Payday cash advance · MS

Payday Loans in Mississippi

The Mississippi statute answers the two questions that matter — how much (a $500 cap) and what it costs (market pricing of $15–$30 per $100 for two weeks, Max 30 days). One short form reaches lenders licensed to serve Mississippi; the check is soft and asking is free.

Check Mississippi Offers → Tribal route

Cap $500 · Max 30 days

The numbers

What Mississippi law allows

A $300 payday advance in Mississippi carries market pricing — typically $45–$90 for two weeks, since Mississippi sets no fixed fee cap. The full statutory picture:

Maximum loan $500
Maximum fee $20 per $100 advanced
Term Max 30 days
Rollovers Forbidden
Approx. APR on $300 set by the market
Statute Miss. Code Ann. § 75-67-501 et seq. (Check Cashers Act)
Regulator Mississippi Department of Banking and Consumer Finance
Rescission Next business day by 5:00 PM
Checked 2026-10-05 against Mississippi Department of Banking and Consumer Finance publications · www.dbcf.ms.gov

Payday loans in Mississippi by city

Local guides for the 20 largest Mississippi markets — same statute, same caps, local context:

How a Mississippi payday loan works

  1. One form. Submit the request — email, name, amount. About two minutes, soft check, free to ask.
  2. Lenders review it. Those licensed to serve Mississippi decide on your income and checking account — usually within minutes.
  3. Compare the disclosure. Whatever an offer says, the fee must fit the Mississippi numbers in the table above — that is your legality check.
  4. Repay once, on payday. One debit on the agreed date. If the date is wrong, ask about the state's extended payment plan before the due date.

Frequently asked questions

How much can a payday loan in Mississippi be?

The statute caps it at $500 per loan. Lenders cannot legally split one need into several tickets to evade the cap — and any offer above $500 is not a lawful Mississippi payday loan.

What does a $300 payday loan cost in Mississippi?

Mississippi sets no fixed fee cap, so lenders price the market — typically $15–$30 per $100 for two weeks, i.e. $45–$90 on $300. The disclosed APR in your agreement is the binding number.

How fast can I get a payday loan in Mississippi?

Decisions arrive in minutes and funding moves by ACH: same business day when a lender approves you before its early-afternoon cutoff, otherwise the next business morning. Weekend applications fund on Monday.

What do I need to qualify in Mississippi?

Three basics: verifiable depositable income, an active checking account in your name, and being 18+ with valid ID. Decisions key on income and account health rather than a credit score, and seeing offers uses a soft check.

Check offers for Mississippi. The one-form request reaches lenders that serve your state — about two minutes, a soft check, and no fee to ask. Payday One Loans is not a lender; any offer comes from an independent lender under its own license and pricing.
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