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Personal loans in Bassfield, MS

In Bassfield, a personal loan gives you a lump sum repaid over a set term, with the lender setting your APR from your credit, income and debts. The Census counts about 180 residents in Bassfield, ranking it 273rd among the 299 places in Mississippi. Mississippi law sets the rate ceilings and the licensing a lender must hold, and the table below lists each sourced figure.

By the Personalloaned Editorial Team · Last updated 2026-09-16

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Bassfield at a glance

  • Population: a Census-estimated 180, placing it 273rd among Mississippi's 299 places (Vintage 2023 subcounty estimate).
  • 2020 Census base: 190 residents (US Census Bureau, 2020 Census).
  • 2020 to 2023 change: down about 5.3% from the 2020 Census base to the 2023 estimate (US Census Bureau).
  • Rank among Mississippi places: the 273rd-largest of 299 (US Census Bureau, 2023 estimate).
  • Size percentile: ahead of around 9% of Mississippi places in population terms (US Census Bureau).
  • Coordinates: 31.4960 latitude, -89.7449 longitude (US Census Bureau Gazetteer).
  • Nearest larger cities (within 120 miles): Prentiss, MS (10 mi); Sumrall, MS (13 mi); Collins, MS (15 mi); Seminary, MS (15 mi); Columbia, MS (17 mi) (US Census Bureau populations).
  • Smaller places nearby: Silver Creek, MS (17 mi); Sylvarena, MS (42 mi); Montrose, MS (53 mi), per US Census Bureau estimates.

What a personal loan costs in Bassfield

Personal loans are installment credit — one lump sum, repaid in equal monthly installments across a fixed term you agree to up front.

The APR is the comparable price of a loan since it folds in fees; model any offer with the personal loan calculator first.

Because interest accrues for longer, a longer term means a lower installment and a higher total cost — decide which matters more to you.

Pre-qualifying with several lenders takes minutes, uses a soft pull, and gives you real numbers to compare before any hard inquiry.

Mississippi lending rules that apply in Bassfield

Each row below is a Mississippi rule with its publisher and the date it was retrieved.

RuleDetailSource
Delayed-deposit (payday) fee caps$20 per $100 advanced on checks ≤$250; $21.95 per $100 on checks over $250 (DBCF rule)
Source says: "Delayed deposit transaction: $20.00 per $100.00 advanced for checks $250.00 and under"
Mississippi Secretary of State (DBCF administrative regulations)
as of 2026-09-16
Maximum legal interest rate (usury cap)See the latest published figure
value_text left null: the maximum finance charge for licensed small-loan lenders is set by Miss. Code § 75-17-21, which § 75-67-119 references as the limit; no retrievable official page published the current figure for direct verification.
Mississippi Department of Banking and Consumer Finance
as of 2026-09-16
Payday lending statusLegal and licensed — check cashers (delayed-deposit/payday transactions) are licensed consumer-finance industries regulated by DBCF (Miss. Code § 75-67-501 et seq.)
Source says: "These industries include Money Transmitter, Small Loan, Check Cashers, Pawnbroker, Title Pledge, Consumer Loan Broker"
Mississippi Department of Banking and Consumer Finance
as of 2026-09-16
Small-loan / installment lender licensingSmall loan license required (Small Loan Regulatory Law; Miss. Code § 75-67-105)
Source says: "No person shall engage in the business of lending money ... without being the holder of a valid and subsisting license"
Mississippi Department of Banking and Consumer Finance
as of 2026-09-16
State lending regulatorMississippi Department of Banking and Consumer Finance (DBCF)
Source says: "The Mississippi Department of Banking and Consumer Finance's (DBCF) mission is to regulate, supervise and safeguard financial institutions chartered and licensed in Mississippi"
Mississippi Department of Banking and Consumer Finance
as of 2026-09-16

How to compare offers in Bassfield

Here is a short checklist for comparing personal loans in Bassfield:

  1. Pull your free credit reports and dispute any error — it is the cheapest way to improve the rate you are offered.
  2. Run your figures through the personal loan calculator on this site so you know the payment before a lender quotes one.
  3. Pre-qualify with at least three lenders and compare the APR, not the interest rate.
  4. Check that the lender is licensed in Mississippi using the regulator named above.
  5. Read the disclosure for origination fees and any prepayment penalty before you sign.

Common questions

Frequently asked questions

Can I get a personal loan with bad credit in Bassfield?
Yes, but expect a higher APR and possibly a smaller amount. Lenders that serve borrowers with lower scores are licensed statewide, so your options in Bassfield are the same as elsewhere in Mississippi.
How much can I borrow with a personal loan in Bassfield?
Loan amounts are set by each lender and depend on your income, credit and existing debts, so we do not quote a range we cannot source. The Consumer Financial Protection Bureau explains how lenders assess an application, and our personal loan calculator will model the payment for any amount before you apply.
Does a personal loan in Bassfield require collateral?
Unsecured personal loans do not require collateral. A secured loan, such as a home-equity or auto-secured loan, does — and it puts the pledged asset at risk if you default.
Will shopping for a loan in Bassfield hurt my credit?
Pre-qualification usually uses a soft credit pull that does not affect your score. A full application triggers a hard inquiry, which may lower your score by a few points temporarily.

Nearby places

Where these figures come from

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