Loan Regulations

In Brief Definition: Payday loans are short-term loans with high-interest rates, typically due on the borrower’s next payday. Regulatory Authority: […]

At a glance Regulations: Mississippi’s payday loan laws aim to protect consumers from predatory lending, including interest rate caps and

Key Points to Note Regulations: Mississippi’s payday loan laws currently allow loans up to $500 with repayment terms of 14

Key Facts Loan Limits: The maximum payday loan amount in Mississippi is $500. Income Impact: Higher income generally allows for

Key Points to Note About Payday Loan Licensing in Mississippi Definition: Payday loan licensing refers to the legal requirements businesses

Understanding the Impact of Interest Rate Caps on Payday Loan Regulations in Mississippi for 2025 In 2025, the payday lending