Payday loans in Grenada, MS
U.S. Census Bureau, ACS 2020–2024 5-year estimates for Grenada, MS.
The median household in Grenada earns $46,303 a year, 18% below the Mississippi median of $56,447. About 27% of residents live below the federal poverty line, and 43.7% of households rent their home. 13.8% of households have no home internet; our form works on any phone. When an unexpected bill hits before payday, Grenada residents can request $100 to $1,000 online in minutes.
Mississippi law that applies in Grenada
| Maximum loan | Your check (loan plus fee) may not be for more than $500, and you may not have more than $500 in total outstanding, fees included. |
|---|---|
| Fee cap | No more than $20 per $100 advanced for checks with a face amount up to $250, and no more than $21.95 per $100 advanced for checks over $250 up to $500. |
| Rollovers | A lender may not renew or extend a payday check, and a check may not be paid off with the proceeds of another check cashed by the same lender or an affiliate. |
| Loans at once | You may have more than one payday loan, but your total outstanding with a lender may not exceed $500 including fees, according to DBCF. |
| Payment plan | Mississippi law does not require a payment plan. |
Full rules with statute citations: Payday Loans in Mississippi. Cities in Mississippi cannot set their own payday or title loan rate caps in most cases; zoning rules for storefronts are local.
What you need for a payday loan in Grenada
Lenders that serve Grenada typically ask for the following:
- Be 18 or older (19 in some states) and a US resident
- A government-issued photo ID
- A steady source of income — a job, benefits or self-employment
- An active checking account in your name for the deposit
- A working phone number and email address
Popular loan amounts in Grenada
What Grenada borrowers use it for
pay a doctor, dentist or pharmacy bill now
Emergencieshandle the unexpected the same week
Holiday expensesgifts and travel without maxing a card
Need money nowthe fastest options online
Loans for your situation
How to get a payday loan in Grenada
- Pick an amount and fill out the short form (about 3 minutes).
- We share your request with lenders in our network that serve Mississippi.
- If a lender approves you, you'll see the fee, APR and due date before you sign.
- Funds are deposited to your bank account, often the next business day.
Estimate your cost
How much will I repay?
Mississippi caps the fee at $20 per $100 (state law).
Estimate only. Your lender shows your exact cost before you sign.
Banks and credit unions in the area
Banks with branches in Grenada
8 FDIC-insured bank branches from 7 banks. Many banks offer small-dollar loans or overdraft lines to existing customers.
| Bank | Branches | Example location |
|---|---|---|
| Renasant Bank | 2 | 1537 Commerce St, Grenada 38901 |
| The Huntington National Bank | 1 | 750 Sunset Dr, Grenada 38901 |
| Regions Bank | 1 | 332 Sunset Dr, Grenada 38901 |
| BankPlus | 1 | 1663 Sunset Dr, Grenada 38901 |
| The Cleveland State Bank | 1 | 229 Sunset Dr, Grenada 38901 |
| Woodforest National Bank | 1 | 1655 Sunset Dr, Grenada 38901 |
| Guaranty Bank and Trust Company | 1 | 1433 Sunset Dr, Grenada 38901 |
Source: FDIC BankFind Suite, retrieved Oct 2026.
Credit unions in Grenada
2 credit-union locations from 2 credit unions.
| Credit union | Location |
|---|---|
| Mutual | 960 J K Avent Drive, Grenada 38901 |
| Southern Security | 1360 Sunset Dr Ste 4, Grenada 38901 |
Source: NCUA credit union branch data, June 30, 2026.
Nearby cities
County: Grenada County · Personal Loans in Grenada · Title Loans in Grenada
Frequently asked questions
Can I get a payday loan in Grenada, MS?
Payday loans (delayed deposit check cashing) are legal in Mississippi from check cashers licensed by DBCF under the Mississippi Check Cashers Act, Miss. You can request one online from Grenada through our network; approval and terms are set by the lender.
How much can I borrow with a payday loan in Grenada?
Your check (loan plus fee) may not be for more than $500, and you may not have more than $500 in total outstanding, fees included. DBCF's example: you write a $500 check, pay a $90 fee and receive $410.
How much does a $300 payday loan cost in Grenada?
At Mississippi's cap of $20 per $100, the fee on $300 is $60, so you would repay $360 on your due date.
How fast can I get a payday loan in Grenada?
The form takes about three minutes and many lenders decide within minutes. If you're approved and sign before the lender's cutoff, funds are often deposited the next business day.
Do payday lenders in Grenada check your credit?
Most payday lenders check something, but it often isn't a traditional credit report. Many focus on income and banking history and may use alternative credit data or a soft check instead of a hard pull from the major bureaus. Each lender sets its own process and will tell you what it reviews. Submitting our form is free, and you can see if you qualify in about 3 minutes.
What is a payday loan in Grenada?
A payday loan is a small, short-term loan, usually a few hundred dollars, that you repay in one payment on or around your next payday. Borrowers in Grenada can request one online from home instead of visiting a storefront. Through our free form you can be matched with lenders in our network, with amounts depending on the lender and Mississippi rules. See if you qualify in about 3 minutes.
Where can I get a payday loan in Grenada?
You can visit a storefront in Grenada or request a loan online without leaving home. Our free form sends one request to multiple lenders in our network, so you don't have to apply store by store. If a lender makes you an offer, you review the terms and decide whether to accept, with no obligation. It takes about 3 minutes to see if you qualify.
How do payday loans work in Grenada?
You fill out a short online request, a lender reviews your income and banking details, and if you're approved you see the amount, fee and due date before you sign. Funds are typically deposited into your checking account, often by the next business day. On your due date, repayment is usually taken from that same account. Grenada residents can start the process online in about 3 minutes.
Is a payday loan secured or unsecured?
A payday loan is an unsecured loan. You don't put up a car, home or other property as collateral. Instead, lenders base their decision mainly on your income and checking account, and repayment is usually scheduled from that account on your due date. That keeps the process quick, since there's nothing to appraise. Grenada residents can see if they qualify in about 3 minutes.
Do I need to visit a store in Grenada?
No. You can request offers online from a phone or computer. Some lenders, especially title lenders, may ask you to visit a location or send photos of your vehicle.