Mississippi payday loans
Mississippi payday loans

Online Payday Loans in Mississippi

  • Direct online lenders
  • No credit check
  • Flexible loans for your ongoing needs
  • Guaranteed instant approval
  • Poor credit OK
  • Easy approval
  • Online installment loans in Mississippi

Get a Loan Fast!

Get Started!

Payday Loans in Mississippi With No Credit Check the Same Day

1F Cash Advance offers the best loan options for Mississippi residents who unexpectedly face some financial problems. Fast cash loans are available for people with low or no credit, making them accessible regardless of borrowers’ credit scores. Every adult resident with a steady income can get an instant payday loan to cover financial needs. Apply online at any convenient moment and get your cash quickly and without hassles.

Payday lending is legal in Mississippi and regulated by the Check Cashers Act (Stat. 75-67-501 et seq.). According to the law, all the lenders in Mississippi must have appropriate valid licenses, comply with certain location requirements, indicate all the operations and transactions in the loan contract, and provide proper identification of each borrower.

Mississippi Check Casher Act also allows up to 6 rollovers if a customer reduces the loan by at least 5% for every rollover.

What Maximum Loan Amount Do Online Payday Loans in Mississippi Offer?

According to state law, Mississippi lenders can’t write a check for more than $500. This sum includes not only the initial loan amount but also finance charges and fees. Thus, the maximum loan amount you can get in hand from a lender is about $410. The minimum loan amount is not specified.

What Maximum Loan Term Do Mississippi Payday Loans Have?

Customers can borrow the money for no longer than 30 days. If you face some problems with repaying your loan on time, you can contact the lender and start a rollover. The rollover is allowed if you reduce the loan by at least 5%.

What Will Be a Due Date to Repay a Cash Advance?

The term of a Mississippi cash advance is set up to 30 days. The minimum loan term is not specified. Your due date depends on the lender and the term you choose. Typically, the maturity date is set with your next payday.

If you need to get a little extra cash quickly but for a longer term, you can always count on our professional help. Contact us to get a free consultation or consider installment loans for bad credit. An installment loan allows you to repay the loan in equal monthly payments within up to 12 -24 months.

Fast Cash Loans in Mississippi – How Do They Work?

Payday loans are short-term and easy-to-get online cash advances created to cover your urgent money needs. As these loans are focused on instant financial support, you don’t need to wait for days to get extra cash.

Emergency loans are available for borrowers with bad credit and below-average income. Mississippi residents can get an emergency payday loan within a working day without leaving their houses. Almost all processes are online, from applying for a loan to getting the funds and repaying them.

Most lending companies are focused on instant support. Therefore, moneylenders typically transfer money as soon as the next business day or even earlier. That makes Mississippi fast cash loans one of the best solutions in case of financial emergencies.

Unlike installment loans, paycheck loans must be repaid by your next payday. That is why a paycheck loan usually has a limited amount to make it easier to pay off.

Pros And Cons of a Payday Loan in Mississippi

An emergency loan in Mississippi is a good option if you need to cover unexpected expenses. Main advantages of a payday loan include:

  • Simple application. You just need to have a PC with access to the internet and a few minutes to apply. You can also apply in a store or contact us for any questions;
  • Easy to get. You don’t need to gather a large number of documents or meet some strong bank requirements to get the assistance you need right here, right now;
  • Available with bad credit. There are no minimum FICO score requirements to apply for an emergency loan. It also doesn’t hurt your credit history and makes it possible to rebuild your financial strength;
  • Fast money deposit. The money is typically funded on your active bank account by the end of the next working day. In some cases, it may take about a few hours to get cash.

At the same time, a fast cash loan may not suit everyone. Consider some cons of a fast cash loan to understand if it suits your current situation:

  • Limited terms. Unlike personal loans or installment loans, you must turn back your online loans in one lump sum within a short loan term which is usually up to 30 days. If you’re looking for some long-term solution, online loans don’t suit your needs;
  • Limited amounts. While an installment loan allows you to borrow up to $2,000, a Mississippi quick cash loan offers you no more than $500. That is why paycheck loans are not your option if you need to borrow some significant amount;
  • High loan rates. Online loans are usually quite expensive. An annual percentage rate on an emergency loan may reach 521%, while personal loans usually offer APR from 6% to 36%.

