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Pawn Shops vs Payday Loans in Rocky Mount, NC
5 pawn shops in and around Rocky Mount — 7.2 per 100,000 residents, compared with 3.5 across North Carolina. Call ahead to ask what they're buying and lending on today: inventory needs change weekly. Rocky Mount ranks #8 of 34 North Carolina cities with pawn shops by shops per resident.
- Pawn shops
- 5
- Pawn shops per 100k
- 7.2
- North Carolina: 3.5
- Big-chain shops
- 0
- Payday & loan stores
- 6
- Population
- 69,332
Pawn shops in Rocky Mount: addresses and phone numbers
| Pawn shop | Address | Phone | Website |
|---|---|---|---|
| American Jewelry & Pawn | 4510 Sunset Ave Rocky Mount, NC 27804 | (252) 937-4482 | americanjewelryandpawn.com |
| Carolina Jewelry Pawn and Gun | 3321 Sunset Ave Rocky Mount, NC 27804 | (252) 443-1668 | cjpgnc.com |
| Infinity Pawn | 200 N Fairview Rd Rocky Mount, NC 27801 | (252) 231-2992 | — |
| Quick Cash Pawn | 850 W Raleigh Blvd Rocky Mount, NC 27803 | (252) 212-3377 | firstcash.com |
| Quick Cash Pawn Of Rocky Mountain | 4461 Sunset Ave Rocky Mount, NC 27804 | (252) 937-7296 | firstcash.com |
Pawn shops vs payday loan stores in Rocky Mount
Rocky Mount has 6 payday, installment and title loan stores but only 5 pawn shops.
Pawn shops
5
7.2 per 100k residents
Payday & loan stores
6
8.7 per 100k residents
4 store chains
Biggest loan store chains in Rocky Mount: ACE Cash Express (3), 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 (not legal in North Carolina) | $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 Rocky Mount
- 3.3%
- Pawn cost, share of monthly household income in Rocky Mount
- 2.2%
- A $400 emergency equals
- 2.7 days of income
Payday: a typical fee of $75 on a $500 loan for 2 weeks, paid twice for a one-month loan (North Carolina 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 North Carolina 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 NC | |
|---|---|---|
| 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 North Carolina | Pawnbrokers are licensed and regulated by North Carolina; fees, terms and holding periods are set by state law | Storefront payday loans are not allowed in North Carolina |
Rocky Mount at a glance
- Median household income
- $54,251
- North Carolina: $74,061
- Poverty rate
- 18.5%
- North Carolina: 13.2%
- Households under $25,000
- 22.1%
- North Carolina: 16.3%
- A $400 emergency equals
- 2.7 days of income
Payday and installment loan stores in Rocky Mount
For comparison: storefront payday, installment and title lenders in Rocky Mount with addresses, phone numbers and hours.
| Address | Phone | Hours | Google rating |
|---|---|---|---|
| 103 S Fairview Rd Rocky Mount, NC 27801 | (252) 977-9909 | — | 5.0 |
| 3472 Sunset Ave Rocky Mount, NC 27804 | (252) 443-0220 | — | 4.9 |
| 713 W Raleigh Blvd Rocky Mount, NC 27803 | (252) 985-3444 | — | 4.9 |
| 1539 Benvenue Rd Rocky Mount, NC 27804 | (252) 977-3541 | — | 4.4 |
| 1364 Benvenue Rd Rocky Mount, NC 27804 | (252) 977-2223 | — | 4.8 |
| 1487 Benvenue Rd Ste AZ-03 Rocky Mount, NC 27804 | (252) 977-2425 | — | 4.7 |
Pawn shops near Rocky Mount
More about Rocky Mount
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.