Payday loans in Laurel, Mississippi | finder.com
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Payday loans in Laurel, Mississippi

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Learn the regulations in your city — and how much a loan could cost you.

When you’re looking to borrow from a lender in Laurel, it pays to know what you can be charged. Mississippi outlines a few regulations to help keep costs down, but you’ll still want to be sure you find the right lender — and type of short-term loan — before you commit.

Our top pick: Check into Cash Payday Loan

  • Min. Loan Amount: $50
  • Max. Loan Amount: $1,000
  • Turnaround Time: 1-2 business days
  • Loan Term: Varies by state
  • Requirements: You must be at least 21 and an American citizen and have a bank account, email address and phone number.
Safe, secure application.Use the money for any purpose.Receive funds as soon as next business day.

Our top pick: Check into Cash Payday Loan

With 1,000 branches in 30 states, get $50 to $1,000 in days from this direct lender.

  • Min. Loan Amount: $50
  • Max. Loan Amount: $1,000
  • Turnaround Time: 1-2 business days
  • Loan Term: Varies by state
  • Requirements: You must be at least 21 and an American citizen and have a bank account, email address and phone number.
Promoted

Can I get a payday loan in Laurel, Mississippi?

Yes, payday loans — also known as cash advances — are available in Laurel through Mississippi Statutory Citation 75-67-501 et seq. These laws apply to lenders in Laurel that have physical storefronts and lenders outside of Laurel that operate online.

You can borrow up to $500. For loans less than $250, there is a financing fee of $20 per $100 borrowed. For loans between $250 and $500, there is a financing fee of $21.95 per $100. No matter how much you borrow, there is a term of 30 days.

In addition to payday loans, you can also find lenders that offer installment loans and auto title loans, though title loans are governed under the Title Pledge Act and fall under slightly different rules. But as with payday loans, these can both be costly options, so it pays to compare lenders carefully before you borrow.

Compare short-term loans in Laurel, MS

Updated April 21st, 2019
Name Product Filter Values Max. Loan Amount Turnaround Time Requirements
$5,000
1 business day
Must have direct deposit and meet minimum income requirements
Installment loans with competitive rates from a top-rated direct lender.
$2,600
1 to 2 business days
Must have an active checking account, regular source of income and email address.
Installment loans with repayment terms up to 30 months, depending on your state.
$15,000
1 business day
You must be a US citizen or permanent resident, age 18+ and have a regular income.
Apply online with this loan-connection service offering unrestricted short-term loans with fast turnaround.
$10,000
As early as 1 business day
Must have a monthly income of $1,000+ after taxes and valid checking account.
An online connection service for quick cash loans.
Varies by state
1 business day
You must be a US citizen or permanent resident, be at least 18 years old and have regular income and a bank account.
Apply for a short-term loan with an easy online application and dedicated customer service.
$250
generally receive the money the next business day
Be 18+ years of age and have a checking account that can accept electronic transfers.
LendUp offers $250 loans for first-time borrowers. Good credit is not required. Visit the site to see more details for your state.
Varies by state
1 business day
Must be 18+ years old, have a steady source of income and a checking or savings account. Must not be a debtor in bankruptcy.
Quick payday, installment and title loans with no prepayment penalty and a 72-hour satisfaction guarantee. Funds can be loaded on an ACE Elite™ Visa® Prepaid Debit Card.

Compare up to 4 providers

What do I need to apply?

In general, all lenders require you to meet the same basic requirements. You must have a regular source of income, be a citizen or permanent resident of the US and be at least 18 years old.

When you fill out the application, be prepared to submit some personal information like your Social Security number and gross monthly income. Lenders will also need to confirm your identity before they approve your loan, so follow the steps in the application and fill everything out as accurately as possible. If you pick one of the lenders in the table above, you can visit our review to see exactly what you’ll need to apply.

Where to find short-term loan locations in Laurel

Short-term loan locations near me in Laurel, MI

  • Acceptance Loan Company, Inc. 2001 Mississippi 15 N, Laurel, MS 39440
  • Advance America. 1710 Hwy. 15 North, Ste. B, Laurel, MS 39440
  • Check Into Cash. 615 N 16th Ave, Laurel, MS 39440
  • Express Check Advance. 105 S 16th Ave B, Laurel, MS 39440
  • First Choice Payday Loans. 1215 W 5th St, Laurel, MS 39440
  • Laurel Loans, Inc. 744 W 5th St, Laurel, MS 39440
  • Money Market. 606 N Magnolia St, Laurel, MS 39440
  • Payday Loan Store of Ms Laurel. S 16th Avenue
  • PLS Loan Store. 127 S 16th Ave, Laurel, MS 39440
  • Speedy Cash. 214 N 16th Ave, Laurel, MS 39440

Must read: Be cautious of high costs

Mississippi may set a cap on the total financing fees a lender can charge you, but borrowing a payday loan in Laurel still won’t be cheap. A loan of $500 will end up costing you $609.75 — and you’ll only have a maximum of 30 days to get that money together. This can make repaying a payday loan quite difficult and lead to default.

Before you commit to a lender, consider your payday loan alternatives to see all of your options.

What are my other short-term loan options in Laurel?

You aren’t just limited to payday loans. As stated above, there are lenders in Laurel that also offer installment loans and auto title loans.

Bottom line

Payday loans are often advertised as a quick way to come up with the money you need, especially if you’re facing a big bill or expense before you get paid, but Mississippi law doesn’t restrict lenders as fully as some states. While convenient, payday loans can still be costly. Because of this, it pays to compare your options before you borrow.

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US Payday Loans Offers

Important Information*
CashNetUSA Loan

Apply for a short-term loan with an easy online application and dedicated customer service.

Check into Cash Payday Loan

With 1,000 branches in 30 states, get $50 to $1,000 in days from this direct lender.

OppLoans Installment Loans

Installment loans with competitive rates from a top-rated direct lender.

LendYou Short-term Loans

Apply online with this loan-connection service offering unrestricted short-term loans with fast turnaround.

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