Pawn Shops vs Payday Loans in Bronx, NY

45 pawn shops in and around Bronx — 3.2 per 100,000 residents, compared with 1.6 across New York. Call ahead to ask what they're buying and lending on today: inventory needs change weekly. Bronx ranks #11 of 36 New York cities with pawn shops by shops per resident.

Pawn shops

45

Pawn shops per 100k

3.2

New York: 1.6

Big-chain shops

5

Payday & loan stores

0

Population

1,426,241

Pawn shops in Bronx: addresses and phone numbers

Pawn shops vs payday loan stores in Bronx

Bronx has 45 pawn shops, and we found no storefront payday loan chains.

Borrowing $500 for one month: payday vs pawn vs credit union

Payday cost, share of monthly household income in Bronx

3.5%

Pawn cost, share of monthly household income in Bronx

2.3%

A $400 emergency equals

2.8 days of income

Payday: a typical fee of $75 on a $500 loan for 2 weeks, paid twice for a one-month loan (New York 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 New York 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

Bronx at a glance

Median household income

$51,442

New York: $93,193

Poverty rate

27.0%

New York: 13.8%

Households under $25,000

30.6%

New York: 16.1%

A $400 emergency equals

2.8 days of income

Pawn shops near Bronx

• Mount Vernon · 1
• Astoria · 2
• Yonkers · 2
• Flushing · 2
• Jackson Heights · 2