Pittsboro at a glance
- Population: about 154, 280th by size in Mississippi of 299 places (Census Vintage 2023 subcounty estimate).
- 2020 Census base: the 2020 Census recorded 161 residents here (US Census Bureau).
- 2020 to 2023 change: down roughly 4.3% across the 2020-to-2023 comparison (US Census Bureau).
- Rank among Mississippi places: 280th-largest of 299 (US Census Bureau, Vintage 2023 estimate).
- Size percentile: it is larger than about 6% of the places in Mississippi (US Census Bureau).
- Coordinates: mapped at 33.9400, -89.3373 by the US Census Bureau Gazetteer.
- Nearest larger cities: Bruce, MS (4 mi); Calhoun City, MS (6 mi); Derma, MS (6 mi); Vardaman, MS (10 mi); New Houlka, MS (19 mi); US Census Bureau population estimates.
- Nearest smaller towns: Big Creek, MS (8 mi); Slate Springs, MS (14 mi); Woodland, MS (20 mi) — US Census Bureau populations.
What a personal loan costs in Pittsboro
Unlike a revolving credit card, a personal loan is closed-end: the balance falls on a fixed schedule and the payment does not change.
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.
Choosing a longer term eases the monthly budget but adds interest over the life of the loan; a shorter term costs more per month and less overall.
Pre-qualifying with several lenders takes minutes, uses a soft pull, and gives you real numbers to compare before any hard inquiry.
Mississippi lending rules that apply in Pittsboro
The table lists the Mississippi rules that apply to a loan made in Pittsboro, each with the regulator that published it.
| Rule | Detail | Source |
|---|---|---|
| Payday lending status | Legal 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 licensing | Small 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 regulator | Mississippi 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 |
| 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 |
How to compare offers in Pittsboro
The steps below are worth completing first when you borrow in Pittsboro:
- Pull your free credit reports and dispute any error — it is the cheapest way to improve the rate you are offered.
- Run your figures through the personal loan calculator on this site so you know the payment before a lender quotes one.
- Pre-qualify with at least three lenders and compare the APR, not the interest rate.
- Check that the lender is licensed in Mississippi using the regulator named above.
- Read the disclosure for origination fees and any prepayment penalty before you sign.