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Personal loans in Lucedale, MS

A personal loan in Lucedale is a fixed-term installment product, and the price a lender offers you is driven by your credit profile, income and existing debts. Lucedale's Census population of roughly 3,055 makes it the 83rd-largest of 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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Lucedale at a glance

  • Population: a Census-estimated 3,055, placing it 83rd among Mississippi's 299 places (Vintage 2023 subcounty estimate).
  • 2020 Census base: 2,868 residents in the 2020 Census, per the US Census Bureau.
  • 2020 to 2023 change: about 6.5% growth over the 2020 Census base (US Census Bureau).
  • Rank among Mississippi places: 83rd-largest of 299 (US Census Bureau, Vintage 2023 estimate).
  • Size percentile: about 72% of Mississippi's Census places are smaller (US Census Bureau).
  • Coordinates: it sits at 30.9312, -88.5959 in the US Census Bureau Gazetteer.
  • Nearest larger cities: Leakesville, MS (15 mi); Semmes, AL (23 mi); Citronelle, AL (23 mi); Saraland, AL (29 mi); Prichard, AL (30 mi) — straight-line distances, US Census Bureau populations.
  • Smaller places nearby: McLain, MS (18 mi); Beaumont, MS (26 mi); New Augusta, MS (32 mi), per US Census Bureau estimates.

What a personal loan costs in Lucedale

Personal loans are closed-end installment debt, so the monthly payment and the payoff date are known from the start.

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

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

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 Lucedale

The sourced rows below are the rules a licensed lender must follow when lending in Mississippi, and therefore in Lucedale.

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 Lucedale

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

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