Mississippi permits short-term deferred-deposit loans up to $500 under its Credit Availability Act and check-cashing statutes. Fees are tiered by loan size and produce a high effective APR. Larger amounts must be structured as installment loans with longer terms.
Key limits in Mississippi
- Maximum loan amount: $500
Figures can change — always confirm current limits with the official source below before borrowing.
Source: Consumer Federation of America (paydayloaninfo.org) · last verified 2026-07-24 · pending second-source verification
This page is general information, not legal or financial advice. State laws change; verify current rules with your state regulator or the source above.