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 Gulfport, MS
3 pawn shops in and around Gulfport — 3.2 per 100,000 residents, compared with 5.1 across Mississippi. Call ahead to ask what they're buying and lending on today: inventory needs change weekly. Gulfport ranks #7 of 8 Mississippi cities with pawn shops by shops per resident.
- Pawn shops
- 3
- Pawn shops per 100k
- 3.2
- Mississippi: 5.1
- Big-chain shops
- 0
- Payday & loan stores
- 7
- Population
- 94,920
Pawn shops in Gulfport: addresses and phone numbers
| Pawn shop | Address | Phone | Website |
|---|---|---|---|
| Dad's Super Pawn | 3125 25th Ave Gulfport, MS 39501 | (228) 864-2602 | dadssuperpawn.com |
| Jay Jays Pawn & Jewelry | 1600 25th Ave Gulfport, MS 39501 | (228) 864-3194 | — |
| JB's Pawn & Jewelry | 2000 Pass Rd Gulfport, MS 39501 | (228) 864-8648 | jbspawnandgun.com |
Pawn shops vs payday loan stores in Gulfport
Gulfport has 7 payday, installment and title loan stores but only 3 pawn shops.
Pawn shops
3
3.2 per 100k residents
Payday & loan stores
7
7.4 per 100k residents
7 store chains
Biggest loan store chains in Gulfport: 1st Franklin Financial (1), Advance America (1), Lendmark Financial Services (1), Mariner Finance (1), OneMain Financial (1).
Borrowing $500 for one month: payday vs pawn vs credit union
| Option | How it works | Cost for one month |
|---|---|---|
| Payday loan (~521% APR) | $100.00 fee every 2 weeks, renewed once | $200.00 |
| 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 Gulfport
- 4.6%
- Pawn cost, share of monthly household income in Gulfport
- 2.3%
- A $400 emergency equals
- 2.8 days of income
Payday: the MS maximum — $100 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 Mississippi 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 MS | |
|---|---|---|
| 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 Mississippi | Pawnbrokers are licensed and regulated by Mississippi; fees, terms and holding periods are set by state law | Allowed, up to $500; typical APR ~521% |
Gulfport at a glance
- Median household income
- $52,324
- Mississippi: $57,184
- Poverty rate
- 21.5%
- Mississippi: 19.2%
- Households under $25,000
- 22.7%
- Mississippi: 23.8%
- A $400 emergency equals
- 2.8 days of income
Payday and installment loan stores in Gulfport
For comparison: storefront payday, installment and title lenders in Gulfport with addresses, phone numbers and hours.
| Address | Phone | Hours | Google rating |
|---|---|---|---|
| 12261 US 49 Ste 15 Gulfport, MS 39503 | (228) 539-9336 | — | 4.9 |
| 12373 Hwy. 49, Ste. #1 Gulfport, MS 39503 | (228) 539-6268 | Mon–Thu 10:00 AM – 6:00 PM Fri 9:00 AM – 6:00 PM Sat–Sun closed |
— |
| 15232 Crossroads Pkwy Gulfport, MS 39503 | (228) 222-2040 | — | 4.7 |
| 11010 US 49 Ste 10 Gulfport, MS 39503 | (228) 864-4242 | — | 4.7 |
| 9471 Three Rivers Rd Ste C-3 Gulfport, MS 39503 | (228) 863-3070 | — | 4.5 |
| 9240 US 49 Gulfport, MS 39503 | (228) 214-5077 | — | 4.9 |
| 19 Pass Rd Gulfport, MS 39507 | (228) 200-0338 | — | 5.0 |
Pawn shops near Gulfport
More about Gulfport
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.