Payday Loans in Jonestown, 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 Jonestown, MS. Consider companies in other cities:

Company nameAddressZip codePhone number
First Heritage Credit 24 N Walmart Dr Ste C, Ste C, Louisville, MS 39339 +1 (662) 779 - 0079
Planters Bank 118 N Ruby Ave, Ruleville, MS 38771 +1 (662) 756 - 4321
Advance America 1303 Hwy. 35 South, Ste. I, Forest, MS 39074 +1 (601) 469 - 0785
E Z Cash 102 N Front St, Senatobia, MS 38668 +1 (662) 560 - 0999
Money Now 2106 N Frontage Rd, Meridian, MS 39301 +1 (601) 553 - 0608
Walt Massey Chevrolet Buick GMC Columbia 1480 Hwy 98 E, Columbia, MS 39429 +1 (601) 633 - 0354
Money Man Check Cashing 4239 N State St, Jackson, MS 39206 +1 (601) 987 - 9985
BankFirst 128 Front St, Lake, MS 39092 +1 (601) 775 - 3241
Consumer Credit Inc 600 W Fox Ave, Eupora, MS 39744 +1 (662) 258 - 4300
Moss Point Cash For Titles 5707 Telephone Rd, Pascagoula, MS 39567 +1 (228) 762 - 8383

Payday Loan Companies in Nearby Cities

If there are no payday loan companies in Jonestown, MS, you can try to find different companies in big cities near by. Check out the following pages here: Payday Loan for Olive Branch, MS, Payday Loans in Southaven, MS, Quick Loan in Tupelo, MS, Payday Loans in Biloxi, MS, Bad Credit Loans in Greenville, MS, Payday Loans in Gulfport, MS, Payday Loans in Hattiesburg, MS and Bad Credit Loans in Jackson, 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 Jonestown, MS.

Beautiful sights of Jonestown, MS

Payday Loans Available in Jonestown, MS By The Following ZIP Codes:

38639

Are Payday Loans Legal In Jonestown, 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

Jonestown, MS payday loan calculator

Payday Loans: Everything You Need to Know in Jonestown, Mississippi

Payday loans are a type of short-term loan that can help individuals in need of quick cash. They are often used to cover unexpected expenses or emergencies, such as medical bills, car repairs, or home repairs. In Jonestown, Mississippi, payday loans are legal and can be obtained by those who meet certain requirements.

How Payday Loans Work

Payday loans are typically made for small amounts, usually less than $500. They are designed to be repaid on the borrower’s next payday, usually within two weeks. The borrower writes a post-dated check or provides the lender with their checking account information.

When the loan is due, the lender will cash the check or withdraw the money from the borrower’s checking account. If the borrower is unable to repay the loan, they may be able to roll it over for an additional fee. However, this can lead to a cycle of debt that can be difficult to break.

It’s important to understand the terms of a payday loan before taking one out. Interest rates and fees can be high, so borrowers should be prepared to pay more than the amount borrowed.

Requirements for Payday Loans in Jonestown, MS

To obtain a payday loan in Jonestown, Mississippi, borrowers must meet certain requirements. They must:

  • Be at least 18 years old
  • Have a valid government-issued ID
  • Show proof of income, such as a pay stub or bank statement
  • Provide a checking account or post-dated check

Borrowers may also be required to provide additional documentation, such as proof of residency or employment.

Interest Rates and Fees

Interest rates and fees for payday loans in Jonestown, Mississippi can be high. The state regulates the maximum amount that can be borrowed, which is $500. The maximum interest rate that lenders can charge is 520% APR, and they can charge up to $20 for every $100 borrowed.

It’s important to be aware of all the fees and charges associated with a payday loan before borrowing money. Borrowers should read the terms and conditions carefully and ask any questions they may have before agreeing to the loan.

Benefits and Risks of Payday Loans

Payday loans can be a helpful option for those in need of quick cash. They are easy to obtain and can be used to cover unexpected expenses. However, they can also be risky.

One of the main risks associated with payday loans is the high interest rates and fees. Borrowers can end up paying more than the amount borrowed, which can lead to a cycle of debt. It’s important for borrowers to have a plan to repay the loan and not to rely on payday loans as a long-term solution to financial problems.

Another risk is that some lenders may engage in predatory lending practices. Borrowers should be cautious when choosing a lender and should only work with reputable companies.

Facts and Statistics about Payday Loans in Jonestown, Mississippi

  • The average payday loan amount in Mississippi is $350, according to the Mississippi Center for Justice.
  • In 2019, Mississippi had the highest concentration of payday lenders per capita in the country, according to the Center for Responsible Lending.
  • In 2019, the Mississippi House of Representatives passed a bill that would have allowed payday lenders to charge up to 30% interest on loans up to $2,500. The bill did not pass the Senate.

Apply Now

If you are in need of a payday loan in Jonestown, Mississippi, TheGuaranteedLoans can help. We are a connector service that can facilitate your connection with potential lenders. Simply fill out our online application, and we will match you with lenders who may be able to provide you with a loan.

It’s important to remember that TheGuaranteedLoans is not a direct lender and does not make loan decisions. We are a service that can help you find lenders who may be able to provide you with a loan. Before agreeing to a loan, make sure to read the terms and conditions carefully and ask any questions you may have.

Conclusion

Payday loans can be a helpful option for those in need of quick cash. However, they can also be risky, and borrowers should be aware of the high interest rates and fees associated with these loans. It’s important to have a plan to repay the loan and not to rely on payday loans as a long-term solution to financial problems.

At TheGuaranteedLoans, we are here to help you find lenders who may be able to provide you with a payday loan in Jonestown, Mississippi. Fill out our online application today to get started.

F.A.Q.

What is the interest rate on a payday loan in Jonestown, Mississippi?

The interest rate on a payday loan in Jonestown, Mississippi varies by lender and may be affected by factors such as your credit score, income, and ability to repay the loan. Interest rates on payday loans are generally higher than on traditional loans.

Can I have more than one payday loan at a time in Jonestown, Mississippi?

It is generally not recommended to have more than one payday loan at a time, as this can lead to financial difficulties and increased interest and fees. Some payday lenders in Jonestown, Mississippi may require you to pay off any existing payday loans before applying for a new one.