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

Company nameAddressZip codePhone number
The Citizens Bank of Philadelphia 9065 Collinsville Rd, Collinsville, MS 39325 +1 (601) 626 - 7608
All American Check Cashing 846 US-98, Columbia, MS 39429 +1 (601) 731 - 5988
Money Matters Title Loans 10043 Highway 51, North St, Coldwater, MS 38618 +1 (662) 622 - 0881
Central Mississippi Credit Corp 1080 River Oaks Dr B-100, Flowood, MS 39042 +1 (769) 230 - 1500
First American National Bank 362 2nd St, Belmont, MS 38827 +1 (662) 454 - 9381
1st Franklin Financial 1204 N 2nd St b, Booneville, MS 38829 +1 (662) 720 - 1681
Cash Money, LLC 306 Highway 16 W, Carthage, MS 39051 +1 (601) 298 - 9010
Oxford Pawn Shop MS - Pawn Sell & Buy Gold/Silver Jewelry, Electronics, Guitars Tools & More 1350 N Lamar Blvd 1, Oxford, MS 38655 +1 (662) 301 - 9501
BancorpSouth Bank 326 W 3rd St, Forest, MS 39074 +1 (601) 469 - 1431
Check Advance 2008 University Ave d, Oxford, MS 38655 +1 (662) 234 - 0315

Payday Loan Companies in Nearby Cities

If there are no payday loan companies in McCool, MS, you can try to find different companies in big cities near by. Check out the following pages here: Same Day Loans in Gulfport, MS, Emergency Loan in Hattiesburg, MS, Payday Loans in Jackson, MS, Emergency Loan in Meridian, MS, Payday Loan Without a Credit Check in Olive Branch, MS, 24-Hour Loan in Southaven, MS, Payday Loan Companies in Tupelo, MS and Payday Loans in Biloxi, 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 McCool, MS.

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

39108

Are Payday Loans Legal In McCool, 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

McCool, MS payday loan calculator

If you’re a resident of McCool, Mississippi, and are in urgent need of cash, then payday loans can serve as a valuable option. These are short-term cash loans that you can quickly access without worrying about an extensive application process or a good credit score. In Mississippi, payday loans are legal, and you can use them to address your pressing financial needs. In this article, we’ll explore all that you need to know about payday loans in McCool, Mississippi.

What are Payday Loans?

Payday loans, also referred to as cash advances, are short-term loans that you can borrow when faced with an unexpected financial emergency. The loan is typically due on your next payday and may last for one to four weeks. When seeking a payday loan in McCool, Mississippi, the lender will ask you to provide proof of income, your checking account details, and your identification.

Payday loans come with a high-interest rate, usually ranging between 300 and 400 percent, making them more expensive than traditional loans. However, if used wisely and paid back in time, they can be a useful financial tool to help you avoid late payment fees, overdraft charges or tackling pressing unexpected bills.

How Do Payday Loans Work in McCool, Mississippi?

When applying for a payday loan in McCool, Mississippi, you’ll first fill out an online application form with your details. The process is fast, and you can expect to receive feedback within a few moments. If qualified, the lender will deposit the requested funds directly to your checking account within 24 hours or the following business day.

Depending on the lender, you’ll have to repay the loan within two weeks or your next payday. The lender will automatically withdraw the money you borrowed plus interest from your checking account on the due date. Ensure that you have sufficient funds in your account to avoid costly overdraft charges.

Who Can Apply for Payday Loans in McCool, Mississippi?

To qualify for a payday loan in McCool, Mississippi, you must be at least 18 years old, a US citizen or a permanent resident of the country, and have a steady income source. Lenders rely on your income to determine your repayment capacity, and as such, you should provide proof that you can comfortably repay the loan.

Benefits of Payday Loans in McCool, Mississippi

  • Quick and easy application process
  • No need for an excellent credit score or guarantor
  • No collateral required
  • Can help you avoid late payment fees and other penalty charges

Drawbacks of Payday Loans in McCool, Mississippi

  • Expensive interest rates
  • Loan rollovers can lead to more debt
  • May lead to a cycle of debt if not repaid on time
  • May not be a suitable option for long-term financial needs

Misconceptions about Payday Loans in McCool, Mississippi

There are several misconceptions about payday loans in McCool, Mississippi, that may hinder you from accessing them when faced with a financial emergency. Some of these misconceptions include:

  • Payday loans are illegal: Payday loans are perfectly legal in Mississippi, and you can access them without worrying about breaking the law.
  • Only low-income earners qualify for payday loans: Your income will not necessarily hinder you from accessing a payday loan. Some lenders will require to you to provide proof of income, but this doesn’t mean you don’t qualify.
  • Payday loans lenders are loan sharks: While payday loans come with high-interest rates, they are still legal lenders, and you don’t have to worry about being harassed or threatened. Ensure that you read and understand the terms and conditions before signing the loan agreement.

Interesting Facts and Statistics about Payday Loans in McCool, Mississippi

  • The average payday loan in McCool, Mississippi ranges from $50 to $500
  • Mississippi has some of the highest-interest rates in the country for payday loans
  • The state of Mississippi has around 1,100 payday lending locations
  • The average APR for payday loans in Mississippi is 521 percent

Apply Now for a Payday Loan in McCool, Mississippi

If you’ve explored all other options and still need a payday loan in McCool, Mississippi, TheGuaranteedLoans can help. We provide a convenient online platform where you can apply for a payday loan and get connected with potential lenders. Remember, we’re not direct lenders, nor do we provide payday loans. Our job is to connect you with our network of reliable lenders who can help you address your financial need.

Once you complete our online application, you can expect to receive feedback within minutes, and if qualified, the lender will deposit the funds to your checking account within 24 hours. Ensure that you read the terms and conditions and understand the interest rates and any applicable fees before signing the loan agreement.

Conclusion

Payday loans in McCool, Mississippi, can be a useful financial tool to help you address pressing financial needs. However, as with any loan, ensure that you read and understand the terms and conditions, and only borrow what you can comfortably pay back. Stay vigilant and avoid falling into the vicious cycle of debt that comes with defaulting on payday loans.

F.A.Q.

What is the maximum interest rate on payday loans in McCool, Mississippi?

The maximum interest rate on payday loans in McCool, Mississippi is 28% per year.

Can I take out multiple payday loans in McCool, Mississippi?

Yes, you can take out multiple payday loans in McCool, Mississippi, but you are limited to a maximum of $500 in outstanding payday loans at any given time.