Personal loans in Laurel, MS
U.S. Census Bureau, ACS 2020–2024 5-year estimates for Laurel, MS.
The median household in Laurel earns $47,661 a year, 16% below the Mississippi median of $56,447. About 23% of residents live below the federal poverty line, and 36.8% of households rent their home. 16.3% of households have no home internet; our form works on any phone.
Mississippi law that applies in Laurel
| 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 Laurel
Lenders that serve Laurel typically ask for the following:
- 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 Laurel
What Laurel borrowers use it for
pay a doctor, dentist or pharmacy bill now
Car repairskeep getting to work while the shop fixes it
Rent duecover a short gap before payday
Emergencieshandle the unexpected the same week
Loans for your situation
How to get a personal loan in Laurel
- 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 Laurel
15 FDIC-insured bank branches from 9 banks. Many banks offer small-dollar loans or overdraft lines to existing customers.
| Bank | Branches | Example location |
|---|---|---|
| Community Bank of Mississippi | 4 | 909 North 16th Aveue, Laurel 39440 |
| The Huntington National Bank | 2 | 317 N 5th Ave, Laurel 39440 |
| Trustmark Bank | 2 | 1005 Sawmill Rd, Laurel 39440 |
| BankFirst Financial Services | 2 | 3220 Highway 15 N, Laurel 39440 |
| Regions Bank | 1 | 1415 W 5th St, Laurel 39440 |
| First State Bank | 1 | 1808 Highway 84 W, Laurel 39440 |
| Renasant Bank | 1 | 1945 Highway 15 N, Laurel 39440 |
| The Citizens National Bank of Meridian | 1 | 1127 Highway 15 N, Laurel 39440 |
Source: FDIC BankFind Suite, retrieved Oct 2026.
Credit unions in Laurel
3 credit-union locations from 2 credit unions.
| Credit union | Location |
|---|---|
| Sunbelt | 1506 Congress St, Laurel 39440 |
| Centuryfirst | 3217 Audubon Dr, Laurel 39440 |
Source: NCUA credit union branch data, June 30, 2026.
Nearby cities
County: Jones County · Payday Loans in Laurel · Title Loans in Laurel
Frequently asked questions
Can I get a personal loan with bad credit in Laurel?
Possibly. Lenders in our network consider applicants with fair and bad credit across Mississippi, including Laurel. Expect higher APRs than prime borrowers get, and compare every offer's total cost.
Is there a maximum interest rate on personal loans in Laurel, 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 Laurel?
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.
Can I get a personal loan with a 500 credit score?
It may be possible. A score around 500 limits options with traditional banks, but some online lenders consider low scores when you have steady income and an active bank account. Offers may be for smaller amounts, and approval isn't guaranteed. The quickest way to find out is to submit one request through our network and see whether lenders respond with an offer. It takes about 3 minutes.
How long does it take to get a personal loan in Laurel?
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 Laurel.
Can I get a personal loan in Laurel 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. Laurel residents can see if they qualify for $100 to $5,000 in about 3 minutes.
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 Laurel with our free 3-minute form.
Can I get an emergency loan with bad credit in Laurel?
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. Laurel residents can see if they qualify in about 3 minutes.
Do I need to visit a store in Laurel?
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.