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Pawn Shops vs Payday Loans in Memphis, TN
30 pawn shops in and around Memphis — 4.4 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. Memphis ranks #7 of 23 Tennessee cities with pawn shops by shops per resident.
- Pawn shops
- 30
- Pawn shops per 100k
- 4.4
- Tennessee: 3.7
- Big-chain shops
- 18
- Payday & loan stores
- 69
- Population
- 676,192
Pawn shops in Memphis: addresses and phone numbers
| Pawn shop | Address | Phone | Website |
|---|---|---|---|
| A A pawnshop llc | 2830 Austin Peay Hwy Memphis, TN 38128 | (901) 372-8051 | pawnshops.net |
| Advantage Pawn | 1510 E Shelby Dr Memphis, TN 38116 | (901) 346-6829 | advantagepawntn.com |
| American Loan Co | 636 Poplar Ave Memphis, TN 38105 | (901) 509-8514 | firstcash.com |
| Best Pawn | 3202 Jackson Ave Memphis, TN 38122 | (901) 452-9366 | bestpawnmemphis.net |
| Big Daddy's Pawn | 3700 Hickory Hill Rd Memphis, TN 38115 | (901) 546-9252 | bigasspawnshop.com |
| Cash America PawnChain | 1133 S Bellevue Blvd Memphis, TN 38106 | (901) 942-4747 | find.cashamerica.us |
| Cash America PawnChain | 1302 Poplar Ave Memphis, TN 38104 | (901) 725-0116 | firstcash.com |
| Cash America PawnChain | 1910 S 3rd St Memphis, TN 38109 | (901) 774-6335 | firstcash.com |
| Cash America PawnChain | 2198 Frayser Blvd Memphis, TN 38127 | (901) 353-5066 | cashamerica.com |
| Cash America PawnChain | 2378 Lamar Ave Memphis, TN 38114 | (901) 743-7252 | firstcash.com |
| Cash America PawnChain | 2421 Covington Pike Memphis, TN 38128 | (901) 388-7118 | firstcash.com |
| Cash America PawnChain | 3305 Austin Peay Hwy Memphis, TN 38128 | (901) 377-4912 | firstcash.com |
| Cash America PawnChain | 3337 Overton Crossing St Memphis, TN 38127 | (901) 357-4642 | firstcash.com |
| Cash America PawnChain | 3447 Millbranch Rd Memphis, TN 38116 | (901) 345-5440 | firstcash.com |
| Cash America PawnChain | 3454 S 3rd St Memphis, TN 38109 | (901) 346-1346 | firstcash.com |
| Cash America PawnChain | 3500 S Mendenhall Rd #104 Memphis, TN 38115 | (901) 367-1956 | find.cashamerica.us |
| Cash America PawnChain | 3644 Lamar Ave Memphis, TN 38118 | (901) 367-1577 | firstcash.com |
| Cash America PawnChain | 3880 Park Ave Memphis, TN 38111 | (901) 452-5550 | firstcash.com |
| Cash America PawnChain | 4275 Summer Ave Memphis, TN 38122 | (901) 682-3675 | find.cashamerica.us |
| Cash America PawnChain | 4619 Elvis Presley Blvd Memphis, TN 38116 | (901) 398-8000 | firstcash.com |
| Cash Jewelry Loans | 5050 Poplar Ave Ste 130 Memphis, TN 38157 | (901) 682-3533 | cashjewelryloans.com |
| Elvis Pawn Shop | 4381 Elvis Presley Blvd Memphis, TN 38116 | (901) 949-1977 | — |
| EZPAWNChain | 1410 Poplar Ave Memphis, TN 38104 | (901) 278-9870 | ezpawn.com |
| EZPAWNChain | 4751 Summer Ave Memphis, TN 38122 | (901) 683-3555 | ezpawn.com |
| EZPAWNChain | 5286 Winchester Rd Memphis, TN 38118 | (901) 362-6070 | ezpawn.com |
| Flash Pawn | 2685 N Watkins St Memphis, TN 38127 | (901) 358-4967 | flashpawnmemphis.com |
| Memphis Gold and Diamond Buyers | 3173 Poplar Ave Memphis, TN 38111 | (901) 324-4009 | memphiscashforgold.com |
| Mid America Pawn | 3524 Park Ave Memphis, TN 38111 | (901) 452-8657 | midamericapawntn.com |
| Reliable Pawn & Curio | 3807 Summer Ave Memphis, TN 38122 | (901) 458-4548 | reliablepawn.net |
| Southern Pawn & Jewelry | 4651 Knight Arnold Rd Memphis, TN 38118 | (901) 362-7296 | southernpawn.jewelry |
Pawn shops vs payday loan stores in Memphis
Memphis has 69 payday, installment and title loan stores but only 30 pawn shops.
