Personal loans in Meridian, MS
U.S. Census Bureau, ACS 2020–2024 5-year estimates for Meridian, MS.
The median household in Meridian earns $36,562 a year, 35% below the Mississippi median of $56,447. About 34% of residents live below the federal poverty line, and 51.3% of households rent their home. 13.6% of households have no home internet; our form works on any phone.
Mississippi law that applies in Meridian
| 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 Meridian
Lenders that serve Meridian 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 Meridian
What Meridian borrowers use it for
cover a short gap before payday
Need money nowthe fastest options online
Car repairskeep getting to work while the shop fixes it
Medical billspay a doctor, dentist or pharmacy bill now
Loans for your situation
How to get a personal loan in Meridian
- 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 Meridian
28 FDIC-insured bank branches from 10 banks. Many banks offer small-dollar loans or overdraft lines to existing customers.
| Bank | Branches | Example location |
|---|---|---|
| The Citizens National Bank of Meridian | 7 | 512 22nd Ave, Meridian 39301 |
| Great Southern Bank | 5 | 218 22nd Ave S, Meridian 39301 |
| Trustmark Bank | 3 | 700 23rd Ave, Meridian 39301 |
| Regions Bank | 3 | 546 Bonita Lakes Dr, Meridian 39301 |
| BankPlus | 2 | 215 22nd Ave, Meridian 39301 |
| The Commercial Bank | 2 | 7591 Highway 39, Meridian 39305 |
| Community Bank of Mississippi | 2 | 5012 Highway 39 N, Meridian 39301 |
| Woodforest National Bank | 2 | 2400 Highway 19 N, Meridian 39307 |
Source: FDIC BankFind Suite, retrieved Oct 2026.
Credit unions in Meridian
7 credit-union locations from 6 credit unions.
| Credit union | Location |
|---|---|
| Navy Federal Credit Union | Naval Air Station Meridian, Meridian 39309 |
| Singing River | 4400 Highway 39 N, Meridian 39301 |
| 1St Mississippi | 600 19Th Ave, Meridian 39301 |
| Meridian Mutual | 809 26Th Ave, Meridian 39301 |
| Meridian Mississippi Ang | 6225 M St Bldg 305, Meridian 39307 |
| Meridian Postal | 2100 9Th St Ste 5, Meridian 39301 |
Source: NCUA credit union branch data, June 30, 2026.
Nearby cities
County: Lauderdale County · Payday Loans in Meridian · Title Loans in Meridian
Frequently asked questions
Can I get a personal loan with bad credit in Meridian?
Possibly. Lenders in our network consider applicants with fair and bad credit across Mississippi, including Meridian. Expect higher APRs than prime borrowers get, and compare every offer's total cost.
Is there a maximum interest rate on personal loans in Meridian, 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 Meridian?
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 an emergency loan with bad credit in Meridian?
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. Meridian residents can see if they qualify 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 Meridian with our free 3-minute form.
How do I apply for a personal loan with bad credit in Meridian?
Start by gathering your ID, proof of income and bank account details. Then complete our online form with accurate information about your income and the amount you need. Lenders in our network review your request, and many respond within minutes. Asking for an amount that fits your income can improve your chances. If you're approved, you'll review the full terms before signing.
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. Meridian residents can see their options in about 3 minutes.
How long does it take to get a personal loan in Meridian?
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 Meridian.
Do I need to visit a store in Meridian?
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.