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 Charleston, WV
4 pawn shops in and around Charleston — 4.4 per 100,000 residents, compared with 6.1 across West Virginia. Call ahead to ask what they're buying and lending on today: inventory needs change weekly. Charleston ranks #4 of 4 West Virginia cities with pawn shops by shops per resident.
- Pawn shops
- 4
- Pawn shops per 100k
- 4.4
- West Virginia: 6.1
- Big-chain shops
- 0
- Payday & loan stores
- 2
- Population
- 90,565
Pawn shops in Charleston: addresses and phone numbers
| Pawn shop | Address | Phone | Website |
|---|---|---|---|
| All N One Pawn | 3904 MacCorkle Ave SE Charleston, WV 25304 | (304) 926-8355 | onestopwv.com |
| KV Jewelry and Loan | 5474 Big Tyler Rd Charleston, WV 25313 | (304) 776-3700 | kvpawn.com |
| KV Jewelry and Loan | 7108 MacCorkle Ave SE Charleston, WV 25304 | (304) 925-9345 | expressloansofamerica.com |
| Will Jewelry and Loan | 10503 MacCorkle Ave SE Marmet, WV 25315 | (304) 220-2361 | willcompany.biz |
Pawn shops vs payday loan stores in Charleston
Charleston has 4 pawn shops and 2 payday, installment and title loan stores.
Pawn shops
4
4.4 per 100k residents
Payday & loan stores
2
2.2 per 100k residents
2 store chains
Biggest loan store chains in Charleston: Lendmark Financial Services (1), OneMain Financial (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 West 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 Charleston
- 2.8%
- Pawn cost, share of monthly household income in Charleston
- 1.9%
- A $400 emergency equals
- 2.3 days of income
Payday: a typical fee of $75 on a $500 loan for 2 weeks, paid twice for a one-month loan (West 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 West 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 WV | |
|---|---|---|
| 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 West Virginia | Pawnbrokers are licensed and regulated by West Virginia; fees, terms and holding periods are set by state law | Storefront payday loans are not allowed in West Virginia |
Charleston at a glance
- Median household income
- $63,186
- West Virginia: $60,548
- Poverty rate
- 15.7%
- West Virginia: 16.7%
- Households under $25,000
- 21.5%
- West Virginia: 21.8%
- A $400 emergency equals
- 2.3 days of income
Payday and installment loan stores in Charleston
For comparison: storefront payday, installment and title lenders in Charleston with addresses, phone numbers and hours.
| Address | Phone | Hours | Google rating |
|---|---|---|---|
| 910 Nitro Market Pl Cross Lanes, WV 25313 | (681) 217-9998 | — | 4.2 |
| 340 MacCorkle Ave SE Ste 310 Charleston, WV 25314 | (304) 746-0013 | — | 4.4 |
Pawn shops near Charleston
More about Charleston
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.