McComb at a glance
- Population: 11,914, the 33rd-largest community in Mississippi out of 299 (US Census Bureau, Vintage 2023).
- 2020 Census base: the 2020 count put the population at 12,410 (US Census Bureau).
- 2020 to 2023 change: a decline of roughly 4.0% between the 2020 count and the 2023 estimate (US Census Bureau).
- Rank among Mississippi places: 33rd in population of 299 places (US Census Bureau).
- Size percentile: roughly 89% of places in Mississippi rank below it by population (US Census Bureau).
- Coordinates: 31.2445, -90.4716 (Census Gazetteer, US Census Bureau).
- Nearest larger cities: Hammond, LA (51 mi); Zachary, LA (57 mi); Natchez, MS (58 mi); Central, LA (58 mi); Baker, LA (61 mi), each a US Census place with its estimated population.
- Nearest smaller towns: Summit, MS (3 mi); Magnolia, MS (6 mi); Osyka, MS (16 mi) — US Census Bureau populations.
What a personal loan costs in McComb
A personal loan hands you a single sum and a repayment schedule of equal monthly installments over an agreed term.
The APR is the comparable price of a loan since it folds in fees; model any offer with the personal loan calculator first.
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.
Pre-qualification is a good first filter: it shows the rate and amount a lender may offer before you agree to a full application and a hard inquiry.
Mississippi lending rules that apply in McComb
The table carries the Mississippi rate and licensing rules that apply to consumer loans made in McComb.
| Rule | Detail | Source |
|---|---|---|
| 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 |
| 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 |
How to compare offers in McComb
A few practical steps will make the process in McComb less costly:
- 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.