If you find yourself in a financial emergency, you might begin to wonder what options are available to you. If borrowing from friends or family isn’t an option, then you might consider going to the bank. But if you are in a time crunch—or don’t have the best credit—then waiting to get approved for a loan could only put you even further into trouble.
This is when payday loans in Mississippi could be the answer to your troubles. People tend to choose payday loans for a variety of different reasons, including privacy, reliability, quickness, ease of application, and ready availability. This makes them a fantastic option when you seem to be out of other ideas—but you do need to make sure you are working with a reputable loan company.
Associating with a trusted payday loan direct lender helps you to eliminate third parties such as mortgage brokers and questionable, unregistered lenders. This enables you to reduce the risk of turning a short-term financial emergency into a long-standing financial hardship. By working with a legitimate payday loan company, you are able to enjoy several benefits of the loan, including:
- Online Applications & Processes
- Swift Services
- High Approval Rates
- No Issues with Bad or No Credit Scores
- Your Credit Score Is Unchanged
Guaranteed Approval—Subject to Eligibility
payday loans Mississippi
Payday loans in Mississippi are easier to get than other types of loans, but they also come with a higher interest rate than other types of borrowing. That means a check advance can be a huge help when you need money immediately, but you must set limits on how much you borrow to ensure you can pay back the loan in a reasonable amount of time. Let’s take a minute to delve more into what payday loans are and how they work.
What Is a Payday Loan?
In general, a payday loan is a small, short-term advance that you can use to meet an unexpected expense. You are then required to repay the lender—with interest—within a specified period. These loans are regulated by the Mississippi Division of Finance and Administration (DFA).
Are Payday Loans Legal in Mississippi?
Yes! It is perfectly legal to obtain a payday loan in Mississippi. All you need to do is apply online for the loan, receive approval, and then repay on schedule. There are no restrictions on how many times you can borrow money from a payday lender either, but you always want to make sure you aren’t overextending your finances.
How Do I Get Approved for a Payday Loan?
You’ll be happy to hear that it is simple! In most cases, you will get your approval in less than five minutes and will be able to take out the money within just one business day. The key to getting approved for a check advance is being honest about your situation. Include all relevant details on your application, such as your name, address, phone number, email address, employment status, current salary, and the last three months of pay stubs. It is also a good idea to prove that you have enough money to repay the loan, such as showing proof of existing savings or checking account balances.
Are you short on cash that is needed to make an emergency purchase and you are wondering if a payday loan is the right solution to solve your short-term financial problems? When used responsibly, payday loans in Mississippi can be a helpful temporary fix. Unfortunately, they are sometimes used incorrectly and only exacerbate a tough financial situation. Knowing the difference between when you should and should not use payday loans is key to responsible money management.
When To Use Payday Loans
- Emergency medical bills
- Car repair bills
- To replace a broken household item such as a refrigerator, water heater, or HVAC system
- To save on hefty late fees/nonsufficient fund charges
- Avoiding a bounced check which can affect your credit score
- Short on cash but can quickly repay the loan on payday
Using payday loans responsibly can help with an emergency repair or save you from expensive fees when you can’t otherwise afford them. Speedee Cash is here to help you with your short-term financial needs. Call us at 1-888-432-4434 or stop into one of our many convenient locations throughout Alabama, Mississipi, Tennessee, and Nevada, and find out if a payday loan is a right fit for your financial situation.
At Speedee Cash, we offer flexible lending options through our financial service products, such as our payday loans in Mississippi, to help our clients achieve their financial goals. When you need cash now, our many Speedee Cash locations have a solution to help you with your short-term financial needs.
Depending on the service you choose, our quick application and approval process can get you cash in a matter of minutes. Even the process for an installment loan is fast and easy. Installment loans vary in the dollar amount lent to you and the number of installments the loan is to be repaid in. Whereas payday loans are single payment loans paid back all at once, installment lending loans allow for a higher cash advance with a longer payoff option. In each state we operate in (excluding Georgia) we offer an unsecured loan product. We do run a credit check but we are lenient with our qualifications.
Our goal is to make quick cash available without hassle or embarrassment for you. We aren’t looking for perfect scores or require in-depth applications. Don’t wait for the money you need now. Talk to one of our friendly staff members who will treat you with the dignity and respect you deserve. Contact us today at 1 (888) 432-4434 with any questions you may have on our short-term loan services.
Welcome to Speedee Cash Blog! We are your trusted source for flexible lending options that are sure to fit your short-term financial needs. We offer many different loan options that deliver quick application processes and fast money solutions. As your financial lender, we strive to create substantial relationships with our customers to ensure transparency through our business practices. Below we feature a few of our financing options.
These are typically the least costly of our loans and are single payment advances. To receive a check advance, you write us a personal check for your loan amount, including our small fee, and then we don’t see you until your due date. Then you will come back on your due date and pay us back the amount of money we loaned you plus the service fee, we give you back your personal check.
This loan requires no credit check and is a great option if you need a larger loan amount than a payday loan. We hold on to your car title as security until your debt is paid off.
Our installment loans require a credit check and vary in the amount and reimbursement period.
We offer many more loan options and financial solutions. If you are interested in learning more about our payday loans in Mississippi or you have questions about our other services, contact us today at 1 (888) 432-4434.