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Pawn Shops vs Payday Loans in Fredericksburg, VA
8 pawn shops in and around Fredericksburg — 4.3 per 100,000 residents, compared with 2.3 across Virginia. Call ahead to ask what they're buying and lending on today: inventory needs change weekly. Fredericksburg ranks #6 of 27 Virginia cities with pawn shops by shops per resident.
- Pawn shops
- 8
- Pawn shops per 100k
- 4.3
- Virginia: 2.3
- Big-chain shops
- 0
- Payday & loan stores
- 5
- Population
- 185,865
Pawn shops in Fredericksburg: addresses and phone numbers
| Pawn shop | Address | Phone | Website |
|---|---|---|---|
| All Star Pawn & Gold | 736 Warrenton Rd Ste 108 Fredericksburg, VA 22406 | (540) 372-6464 | — |
| B & B Pawnbrokers Inc | 4420 Lafayette Blvd Fredericksburg, VA 22408 | (540) 891-8850 | bbpawnsgunsgoldguitars.com |
| Downtown Gold & Pawn | 2011 Princess Anne St Fredericksburg, VA 22401 | (540) 371-0095 | ebay.com |
| Fredericksburg Gold & Pawn | 447 Emancipation Hwy Fredericksburg, VA 22401 | (540) 371-7800 | fredericksburggoldandpawn.com |
| Liberty Pawn & Gold | 616 Stoney Creek Dr Fredericksburg, VA 22407 | (540) 898-8499 | libertypawnandgold.com |
| Liberty Pawn & Gold Llc | 5044 Plank Rd Fredericksburg, VA 22407 | (540) 548-3200 | libertypawnandgold.com |
| Pawn King | 4401 Plank Rd Fredericksburg, VA 22407 | (540) 785-7474 | pawnkings.com |
| Spotsylvania Gold & Pawn | 10718 Patriot Hwy Fredericksburg, VA 22408 | (540) 786-2500 | spotsylvaniagoldandpawn.com |
Pawn shops vs payday loan stores in Fredericksburg
Fredericksburg has 8 pawn shops and 5 payday, installment and title loan stores.
Pawn shops
8
4.3 per 100k residents
Payday & loan stores
5
2.7 per 100k residents
3 store chains
Biggest loan store chains in Fredericksburg: Lendmark Financial Services (2), OneMain Financial (2), Mariner Finance (1).
Borrowing $500 for one month: payday vs pawn vs credit union
| Option | How it works | Cost for one month |
|---|---|---|
| Payday loan (not legal in Virginia) | $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 Fredericksburg
- 1.6%
- Pawn cost, share of monthly household income in Fredericksburg
- 1.1%
- 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 (Virginia 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 Virginia 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 VA | |
|---|---|---|
| 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 Virginia | Pawnbrokers are licensed and regulated by Virginia; fees, terms and holding periods are set by state law | Storefront payday loans are not allowed in Virginia |
Fredericksburg at a glance
- Median household income
- $110,971
- Virginia: $101,899
- Poverty rate
- 7.9%
- Virginia: 10.1%
- Households under $25,000
- 8.0%
- Virginia: 12.1%
- A $400 emergency equals
- 1.3 days of income
Payday and installment loan stores in Fredericksburg
For comparison: storefront payday, installment and title lenders in Fredericksburg with addresses, phone numbers and hours.
| Address | Phone | Hours | Google rating |
|---|---|---|---|
| 1440 Central Park Blvd Ste 104 Fredericksburg, VA 22401 | (540) 785-6169 | — | 4.3 |
| 5446 Southpoint Plaza Way Fredericksburg, VA 22407 | (540) 755-0999 | — | 4.5 |
| 1340 Central Park Blvd Ste 205 Fredericksburg, VA 22401 | (540) 786-0085 | — | 3.7 |
| 9815 Jefferson Davis Hwy Fredericksburg, VA 22407 | (540) 786-7472 | — | 4.4 |
| 2217 Plank Rd Fredericksburg, VA 22401 | (540) 322-4070 | — | 4.8 |
Pawn shops near Fredericksburg
More about Fredericksburg
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.