Real Costs of Online Loans in Mississippi: Representative Examples

When you take cash from the moneylender, you should know it is not the whole amount you must repay on the due date. Your total cash advance cost consists of the initial loan amount and the loan rates and fees. The amount of fees is also regulated by state law. Loan fees can’t exceed:

  • $20 per each $100 borrowed if you apply for less than $250 loan;
  • $21,95 per each $100 borrowed for the amount from $250 to $500.

Summing up, the average annual percentage rate for Mississippi payday loans is about 521%.

Representative examples: If you want to borrow $200, the total loan cost can be up to $240. If you want to apply for a $400 loan, the amount that must be repaid can come up to $488.

The total amount that must be paid to the lender can’t exceed $500, as lenders aren’t allowed to write you a check for more than $500, including fees.

Although payday loans seem to be expensive, they have some benefits that are important if you need to get cash fast and without affecting your credit score. Our team of professionals is always eager to answer all your questions and help to choose the fairest and most beneficial financial solution among all the loan options on the market.

How to Apply for a Mississippi Emergency Loan?

Filling out an online application form on our site is the first step toward getting cash advances. There are just a couple of questions you must answer and a few personal details to provide. However, if you need some help, you can always contact us in any convenient way.

To apply for a loan and get an approval, you should:

  • Decide on how much money you need.

    As short-term loans must be paid in one large payment from your next paycheck, you should choose the amount you will be able to pay off without financial stress;

  • Apply online.

    Our online request form is very simple and takes about 5-10 minutes to complete. You must provide us with information about your income and clarify some of your personal and banking details;

  • Get your loan decision.

    Once you complete the request form, we share your personal and account details with our base of trusted payday lenders. Then, one of them will send you a positive loan decision by email after reviewing your application details;

  • Read and sign a loan contract.

    After you are approved, you must read the terms and conditions of your loan agreement carefully and sign it if all the details are good for you;

  • Wait for a money deposit.

    Payday lending companies always try to transfer money at their earliest convenience. Loan amounts on applications approved before 10:30 AM are typically funded to your banking account by the end of the same day. Otherwise, your loan amount will be transferred by the end of the next business day;

  • Repay the loan.

    You must pay off your loan cost (the initial amount plus interest and fee) on a due date specified in your loan agreement. It will happen automatically by debiting the required amount from your account. You just need to make sure that there is enough money in your account.

The whole process, from submitting an application to getting a loan decision, usually takes about 20 minutes. Apply online now and solve your financial problems without hassles and stress, even with bad credit.

Get a payday loan in Mississippi today

Can I Get Mississippi No Credit Check Loans on the Same Day?

Lending companies usually transfer cash fast. Mississippi borrowers typically get the money by the end of the next working day. However, a no-credit-check process makes it possible to get money on the same day. If you apply and get loan approval before 10:30 AM on a weekday, a lending company can deposit your funds by the end of the same day.

Payday Loans Online in Mississippi for Bad Credit

If you are tired of being rejected by a bank because of your credit score, loans till payday may be a great option for you. A payday cash advance is available for people with any credit. Lending companies don’t pay attention to the information in your credit report.

They just need to know you will be able to cover your debt, and your small-dollar loan will be paid back on time. We work with a huge base of direct moneylenders and are happy to help you find your best financial solution for bad credit. Apply with us today or contact our manager to get a free consultation on any issue.

Do Payday Loans Online in Mississippi with No Credit Check Really Exist?

Applying for a traditional loan always lowers your credit score by a few points. Traditional financial institutions share your application details with three major credit bureaus and typically have strict credit score requirements.

Applying for online loans is not only possible with bad credit but also doesn’t affect your credit history. Paycheck lending companies don’t share your personal data with credit reporting agencies. It becomes easier to overcome your financial problems without lowering your credit score due to Mississippi online loans.

How to Pay Off a Cash Advance in Mississippi?

Typically, a customer must pay off his short-term loan by the next payday. There are no additional actions you should take to make it happen. As your moneylender has access to your bank account, it will automatically withdraw a loan cost on a due date. All you need is to make sure there is enough money in your account to pay off the whole loan cost.

If it becomes a challenge for you to make payments on time, you can contact the lender and start a rollover. In case of a rollover, your loan conditions may differ from the initial ones.

