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 Reno, NV
9 pawn shops in and around Reno — 2.8 per 100,000 residents, compared with 3.2 across Nevada. Call ahead to ask what they're buying and lending on today: inventory needs change weekly. Reno ranks #4 of 6 Nevada cities with pawn shops by shops per resident.
- Pawn shops
- 9
- Pawn shops per 100k
- 2.8
- Nevada: 3.2
- Big-chain shops
- 2
- Payday & loan stores
- 18
- Population
- 322,956
Pawn shops in Reno: addresses and phone numbers
| Pawn shop | Address | Phone | Website |
|---|---|---|---|
| MetroPawn | 2625 Oddie Blvd Reno, NV 89512 | (775) 359-7296 | ezpawn.com |
| MetroPawn | 50 E Grove St Reno, NV 89502 | (775) 828-0770 | ezpawn.com |
| MetroPawn | 6150 S Virginia St Reno, NV 89502 | (775) 828-5454 | ezpawn.com |
| MetroPawn | 800 W 5th St Reno, NV 89503 | (775) 322-1030 | ezpawn.com |
| Palace Jewelry and Loan Company | 300 N Virginia St Reno, NV 89501 | (775) 322-2863 | thepalacejewelryandloan.com |
| Pawn World | 346 N Virginia St Reno, NV 89501 | (775) 337-8989 | pawnworldrenonv.com |
| Pioneer Jewelry & Loan | 195 N Virginia St Ste 2 Reno, NV 89501 | (775) 786-5626 | — |
| SuperpawnChain | 190 N Center St Reno, NV 89501 | (775) 323-2352 | superpawn.com |
| SuperpawnChain | 1980 Selmi Dr Reno, NV 89512 | (775) 324-2188 | firstcash.com |
Pawn shops vs payday loan stores in Reno
Reno has 18 payday, installment and title loan stores but only 9 pawn shops.
Pawn shops
9
2.8 per 100k residents
Payday & loan stores
18
5.6 per 100k residents
9 store chains
Biggest loan store chains in Reno: Dollar Loan Center (5), Moneytree (4), Check City (2), TitleMax (2), CASH 1 Loans (1).
Borrowing $500 for one month: payday vs pawn vs credit union
| Option | How it works | Cost for one month |
|---|---|---|
| Payday loan (~652%+ APR) | $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 Reno
- 2.1%
- Pawn cost, share of monthly household income in Reno
- 1.4%
- A $400 emergency equals
- 1.7 days of income
Payday: a typical fee of $75 on a $500 loan for 2 weeks, paid twice for a one-month loan (Nevada 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 Nevada 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 NV | |
|---|---|---|
| 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 Nevada | Pawnbrokers are licensed and regulated by Nevada; fees, terms and holding periods are set by state law | Allowed, up to 25% of gross income; typical APR ~652%+ |
Reno at a glance
- Median household income
- $87,673
- Nevada: $78,884
- Poverty rate
- 11.5%
- Nevada: 12.6%
- Households under $25,000
- 12.9%
- Nevada: 14.4%
- A $400 emergency equals
- 1.7 days of income
Payday and installment loan stores in Reno
For comparison: storefront payday, installment and title lenders in Reno with addresses, phone numbers and hours.
| Address | Phone | Hours | Google rating |
|---|---|---|---|
| 280 Vista Knoll Pkwy Reno, NV 89506 | (775) 800-8020 | — | 4.3 |
| 3304 S McCarran Blvd Reno, NV 89502 | (775) 856-2274 | — | 4.2 |
| 490 E Plumb Ln Reno, NV 89502 | (775) 829-2274 | — | 4.5 |
| 595 Keystone Ave Reno, NV 89503 | (775) 624-2274 | — | 4.2 |
| 748 S Meadows Pkwy Reno, NV 89521 | (775) 853-3334 | — | 4.4 |
| 2905 Clear Acre Ln Reno, NV 89512 | (775) 328-1000 | — | 4.7 |
| 5015 W 7th St Reno, NV 89523 | (775) 624-6669 | — | 4.8 |
| 5140 Kietzke Ln Ste C Reno, NV 89511 | (775) 825-6669 | — | 4.7 |
| 555 S Virginia St Ste 101 Reno, NV 89501 | (775) 329-6669 | — | 4.5 |
| 10590 N McCarran Blvd Reno, NV 89503 | (775) 996-1999 | — | 4.7 |
| 5220 Longley Ln Ste 400/500 Reno, NV 89511 | (775) 996-1990 | — | 4.9 |
| 3220 S Virginia St Reno, NV 89502 | (775) 828-2420 | — | 4.9 |
| 900 W 5th St Reno, NV 89503 | (775) 329-2516 | — | 4.9 |
| 5890 S Virginia St Bldg 1 Reno, NV 89502 | (775) 825-2555 | — | 4.8 |
| 180 W Peckham Ln #1140 Reno, NV 89509 | (775) 828-7677 | — | 3.3 |
| Rapid Cash 3650 S Virginia St Ste K-2 Reno, NV 89502 | (775) 636-9560 | — | 4.9 |
| 2870 Northtowne Ln Bldg A, Ste 105 Reno, NV 89512 | (775) 622-9283 | — | 4.8 |
| 5470 Kietzke Ln Ste 300 Off 349 Reno, NV 89511 | (775) 561-0250 | — | 3.5 |
Pawn shops near Reno
More about Reno
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.