Personal loans in Brookhaven, MS
U.S. Census Bureau, ACS 2020–2024 5-year estimates for Brookhaven, MS.
The median household in Brookhaven earns $36,685 a year, 35% below the Mississippi median of $56,447. About 29% of residents live below the federal poverty line, and 46.3% of households rent their home.
Mississippi law that applies in Brookhaven
| Rate cap | Small loan licensees may choose: (1) tiered rates of 36% a year on the first $1,000, 33% on $1,000-$2,500, 24% on $2,500-$5,000 and 14% above $5,000 (or 18% on loans of $25,000+); or (2) for loans up to $5,330 (from July 1, 2026), up to 59% APR, repayable in… |
|---|---|
| License required | Yes. |
| Loan sizes covered | The 59% alternative-installment rate applies to loans up to $5,330 (CPI-adjusted each July 1; set at $5,100 by 2024 SB 2543). |
Full rules with statute citations: Personal 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 personal loan in Brookhaven
Here's what to have on hand before you start your personal loan request in Brookhaven:
- Be 18 or older and a US resident
- Your Social Security number for identity verification
- A steady source of income
- An active checking account in your name
- A working phone number and email address
Popular loan amounts in Brookhaven
What Brookhaven borrowers use it for
keep getting to work while the shop fixes it
Moving costsdeposits, trucks and first-week expenses
Holiday expensesgifts and travel without maxing a card
Rent duecover a short gap before payday
Loans for your situation
How to get a personal loan in Brookhaven
- Choose an amount from $100 to $5,000 and complete one form.
- Lenders in our network review your request; many accept fair or bad credit.
- Compare the APR, monthly payment and total cost on any offer.
- If you accept, money is usually deposited in 1–2 business days.
Estimate your cost
Personal / installment loan calculator
Estimate only. Your rate depends on your credit, income and state; your lender shows the exact terms before you sign.
Banks and credit unions in the area
Banks with branches in Brookhaven
15 FDIC-insured bank branches from 11 banks. Many banks offer small-dollar loans or overdraft lines to existing customers.
| Bank | Branches | Example location |
|---|---|---|
| Trustmark Bank | 3 | 148 S Whitworth Ave, Brookhaven 39601 |
| BankPlus | 2 | 147 S Railroad Ave, Brookhaven 39601 |
| First Bank | 2 | 750 Brookway Blvd, Brookhaven 39601 |
| Bank of Brookhaven | 1 | 411 Brookway Blvd, Brookhaven 39601 |
| Regions Bank | 1 | 714a Halbert Heights Rd, Brookhaven 39601 |
| Pike National Bank | 1 | 702 Highway 51 N, Brookhaven 39601 |
| Bank of Franklin | 1 | 721 Brookway Blvd, Brookhaven 39601 |
| Woodforest National Bank | 1 | 960 Brookway Blvd, Brookhaven 39601 |
Source: FDIC BankFind Suite, retrieved Oct 2026.
Credit unions in Brookhaven
1 credit-union locations from 1 credit unions.
| Credit union | Location |
|---|---|
| Ferguson | 352 Brookhaven St, Brookhaven 39601 |
Source: NCUA credit union branch data, June 30, 2026.
Nearby cities
County: Lincoln County · Payday Loans in Brookhaven · Title Loans in Brookhaven
Frequently asked questions
Can I get a personal loan with bad credit in Brookhaven?
Possibly. Lenders in our network consider applicants with fair and bad credit across Mississippi, including Brookhaven. Expect higher APRs than prime borrowers get, and compare every offer's total cost.
Is there a maximum interest rate on personal loans in Brookhaven, MS?
Tiered 36%-14% APR; 59% to $5,330; credit availability 25%/month to $3,320.
How fast can I get a personal loan in Brookhaven?
Many online lenders give a decision within minutes and deposit funds in one to two business days after you sign. Your bank's processing time can add a day.
How do installment loans work in Brookhaven?
You apply, the lender reviews your income and credit profile, and if you're approved you receive a lump sum deposited into your bank account. You then repay it in equal scheduled payments over an agreed term, with interest built in. Your agreement shows each payment amount and date before you sign. Brookhaven residents can see installment loan offers with our free 3-minute form.
Can I get an emergency loan with bad credit in Brookhaven?
Yes, many emergency loan lenders consider borrowers with bad credit. They often put more weight on your current income and ability to repay than on past credit problems. Approval isn't guaranteed, but applying through our network lets you reach multiple lenders with a single request instead of applying again and again. Brookhaven residents can see if they qualify in about 3 minutes.
How can I get an emergency loan in Brookhaven?
Unexpected bills happen, and an online emergency loan can help you handle them quickly. Fill out our 3-minute form with your income and bank details, and lenders in our network will review your request. Many make decisions within minutes, and approved funds are often deposited by the next business day. Amounts range from $100 to $5,000, and you're never obligated to accept an offer.
How long does it take to get a personal loan in Brookhaven?
With online lenders, the process is usually fast. Our form takes about 3 minutes, many lenders make a decision within minutes, and approved funds are often deposited by the next business day. Some lenders may ask for documents such as pay stubs, which can add a little time. Having your information ready before you start helps you get money sooner in Brookhaven.
What credit score do I need for a personal loan?
There's no single minimum. Some lenders want good credit, but many lenders in our network consider fair, poor and limited credit and weigh your income and job history too. A higher score may get you better rates and larger amounts, while lower scores may still qualify for smaller loans. Find out what's available to you in Brookhaven with our free 3-minute form.
Do I need to visit a store in Brookhaven?
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.