Payday Loans in Chatham, Mississippi

All Credits Welcome!

If you have a bad credit score, then don’t worry – it’s not an issue for us!

TGL Loan Services

You can get your money fast after filling out the simple form on the "Get Started" page! Lenders cannot guarantee the approval, but they could approve your loans, even if you are unemployed, receiving government benefits.

Fast Money In Your Bank

You can get your money within hours after filling out the form! We work 24/7 for you!
  • This form is protected with secure 256-bit SSL encryption
  • By clicking “Get Started”, I consent and agree to the Privacy Policy and Terms of Use.

No payday loan companies in Chatham, MS. Consider companies in other cities:

Company nameAddressZip codePhone number
Cash In A Flash Check Advance 1901 S Harper Rd # A, Corinth, MS 38834 +1 (662) 287 - 3444
Mississippi Title Loans, Inc. 1957 Jerry Clower Blvd N, Yazoo City, MS 39194 +1 (662) 746 - 6978
Liberty Finance Co 254 S Main St, Grenada, MS 38901 +1 (662) 226 - 2274
CryptoFlip Cryptocurrency Exchange 1314 W 5th St, Laurel, MS 39440 +1 (601) 426 - 2065
Approved Cash 126 Hwy 6 W, Batesville, MS 38606 +1 (662) 578 - 2310
Fidelity National Loan 300 E Sunflower Rd, Cleveland, MS 38732 +1 (662) 721 - 9180
National Cash Advance 1565 MS-1, Greenville, MS 38701 +1 (662) 378 - 8660
Tower Loan 649 W Monroe St, Grenada, MS 38901 +1 (662) 226 - 8077
Quick Cash of West Point 216 US-45 ALT, West Point, MS 39773 +1 (662) 494 - 7188
A1 Check Cashing Inc 604 US-80 # A, Clinton, MS 39056 +1 (601) 925 - 9777

Payday Loan Companies in Nearby Cities

If there are no payday loan companies in Chatham, MS, you can try to find different companies in big cities near by. Check out the following pages here: Payday Loans in Hattiesburg, MS, Payday Loans in Jackson, MS, Guaranteed Loans in Meridian, MS, Payday Loans in Olive Branch, MS, Guaranteed Loans in Southaven, MS, Payday Loans in Tupelo, MS, Payday Loans in Biloxi, MS and Short-term Loans in Greenville, MS. But also, you can apply for a loan online, not coming out of your home. Just fill out a simple application on our website and we will connect you with trusted direct lenders in Chatham, MS.

Are Payday Loans Legal In Chatham, Mississippi?

Loan Rates and Fees, Laws and Regulations in Mississippi.

Mississippi Loan Regulations

Legal StatusLegal
Interest Rate (APR, %)521
Maximum Loan Amount$500
Minimum Loan TermNot Specified
Maximum Loan Term30 days
Number of Rollovers Allowed6, loan must be reduced by at least 5% for every rollover
Finance Charges<$250 = not more than $20 per $100 $250 - $500 = not more than $21.95 per $100

Chatham, MS payday loan calculator

Payday Loans in Chatham, Mississippi: How They Work

Are you in need of quick cash and considering a payday loan in Chatham, Mississippi? If so, you’re not alone. Payday loans are a popular option for people facing unexpected expenses, such as medical emergencies or car repairs. In this article, we’ll provide an overview of how payday loans work, the laws surrounding them in Mississippi, and how to apply for one.

What are Payday Loans?

A payday loan, also known as a cash advance, is a short-term loan typically due on your next payday. Borrowers generally apply for payday loans to cover emergency expenses, and payday lenders advertise their loans as a way to get quick access to cash.

Payday loans are typically available in small amounts, often ranging from $100 to $500. However, the fees and charges on these loans can be high. In general, payday loans come with high interest rates, and if the borrower cannot repay the loan in full, they may be forced to take out additional loans to cover the principal and interest payments.

Are Payday Loans Legal in Mississippi?

Yes, payday loans are legal in Mississippi. The state passed legislation regulating payday loans in 1998, allowing lenders to charge up to $20 for every $100 borrowed. This means that for a loan of $500, a borrower could expect to pay up to $100 in fees.

Mississippi also limits the amount of payday loans a person can take out. Borrowers cannot have more than $500 in outstanding loans with any one lender.

How Do Payday Loans Work?

To apply for a payday loan in Mississippi, you’ll need to visit a payday lender in person. You’ll need to provide your contact information, employment status, and proof of income. Some lenders may also require a post-dated check or access to your bank account.

Once you’re approved for a payday loan, you’ll receive the cash or a check on the spot. The loan term is typically two weeks, which is when the borrower is expected to pay back the loan plus any fees and interest.

If the borrower cannot repay the loan in full, they may be allowed to roll it over, which means extending the loan term. However, rolling over a payday loan can result in additional fees and interest charges, making it even harder to pay back the loan.

Applying for a Payday Loan in Chatham, Mississippi

If you’re considering applying for a payday loan in Chatham, Mississippi, you have a few options. You can search for lenders in your area online, or you can visit a storefront location.

At TheGuaranteedLoans, we offer a convenient online application process that connects borrowers with potential lenders. Simply fill out our online application form, and we’ll match you with lenders who may be able to offer you a loan. We only work with reputable lenders who comply with all state and federal regulations, ensuring that our borrowers are protected.

The Pros and Cons of Payday Loans

Before taking out a payday loan, it’s important to consider the pros and cons. Here are a few things to keep in mind:

  • Pros: Payday loans are a quick and easy way to get cash when you need it. If you have no other options, a payday loan can help you cover an emergency expense.
  • Cons: Payday loans are expensive and can trap borrowers in a cycle of debt. The fees and interest rates on payday loans are high, making it difficult for borrowers to pay back the loan in full. In some cases, borrowers may be forced to take out additional loans to cover the fees and interest on their original loan.

Interesting Facts and Statistics About Payday Loans in Chatham, Mississippi

  • In Mississippi, the average payday loan is $375.
  • Mississippi has the highest concentration of payday lenders per capita in the United States.
  • Since 2015, the number of payday lenders in Mississippi has increased by over 20%.

Apply Now

Ready to apply for a payday loan in Chatham, Mississippi? Click here to fill out our online application form. Remember, TheGuaranteedLoans is not a direct lender – we’re a connector service that matches borrowers with potential lenders. We work with reputable lenders who comply with all state and federal regulations, ensuring that our borrowers are protected.

Before you apply for a payday loan, be sure to read and understand the terms and conditions of your loan agreement. Make sure you can afford to repay the loan in full, including all fees and interest, on your next payday. If you have any questions about the application process or the terms of your loan, please don’t hesitate to contact us.

F.A.Q.

What is the maximum amount I can borrow through a payday loan in Chatham, Mississippi?

The maximum amount you can borrow varies by lender and is typically determined by your income and ability to repay the loan.

Do I need to provide collateral to get a payday loan in Chatham, Mississippi?

No, payday loans are typically unsecured and do not require collateral.