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 Sumter, SC
6 pawn shops in and around Sumter — 7.2 per 100,000 residents, compared with 3.2 across South Carolina. Call ahead to ask what they're buying and lending on today: inventory needs change weekly. Sumter ranks #3 of 24 South Carolina cities with pawn shops by shops per resident.
- Pawn shops
- 6
- Pawn shops per 100k
- 7.2
- South Carolina: 3.2
- Big-chain shops
- 0
- Payday & loan stores
- 9
- Population
- 83,285
Pawn shops in Sumter: addresses and phone numbers
| Pawn shop | Address | Phone | Website |
|---|---|---|---|
| Pawn It Fast - Sumter | 251 Broad St Sumter, SC 29150 | (803) 883-4085 | pawnitfast.com |
| Reliable Pawn Shop | 33 W Liberty St Sumter, SC 29150 | (803) 773-7789 | reliablepawnshop.com |
| Shaw Gate Pawn & Loan Shop | 5435 Broad St Sumter, SC 29154 | (803) 494-2530 | — |
| Sumter Pawn | 705 Broad St Sumter, SC 29150 | (803) 436-0027 | sumterpawn.com |
| Top Dollar Pawn & Sales | 1990 Peach Orchard Rd Sumter, SC 29154 | (839) 287-1013 | topdollarpawnshop.com |
| Top Dollar Pawn Shop | 1961 Mccrays Mill Rd #G Sumter, SC 29150 | (803) 775-2500 | topdollarpawnshop.com |
Pawn shops vs payday loan stores in Sumter
Sumter has 9 payday, installment and title loan stores but only 6 pawn shops.
Pawn shops
6
7.2 per 100k residents
Payday & loan stores
9
10.8 per 100k residents
8 store chains
Biggest loan store chains in Sumter: Security Finance (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 Sumter
- 3.2%
- Pawn cost, share of monthly household income in Sumter
- 2.1%
- A $400 emergency equals
- 2.6 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% |
Sumter at a glance
- Median household income
- $55,908
- South Carolina: $69,406
- Poverty rate
- 14.9%
- South Carolina: 14.4%
- Households under $25,000
- 22.4%
- South Carolina: 17.7%
- A $400 emergency equals
- 2.6 days of income
Payday and installment loan stores in Sumter
For comparison: storefront payday, installment and title lenders in Sumter with addresses, phone numbers and hours.
| Address | Phone | Hours | Google rating |
|---|---|---|---|
| Sunbelt Credit 1155 N Guignard Dr Suite 1 Sumter, SC 29150 | (803) 775-2367 | — | 4.7 |
| 377 Rast St Sumter, SC 29150 | (803) 775-9384 | — | 5.0 |
| 210 E Wesmark Blvd Ste 1 Sumter, SC 29150 | (803) 774-2462 | — | 4.9 |
| 736 Bultman Drive Sumter, SC 29150 | (803) 938-8302 | Mon–Fri 9:00 AM – 5:30 PM Sat–Sun closed |
— |
| 1328 Broad St Suite 120 Sumter, SC 29150 | (803) 795-4577 | — | 4.9 |
| 2081 Wedgefield Rd Sumter, SC 29154 | (803) 720-5452 | — | 4.7 |
| 110 W Wesmark Blvd # C Sumter, SC 29150 | (803) 774-2290 | — | 4.5 |
| 1121 Broad St #17 Sumter, SC 29150 | (803) 773-7341 | — | 4.3 |
| 1021 Broad St Ste B Sumter, SC 29150 | (803) 774-6000 | — | 4.9 |
Pawn shops near Sumter
More about Sumter
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.