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 Chattanooga, TN
8 pawn shops in and around Chattanooga — 3.8 per 100,000 residents, compared with 3.7 across Tennessee. Call ahead to ask what they're buying and lending on today: inventory needs change weekly. Chattanooga ranks #12 of 23 Tennessee cities with pawn shops by shops per resident.
- Pawn shops
- 8
- Pawn shops per 100k
- 3.8
- Tennessee: 3.7
- Big-chain shops
- 4
- Payday & loan stores
- 21
- Population
- 213,011
Pawn shops in Chattanooga: addresses and phone numbers
| Pawn shop | Address | Phone | Website |
|---|---|---|---|
| Big Bucks Pawn | 1904 Dayton Blvd Chattanooga, TN 37415 | (423) 531-6666 | noogapawn.com |
| Cash America PawnChain | 1904 E 23rd St Chattanooga, TN 37404 | (423) 622-9578 | firstcash.com |
| Cash America PawnChain | 5220 Brainerd Rd Chattanooga, TN 37411 | (423) 893-7296 | find.cashamerica.us |
| EZPAWNChain | 3601 Rossville Blvd Chattanooga, TN 37407 | (423) 867-1630 | ezpawn.com |
| EZPAWNChain | 5712 Lee Hwy Chattanooga, TN 37421 | (423) 296-1677 | ezpawn.com |
| Les' Pawn Shop | 4742 Tn-58 Chattanooga, TN 37416 | (423) 702-5868 | — |
| Mega Pawn | 6001 Ringgold Rd East Ridge, TN 37412 | (423) 510-8484 | megapawneastridge.com |
| U.S. Money Shops | 5952 Brainerd Rd Chattanooga, TN 37421 | (423) 499-9523 | stores.usmoneyshops.com |
Pawn shops vs payday loan stores in Chattanooga
Chattanooga has 21 payday, installment and title loan stores but only 8 pawn shops.
Pawn shops
8
3.8 per 100k residents
Payday & loan stores
21
9.9 per 100k residents
10 store chains
Biggest loan store chains in Chattanooga: Advance Financial (5), TitleMax (4), Speedy Cash (3), Advance America (2), OneMain Financial (2).
Borrowing $500 for one month: payday vs pawn vs credit union
| Option | How it works | Cost for one month |
|---|---|---|
| Payday loan (~460% 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 Chattanooga
- 2.8%
- Pawn cost, share of monthly household income in Chattanooga
- 1.9%
- A $400 emergency equals
- 2.3 days of income
Payday: the TN 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 Tennessee 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 TN | |
|---|---|---|
| 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 Tennessee | Pawnbrokers are licensed and regulated by Tennessee; fees, terms and holding periods are set by state law | Allowed, up to $500; typical APR ~460% |
Chattanooga at a glance
- Median household income
- $64,021
- Tennessee: $71,256
- Poverty rate
- 16.9%
- Tennessee: 13.9%
- Households under $25,000
- 18.7%
- Tennessee: 17.1%
- A $400 emergency equals
- 2.3 days of income
Payday and installment loan stores in Chattanooga
For comparison: storefront payday, installment and title lenders in Chattanooga with addresses, phone numbers and hours.
| Address | Phone | Hours | Google rating |
|---|---|---|---|
| 3401 Rossville Blvd Chattanooga, TN 37407 | (423) 388-4468 | — | 4.3 |
| 3516 Dayton Blvd Chattanooga, TN 37415 | (423) 254-5117 | — | 5.0 |
| 3536 Brainerd Rd 108 Suite 108 Chattanooga, TN 37411 | (423) 353-9290 | — | 4.5 |
| 3975 Hixson Pike Chattanooga, TN 37415 | (423) 389-9087 | — | 3.3 |
| 4727 TN-58 Chattanooga, TN 37416 | (423) 426-5123 | — | 4.7 |
| 4317 Ringgold Rd East Ridge, TN 37412 | (423) 624-0004 | — | 4.9 |
| 4425 TN-58 Chattanooga, TN 37416 | (423) 553-1160 | — | 4.9 |
| 4720 Rossville Blvd Chattanooga, TN 37407 | (423) 867-8099 | — | 4.9 |
| 6215 Lee Hwy Ste. A Chattanooga, TN 37421 | (423) 553-0055 | — | 4.9 |
| 5900 Brainerd Rd Chattanooga, TN 37411 | (423) 892-3294 | — | 4.9 |
| 6101 Ringgold Rd East Ridge, TN 37412 | (423) 499-5900 | — | 4.9 |
| 7200 Shallowford Rd Ste 113 Chattanooga, TN 37421 | (423) 933-3750 | — | 4.8 |
| 4340 Ringgold Road, Ste. 160 East Ridge, TN 37412 | (423) 629-1657 | Mon–Fri 10:00 AM – 6:00 PM Sat–Sun closed |
— |
| 5250 Brainerd Road, Ste. 102 Chattanooga, TN 37411 | (423) 855-1903 | Mon–Fri 10:00 AM – 6:00 PM Sat–Sun closed |
— |
| 4345 Ringgold Rd #101 East Ridge, TN 37412 | (423) 697-0714 | — | 3.9 |
| 6231 Perimeter Dr #183 Chattanooga, TN 37421 | (423) 899-2456 | — | 4.6 |
| 3800 Tennessee Ave #136 Chattanooga, TN 37409 | (423) 822-9803 | — | 5.0 |
| 2372 Lifestyle Way #170 Chattanooga, TN 37421 | (423) 892-6561 | — | 4.0 |
| 7000 Lee Hwy #400 Chattanooga, TN 37421 | (423) 805-5373 | — | 4.8 |
| 3736 Ringgold Rd Chattanooga, TN 37412 | (423) 892-3311 | — | 4.9 |
| 200 W M.L.K. Blvd #1052 Chattanooga, TN 37402 | (615) 627-4010 | — | 4.8 |
Pawn shops near Chattanooga
More about Chattanooga
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.