By having a household that is median of just $44,717, Mississippi is well underneath the nationwide average of $61,937. Not just may be the median home earnings among the cheapest when you look at the nation, Mississippi additionally had the rate that is highest of individuals residing underneath the poverty line in 2019: 19.7percent.

Pay day loans in Mississippi

The dining table below shows the 15 counties in Mississippi aided by the greatest concentrations of payday loan providers:

County

Populace per Licensee*

Populace per Licensee*

Loan Volume**

Total Costs Paid***

*2000 Census information.

**This is approximated by multiplying how many licensees because of the median that is national size ($350) because of the national typical loans per shop (3,643).

***Assuming a charge of $21.95 per $100 lent.

Supply: “High-Cost Payday Lending Traps Mississippi Borrowers” Johnson, J. Center for Responsible Lending. Accessed December.

Customer Protection in Mississippi

Simple tips to Report a Lender in Mississippi

The Mississippi Department of Banking and Consumer Finance

• Address: P.O. Box 12129 Jackson, MS 39236-2129
• Mobile: (601) 321-6901

Guides to Pay Day Loans in Mississippi

Take a look at this payday loan guides when it comes to after towns in Mississippi…

• Jobs
• Prices & Terms
• States
• Contact

Privacy | California Disclosures and Privacy Policy | California Consumers can opt-out regarding the purchase of private information by clicking don’t offer My information

• Bad Credit Loans
• No Credit Check Loans
• Signature Loans
• Installment Loans
• Advance Loan

В© 2020 Chance Financial, LLC. All Rights Reserved. Utilization of chance Financial, LLC is at the mercy of our Terms of Use and online privacy policy.

Ca Disclosures and online privacy policy | California Consumers can opt-out of the sale of information that is personal by clicking Try not to offer My information. Read the rest of this entry »