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Pawn Shops vs Payday Loans in Jackson, TN
6 pawn shops in and around Jackson — 6.9 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. Jackson ranks #4 of 23 Tennessee cities with pawn shops by shops per resident.
- Pawn shops
- 6
- Pawn shops per 100k
- 6.9
- Tennessee: 3.7
- Big-chain shops
- 0
- Payday & loan stores
- 12
- Population
- 86,702
Pawn shops in Jackson: addresses and phone numbers
| Pawn shop | Address | Phone | Website |
|---|---|---|---|
| Affordable Jewelry & Pawn Shop | 715 Old Hickory Blvd Jackson, TN 38305 | (731) 668-5830 | jacksonjewelryandpawn.net |
| Bemis Pawn | 1415 S Highland Ave Jackson, TN 38301 | — | — |
| Cash Today Pawn | 200 E Chester St Jackson, TN 38301 | (731) 422-3881 | cashtodaypawn.net |
| Cashmaster | 1410 E Chester St Ste C Jackson, TN 38301 | (731) 422-9197 | yourcashmaster.com |
| Krasner Pawn & Jewelry | 2156 N Highland Ave Jackson, TN 38305 | (731) 664-8484 | krasnerpawn.com |
| Sadie Lou's Gun & Pawn LLC | 15 D St Jackson, TN 38301 | (731) 736-2730 | sadielousgunpawnllc.com |
Pawn shops vs payday loan stores in Jackson
Jackson has 12 payday, installment and title loan stores but only 6 pawn shops.
Pawn shops
6
6.9 per 100k residents
Payday & loan stores
12
13.8 per 100k residents
9 store chains
Biggest loan store chains in Jackson: Advance Financial (2), OneMain Financial (2), TitleMax (2), 1st Franklin Financial (1), Advance America (1).
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 Jackson
- 3.2%
- Pawn cost, share of monthly household income in Jackson
- 2.1%
- A $400 emergency equals
- 2.6 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% |
Jackson at a glance
- Median household income
- $56,207
- Tennessee: $71,256
- Poverty rate
- 20.5%
- Tennessee: 13.9%
- Households under $25,000
- 23.6%
- Tennessee: 17.1%
- A $400 emergency equals
- 2.6 days of income
Payday and installment loan stores in Jackson
For comparison: storefront payday, installment and title lenders in Jackson with addresses, phone numbers and hours.
| Address | Phone | Hours | Google rating |
|---|---|---|---|
| 2180 S Highland Ave Jackson, TN 38301 | (731) 418-4050 | — | 4.9 |
| 2287 N Highland Ave Jackson, TN 38305 | (731) 330-4158 | — | 4.8 |
| 1049 Union University Dr Jackson, TN 38305 | (731) 668-5626 | — | 4.3 |
| 605 Carriage House Dr e Jackson, TN 38305 | (731) 664-2211 | — | 3.8 |
| 1667 S Highland Ave Jackson, TN 38301 | (731) 256-2045 | — | 5.0 |
| 2089 N Highland Ave Jackson, TN 38305 | (731) 256-2034 | — | 5.0 |
| 25 Stonebrook Pl Jackson, TN 38305 | (731) 668-2119 | — | 4.9 |
| 955 North Parkway, Ste. H Jackson, TN 38305 | (731) 424-0982 | Mon–Thu 10:00 AM – 6:00 PM Fri 9:00 AM – 6:00 PM Sat 10:00 AM – 2:00 PM Sun closed |
— |
| 1032 Vann Dr j Jackson, TN 38305 | (731) 410-7810 | — | 4.7 |
| 2544 Christmasville Cove Ste A Jackson, TN 38305 | (731) 300-3755 | — | 4.6 |
| 621 Old Hickory Blvd Ste L Jackson, TN 38305 | (731) 984-7150 | — | 4.9 |
| Suites E&F, 375 Vann Dr E Jackson, TN 38305 | (731) 664-7070 | — | 4.8 |
Pawn shops near Jackson
More about Jackson
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.