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 Toledo, OH
8 pawn shops in and around Toledo — 2.7 per 100,000 residents, compared with 2.0 across Ohio. Call ahead to ask what they're buying and lending on today: inventory needs change weekly. Toledo ranks #15 of 26 Ohio cities with pawn shops by shops per resident.
- Pawn shops
- 8
- Pawn shops per 100k
- 2.7
- Ohio: 2.0
- Big-chain shops
- 3
- Payday & loan stores
- 5
- Population
- 299,334
Pawn shops in Toledo: addresses and phone numbers
| Pawn shop | Address | Phone | Website |
|---|---|---|---|
| 419 Deals | 3180 Bellevue Rd Toledo, OH 43606 | (419) 823-7779 | 419dental.com |
| Cash America PawnChain | 2119 N. Reynolds Rd. Toledo, OH 43615 | — | — |
| Cash America PawnChain | 4240 Secor Rd. Toledo, OH 43623 | — | — |
| Cashamerica Pawn | 5037 Lewis Ave Toledo, OH 43612 | (419) 470-1661 | firstcash.com |
| CashlandChain | 522 S Reynolds Rd Ste C Toledo, OH 43615 | (419) 578-9498 | cashland.com |
| Demi Mart LLC | 1004 N Summit St Toledo, OH 43604 | (419) 255-7296 | demimart.com |
| Main Street Thrifties | 504 Main St Toledo, OH 43605 | (419) 467-4897 | — |
| Toledo Gold Exchange | 807 Woodville Rd Toledo, OH 43605 | (419) 720-1999 | toledogoldexchange.com |
Pawn shops vs payday loan stores in Toledo
Toledo has 8 pawn shops and 5 payday, installment and title loan stores.
Pawn shops
8
2.7 per 100k residents
Payday & loan stores
5
1.7 per 100k residents
4 store chains
Biggest loan store chains in Toledo: OneMain Financial (2), Advance America (1), Lendmark Financial Services (1), Mariner Finance (1).
Borrowing $500 for one month: payday vs pawn vs credit union
| Option | How it works | Cost for one month |
|---|---|---|
| Payday loan (~28% 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 Toledo
- 3.4%
- Pawn cost, share of monthly household income in Toledo
- 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 (Ohio 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 Ohio 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 OH | |
|---|---|---|
| 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 Ohio | Pawnbrokers are licensed and regulated by Ohio; fees, terms and holding periods are set by state law | Allowed, up to $1,000; typical APR ~28% |
Toledo at a glance
- Median household income
- $52,956
- Ohio: $74,030
- Poverty rate
- 22.7%
- Ohio: 13.3%
- Households under $25,000
- 25.2%
- Ohio: 16.4%
- A $400 emergency equals
- 2.8 days of income
Payday and installment loan stores in Toledo
For comparison: storefront payday, installment and title lenders in Toledo with addresses, phone numbers and hours.
| Address | Phone | Hours | Google rating |
|---|---|---|---|
| 5215 Monroe St Toledo, OH 43623 | (419) 843-4208 | — | 4.1 |
| 5950 Airport Hwy Ste 1 Toledo, OH 43615 | (419) 866-4333 | — | 4.4 |
| 1744 W. Laskey Road Toledo, OH 43613 | (419) 474-2223 | Mon–Thu 10:00 AM – 6:00 PM Fri 9:00 AM – 6:00 PM Sat–Sun closed |
— |
| 5380 Monroe St Ste 1 Toledo, OH 43623 | (419) 882-2712 | — | 4.3 |
| 4038 Talmadge Rd #102 Toledo, OH 43623 | (567) 316-6088 | — | 4.9 |
Pawn shops near Toledo
More about Toledo
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.