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 Norman, OK
6 pawn shops in and around Norman — 4.5 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. Norman ranks #6 of 8 Oklahoma cities with pawn shops by shops per resident.
- Pawn shops
- 6
- Pawn shops per 100k
- 4.5
- Oklahoma: 5.6
- Big-chain shops
- 2
- Payday & loan stores
- 7
- Population
- 133,176
Pawn shops in Norman: addresses and phone numbers
| Pawn shop | Address | Phone | Website |
|---|---|---|---|
| America's Pawn | 153 12th Ave SE Norman, OK 73071 | (405) 321-6500 | americaspawn.store |
| Esteban pawnshop | 3301 12th Ave SE Norman, OK 73072 | — | — |
| EZPAWNChain | 2321 W Main St Norman, OK 73069 | (405) 447-7296 | ezpawn.com |
| FED CASH GOLD BUYERS | 2292 W Main St Norman, OK 73069 | (405) 292-1800 | — |
| Golden Rule Pawn | 2207 W Main St Norman, OK 73069 | (405) 561-5626 | goldenrulepawnshop.com |
| Pawn PlusChain | 126 N Porter Ave Norman, OK 73071 | (405) 701-3950 | pawnplusnorman.com |
Pawn shops vs payday loan stores in Norman
Norman has 7 payday, installment and title loan stores but only 6 pawn shops.
Pawn shops
6
4.5 per 100k residents
Payday & loan stores
7
5.3 per 100k residents
6 store chains
Biggest loan store chains in Norman: Security Finance (2), Check 'n Go (1), Check Into Cash (1), Mariner Finance (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 Norman
- 2.6%
- Pawn cost, share of monthly household income in Norman
- 1.8%
- A $400 emergency equals
- 2.1 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% |
Norman at a glance
- Median household income
- $68,511
- Oklahoma: $66,838
- Poverty rate
- 16.7%
- Oklahoma: 15.4%
- Households under $25,000
- 17.5%
- Oklahoma: 17.8%
- A $400 emergency equals
- 2.1 days of income
Payday and installment loan stores in Norman
For comparison: storefront payday, installment and title lenders in Norman with addresses, phone numbers and hours.
| Address | Phone | Hours | Google rating |
|---|---|---|---|
| 1213 W Lindsey St Norman, OK 73069 | (405) 364-7131 | — | 4.9 |
| Continental Credit 1221 W Lindsey St Norman, OK 73069 | (405) 447-8889 | — | 4.9 |
| 1233 E Alameda St Norman, OK 73071 | (405) 307-9754 | — | 4.8 |
| 621 12th Ave NE Ste 100 Norman, OK 73071 | (405) 329-8449 | — | 4.7 |
| 3735 W Main St Norman, OK 73072 | (405) 754-1170 | — | 4.9 |
| 2409 Westport Dr Norman, OK 73069 | (405) 364-3922 | — | 4.4 |
| 1812 W Main St Norman, OK 73069 | (405) 364-8727 | — | 4.8 |
Pawn shops near Norman
More about Norman
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.