Payday Loans in Long Beach, Mississippi

Life happens, and we often find ourselves in a place where we must cover some unexpected bills. Consider submitting an application for a cash advance loan in Long Beach, MS, to see if you are eligible.

The application process is quick and straightforward. To be eligible, you must satisfy a few general conditions.

What is a Cash Advance Loan? What Can It Cover?

A cash advance loan is where the borrower will be extended a small amount of funds on a short-term contract. This is thought of as an unsecured loan because no collateral is required.

When surprise bills come up, such as late rent or utility costs, auto repairs, health or vet expenditures, and so on, people commonly seek out payday loans.

Paycheck Advance Loan Stipulations In Long Beach, Mississippi

In Long Beach, Mississippi, payday loan borrowers must satisfy a few stipulations to be eligible for a loan.

The borrower must:

• Provide proof that they are a resident of Long Beach, Mississippi
• Must be 18 years of age
• Receive a steady stream of income that they can prove that's at least $1,000 per month
• Give up-to-date contact details such as cell phone number and email address
• Provide their social security number

If a borrower does not abide by the above criteria, they will automatically be denied a payday loan. Ensure that you have the documentation required when applying.

Laws and Rules Concerning Cash Advance Loans in Long Beach, MS

The State of Mississippi has ruled payday lending legal. However, they have put forth the below rules and laws for the payday advance lending industry:

• An individual lender cannot extend a loan for more than $600. Borrowers may not have more than two unpaid loans from different lenders. There is no smallest loan amount.
• There is no minimum loan term, the longest loan term length is 31 days. In Mississippi, borrowers cannot rollover their loans.
• The fees and charges are different for each lender. The service costs charged by the lender on a loan are not considered interest. The service fees apply to each $100 loaned and can range from 11% up to 15%.
• An interest rate is required to be mutually decided upon. APR can range up to 369%.

Will Cash Advance Lenders in Long Beach, MS, Run Credit Checks? What If I Have Dismal/No Credit History At All?

Yes, the lenders we partner with will complete a credit check on you, but, even if you possess no credit or dismal credit, you may still be approved for a loan as long as you can show that you can repay the loan. Lenders are typically unconcerned about your credit history if you possess proof of income and a strategy to repay the loan.

Lenders will perform a soft credit inquiry, which will not impact your credit score. This is solely to get a feel of your credit history and general information.

A hard credit check, dissimilarly, must have your explicit consent. These credit inquiries are done for various purposes, including mortgages, credit cards, and more.

You can still be approved for a payday loan with poor credit in Long Beach, Mississippi, if you have proof of repayment.

Therefore, when you apply for a loan, albeit in person or online, make sure that you have your income information easily accessible and any other documents verifying that you can repay the loan. The more proof you have, the better chance you are to be approved.

When Will I Get My Cash in Long Beach, Mississippi?

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

Most of the time, though, lenders will send the borrower their lump sum on the next business day. Businesses generally close for holidays and weekends. Therefore, if you apply on a Friday, you might not get your cash until Monday.

If you're searching for a same-day paycheck advance loan in Long Beach, MS, you will need to ensure you're applying by 10:30 am. All same-day loans going out that day will be approved by that deadline. However, you should submit an application earlier than that if able, as it will increase the likelihood that you see your money on the same day that you apply.

One more consideration that you should be aware of is even if the lender approves your application and posts the deposit to your bank account, occasionally the bank won't release that credit right away. It's vital that you let your bank know that you plan to get a payday advance loan, so they might make an exception in releasing the deposit earlier.

On the whole, it's best to prepare ahead of time to get money on the following business day. That way, you're not surprised if you cannot receive it on the same day.

Think About Working With Us

If you have underwhelming credit or no credit and are looking to get a payday advance loan, think about applying with us, as you usually have a better chance of approval.

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

Although, you can always locate the nearest cash advance loan store to you and apply in person to boost the chances of receiving your funds on the same day. When applying in person, ensure that you have your government ID or driver's license; a passport will work as well. Occasionally, lenders may request proof of address, so bring a utility bill to the store as well.

To find the nearest paycheck advance loan store, please use the list below and find your city.

Payday Loan Direct Lender Companies in Long Beach, MS

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