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Personal loans in Brandon, MS

Borrowers in Brandon use personal loans to consolidate balances or cover a one-time cost, and the terms depend on your credit, income and existing obligations. The Census counts about 25,719 residents in Brandon, ranking it 15th among the 299 places in Mississippi. Rate caps and licensing for consumer lenders in Mississippi come from state law, and the sourced rows below set them out.

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

Advertising disclosure: Personalloaned may receive a referral fee if you apply through a link on this page. That fee does not change the rate you are offered, and it does not change our content. We are not a lender. The lowest rates are only available to the most qualified applicants. Read the full disclosure.

Brandon at a glance

  • Population: roughly 25,719 people; 15th of 299 places in Mississippi (Census Vintage 2023 subcounty estimate).
  • 2020 Census base: the 2020 count put the population at 25,137 (US Census Bureau).
  • 2020 to 2023 change: an increase of about 2.3% since the 2020 count (US Census Bureau).
  • Rank among Mississippi places: 15th-largest of 299 (US Census Bureau, Vintage 2023 estimate).
  • Size percentile: roughly 95% of Mississippi's places have fewer residents (US Census Bureau).
  • Coordinates: the Census Gazetteer places it at 32.2781, -89.9907.
  • Nearest larger cities: Pearl, MS (6 mi); Jackson, MS (13 mi); Madison, MS (16 mi); Clinton, MS (21 mi); Meridian, MS (76 mi) (Census populations, approximate straight-line distance).
  • Smaller places close by: Flowood, MS (6 mi); Richland, MS (10 mi); Pelahatchie, MS (11 mi) (US Census Bureau).

What a personal loan costs in Brandon

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

The advertised interest rate leaves out fees that the APR captures, which is why APR is the number to weigh; try the personal loan calculator before you apply.

A longer repayment period spreads the cost and increases the interest paid, so compare total cost, not just the monthly figure.

Shop with more than one lender and treat pre-qualification as an estimate, since the final terms follow a full application.

Mississippi lending rules that apply in Brandon

Every figure in the table below is sourced to a publisher with a date; where a state does not publish a number, we say so rather than estimate.

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 Brandon

The steps below are worth completing first when you borrow in Brandon:

  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 Brandon?
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 Brandon are the same as elsewhere in Mississippi.
How much can I borrow with a personal loan in Brandon?
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 Brandon 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 Brandon 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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