Personal Loans in Mississippi

A Minute Loan Center instant installment loan designed for Mississippi residents extends credit of up to $2,000 with flexible repayment options for up to 7 months. These personal loans in Mississippi carry a low fixed interest rate and can obtain more frequent advances if needed. You repay this loan in regular equal scheduled payments, called installments, each comprising a portion of the principal amount and the interest charged.

If approved for a Minute Loan Center installment loan, you receive the loan amount due in your bank account and can use it however you like. You then start paying it off through the predetermined scheduled installments. The amount to pay in each installment is equal over the life of the loan, and once you have paid off the loan, we close that account permanently. If you need to apply for a quick cash loan, our loan officers will help you set up another account, and you will receive the funds you need.

• Easy to be approved
• No hard credit check (We don’t pull a traditional credit report)
• It can cover a significant expense
• Fixed low-interest rates 
• Regular preset payments on a consistent, predictable schedule 
• Chance of refinancing
• On-time payments can improve your credit score

Installment Loan Fee Schedule as of November 6, 2020

Example assumes exact period terms for Weekly, Bi-Weekly, Semi-Monthly and Monthly pay cycles. The finance charge includes fees charged based on a contractual APR of 300%.

Examples listed MAY have an OPTIONAL fee assessment for ACH services of $1.00. See associate for details.

Examples listed MAY have an OPTIONAL fee assessment for Minute Money services of $9.95. See associate for details.

Examples are assumed based on exact on-time payments. Finance charges will differ from examples if payments are made before the scheduled due date or after the scheduled due date.

BEFORE YOU SIGN A CONTRACT TO MAKE A LOAN, BE CERTAIN YOU HAVE READ THE LOAN DOCUMENTS SO YOU UNDERSTAND YOUR OBLIGATIONS AND RIGHTS UNDER THE MISSISSIPPI CREDIT AVAILABILITY ACT (“MCAA”)

The following is a list of fees and terms allowable for services that may be offered under the MCAA:

1. Handling Fee:

a. Loans up to or totaling not more than $500.00:

i. A term of 4 to 6 months to repay

ii. Substantially equal payments each month

iii. Up to 25% FEE PER MONTH (amortized for the term of the loan)

b. Loans totaling $501.00, up to $2500.00:

i. A term of 6 to 12 months to repay

ii. Substantially equal payments each month

iii. Up to 25% FEE PER MONTH (amortized for the term of the loan)

2. Late Fee: If you are 10 business days LATE in making any scheduled payment you may incur LATE FEES of up to 10% of the amount you owe for that monthly payment. These late fees may be collected after your final scheduled payment.

YOU MAY PAY-OFF YOUR LOAN AT ANY TIME — WITHOUT ANY PENALTY.

IF YOU PAY-OFF EARLY YOU MAY INCUR LESS FEES.

YOU HAVE ONE (1) DAY TO REVIEW YOUR LOAN AND RETURN THE LOAN PROCEEDS IF YOU DECIDE TO CANCEL YOUR LOAN.

You may still be charged the Origination Fee even if you cancel.

This business is licensed and regulated by the Mississippi Department of Banking and Consumer Finance.

If you have any unresolved problem with a transaction at this location, you are entitled to assistance. Please CONTACT:

Mississippi Department of Banking and Consumer Finance
P.O. Box 12129, Jackson, MS 39236-2129
Phone 1-800-844-2499  For additional information visit: www.dbcf.ms.gov

Disclosures

* Certain limitations apply. All loans subject to approval pursuant to Minute Loan Center underwriting criteria. Minute Loan Center does not perform traditional credit checks as part of its credit transaction approval process, but does verify applicant information via national databases including, but not limited to, Clarity Services Inc. Due to state and verification requirements, not all applicants for on-line request may be eligible for on-line approval by Minute Loan Center. Some customers applying for Minute Loan Center loans may be required to submit additional documentation due to state law and qualification criteria. See your local store for more details and additional disclosures or visit the Products page for more details.
** Terms and conditions apply. In-store cash pickup not available in all states. Checks or alternative funding options are available and may be issued instead of cash. Loan funding requires verification of application information. Depending on ability to verify this information, loan funding may be extended up to two business days. Terms and actual APR may vary based on various factors such as state, loan term, loan product type, additional fees and/or other underwriting considerations including credit qualification on certain products.