Requirements for Getting a Cash Advance in Mississippi

Mississippi loans allow you to get cash fast and without hassles. You can take out online loans with bad credit and below-average income and without any collateral.

The requirements are very simple. To get approved for a cash advance in Mississippi, you need to meet the following basic criteria:

  • Be an adult person at least 18 years old;
  • Be a US citizen or a permanent resident;
  • Have an active bank account;
  • Prove your steady source of income;
  • Provide a lending company with your valid mobile phone number and email address.

Thus, it is easy to get approved for a payday loan with any credit rating. Although the requirements may vary depending on the lending company, they are commonly very lenient.

When Should I Consider Mississippi Payday Loans Online?

As paycheck loans are emergency loans that help people overcome their financial problems, they mostly suit customers who face some emergencies. You should not consider online loans to cover your long-term financial needs.

Typically, customers in Mississippi are applying for online loans for the following reasons:

  • Covering daily expenses;
  • Paying for medical emergencies;
  • Paying for car repairs or covering any other repair works;
  • Repaying a credit card debt;
  • Preparing for some family events.

If you unexpectedly face some financial problems, our payday loans will help you overcome them. We will definitely find the best financial option that suits your current situation.

What Are Available Alternatives of a Payday Loan in Mississippi?

Although payday loans have many advantages, they may not suit everyone because of their high loan rates, short terms, and limited cash amounts. If you are looking for an alternative way of financing, you can consider the following loan options:

Online installment loans

An installment loan offers a longer loan term of up to 12 – 24 months with the ability to borrow up to $2,000. You can pay it back in equal monthly payments. Your loan amount plus rates and fees will be divided among the number of months of the repayment period you choose. This opportunity makes installment loans easier to repay. Customers with bad credit can also qualify for these financing options. At the same time, installment loans are expensive cash advances. If you get approved for an installment loan, get ready to overpay more because of high rates and a longer term.

Title loans

Title loans are secured cash advances that use your car as a pledge. Although they allow you to get up to 50% of your car value, you also need to provide a lender with all the required documents. That is why title loans are not the best solution if you suddenly face some emergency expenses. As you also provide a moneylender with collateral, you can get a loan approval with no or bad credit. A title loan may be your option if you have a car and need some cash for your long-term needs.

Personal loans

Personal loans are typically offered by traditional financial institutions. That is why they usually have strict credit score, income, and document requirements. You can get the amount of up to $15,000 without any collateral and turn it back in equal monthly payments within 60 months. Although personal loans have lower interests, they are not available for people with bad credit histories. It will also take some time to apply and get a loan decision because of the requirements.

0% APR credit lines

0% intro APR credit cards are good for shopping or going on vacation. They also allow borrowers to have additional money on hand if some emergencies suddenly arise. 0% APR cards mean you don’t have to pay interests and finance charges within a fixed period of time. After your promotional period ends, you will be charged interest on any remaining balance.

How to Find The Best Online Payday Loans in Mississippi?

There are a lot of lending companies that offer you various financial options. At the same time, it can be tiring to choose the best offer among all the moneylenders on the market. As we are working with a large number of lending companies, we can become your one-stop service.

You only need to fill out one application to share it with many moneylenders at once. Whether you are looking for an installment loan or a paycheck loan, we have a lot to offer. Our in-store managers are also waiting for you if you want to apply in person.

Reasons for Applying for a Payday Loan With 1F Cash Advance

1F Cash Advance wants to become your #1 instant financial assistance when other lenders can’t help. We know the value of your time and are trying our best to provide our clients with fast payday loan options for any occasion. With our years of lending experience, we do everything possible to help every customer get back on their feet again. We offer:

  • Fast and easy online application. By applying with us, you can qualify quickly, even if it is your first experience. It usually takes about 5 minutes to fill out an online form and approximately 10 minutes to get approved;
  • Qualified assistance. Our team is a family that is always ready to support you when you need it most. Our qualified and friendly employees are professionals in their fields and always eager to help;
  • High-quality financial services. We are always attentive to your wishes and try to delve into the situation to offer the option that meets your needs. Our company wants to be your best lending experience. We also have no additional fees for our clients;
  • Huge base of trusted moneylenders. Working with us, you will not be limited by the offers of just one lending company. There are a lot of moneylenders who can help you reach your financial goals, and we are here to help you find the right one;
  • Loans available with any credit. Our partners usually ignore your past financial mistakes and are ready to help you regardless of your FICO score. You are welcome to apply and solve your problems with any credit;
  • Instant support. We take our customers’ problems seriously and always try to solve them as quickly as possible. You will get your cash as soon as the next business day or even earlier.

