Payday Loans in Brandon, Mississippi

Things happen, and we often end up in a place where we have to pay for some unforeseen costs. Consider applying for a paycheck advance loan in Brandon, Mississippi, to see if you are eligible.

The loan application process is fast and straightforward. To be qualified, you must meet a couple of straightforward conditions.

What is a Cash Advance Loan? What Can It Be Put Towards?

A cash advance loan is where the borrower will receive a petite amount of cash on a short-term basis. This is considered an unsecured personal loan because no collateral is required.

When unexpected bills present themselves, for example past due rent or utility fees, vehicle fees, medical or vet costs, and so forth, people frequently rely upon payday advance loans.

Payday Loan Requirements In Brandon, Mississippi

In Brandon, Mississippi, payday advance loan borrowers need to meet several stipulations to qualify for a loan.

The borrower is required to:

• Provide proof that they are a resident of Brandon, Mississippi
• Must be 18 years of age
• Receive an income that they can provide proof of being at least $1,000 per month
• Give active contact information such as cell phone number and email address
• Give their social security number

If a borrower does not meet the above criteria, they will immediately be denied a payday loan. Make sure you have the documentation required when applying for a loan.

Laws and Regulations Concerning Payday Advance Loans in Brandon, MS

Mississippi has ruled cash advance lending legal. Although, they have enacted the following rules and laws for the cash advance lending industry:

• An individual money lender cannot extend a loan in excess of $600. Borrowers may not possess greater than two unpaid loans from different lenders. There is no smallest loan amount.
• The minimum loan term is not determined, the maximum loan term length is 31 days. In Mississippi, borrowers may not rollover their loans.
• The fees and charges vary for each loan lender. The service costs enacted by lenders on each loan or transaction are not considered interest. The service fees apply to every $100 borrowed and can range between 11-15%.
• An interest rate must be mutually decided upon. APR can be as much as 369%.

Will Payday Lenders in Brandon, MS, Complete Credit Checks? What If I Have Bad/No Credit History At All?

Yes, the lenders we work with will perform a credit check on you, but, even if you possess no credit or less than stellar credit, you might still be approved for a loan as long as you can show that you are able to pay back the loan. Lenders are typically unbothered by your credit history if you have proof of income and a strategy to repay the loan.

Lenders will conduct a soft credit pull, which will not impact your credit score. This is simply to get a look at your credit history and general information.

A hard credit check, on the other hand, must have your permission. These credit pulls are performed for a plethora of purposes, including mortgages, credit card applications, and more.

You may still be approved for a payday loan with less than great credit in Brandon, MS, provided that you have proof of repayment.

So, when you apply, albeit in person or online, ensure that you have your income information available and any other documents proving that you can pay back the loan. The more evidence you show, the more likely your loan request will be granted.

When Will I See My Loan in Brandon, Mississippi?

When you get your loan truly depends on the lender as some lenders offer same-day payday advance loans, which means you will see your payday advance loan on the same day you submit your application, as long as you get an approval.

Much of the time, however, lenders will send the borrower their lump sum on the following business day. Businesses often close for holidays and weekends. So, if you apply on a Friday, you might not get your cash until Monday.

If you're searching for a same-day payday loan in Brandon, Mississippi, you will need to ensure you're applying by 10:30 am. All same-day payments going out that day will be approved by that deadline. However, you should submit an application earlier than that if able, as it will boost the likelihood that you get your deposit on the same day that you apply.

One other consideration that you should be aware of is despite if the lender grants your loan request and posts the funds to your checking account, sometimes the bank won't release that funds at that time. It's paramount that you let your bank know that you plan to get a paycheck advance loan, so they might make an exception in releasing the loan earlier.

Overall, it's wise to prepare in advance to get money on the following business day. That way, you're not out of luck if you cannot receive it on the same day.

Consider Working With Us

If you possess underwhelming credit or no credit and are wanting to get a payday loan, consider applying with us, as you most likely have a higher chance of approval.

We partner with more than one hundred different lenders who provide their services online. Often you will receive your funds on the next business day so make sure that you plan accordingly.

Although, you can always find the nearest cash advance loan storefront to you and apply in person to increase the chances of seeing your cash on the same business day. When requesting a loan in person, ensure that you have your government ID or driver's license; a passport will work as well. Sometimes, lenders may require proof of address, so take along a utility bill to the store too.

To find the nearest payday advance loan storefront, please use the list below and search for your city.

Payday Loan Direct Lender Companies in Brandon, MS

Below you will find a list of payday loan companies offering their services in Brandon, Mississippi. If you can't find a lender near your location in Brandon, consider applying in a nearby city in Mississippi. Alternatively, you can apply online on our website and get a decision almost instantly.