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Personal loans in Potts Camp, MS

A personal loan in Potts Camp is a fixed-term installment product, and the price a lender offers you is driven by your credit profile, income and existing debts. Potts Camp's Census population of roughly 404 makes it the 219th-largest of 299 places in Mississippi. The sourced table below lists the Mississippi rate caps and licensing rules a lender must follow on a loan made here.

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

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Potts Camp at a glance

  • Population: 404 people, the 219th-largest place among Mississippi's 299 Census places (US Census Bureau, Vintage 2023).
  • 2020 Census base: 421 people at the 2020 Census, the baseline for the trend below (US Census Bureau).
  • 2020 to 2023 change: down roughly 4.0% across the 2020-to-2023 comparison (US Census Bureau).
  • Rank among Mississippi places: 219th-largest of 299 (US Census Bureau, Vintage 2023 estimate).
  • Size percentile: about 27% of Mississippi's Census places are smaller (US Census Bureau).
  • Coordinates: 34.6492, -89.3064 (US Census Bureau Gazetteer).
  • Nearest larger cities within 120 miles: Hickory Flat, MS (7 mi); Holly Springs, MS (12 mi); Myrtle, MS (12 mi); Ashland, MS (15 mi); Blue Mountain, MS (16 mi) (US Census Bureau).
  • Nearest smaller communities: Snow Lake Shores, MS (13 mi); Abbeville, MS (15 mi); Toccopola, MS (28 mi), each a US Census place.

What a personal loan costs in Potts Camp

Personal loans are installment credit — one lump sum, repaid in equal monthly installments across a fixed term you agree to up front.

The APR is the comparable price of a loan since it folds in fees; model any offer with the personal loan calculator first.

Your credit, income and existing debts drive the rate a lender offers, while the term you pick sets how much interest builds on top.

Before you borrow, decide what the loan is for and whether the monthly payment fits a budget you can already meet without taking on new debt.

Mississippi lending rules that apply in Potts Camp

Where a figure is not published by the state, the row points to the source instead of guessing.

RuleDetailSource
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
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

How to compare offers in Potts Camp

These steps are the ones that most affect the offer you receive in Potts Camp:

  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 Potts Camp?
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 Potts Camp are the same as elsewhere in Mississippi.
How much can I borrow with a personal loan in Potts Camp?
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 Potts Camp 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 Potts Camp 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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