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 Mission, TX
7 pawn shops in and around Mission — 3.8 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. Mission ranks #50 of 94 Texas cities with pawn shops by shops per resident.
- Pawn shops
- 7
- Pawn shops per 100k
- 3.8
- Texas: 4.3
- Big-chain shops
- 4
- Payday & loan stores
- 16
- Population
- 183,923
Pawn shops in Mission: addresses and phone numbers
| Pawn shop | Address | Phone | Website |
|---|---|---|---|
| Cash America PawnChain | 224 S Conway Ave Mission, TX 78572 | (956) 519-0044 | firstcash.com |
| EZPAWNChain | 1117 N Conway Ave Mission, TX 78572 | (956) 580-9500 | ezpawn.com |
| First Cash PawnChain | 207 W Palma Vista Dr Ste B Palmview, TX 78572 | (956) 583-3761 | firstcash.com |
| First Cash PawnChain | 3306 N Conway Ave Mission, TX 78573 | (956) 580-8040 | ww2.firstcash.com |
| La Piedad Pawn Shop | 2109 W Mile 3 Rd Unit 14-15 Mission, TX 78573 | (956) 205-2696 | piedadpawnshop.com |
| La piedad pawn shop | 2109 W Mile 3 Rd Unit 14-15 Mission, TX 78574 | (956) 205-2696 | — |
| One Stop Pawn | 2306 E Expressway 83 #6 Mission, TX 78572 | (956) 598-7150 | onestopawnshop.com |
Pawn shops vs payday loan stores in Mission
Mission has 16 payday, installment and title loan stores but only 7 pawn shops.
Pawn shops
7
3.8 per 100k residents
Payday & loan stores
16
8.7 per 100k residents
12 store chains
Biggest loan store chains in Mission: ACE Cash Express (2), Security Finance (2), Sun Loan Company (2), TitleMax (2), B&F Finance (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 Mission
- 3.4%
- Pawn cost, share of monthly household income in Mission
- 2.3%
- A $400 emergency equals
- 2.8 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%+ |
Mission at a glance
- Median household income
- $52,856
- Texas: $81,963
- Poverty rate
- 24.3%
- Texas: 13.9%
- Households under $25,000
- 25.0%
- Texas: 15.0%
- A $400 emergency equals
- 2.8 days of income
Payday and installment loan stores in Mission
For comparison: storefront payday, installment and title lenders in Mission with addresses, phone numbers and hours.
| Address | Phone | Hours | Google rating |
|---|---|---|---|
| 102 W 9th St Mission, TX 78572 | (956) 583-6770 | — | 4.9 |
| 111 E Expressway 83 Mission, TX 78572 | (956) 584-5751 | — | 5.0 |
| 1304 S Alton Blvd Ste 2 Alton, TX 78573 | (956) 584-3117 | — | 5.0 |
| 313 E Tom Landry St Suite B Mission, TX 78572 | (956) 584-7497 | — | 4.9 |
| 1603 N Conway Ave Ste B Mission, TX 78572 | (956) 584-1900 | — | 5.0 |
| 306 E Main Ave Ste 13 & 14 Alton, TX 78573 | (956) 584-1400 | — | 5.0 |
| 2211 E Griffin Pkwy Ste 230 Mission, TX 78572 | (956) 253-0039 | — | 5.0 |
| 4010 N Conway Ave Ste A Palmhurst, TX 78573 | (956) 253-1386 | — | 5.0 |
| 1606 N Conway Ave Mission, TX 78572 | (956) 584-0000 | — | 4.8 |
| 2401 E Expressway 83 Ste 200 Mission, TX 78572 | (956) 585-7474 | — | 4.9 |
| 1821 N Shary Rd Ste 2 Mission, TX 78572 | (956) 997-6976 | — | 5.0 |
| 2515 E Interstate Hwy 2 Ste 275 Mission, TX 78572 | (956) 232-9060 | — | 4.7 |
| 201 S Shary Rd #650 Mission, TX 78572 | (956) 584-2836 | — | 4.6 |
| 521 S Conway Ave Mission, TX 78572 | (956) 519-4528 | — | 5.0 |
|
Texas Car Title and Payday Loan Services
1 store in Mission
texascartitleandpaydayloanservicesinc.com
|
|||
| 1417 N Conway Ave Mission, TX 78572 | (956) 519-1055 | — | 4.9 |
| Shamrock Finance 1000 N Conway Ave Ste b Mission, TX 78572 | (956) 584-3304 | — | 5.0 |
Pawn shops near Mission
More about Mission
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.