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Personal loans in Ethel, MS

A personal loan in Ethel is an unsecured installment loan for consolidation or a planned expense, and what it costs follows your credit, income and debts. The Census counts about 336 residents in Ethel, ranking it 237th among the 299 places in Mississippi. The rate caps and licensing requirements that apply to a lender in Mississippi are set out in the sourced table below.

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

Compare rates Run the numbers first

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Ethel at a glance

  • Population: a Census-estimated 336, placing it 237th among Mississippi's 299 places (Vintage 2023 subcounty estimate).
  • 2020 Census base: the 2020 Census recorded 347 residents here (US Census Bureau).
  • 2020 to 2023 change: about 3.2% below the 2020 Census base (US Census Bureau).
  • Rank among Mississippi places: 237th out of 299 Census places (US Census Bureau).
  • Size percentile: it exceeds roughly 21% of Mississippi's Census places by population (US Census Bureau).
  • Coordinates: latitude 33.1221, longitude -89.4650 (US Census Bureau Gazetteer).
  • Nearest larger cities: Kosciusko, MS (8 mi); Weir, MS (14 mi); Ackerman, MS (21 mi); Vaiden, MS (22 mi); Kilmichael, MS (23 mi) (Census populations, approximate straight-line distance).
  • Smaller places nearby: McCool, MS (9 mi); French Camp, MS (12 mi); Sallis, MS (19 mi), per US Census Bureau estimates.

What a personal loan costs in Ethel

The defining feature of a personal loan is the fixed installment: the same payment every month until the term ends.

The number to compare is the APR, not the interest rate, because the APR folds in origination fees and other charges; our personal loan calculator will show what a given amount and term would cost.

The term is the lever: extend it and the payment falls while total interest climbs; shorten it and the reverse happens.

Set the loan amount from the expense itself rather than the maximum you are approved for, and keep the payment within your existing budget.

Mississippi lending rules that apply in Ethel

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
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
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

How to compare offers in Ethel

Run through this list before signing anything in Ethel:

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