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Pawn Shops vs Payday Loans in Wilmington, NC
13 pawn shops in and around Wilmington — 6.1 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. Wilmington ranks #13 of 34 North Carolina cities with pawn shops by shops per resident.
- Pawn shops
- 13
- Pawn shops per 100k
- 6.1
- North Carolina: 3.5
- Big-chain shops
- 0
- Payday & loan stores
- 9
- Population
- 212,039
Pawn shops in Wilmington: addresses and phone numbers
| Pawn shop | Address | Phone | Website |
|---|---|---|---|
| Brothers In Arms Pawn | 5941 Carolina Beach Rd Wilmington, NC 28412 | (910) 392-0918 | gunstores.net |
| Hanover Jewelry & Pawn | 5601 Carolina Beach Rd Wilmington, NC 28412 | (910) 793-1205 | hanoverpawn.com |
| Jim's Pawn & Guns | 4212 Oleander Dr Wilmington, NC 28403 | (910) 799-7314 | jimsgunwarehouse.com |
| National Pawn | 1702 Dawson St Wilmington, NC 28403 | — | — |
| National Pawn | 5030 Market St Wilmington, NC 28405 | — | — |
| National Pawn and Jewelry | 1319 S College Rd Wilmington, NC 28403 | (910) 793-3333 | collegeroadanimalhospital.com |
| Opm Pawn | 2245 Carolina Beach Rd Ste A Wilmington, NC 28401 | (910) 763-5930 | — |
| Pawn South | 1818 Oleander Drive Wilmington, NC 28403 | — | — |
| Pawn South Carolina Beach Rd. | 2054 Carolina Beach Rd Wilmington, NC 28401 | (910) 251-1494 | firstcash.com |
| Pawn Usa | 2392 Carolina Beach Rd Wilmington, NC 28401 | (910) 251-1750 | pawnusa.net |
| Pawn USA | 3922 Market St Wilmington, NC 28403 | (910) 763-7682 | pawnusa.net |
| Pawn Usa | 4127 Oleander Dr Wilmington, NC 28403 | (910) 392-1177 | pawnusa.net |
| South Square Pawn | 2392 Carolina Beach Rd Wilmington, NC 28401 | (910) 251-1200 | pawnusa.net |
Pawn shops vs payday loan stores in Wilmington
Wilmington has 13 pawn shops and 9 payday, installment and title loan stores.
Pawn shops
13
6.1 per 100k residents
Payday & loan stores
9
4.2 per 100k residents
5 store chains
Biggest loan store chains in Wilmington: Lendmark Financial Services (3), ACE Cash Express (2), OneMain Financial (2), Mariner Finance (1), 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 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 Wilmington
- 2.4%
- Pawn cost, share of monthly household income in Wilmington
- 1.6%
- A $400 emergency equals
- 2.0 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 |
Wilmington at a glance
- Median household income
- $74,239
- North Carolina: $74,061
- Poverty rate
- 12.6%
- North Carolina: 13.2%
- Households under $25,000
- 15.2%
- North Carolina: 16.3%
- A $400 emergency equals
- 2.0 days of income
Payday and installment loan stores in Wilmington
For comparison: storefront payday, installment and title lenders in Wilmington with addresses, phone numbers and hours.
| Address | Phone | Hours | Google rating |
|---|---|---|---|
| 4720 New Centre Dr Unit E Wilmington, NC 28405 | (910) 794-1231 | — | 4.5 |
| 5120 College Rd #115 Wilmington, NC 28412 | (910) 444-2677 | — | 4.3 |
| 8254 Market St Ste 109 Wilmington, NC 28411 | (910) 777-5521 | — | 4.2 |
| 1709 Dawson St Wilmington, NC 28403 | (910) 762-2620 | — | 5.0 |
| 4402 Market St Wilmington, NC 28403 | (910) 762-2274 | — | 4.9 |
| 132 Racine Dr #5 Wilmington, NC 28403 | (910) 395-5353 | — | 4.3 |
| 5120 College Rd #121 Wilmington, NC 28412 | (910) 392-3070 | — | 4.8 |
| 352 College Rd #23 Wilmington, NC 28403 | (910) 791-7843 | — | 4.7 |
| 5911 Oleander Dr #100 Wilmington, NC 28403 | (336) 554-8910 | — | 4.0 |
Pawn shops near Wilmington
More about Wilmington
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.