Pawn shops
30
4.4 per 100k residents
Payday & loan stores
69
10.2 per 100k residents
6 store chains
Biggest loan store chains in Memphis: ACE Cash Express (29), TitleMax (23), Speedy Cash (9), OneMain Financial (6), 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 Memphis
- 3.2%
- Pawn cost, share of monthly household income in Memphis
- 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% |
Memphis at a glance
- Median household income
- $55,965
- Tennessee: $71,256
- Poverty rate
- 21.8%
- Tennessee: 13.9%
- Households under $25,000
- 23.5%
- Tennessee: 17.1%
- A $400 emergency equals
- 2.6 days of income
Payday and installment loan stores in Memphis
For comparison: storefront payday, installment and title lenders in Memphis with addresses, phone numbers and hours.
| Address | Phone | Hours | Google rating |
|---|---|---|---|
| 1330 E Shelby Dr Memphis, TN 38116 | (901) 345-5597 | — | 4.9 |
| 1386 Elvis Presley Blvd Memphis, TN 38106 | (901) 942-3726 | — | 4.9 |
| 1414 Getwell Rd #101 Memphis, TN 38111 | (901) 744-0551 | — | 4.9 |
| 1631 Poplar Ave Memphis, TN 38104 | (901) 272-9685 | — | 4.9 |
| 1882 Winchester Rd Memphis, TN 38116 | (901) 396-0520 | — | 4.9 |
| 1979 S Third St Ste A Memphis, TN 38109 | (901) 942-1927 | — | 4.9 |
| 2117 Sycamore View Rd Memphis, TN 38134 | (901) 383-2274 | — | 4.9 |
| 2139 Lamar Ave Memphis, TN 38114 | (901) 276-1020 | — | 5.0 |
| 2474 Covington Pike Memphis, TN 38128 | (901) 388-2316 | — | 4.9 |
| 2628 Frayser Blvd Memphis, TN 38127 | (901) 357-2792 | — | 5.0 |
| 2989 Lamar Ave Memphis, TN 38114 | (901) 743-1924 | — | 4.9 |
| 3102 Austin Peay Hwy Memphis, TN 38128 | (901) 937-0897 | — | 4.9 |
| 3109 S Perkins Rd Memphis, TN 38118 | (901) 794-2363 | — | 4.9 |
| 3174 Summer Ave Memphis, TN 38112 | (901) 452-8601 | — | 4.8 |
| 32 S 2nd St Memphis, TN 38103 | (901) 525-6544 | — | 4.9 |
| 3201 S Third St Memphis, TN 38109 | (901) 398-9957 | — | 4.9 |
| 3310 Jackson Ave Memphis, TN 38122 | (901) 324-9965 | — | 4.9 |
| 3317 Winchester Rd Memphis, TN 38118 | (901) 795-5046 | — | 4.9 |
| 3394 N Watkins St Memphis, TN 38127 | (901) 353-0895 | — | 4.9 |
| 376 N Cleveland St #101 Memphis, TN 38104 | (901) 726-4200 | — | 4.9 |
| 3858 E Shelby Dr Memphis, TN 38118 | (901) 546-9724 | — | 5.0 |
| 416 E E.H.Crump Blvd Memphis, TN 38126 | (901) 948-2402 | — | 4.9 |
| 4221 Elvis Presley Blvd Memphis, TN 38116 | (901) 398-2323 | — | 4.9 |
| 4437 S Third St Memphis, TN 38109 | (901) 789-3397 | — | 5.0 |
| 5129 Yale Rd Memphis, TN 38134 | (901) 266-0225 | — | 5.0 |
| 5169 Winchester Rd Memphis, TN 38118 | (901) 795-4690 | — | 4.9 |
| 5820 Winchester Rd Memphis, TN 38115 | (901) 367-8922 | — | 4.9 |
| 6657 Winchester Rd Memphis, TN 38115 | (901) 363-1967 | — | 4.9 |
| 7444 Winchester Rd #107 Memphis, TN 38125 | (901) 309-9416 | — | 4.9 |
| 1623 Getwell Rd Memphis, TN 38111 | (901) 743-5725 | — | 5.0 |
