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Get Online Payday Loans in Southaven, MS
Get a short-term cash advance with no credit check. You can qualify for Southaven cash loan even with no bank or checking account. Bad credit is not a problem to get approved for a fast Payday advance in Southaven either. Just fill out a free application form online and get an instant decision from multiple lending companies within a few minutes.
Need money now? Apply for Payday Loans Online in Mississippi from the Best Direct Lenders Online or find a Loan Store nearest to your location.
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Are Payday Loans Legal in Southaven, MS ?
Loan Rates and Fees, Laws and Regulations in Mississippi.
Mississippi residents can apply for up to $500 Payday loans online. It’s legal according to Miss. Code Ann. §§ 75-67-501 et seq.1 which sets the rules and limitations to any Payday lending operations in the state. The repayment terms for loans under $250 shouldn’t exceed 30 days, for $250-$500 – 28-30 days. The APR is 520%. The finance charge for 14-day $100 borrowed is limited to $20 for loans less than $250, and to $21 for $250-$500 cash advance.
The number of outstanding loans is not specified but their total amount mustn’t exceed $500 in one or more checks. The money must be paid off on time without any rollovers, renewals or extensions. Repayment plan is voluntary. $30 can be charged for non-sufficient funds.
Law status | legal |
MIN Loan Amount | $100 |
MAX Loan Amount | $500 |
MIN. Loan Term | None |
MAX. Loan Term | 30 days |
MAX APR | 520% |
Additional fees | $20 on average |
NSF fee | $30 |
Collateral or guarantor | None, unsecured |
Number of simultaneous loans | Not specified, but no more than $500 in total |
Cooling off period | None |
Rollover | Not allowed |
Extension, repayment plan | Voluntary repayment plan |
Default penalties | Not stated |
Credit score requirements | Available for Bad Credit |
Cash Advance and other Money Offers in Southaven, MS
Payday Loans Available in Southaven, MS by the following ZIP codes:
Payday Loan Amounts in Southaven, MS
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Easy online application
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Bad credit is OK
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Instant approval
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No credit check considered
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Competitive rates
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Same day financing
In 2024 there are 53,214 people living in Southaven, MS. According to the statistics, 3193 of them look for "Payday Loans Near Me in Southaven, MS" or apply for Southaven Payday Loans online in need of emergency short-term financing. No wonder, these people request instant cash as their median household income is 58227. That's why COMPACOM was designed - to help customers complete a quick and easy application form 100% online and get guaranteed approval from the best Southaven, Mississippi direct lenders.