By having a median home earnings of only $44,717, Mississippi is well underneath the nationwide average of $61,937. Not just may be the median home earnings among the lowest within the nation, Mississippi additionally had the greatest price of men and women residing underneath the poverty line in 2019: 19.7per cent.
Pay day loans in Mississippi
The table below shows the 15 counties in Mississippi utilizing the greatest levels of payday lenders:
Populace per Licensee*
Populace per Licensee*
Total Costs Paid***
*2000 Census information.
**This is projected by multiplying the amount of licensees because of the median that is national size ($350) because of the national normal loans per shop (3,643).
***Assuming a charge of $21.95 per $100 borrowed.
Supply: вЂњHigh-Cost Payday Lending Traps Mississippi BorrowersвЂќ Johnson, J. Center for Responsible Lending. December accessed.
Customer Protection in Mississippi
Simple tips to Report a Lender in Mississippi
The Mississippi Department of Banking and Customer Finance
- Address: P.O. Box 12129 Jackson, MS 39236-2129
- Mobile: (601) 321-6901
Guides to Pay Day Loans in Mississippi
Have a look at this payday loan guides for the cities that are following MississippiвЂ¦
- Prices & Terms
- Bad Credit Loans
- No Credit Check Always Loans
- Signature Loans
- Installment Loans
- Cash Loan
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