| 1646 Sycamore View Rd Memphis, TN 38134 | (901) 969-0425 | — | 5.0 |
| 1930 S Third St Memphis, TN 38109 | (901) 774-0157 | — | 5.0 |
| 2265 Lamar Ave Memphis, TN 38114 | (901) 590-1255 | — | 5.0 |
| 2365 Frayser Blvd Memphis, TN 38127 | (901) 353-1628 | — | 5.0 |
| 2961 Covington Pike Memphis, TN 38128 | (901) 969-0440 | — | 5.0 |
| 3024 S Third St Memphis, TN 38109 | (901) 590-1143 | — | 5.0 |
| 3037 Thomas St Memphis, TN 38127 | (901) 353-0629 | — | 5.0 |
| 3130 Austin Peay Hwy Memphis, TN 38128 | (901) 590-1210 | — | 4.9 |
| 319 N Cleveland St Memphis, TN 38104 | (901) 969-0420 | — | 4.9 |
| 3190 Summer Ave Memphis, TN 38112 | (901) 590-1139 | — | 5.0 |
| 3450 Millbranch Rd Memphis, TN 38116 | (901) 346-3332 | — | 5.0 |
| 3798 Park Ave Memphis, TN 38111 | (901) 969-0770 | — | 5.0 |
| 3956 Jackson Ave Memphis, TN 38128 | (901) 372-2450 | — | 5.0 |
| 4440 Elvis Presley Blvd Memphis, TN 38116 | (901) 332-9644 | — | 5.0 |
| 4671 Riverdale Rd Memphis, TN 38141 | (901) 590-1265 | — | 5.0 |
| 4894 Summer Ave Memphis, TN 38122 | (901) 590-1371 | — | 5.0 |
| 5231 Winchester Rd Memphis, TN 38118 | (901) 969-0310 | — | 5.0 |
| 5343 Knight Arnold Rd Memphis, TN 38115 | (901) 590-1162 | — | 5.0 |
| 5409 Elvis Presley Blvd Memphis, TN 38116 | (901) 590-1238 | — | 5.0 |
| 5996 Mt Moriah Rd Memphis, TN 38115 | (901) 794-3575 | — | 5.0 |
| 6330 Winchester Rd #101 Memphis, TN 38115 | (901) 590-1246 | — | 5.0 |
| 7243 Stage Rd Memphis, TN 38133 | (901) 590-1357 | — | 5.0 |
| 1213 Getwell Rd Memphis, TN 38111 | (901) 327-8383 | — | 5.0 |
| 2926 Lamar Ave Ste 109 Memphis, TN 38114 | (901) 744-3230 | — | 4.9 |
| 3303 Austin Peay Hwy Memphis, TN 38128 | (901) 384-9488 | — | 4.9 |
| 4041 Elvis Presley Blvd Memphis, TN 38116 | (901) 396-5737 | — | 4.9 |
| 4109 Getwell Rd Memphis, TN 38118 | (901) 360-8883 | — | 4.9 |
| 5126 Summer Ave #103 Memphis, TN 38122 | (901) 767-5834 | — | 4.9 |
| 6636 Winchester Rd #150 Memphis, TN 38115 | (901) 375-4677 | — | 4.9 |
| 6838 Stage Rd Bartlett, TN 38134 | (901) 373-3232 | — | 5.0 |
| 8385 US-64 Suite 118 Memphis, TN 38133 | (901) 377-9722 | — | 5.0 |
| 2857 Kirby Rd Ste 105 Memphis, TN 38119 | (901) 624-7575 | — | 4.6 |
| 2887 Poplar Ave Memphis, TN 38111 | (901) 327-6084 | — | 4.6 |
| 4093 Summer Ave Memphis, TN 38122 | (901) 452-1157 | — | 4.0 |
| 4665 Elvis Presley Blvd Memphis, TN 38116 | (901) 396-7871 | — | 4.1 |
| 6045 Stage Rd Ste 62 Bartlett, TN 38134 | (901) 382-0390 | — | 4.6 |
| 7825 Winchester Rd Ste 109 Memphis, TN 38125 | (901) 756-1671 | — | 4.3 |
| 3431 Austin Peay Hwy. Memphis, TN 38128 | (901) 386-3017 | Mon–Thu 10:00 AM – 6:00 PM Fri 9:00 AM – 6:00 PM Sat 10:00 AM – 2:00 PM Sun closed |
— |
| 6000 Poplar Ave 250 251 Memphis, TN 38119 | (601) 340-7078 | — | — |
Pawn shops near Memphis
More about Memphis
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.