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Pawn Shops vs Payday Loans in Syracuse, NY
7 pawn shops in and around Syracuse — 3.1 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. Syracuse ranks #13 of 36 New York cities with pawn shops by shops per resident.
- Pawn shops
- 7
- Pawn shops per 100k
- 3.1
- New York: 1.6
- Big-chain shops
- 0
- Payday & loan stores
- 1
- Population
- 229,027
Pawn shops in Syracuse: addresses and phone numbers
| Pawn shop | Address | Phone | Website |
|---|---|---|---|
| Mr. Pawn | 1900 Brewerton Rd Syracuse, NY 13211 | (315) 256-0284 | — |
| Once A Pawn | 2225 Brewerton Rd Salina, NY 13211 | (315) 480-1035 | — |
| Pawn King | 117 E Seneca Tpke Syracuse, NY 13205 | (315) 299-5731 | pawnkingny.com |
| Pawn King | 179 Shop City Plz Syracuse, NY 13206 | (315) 876-7296 | pawnkingny.com |
| Pawn King | 2013 W Genesee St Solvay, NY 13219 | (315) 876-9119 | pawnkingny.com |
| Pawn Pro | 2714 Erie Blvd E Syracuse, NY 13224 | (315) 449-1600 | pawnpro.com |
| Quick Cash Pawn & Jewelry | 2225 Brewerton Rd Syracuse, NY 13211 | (315) 877-0002 | quickcashpawn.net |
Pawn shops vs payday loan stores in Syracuse
Syracuse has 7 pawn shops and 1 payday, installment and title loan stores.
Pawn shops
7
3.1 per 100k residents
Payday & loan stores
1
0.4 per 100k residents
1 store chain
Biggest loan store chains in Syracuse: Mariner Finance (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 New York) | $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 Syracuse
- 3.0%
- Pawn cost, share of monthly household income in Syracuse
- 2.0%
- A $400 emergency equals
- 2.4 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
| Pawn loan | Payday loan in NY | |
|---|---|---|
| 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 New York | Pawnbrokers are licensed and regulated by New York; fees, terms and holding periods are set by state law | Storefront payday loans are not allowed in New York |
Syracuse at a glance
- Median household income
- $59,936
- New York: $93,193
- Poverty rate
- 22.5%
- New York: 13.8%
- Households under $25,000
- 27.0%
- New York: 16.1%
- A $400 emergency equals
- 2.4 days of income
Payday and installment loan stores in Syracuse
For comparison: storefront payday, installment and title lenders in Syracuse with addresses, phone numbers and hours.
| Address | Phone | Hours | Google rating |
|---|---|---|---|
| 3214 Erie Blvd E Syracuse, NY 13214 | (315) 449-1531 | — | 4.7 |
Pawn shops near Syracuse
More about Syracuse
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.