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 Lawton, OK
7 pawn shops in and around Lawton — 7.8 per 100,000 residents, compared with 5.6 across Oklahoma. Call ahead to ask what they're buying and lending on today: inventory needs change weekly. Lawton ranks #1 of 8 Oklahoma cities with pawn shops by shops per resident.
- Pawn shops
- 7
- Pawn shops per 100k
- 7.8
- Oklahoma: 5.6
- Big-chain shops
- 0
- Payday & loan stores
- 9
- Population
- 89,537
Pawn shops in Lawton: addresses and phone numbers
| Pawn shop | Address | Phone | Website |
|---|---|---|---|
| Action Pawn | 905 SW 11th St Lawton, OK 73501 | (580) 248-0530 | actionpawnlawton.com |
| Buck's Pawn Shop | 1413 SW Lee Blvd Lawton, OK 73501 | (580) 355-7363 | buck-s-pawn-shop.hub.biz |
| Frog's Pawn | 515 SW Lee Blvd Lawton, OK 73501 | (580) 353-8775 | frogspawnandgun.com |
| Honest Harry's Pawn and Shop | 401 SW 11th St #4206 Lawton, OK 73501 | (580) 248-9448 | — |
| Maverick Pawn Shop | 912 SW 11th St Lawton, OK 73501 | (580) 357-4911 | facebook.com |
| People's Trading Post | 6504 NW Cache Rd a Lawton, OK 73505 | (580) 512-4807 | — |
| Rocket Pawn & Jewelry | 2414 W Gore Blvd Lawton, OK 73505 | (580) 353-0982 | — |
Pawn shops vs payday loan stores in Lawton
Lawton has 9 payday, installment and title loan stores but only 7 pawn shops.
Pawn shops
7
7.8 per 100k residents
Payday & loan stores
9
10.1 per 100k residents
7 store chains
Biggest loan store chains in Lawton: Security Finance (3), ACE Cash Express (1), Advance America (1), Check 'n Go (1), OneMain Financial (1).
Borrowing $500 for one month: payday vs pawn vs credit union
| Option | How it works | Cost for one month |
|---|---|---|
| Payday loan (~391% 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 Lawton
- 3.2%
- Pawn cost, share of monthly household income in Lawton
- 2.1%
- A $400 emergency equals
- 2.6 days of income
Payday: the OK maximum — $75 on a $500 loan for 2 weeks, paid twice for a one-month loan. Pawn: an example rate of 20% a month; pawn fees and interest are set by Oklahoma 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. Income: U.S. Census Bureau, American Community Survey.
Pawn loan vs payday loan: the key differences
| Pawn loan | Payday loan in OK | |
|---|---|---|
| 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 Oklahoma | Pawnbrokers are licensed and regulated by Oklahoma; fees, terms and holding periods are set by state law | Allowed, up to $500; typical APR ~391% |
Lawton at a glance
- Median household income
- $56,455
- Oklahoma: $66,838
- Poverty rate
- 20.2%
- Oklahoma: 15.4%
- Households under $25,000
- 21.8%
- Oklahoma: 17.8%
- A $400 emergency equals
- 2.6 days of income
Payday and installment loan stores in Lawton
For comparison: storefront payday, installment and title lenders in Lawton with addresses, phone numbers and hours.
| Address | Phone | Hours | Google rating |
|---|---|---|---|
| 1036 NW 38th St Lawton, OK 73505 | (580) 353-2500 | — | 4.9 |
| A&A Finance 1314 W Gore Blvd Suite 5 Lawton, OK 73501 | (580) 248-5864 | — | 4.0 |
| 2412 NW Cache Rd Ste D Lawton, OK 73505 | (580) 353-6820 | — | 5.0 |
| 610 NW Sheridan Rd Lawton, OK 73505 | (580) 357-2221 | — | 4.8 |
| 5334 NW Cache Rd., Ste. A Lawton, OK 73505 | (580) 591-0333 | Mon–Fri 9:00 AM – 5:30 PM Sat 10:00 AM – 1:00 PM Sun closed |
— |
| 2205 NW Cache Rd Lawton, OK 73505 | (580) 595-9287 | — | 4.9 |
| 2412 NW Cache Rd Ste E Lawton, OK 73505 | (580) 248-4473 | — | 4.1 |
| 1319 NW Sheridan Rd Lawton, OK 73505 | (580) 353-8090 | — | 4.9 |
| Shamrock Finance 2926 NW Cache Rd Lawton, OK 73505 | (580) 581-7235 | — | 4.8 |
Pawn shops near Lawton
More about Lawton
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.