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Personal loans in Marks, MS

A personal loan in Marks is an unsecured installment loan for consolidation or a planned expense, and what it costs follows your credit, income and debts. The Census puts Marks at about 1,283 residents, the 137th-largest of 299 places in Mississippi. Mississippi's rate ceilings and lender-licensing requirements appear below, each with the publisher and date behind it.

By the Personalloaned Editorial Team · Last updated 2026-09-16

Compare rates Run the numbers first

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Marks at a glance

  • Population: a Census-estimated 1,283, placing it 137th among Mississippi's 299 places (Vintage 2023 subcounty estimate).
  • 2020 Census base: 1,441 people at the 2020 Census, the baseline for the trend below (US Census Bureau).
  • 2020 to 2023 change: down roughly 11.0% across the 2020-to-2023 comparison (US Census Bureau).
  • Rank among Mississippi places: 137th-largest of 299 (US Census Bureau, Vintage 2023 estimate).
  • Size percentile: it is larger than about 54% of the places in Mississippi (US Census Bureau).
  • Coordinates: latitude 34.2535, longitude -90.2722 (US Census Bureau Gazetteer).
  • Nearest larger cities: Clarksdale, MS (17 mi); Tutwiler, MS (19 mi); Batesville, MS (20 mi); Charleston, MS (21 mi); Sardis, MS (24 mi); each population is a US Census Bureau estimate.
  • Smaller places nearby: Lambert, MS (4 mi); Crowder, MS (9 mi); Falcon, MS (10 mi), per US Census Bureau estimates.

What a personal loan costs in Marks

A personal loan hands you a single sum and a repayment schedule of equal monthly installments over an agreed term.

The number to compare is the APR, not the interest rate, because the APR folds in origination fees and other charges; our personal loan calculator will show what a given amount and term would cost.

Because interest accrues for longer, a longer term means a lower installment and a higher total cost — decide which matters more to you.

If you are consolidating debt, the loan only helps if you stop adding to the balances it clears; otherwise the total debt grows.

Mississippi lending rules that apply in Marks

The table lists the Mississippi rules that apply to a loan made in Marks, each with the regulator that published it.

RuleDetailSource
Maximum legal interest rate (usury cap)See the latest published figure
value_text left null: the maximum finance charge for licensed small-loan lenders is set by Miss. Code § 75-17-21, which § 75-67-119 references as the limit; no retrievable official page published the current figure for direct verification.		Mississippi Department of Banking and Consumer Finance
as of 2026-09-16
Payday lending statusLegal and licensed — check cashers (delayed-deposit/payday transactions) are licensed consumer-finance industries regulated by DBCF (Miss. Code § 75-67-501 et seq.)
Source says: "These industries include Money Transmitter, Small Loan, Check Cashers, Pawnbroker, Title Pledge, Consumer Loan Broker"		Mississippi Department of Banking and Consumer Finance
as of 2026-09-16
Small-loan / installment lender licensingSmall loan license required (Small Loan Regulatory Law; Miss. Code § 75-67-105)
Source says: "No person shall engage in the business of lending money ... without being the holder of a valid and subsisting license"		Mississippi Department of Banking and Consumer Finance
as of 2026-09-16
State lending regulatorMississippi Department of Banking and Consumer Finance (DBCF)
Source says: "The Mississippi Department of Banking and Consumer Finance's (DBCF) mission is to regulate, supervise and safeguard financial institutions chartered and licensed in Mississippi"		Mississippi Department of Banking and Consumer Finance
as of 2026-09-16
Delayed-deposit (payday) fee caps$20 per $100 advanced on checks ≤$250; $21.95 per $100 on checks over $250 (DBCF rule)
Source says: "Delayed deposit transaction: $20.00 per $100.00 advanced for checks $250.00 and under"		Mississippi Secretary of State (DBCF administrative regulations)
as of 2026-09-16

How to compare offers in Marks

Before you share your details with a lender in Marks:

  1. Pull your free credit reports and dispute any error — it is the cheapest way to improve the rate you are offered.
  2. Run your figures through the personal loan calculator on this site so you know the payment before a lender quotes one.
  3. Pre-qualify with at least three lenders and compare the APR, not the interest rate.
  4. Check that the lender is licensed in Mississippi using the regulator named above.
  5. Read the disclosure for origination fees and any prepayment penalty before you sign.

Common questions

Frequently asked questions

Can I get a personal loan with bad credit in Marks?
Yes, but expect a higher APR and possibly a smaller amount. Lenders that serve borrowers with lower scores are licensed statewide, so your options in Marks are the same as elsewhere in Mississippi.
How much can I borrow with a personal loan in Marks?
Loan amounts are set by each lender and depend on your income, credit and existing debts, so we do not quote a range we cannot source. The Consumer Financial Protection Bureau explains how lenders assess an application, and our personal loan calculator will model the payment for any amount before you apply.
Does a personal loan in Marks require collateral?
Unsecured personal loans do not require collateral. A secured loan, such as a home-equity or auto-secured loan, does — and it puts the pledged asset at risk if you default.
Will shopping for a loan in Marks hurt my credit?
Pre-qualification usually uses a soft credit pull that does not affect your score. A full application triggers a hard inquiry, which may lower your score by a few points temporarily.

Nearby places

Where these figures come from

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