Mississippi Payday Loan Lenders

When a person needs cash fast and the banks are saying no they might benefit from getting a payday loan in Mississippi. These loans have been available for decades however most people have relied on credit cards and lines of credit to meet their needs. The availability of credit has been tightened up greatly due to the downturn in the economy. There are many banks that are going out of business and even people with perfect credit can’t get a loan.

While this may sound like gloom and doom there are options available to individuals and the process of getting one of these loans is very straightforward. The first step in the process is looking for a payday loan company in the area. There are many of these firms and each of them has a different interest rate so a consumer might want to shop around.


Best Mississippi Payday Loan

List of top payday lenders in Mississippi. Apply it online now.

No
Provider
Review
APR
Visit Site
1
AmeriAdvance
Varied
Go to AmeriAdvance
2
Paydaymax
431.79%-616.85%
Paydaymax
3
Plain Green Loans
59.84% �?378.95%
Go to Plain Green Loans
4
MyCashNow
401.13%-573.05%
MyCashNow
5
Discount Advances
401.13%-573.05%
Discount Advances
6
100 Day Loans
36%�?51.79%
100 Day Loans
7
Cashnet USA
243.25%�?83.04%
Cashnet USA
8
CashAdvance
Varied
Go to CashAdvance.com
9
Great Plains Lending
199.44% �?448.76%
Great Plains Lending

In order to qualify for this facility an individual must be employed and passed their probationary period. Anyone who is self employed will not be able to secure a loan through this facility since it is not designed for employers.

Benefit of Mississippi Payday Loan

The person looking for a loan will need to bring with them their latest pay slips and their check book. After filling out a short application form the lender will need to look at the payslip in order to figure out how much the person qualifies for. Something that makes these loan facilities really attractive is the credit requirements. These lenders are not overly concerned about the credit of a person and look more at the character of the applicant. The only time a credit score will impact an individuals ability to get a loan is if they are bankrupt. This is not a rule created by the lenders but a law from the government. The law clearly states that anyone who is in the state of bankruptcy cannot take on any more debt. If the bankruptcy has been discharged then a person will be able to apply for the loan.

After the lender has been able to review everything they will make an offer to lend money to the individual. The person will be able to accept or decline the loan at this point since there is no obligation at all. In fact it might be wise to shop around with a few different Mississippi payday loan providers to find out what the best deal is.

Once an individual has made up their mind to move forward with their loan they will need to write a check payable to the lender. This amount will need to include the amount borrowed plus any fees that are part of the loan. The check will be dated for the borrowers next payday and the applicant will be able to walk out with the cash in their hands.

The great thing with this facility is that after a person has paid back their loan they can borrow money again. With so much economic uncertainty knowing these payday loans are always available will help a person rest easy.

You can leave a response, or trackback from your own site.

Leave a Reply

You must be logged in to post a comment.