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Pawn Shops vs Payday Loans in Baltimore, MD
22 pawn shops in and around Baltimore — 3.7 per 100,000 residents, compared with 2.0 across Maryland. Call ahead to ask what they're buying and lending on today: inventory needs change weekly. Baltimore ranks #4 of 18 Maryland cities with pawn shops by shops per resident.
- Pawn shops
- 22
- Pawn shops per 100k
- 3.7
- Maryland: 2.0
- Big-chain shops
- 3
- Payday & loan stores
- 14
- Population
- 593,132
Pawn shops in Baltimore: addresses and phone numbers
| Pawn shop | Address | Phone | Website |
|---|---|---|---|
| Alpha Gold Exchange Inc | 2201 E Monument St Baltimore, MD 21205 | (410) 563-1300 | agxpawn.com |
| Cash USA | 1217 W North Ave Baltimore, MD 21217 | (410) 669-2274 | bmorecashusa.com |
| Cash USA | 2407 E Monument St Baltimore, MD 21205 | (410) 675-0033 | pawnshopsbaltimore.com |
| Catonsville Jewelry & Pawn | 5210 Baltimore National Pike A Baltimore, MD 21229 | (410) 744-0885 | catonsvillejewelry.com |
| Champion Pawn | 5509 Hamilton Ave Baltimore, MD 21206 | (410) 254-1110 | — |
| Champion Pawn and Jewelry | 5509 Harford Rd Baltimore, MD 21214 | (410) 254-1110 | championpawnbaltimore.com |
| Easy Pawn | 222 N Eutaw St Baltimore, MD 21201 | (410) 962-7296 | easypawn.net |
| Famous Pawn | 6623 Reisterstown Rd Baltimore, MD 21215 | (410) 358-5800 | firstcash.com |
| Famous Pawnbrokers | 1923 W Pratt St Baltimore, MD 21223 | (410) 233-9000 | firstcash.com |
| First Cash PawnChain | 1268 E. North Ave. Baltimore, MD 21202 | — | — |
| First Cash PawnChain | 3517 Eastern Ave Baltimore, MD 21224 | (410) 732-1133 | southeastcdc.org |
| First Cash PawnChain | 424 E 33rd St Baltimore, MD 21218 | (410) 235-7296 | firstcash.com |
| Gold Broker Pawn | 2135 W Patapsco Ave Baltimore, MD 21230 | (410) 644-6370 | goldbrokerpawn.com |
| Gold Trading Center II | Clifton Ave Baltimore, MD 21216 | (410) 362-8508 | goldtradingcenter2.com |
| Greenmount Loan and Jewelry | 3118 Greenmount Ave Baltimore, MD 21218 | (410) 243-3311 | greenmountloan.com |
| Lexington Brokers | 104 N Howard St Baltimore, MD 21201 | (410) 332-1994 | — |
| Lily Pad of Towson | 6907 York Rd Baltimore, MD 21212 | (410) 377-0025 | lilypadoftowson.com |
| Market Broker's Ltd | 2303 E Monument St Baltimore, MD 21205 | (410) 327-6811 | — |
| North Avenue Pawn | 3118 W North Ave Baltimore, MD 21216 | (410) 462-1800 | bmorecashusa.com |
| Northwestern Loan Company | 1701 Pennsylvania Ave Baltimore, MD 21217 | (410) 669-5454 | nwpawn.com |
| Plaza Jewelry Pawn Shop | 4125 Patterson Ave Baltimore, MD 21215 | (410) 358-0775 | ydavidjewelers.com |
| Stereo & Jewelry Exchange | 3349 Greenmount Ave Baltimore, MD 21218 | — | — |
Pawn shops vs payday loan stores in Baltimore
Baltimore has 22 pawn shops and 14 payday, installment and title loan stores.
Pawn shops
22
3.7 per 100k residents
Payday & loan stores
14
2.4 per 100k residents
2 store chains
Biggest loan store chains in Baltimore: ACE Cash Express (13), OneMain Financial (1).
Borrowing $500 for one month: payday vs pawn vs credit union
| Option | How it works | Cost for one month |
|---|---|---|
| Payday loan (not legal in Maryland) | $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 Baltimore
- 2.7%
- Pawn cost, share of monthly household income in Baltimore
- 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 (Maryland 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 Maryland 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 MD | |
|---|---|---|
| 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 Maryland | Pawnbrokers are licensed and regulated by Maryland; fees, terms and holding periods are set by state law | Storefront payday loans are not allowed in Maryland |
Baltimore at a glance
- Median household income
- $65,841
- Maryland: $108,948
- Poverty rate
- 18.9%
- Maryland: 9.5%
- Households under $25,000
- 22.7%
- Maryland: 11.0%
- A $400 emergency equals
- 2.2 days of income
Payday and installment loan stores in Baltimore
For comparison: storefront payday, installment and title lenders in Baltimore with addresses, phone numbers and hours.
| Address | Phone | Hours | Google rating |
|---|---|---|---|
| 1251 W Pratt St Baltimore, MD 21223 | (410) 576-2496 | — | 4.9 |
| 1439 W Patapsco Ave Baltimore, MD 21230 | (410) 355-0494 | — | 4.9 |
| 1600 W North Ave Baltimore, MD 21217 | (410) 225-9658 | — | 4.9 |
| 200 N Highland Ave #3 Baltimore, MD 21224 | (410) 327-2024 | — | 4.9 |
| 2200 E Monument St Baltimore, MD 21205 | (410) 327-1401 | — | 4.9 |
| 2329 Harford Rd Baltimore, MD 21218 | (410) 327-4350 | — | 4.9 |
| 3046 Greenmount Ave Baltimore, MD 21218 | (410) 243-4466 | — | 5.0 |
| 3441 Clifton Ave Baltimore, MD 21216 | (410) 945-2243 | — | 4.9 |
| 407 W Baltimore St Baltimore, MD 21201 | (410) 332-0632 | — | 4.9 |
| 428 E 33rd St Baltimore, MD 21218 | (410) 889-2274 | — | 4.9 |
| 5416 York Rd Baltimore, MD 21212 | (410) 323-9118 | — | 4.9 |
| 5500 Sinclair Ln Ste L Baltimore, MD 21206 | (410) 325-1514 | — | 4.8 |
| 5900 Pulaski Hwy Baltimore, MD 21205 | (410) 485-2226 | — | 4.9 |
| 1501 S Clinton St Ste 600 Baltimore, MD 21224 | (667) 856-2994 | — | — |
Pawn shops near Baltimore
More about Baltimore
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.