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 Saint Paul, MN
9 pawn shops in and around Saint Paul — 1.1 per 100,000 residents, compared with 1.5 across Minnesota. Call ahead to ask what they're buying and lending on today: inventory needs change weekly. Saint Paul ranks #7 of 8 Minnesota cities with pawn shops by shops per resident.
- Pawn shops
- 9
- Pawn shops per 100k
- 1.1
- Minnesota: 1.5
- Big-chain shops
- 3
- Payday & loan stores
- 6
- Population
- 817,295
Pawn shops in Saint Paul: addresses and phone numbers
| Pawn shop | Address | Phone | Website |
|---|---|---|---|
| Excel Pawn And Jewelry | 1700 Rice St Maplewood, MN 55113 | (651) 488-0008 | excelpawn.com |
| maX it PAWN | 966 7th Street West Saint Paul, MN 55102 | (651) 228-1847 | ezpawn.com |
| Max It Pawn (1519 University Avenue West, Saint Paul) | 1519 University Ave W Saint Paul, MN 55104 | (651) 645-7772 | ezpawn.com |
| Max It Pawn (525 East 7th Street, Saint Paul) | 525 7th St E Saint Paul, MN 55101 | (651) 867-0995 | ezpawn.com |
| Pawn AmericaChain | 1682 S Robert St Ste 1 West St Paul, MN 55118 | (651) 457-5555 | pawnamerica.com |
| Pawn AmericaChain | 1715 Rice St Roseville, MN 55113 | (651) 487-1595 | pawnamerica.com |
| Pawn AmericaChain | 1885 Suburban Ave Ste 2 Saint Paul, MN 55119 | (651) 379-9116 | pawnamerica.com |
| Twin Cities Pawn | 1021 Century Ave N St Paul, MN 55119 | (651) 730-7296 | twincitiespawn.com |
| Twin Cities Pawn | 1021 Geneva Ave N Oakdale, MN 55128 | (651) 730-7296 | twincitiespawn.com |
Pawn shops vs payday loan stores in Saint Paul
Saint Paul has 9 pawn shops and 6 payday, installment and title loan stores.
Pawn shops
9
1.1 per 100k residents
Payday & loan stores
6
0.7 per 100k residents
3 store chains
Biggest loan store chains in Saint Paul: OneMain Financial (3), ACE Cash Express (2), loanDepot (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 Minnesota) | $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 Saint Paul
- 2.0%
- Pawn cost, share of monthly household income in Saint Paul
- 1.3%
- A $400 emergency equals
- 1.6 days of income
Payday: a typical fee of $75 on a $500 loan for 2 weeks, paid twice for a one-month loan (Minnesota 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 Minnesota 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 MN | |
|---|---|---|
| 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 Minnesota | Pawnbrokers are licensed and regulated by Minnesota; fees, terms and holding periods are set by state law | Storefront payday loans are not allowed in Minnesota |
Saint Paul at a glance
- Median household income
- $91,715
- Minnesota: $92,264
- Poverty rate
- 10.1%
- Minnesota: 9.4%
- Households under $25,000
- 11.2%
- Minnesota: 11.6%
- A $400 emergency equals
- 1.6 days of income
Payday and installment loan stores in Saint Paul
For comparison: storefront payday, installment and title lenders in Saint Paul with addresses, phone numbers and hours.
| Address | Phone | Hours | Google rating |
|---|---|---|---|
| 1270 Northland Dr #200 Mendota Heights, MN 55120 | (612) 852-3829 | — | 3.9 |
| 2645 White Bear Ave Maplewood, MN 55109 | (651) 777-3731 | — | 4.3 |
| 8300 Tamarack Village STE 112 Woodbury, MN 55125 | (651) 501-1736 | — | 4.0 |
| 1532 University Ave W Ste 100 St Paul, MN 55104 | (651) 645-3965 | — | 4.8 |
| 668 7th St W St Paul, MN 55102 | (651) 291-5246 | — | 4.4 |
| 1895 Plaza Dr #100 Eagan, MN 55122 | (651) 358-7950 | — | 4.9 |
Pawn shops near Saint Paul
More about Saint Paul
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.