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Personal loans in New Hebron, MS

A personal loan in New Hebron is repaid in equal monthly installments over a fixed term, with the rate set from your credit history, income and debts. Census data place New Hebron's population near 367, the 229th-largest among Mississippi's 299 Census places. Lenders in Mississippi work under state rate caps and licensing rules, each listed with its publisher in the table below.

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.

New Hebron at a glance

  • Population: about 367 residents, ranking 229th of 299 Census places in Mississippi (US Census Bureau, Vintage 2023 subcounty estimate).
  • 2020 Census base: the 2020 count put the population at 386 (US Census Bureau).
  • 2020 to 2023 change: about 4.9% lower than the 2020 Census base (US Census Bureau).
  • Rank among Mississippi places: the 229th-largest of 299 (US Census Bureau, 2023 estimate).
  • Size percentile: it exceeds roughly 23% of Mississippi's Census places by population (US Census Bureau).
  • Coordinates: latitude 31.7332, longitude -89.9833 (US Census Bureau Gazetteer).
  • Nearest larger cities: Prentiss, MS (11 mi); Monticello, MS (15 mi); Mendenhall, MS (17 mi); Magee, MS (18 mi); Mount Olive, MS (19 mi); US Census Bureau population estimates.
  • Smaller places nearby: Silver Creek, MS (9 mi); Georgetown, MS (14 mi); D'Lo, MS (18 mi), per US Census Bureau estimates.

What a personal loan costs in New Hebron

Unlike a revolving credit card, a personal loan is closed-end: the balance falls on a fixed schedule and the payment does not change.

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

Your credit, income and existing debts drive the rate a lender offers, while the term you pick sets how much interest builds on top.

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 New Hebron

Read the table as the compliance picture for a lender serving New Hebron: label, sourced figure, publisher and date.

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 New Hebron

Before you share your details with a lender in New Hebron:

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