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Pawn Shops vs Payday Loans in Waco, TX
12 pawn shops in and around Waco — 7.4 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. Waco ranks #12 of 94 Texas cities with pawn shops by shops per resident.
- Pawn shops
- 12
- Pawn shops per 100k
- 7.4
- Texas: 4.3
- Big-chain shops
- 8
- Payday & loan stores
- 17
- Population
- 161,622
Pawn shops in Waco: addresses and phone numbers
| Pawn shop | Address | Phone | Website |
|---|---|---|---|
| Cash America PawnChain | 1024 W Waco Dr Waco, TX 76701 | (254) 754-4012 | find.cashamerica.us |
| Cash America PawnChain | 1724 W Waco Dr Waco, TX 76701 | (254) 755-6321 | firstcash.com |
| Cash America PawnChain | 4600 I 35 N Frontage Rd Lacy-Lakeview, TX 76705 | (254) 799-2992 | find.cashamerica.us |
| Cash America PawnChain | 611 N Valley Mills Dr Waco, TX 76710 | (254) 399-9773 | find.cashamerica.us |
| CenTex Pawn | 801 E Waco Dr Waco, TX 76704 | (254) 235-0767 | ebay.us |
| EZPAWNChain | 1000 S Valley Mills Dr Beverly Hills, TX 76711 | (254) 754-1484 | ezpawn.com |
| EZPAWNChain | 301 E Waco Dr Waco, TX 76704 | (254) 755-6262 | ezpawn.com |
| EZPAWNChain | 3020 N 18th St Waco, TX 76708 | (254) 755-7337 | ezpawn.com |
| EZPAWNChain | 645 N Valley Mills Dr Waco, TX 76710 | (254) 772-0496 | ezpawn.com |
| Pawn Express | 131 Eastgate Plz Bellmead, TX 76705 | (254) 412-1273 | pawnexpresstx.com |
| Praco Gun and Pawn | 2201 W Waco Dr Waco, TX 76707 | (254) 753-5511 | pracopawn.com |
| Rodeo Pawn | 3101 Robinson Dr Waco, TX 76706 | (254) 662-4803 | rodeopawn.com |
Pawn shops vs payday loan stores in Waco
Waco has 17 payday, installment and title loan stores but only 12 pawn shops.
Pawn shops
12
7.4 per 100k residents
Payday & loan stores
17
10.5 per 100k residents
15 store chains
Biggest loan store chains in Waco: ACE Cash Express (2), TitleMax (2), Advance America (1), B&F Finance (1), Cash Store (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 Waco
- 3.6%
- Pawn cost, share of monthly household income in Waco
- 2.4%
- A $400 emergency equals
- 2.9 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%+ |
Waco at a glance
- Median household income
- $49,853
- Texas: $81,963
- Poverty rate
- 23.4%
- Texas: 13.9%
- Households under $25,000
- 25.9%
- Texas: 15.0%
- A $400 emergency equals
- 2.9 days of income
Payday and installment loan stores in Waco
For comparison: storefront payday, installment and title lenders in Waco with addresses, phone numbers and hours.
| Address | Phone | Hours | Google rating |
|---|---|---|---|
| 1105 W Waco Dr Waco, TX 76707 | (254) 755-8943 | — | 4.9 |
| 720 N Valley Mills Dr Waco, TX 76710 | (254) 741-1800 | — | 4.9 |
| 100 S New Rd Waco, TX 76710 | (254) 399-6347 | — | 4.9 |
| 2520 N 18th St Waco, TX 76708 | (254) 759-8814 | — | 4.9 |
| 807 N. Valley Mills Dr. Waco, TX 76710 | (254) 776-4289 | Mon–Fri 10:00 AM – 6:00 PM Sat 10:00 AM – 3:00 PM Sun closed |
— |
| 2403 W Waco Dr Ste c Waco, TX 76707 | (254) 732-2933 | — | 5.0 |
| 5301 Bosque Blvd Ste 110 Waco, TX 76710 | (254) 776-7373 | — | 4.9 |
| 700 N Valley Mills Dr Waco, TX 76710 | (254) 776-5573 | — | 5.0 |
| 408 N Valley Mills Dr Waco, TX 76710 | (254) 265-8828 | — | 4.3 |
| 4300 W Waco Dr Ste B Waco, TX 76710 | (254) 651-2840 | — | 4.8 |
| 5172 W Waco Dr Waco, TX 76710 | (254) 741-1494 | — | 4.5 |
| 2508 W Waco Dr Waco, TX 76710 | (254) 752-4376 | — | 4.6 |
| 4217 W Waco Dr Waco, TX 76710 | (254) 752-1213 | — | 4.8 |
| 2401 W Waco Dr Ste B Waco, TX 76707 | (254) 753-0033 | — | 4.9 |
| 800 N Loop 340 Bellmead, TX 76705 | (254) 867-9500 | — | 4.9 |
| Western Finance 2404 W Waco Dr Waco, TX 76701 | (254) 755-8818 | — | 4.9 |
| 600 Lake Air Dr # 1A Waco, TX 76710 | (254) 722-4940 | — | 4.5 |
Pawn shops near Waco
More about Waco
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.