myspace.com |
Pawn shops vs payday loan stores in Lafayette
Lafayette has 11 payday, installment and title loan stores but only 8 pawn shops.
Pawn shops
8
5.1 per 100k residents
Payday & loan stores
11
7.1 per 100k residents
7 store chains
Biggest loan store chains in Lafayette: ACE Cash Express (4), OneMain Financial (2), 1st Franklin Financial (1), Advance America (1), Check Into Cash (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 Lafayette
- 2.4%
- Pawn cost, share of monthly household income in Lafayette
- 1.2%
- 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% |
Lafayette at a glance
- Median household income
- $67,856
- Louisiana: $62,722
- Poverty rate
- 18.5%
- Louisiana: 19.0%
- Households under $25,000
- 21.3%
- Louisiana: 22.6%
- A $400 emergency equals
- 2.2 days of income
Payday and installment loan stores in Lafayette
For comparison: storefront payday, installment and title lenders in Lafayette with addresses, phone numbers and hours.
| Address | Phone | Hours | Google rating |
|---|---|---|---|
| 100 E Willow St Lafayette, LA 70501 | (337) 269-5994 | — | 4.9 |
| 2222 Ambassador Caffery Pkwy Lafayette, LA 70506 | (337) 216-0086 | — | 4.8 |
| 4702 Johnston St Unit A-1 Lafayette, LA 70503 | (337) 989-2274 | — | 5.0 |
| 600 NW Evangeline Thruway Lafayette, LA 70501 | (337) 232-2274 | — | 5.0 |
| 104 E Kaliste Saloom Rd Lafayette, LA 70508 | (337) 235-1658 | — | 4.1 |
| 4400 Ambassador Caffery Pkwy G Lafayette, LA 70508 | (337) 984-5000 | — | 4.3 |
| 143 Arnould Blvd Lafayette, LA 70506 | (337) 988-9979 | — | 4.9 |
| 3148 Ambassador Caffery Pkwy., Ste. #102 Lafayette, LA 70506 | (337) 984-6142 | Mon–Thu 10:00 AM – 6:00 PM Fri 9:00 AM – 6:00 PM Sat 9:00 AM – 1:00 PM Sun closed |
— |
| 200 Production Dr Ste 13 Lafayette, LA 70508 | (337) 232-6391 | — | 5.0 |
| 3619 Ambassador Caffery Pkwy Ste E Lafayette, LA 70503 | (337) 915-0300 | — | 4.9 |
| 411 Lee Ave Lafayette, LA 70501 | (337) 237-0098 | — | 4.9 |
Pawn shops near Lafayette
More about Lafayette
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.