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Pawn Shops vs Payday Loans in Katy, TX
5 pawn shops in and around Katy — 1.3 per 100,000 residents, compared with 4.3 across Texas. Call ahead to ask what they're buying and lending on today: inventory needs change weekly. Katy ranks #88 of 94 Texas cities with pawn shops by shops per resident.
- Pawn shops
- 5
- Pawn shops per 100k
- 1.3
- Texas: 4.3
- Big-chain shops
- 2
- Payday & loan stores
- 11
- Population
- 395,745
Pawn shops in Katy: addresses and phone numbers
| Pawn shop | Address | Phone | Website |
|---|---|---|---|
| Cash America PawnChain | 3902 N Fry Rd Katy, TX 77449 | (281) 944-0037 | cashamerica.us |
| Cm Pawn | 1945 N Mason Rd Katy, TX 77449 | — | cmpawn.com |
| First Cash PawnChain | 5770 Fry Rd Ste G Katy, TX 77449 | (832) 427-1635 | firstcash.com |
| Mason Road Jewelry & Loan | 1155 S Mason Rd Katy, TX 77450 | (281) 579-8808 | — |
| Pawn 360 | 5619 Us-90 Katy, TX 77494 | (281) 395-4750 | onlinepawn360.com |
Pawn shops vs payday loan stores in Katy
Katy has 11 payday, installment and title loan stores but only 5 pawn shops.
Pawn shops
5
1.3 per 100k residents
Payday & loan stores
11
2.8 per 100k residents
9 store chains
Biggest loan store chains in Katy: Cash Store (2), TitleMax (2), 1st Franklin Financial (1), ACE Cash Express (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 (~662%+ 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 Katy
- 1.6%
- Pawn cost, share of monthly household income in Katy
- 1.0%
- A $400 emergency equals
- 1.3 days of income
Payday: a typical fee of $75 on a $500 loan for 2 weeks, paid twice for a one-month loan (Texas payday rules are not set in dollars or payday loans are not allowed). Pawn: an example rate of 20% a month; pawn fees and interest are set by Texas 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.
Pawn loan vs payday loan: the key differences
| Pawn loan | Payday loan in TX | |
|---|---|---|
| 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 Texas | Pawnbrokers are licensed and regulated by Texas; fees, terms and holding periods are set by state law | Allowed, up to No limit (CSO Model); typical APR ~662%+ |
Katy at a glance
- Median household income
- $114,756
- Texas: $81,963
- Poverty rate
- 8.7%
- Texas: 13.9%
- Households under $25,000
- 7.6%
- Texas: 15.0%
- A $400 emergency equals
- 1.3 days of income
Payday and installment loan stores in Katy
For comparison: storefront payday, installment and title lenders in Katy with addresses, phone numbers and hours.
| Address | Phone | Hours | Google rating |
|---|---|---|---|
| 355 S Mason Rd Katy, TX 77450 | (281) 829-9980 | — | 4.9 |
| 6078 N Fry Rd Ste L Katy, TX 77449 | (281) 550-5181 | — | 4.8 |
| 6871 N Fry Rd Ste 116 Katy, TX 77449 | (281) 691-6677 | — | 5.0 |
| 720 S Mason Rd Katy, TX 77450 | (281) 820-7940 | — | 5.0 |
| 3616 Fry Rd Ste 130 Katy, TX 77449 | (281) 972-8553 | — | 4.8 |
| 1789 Fry Rd Katy, TX 77449 | (281) 398-0714 | — | 4.8 |
| 25681 Nelson Way Ste 110 Katy, TX 77494 | (281) 698-5858 | — | 5.0 |
| 403 W Grand Pkwy S Ste C Katy, TX 77494 | (281) 347-3473 | — | 3.7 |
| 3820 N Fry Rd Ste 114 Katy, TX 77449 | (713) 401-2607 | — | 5.0 |
| 3719 N Fry Rd Ste D Katy, TX 77449 | (281) 492-9111 | — | 4.8 |
| 24285 Katy Fwy #400a Katy, TX 77494 | (281) 994-0505 | — | 4.9 |
Pawn shops near Katy
More about Katy
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.