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 Kingsport, TN
1 pawn shop in Kingsport — call ahead to ask what it's buying and lending on today.
- Pawn shops
- 1
- Pawn shops per 100k
- 1.1
- Tennessee: 3.7
- Big-chain shops
- 0
- Payday & loan stores
- 11
- Population
- 88,028
Pawn shops in Kingsport: addresses and phone numbers
| Pawn shop | Address | Phone | Website |
|---|---|---|---|
| Albert's Pawn | 658 W Center St Kingsport, TN 37660 | (423) 530-7500 | albertspawn.com |
Pawn shops vs payday loan stores in Kingsport
Kingsport has 11 payday, installment and title loan stores but only 1 pawn shops.
Pawn shops
1
1.1 per 100k residents
Payday & loan stores
11
12.5 per 100k residents
9 store chains
Biggest loan store chains in Kingsport: Advance Financial (3), 1st Franklin Financial (1), Advance America (1), Lendmark Financial Services (1), Mariner Finance (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 Kingsport
- 3.2%
- Pawn cost, share of monthly household income in Kingsport
- 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% |
Kingsport at a glance
- Median household income
- $56,200
- Tennessee: $71,256
- Poverty rate
- 17.8%
- Tennessee: 13.9%
- Households under $25,000
- 22.1%
- Tennessee: 17.1%
- A $400 emergency equals
- 2.6 days of income
Payday and installment loan stores in Kingsport
For comparison: storefront payday, installment and title lenders in Kingsport with addresses, phone numbers and hours.
| Address | Phone | Hours | Google rating |
|---|---|---|---|
| 1104 E Stone Dr Kingsport, TN 37660 | (423) 438-1765 | — | 4.3 |
| 2357 Fort Henry Dr Kingsport, TN 37664 | (423) 972-4796 | — | 4.9 |
| 4270 Fort Henry Dr Kingsport, TN 37663 | (423) 438-1435 | — | 4.9 |
| 1001 E Stone Dr Ste F Kingsport, TN 37660 | (423) 230-6482 | — | 4.8 |
| 1425 E. Stone Dr., Suite 4 Kingsport, TN 37660 | (423) 392-1994 | Mon–Fri 9:00 AM – 5:30 PM Sat–Sun closed |
— |
| Suites A & B, 2633 E Stone Dr Bldg 1 Kingsport, TN 37660 | (423) 723-8510 | — | 4.3 |
| 1233 N Eastman Rd Ste 325 Kingsport, TN 37664 | (423) 245-1350 | — | 4.9 |
| 2003 N Eastman Rd Ste 30 Kingsport, TN 37660 | (423) 245-3195 | — | 3.5 |
| 1101 E Stone Dr Kingsport, TN 37660 | (423) 245-1429 | — | 4.9 |
| 1101 E Stone Dr Ste 9 Kingsport, TN 37660 | (423) 398-7012 | — | 4.7 |
| 1112 E Stone Dr Kingsport, TN 37660 | (423) 246-3920 | — | 4.8 |
Pawn shops near Kingsport
More about Kingsport
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.