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 Aiken, SC
1 pawn shop in Aiken — call ahead to ask what it's buying and lending on today.
- Pawn shops
- 1
- Pawn shops per 100k
- 1.3
- South Carolina: 3.2
- Big-chain shops
- 0
- Payday & loan stores
- 8
- Population
- 75,039
Pawn shops in Aiken: addresses and phone numbers
| Pawn shop | Address | Phone | Website |
|---|---|---|---|
| The Whiskey Trader LLC | 2173 Whiskey Rd Aiken, SC 29803 | (803) 226-0801 | thewhiskeytrader.com |
Pawn shops vs payday loan stores in Aiken
Aiken has 8 payday, installment and title loan stores but only 1 pawn shops.
Pawn shops
1
1.3 per 100k residents
Payday & loan stores
8
10.7 per 100k residents
7 store chains
Biggest loan store chains in Aiken: TitleMax (2), 1st Franklin Financial (1), Advance America (1), Check 'n Go (1), Lendmark Financial Services (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 Aiken
- 2.5%
- Pawn cost, share of monthly household income in Aiken
- 1.7%
- A $400 emergency equals
- 2.0 days of income
Payday: the SC 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 South Carolina 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 SC | |
|---|---|---|
| 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 South Carolina | Pawnbrokers are licensed and regulated by South Carolina; fees, terms and holding periods are set by state law | Allowed, up to $500; typical APR ~391% |
Aiken at a glance
- Median household income
- $71,318
- South Carolina: $69,406
- Poverty rate
- 14.7%
- South Carolina: 14.4%
- Households under $25,000
- 19.0%
- South Carolina: 17.7%
- A $400 emergency equals
- 2.0 days of income
Payday and installment loan stores in Aiken
For comparison: storefront payday, installment and title lenders in Aiken with addresses, phone numbers and hours.
| Address | Phone | Hours | Google rating |
|---|---|---|---|
| 1320 Richland Ave W Aiken, SC 29801 | (803) 502-2435 | — | 5.0 |
| 1932 Whiskey Rd Suite A Aiken, SC 29803 | (803) 648-7380 | — | 5.0 |
| 161 S Aiken Ln #470 Aiken, SC 29803 | (803) 642-7180 | — | 4.8 |
| 1573 Whiskey Rd. Aiken, SC 29803 | (803) 641-6257 | Mon–Fri 9:00 AM – 5:30 PM Sat–Sun closed |
— |
| 1704 Richland Ave W Aiken, SC 29801 | (803) 643-8043 | — | 5.0 |
| 2549 Whiskey Rd Aiken, SC 29803 | (803) 641-0559 | — | 4.4 |
| 2406 Whiskey Rd Aiken, SC 29803 | (803) 648-1306 | — | 4.7 |
| 3555 Richland Ave W #190 Aiken, SC 29801 | (803) 649-5366 | — | 3.6 |
Pawn shops near Aiken
More about Aiken
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.