Holly Springs at a glance
- Population: 6,732 (US Census Bureau, Vintage 2023 subcounty estimate), the 54th-largest of 299 places in Mississippi.
- 2020 Census base: the 2020 Census recorded 6,961 residents here (US Census Bureau).
- 2020 to 2023 change: a decline of roughly 3.3% between the 2020 count and the 2023 estimate (US Census Bureau).
- Rank among Mississippi places: 54th of the state's 299 Census places (US Census Bureau).
- Size percentile: it exceeds roughly 82% of Mississippi's Census places by population (US Census Bureau).
- Coordinates: mapped at 34.7780, -89.4458 by the US Census Bureau Gazetteer.
- Nearest larger cities: Collierville, TN (24 mi); Olive Branch, MS (26 mi); Germantown, TN (28 mi); Oxford, MS (30 mi); New Albany, MS (31 mi); US Census Bureau population estimates.
- Nearest smaller towns: Potts Camp, MS (12 mi); Snow Lake Shores, MS (12 mi); Byhalia, MS (15 mi) — US Census Bureau populations.
What a personal loan costs in Holly Springs
Most personal loans are unsecured, meaning no collateral is pledged, and they are repaid in equal installments over a fixed term.
APR is the figure that lets you compare like with like, since it wraps fees into the rate; run your own numbers with the personal loan calculator.
Choosing a longer term eases the monthly budget but adds interest over the life of the loan; a shorter term costs more per month and less overall.
Before you borrow, decide what the loan is for and whether the monthly payment fits a budget you can already meet without taking on new debt.
Mississippi lending rules that apply in Holly Springs
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.
| Rule | Detail | Source |
|---|---|---|
| State lending regulator | Mississippi 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 |
| 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 status | Legal 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 licensing | Small 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 |
How to compare offers in Holly Springs
These steps are the ones that most affect the offer you receive in Holly Springs:
- Pull your free credit reports and dispute any error — it is the cheapest way to improve the rate you are offered.
- Run your figures through the personal loan calculator on this site so you know the payment before a lender quotes one.
- Pre-qualify with at least three lenders and compare the APR, not the interest rate.
- Check that the lender is licensed in Mississippi using the regulator named above.
- Read the disclosure for origination fees and any prepayment penalty before you sign.