Polkville at a glance
- Population: about 587, 189th by size in Mississippi of 299 places (Census Vintage 2023 subcounty estimate).
- 2020 Census base: 589 people (US Census Bureau, 2020 Census count).
- 2020 to 2023 change: down roughly 0.3% across the 2020-to-2023 comparison (US Census Bureau).
- Rank among Mississippi places: 189th of 299 by population (US Census Bureau, Vintage 2023).
- Size percentile: roughly 37% of Mississippi's places have fewer residents (US Census Bureau).
- Coordinates: 32.1909, -89.6960 (Census Gazetteer, US Census Bureau).
- Nearest larger cities (120-mile radius): Morton, MS (11 mi); Pelahatchie, MS (11 mi); Raleigh, MS (15 mi); Forest, MS (17 mi); Brandon, MS (18 mi) (US Census Bureau).
- Nearest smaller communities: Puckett, MS (9 mi); D'Lo, MS (19 mi); Braxton, MS (20 mi), each a US Census place.
What a personal loan costs in Polkville
Personal loans are installment credit — one lump sum, repaid in equal monthly installments across a fixed term you agree to up front.
APR, not the simple interest rate, reflects what the loan actually costs once fees are included; the personal loan calculator puts a figure on it.
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-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 Polkville
Read the table as the compliance picture for a lender serving Polkville: label, sourced figure, publisher and date.
| 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 Polkville
Run through this list before signing anything in Polkville:
- 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.