In-Store Payday Loans MS

You can have different reasons for visiting a loan store. If this option seems the most convenient for you, we will be happy to meet you in our branch and help you apply in person.

117 Briarwood Dr, Jackson, MS 39206
[email protected]

1507 Hardy St #210, Hattiesburg, MS 39401
[email protected]

Payday loans Jackson Mississippi
Cash advance in Jackson, MS
1F Cash Advance payday loans Mississippi

Payday Loans Near Me in Mississippi

1F Cash Advance wants to stay in touch with customers across the US. If you are not a Mississippi resident, it’s not a problem. We have our stores in Hawaii, Kentucky, Tennessee, Minnesota, Missouri, Nebraska, Oklahoma, Rhode Island, and other states. Use our locator to find a branch near you. You can also apply online wherever you live and get cash fast from the comfort of your home.

Mississippi Cash Advances by Cities

1F Cash Advance works to stay closer to each client who needs our help. Our stores are located throughout Mississippi. We can offer not only payday loans in Jackson Mississippi but also have bright and modern stores in the following cities:

Jackson Gulfport Southaven
Biloxi Hattiesburg Olive Branch
Tupelo Meridian Oxford
Horn Lake Pearl Greenville
Starkville Madison Brandon
Ridgeland Clinton Columbus
Pascagoula Vicksburg Gautier
Laurel Ocean Springs Hernando
Long Beach Bay St. Louis D’Iberville
Corinth Natchez Clarksdale

If you are living in another state, use our locator to find a store in your city. Our online application form is also available 24/7 if you don’t want to waste your time.

Our Services

Payday Loans

Get the money fast and without paperwork. Borrow up to $500 and turn it back in one lump sum by your next paycheck. Your FICO score will not count as a qualifying factor.

Installment Loans

It is much easier to turn the money back in equal monthly installments. Get up to $2,000 to cover any unexpected expenses you may face on your way.

Cash Checking

Get your cash in our branch by visiting our in-store check-cashing counter that is available in most of our locations. We appreciate your time and always try to make your experience fast.

We are here to give you answers whenever you need them. Check out the list of the frequently asked questions if you still have some. Feel free to contact us for a consultation if something is not clear for you.

FAQ

Is 1F Cash Advance licensed?

1F Cash Advance is a connecting company licensed by the Department of Financial Protection and Innovation. We work under the federal laws set by the US government. Borrowers can request licensing information at any moment.

Is 1F Cash Advance Working With Licensed Direct Lenders Only?

We are working with licensed and reputable lending companies only. All of them are licensed by the Mississippi Department of Banking and Consumer Finance and operate according to the requirements of state law. Applying with us, you may be sure all the transactions are legal.

Are There Mississippi Payday Loan Stores Near Me?

1F Cash Advance wants to make loans available for every resident of the US. We have our branches throughout the country to offer in-store services to everyone who needs it. Use our locator to find the store near you or apply on our website without time wasted.

How Much Online Payday Loans from a Direct Lender Can I Have in MS at a Time?

More than one payday loan is allowed in Mississippi. However, the total amount of your short-term debts must not exceed $500, including the fee.

Is It Difficult to Get Approved for an Emergency Loan?

Payday loans are considered easy to get. You must meet just a few simple requirements to get loan approval. Plus, there is a high rate of approval for all types of credit.

Are Installment Loans Better Than Payday Loans?

An installment loan offers a longer term and higher amount. An installment loan is also available for people with poor FICO scores. At the same time, installment loans are expensive, so you have to pay more. You can consider an installment loan if it is a problem for you to turn back money in one lump sum.

What Documents Do You Need to Get Online Payday Loans in Mississippi with No Credit Check?

Applying for online loans doesn’t require a large number of documents. All you need to qualify for a loan is to have your valid ID, proof of income, social security number, and your checking account information. Thus, it takes about 5-10 minutes to complete your online request form, even if it wasn’t planned.

Latoria Williams

Written by: Latoria Williams

Updated: May 2, 2024