Personal loans in Flowood, MS
U.S. Census Bureau, ACS 2020–2024 5-year estimates for Flowood, MS.
The median household in Flowood earns $83,880 a year, 49% above the Mississippi median of $56,447. About 13% of residents live below the federal poverty line, and 45.8% of households rent their home.
Mississippi law that applies in Flowood
| 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 Flowood
Here's what to have on hand before you start your personal loan request in Flowood:
- 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 Flowood
What Flowood borrowers use it for
gifts and travel without maxing a card
Need money nowthe fastest options online
Medical billspay a doctor, dentist or pharmacy bill now
Moving costsdeposits, trucks and first-week expenses
Loans for your situation
How to get a personal loan in Flowood
- 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 Flowood
25 FDIC-insured bank branches from 17 banks. Many banks offer small-dollar loans or overdraft lines to existing customers.
| Bank | Branches | Example location |
|---|---|---|
| Community Bank of Mississippi | 4 | 1905 Community Bank Way, Flowood 39232 |
| Trustmark Bank | 3 | 5627 Highway 25, Flowood 39232 |
| BankPlus | 2 | 509 Lakeland Pl, Flowood 39232 |
| Regions Bank | 2 | 680 Grants Ferry Rd, Flowood 39232 |
| The Huntington National Bank | 2 | 150 E Metro Dr, Flowood 39232 |
| Wells Fargo Bank, National Association | 1 | 2299 Lakeland Dr, Flowood 39232 |
| Renasant Bank | 1 | 4247 Lakeland Dr, Flowood 39232 |
| The Bank of Forest | 1 | 1698 Old Fannin Rd, Flowood 39232 |
Source: FDIC BankFind Suite, retrieved Oct 2026.
Credit unions in Flowood
3 credit-union locations from 3 credit unions.
| Credit union | Location |
|---|---|
| Statewide | 295 E Layfair Dr, Flowood 39232 |
| Magnolia | 2847 Lakeland Dr, Flowood 39232 |
| Keesler | 389 Ridge Way, Flowood 39232 |
Source: NCUA credit union branch data, June 30, 2026.
Nearby cities
County: Rankin County · Payday Loans in Flowood · Title Loans in Flowood
Frequently asked questions
Can I get a personal loan with bad credit in Flowood?
Possibly. Lenders in our network consider applicants with fair and bad credit across Mississippi, including Flowood. Expect higher APRs than prime borrowers get, and compare every offer's total cost.
Is there a maximum interest rate on personal loans in Flowood, 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 Flowood?
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.
Are personal loans bad for your credit?
Not necessarily. Checking offers often uses a soft inquiry that doesn't affect your score, though a lender may do a hard pull before final approval. Once you have the loan, on-time payments can help build your credit history, especially with lenders that report to the major bureaus, while missed payments can lower your score. Flowood residents can see their options in about 3 minutes.
What is an installment loan?
An installment loan is money you borrow and repay in fixed, scheduled payments, usually every two weeks or monthly, until it's paid off. Personal loans, auto loans and many short-term loans are installment loans. Because repayment is spread out, each payment is smaller than a lump sum. Lenders in our network offer installment loans from $100 to $5,000 to Flowood borrowers who qualify.
Can I get a personal loan in Flowood with bad credit?
Yes, it's possible. Many lenders in our network work with borrowers who have fair, poor or limited credit, and they look at factors like income and employment, not just your score. Approval and rates depend on your full profile, and nothing is guaranteed, but checking your options is free. Flowood residents can see if they qualify for $100 to $5,000 in about 3 minutes.
Can I get an emergency loan with bad credit in Flowood?
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. Flowood residents can see if they qualify in about 3 minutes.
How do installment loans work in Flowood?
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. Flowood residents can see installment loan offers with our free 3-minute form.
Do I need to visit a store in Flowood?
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.