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Personal loans in Verona, MS

In Verona, a personal loan gives you a lump sum repaid over a set term, with the lender setting your APR from your credit, income and debts. About 2,732 people live in Verona, which ranks 85th of 299 Census places in Mississippi. 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

Compare rates Run the numbers first

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Verona at a glance

  • Population: 2,732 — 85th in Mississippi, which has 299 Census places (US Census Bureau, Vintage 2023).
  • 2020 Census base: 2,797 residents (US Census Bureau, 2020 Census).
  • 2020 to 2023 change: down about 2.3% from the 2020 Census base to the 2023 estimate (US Census Bureau).
  • Rank among Mississippi places: 85th largest of 299 (US Census Bureau).
  • Size percentile: it exceeds roughly 72% of Mississippi's Census places by population (US Census Bureau).
  • Coordinates: 34.1897, -88.7205 (Census Gazetteer, US Census Bureau).
  • Nearest larger cities (120-mile radius): Tupelo, MS (6 mi); Saltillo, MS (13 mi); Pontotoc, MS (17 mi); Fulton, MS (19 mi); Amory, MS (20 mi) (US Census Bureau).
  • Nearest smaller towns: Plantersville, MS (3 mi); Shannon, MS (5 mi); Nettleton, MS (9 mi) — US Census Bureau populations.

What a personal loan costs in Verona

A personal loan is structured as an installment plan, with a set number of monthly payments and a fixed amount due each time.

The number to compare is the APR, not the interest rate, because the APR folds in origination fees and other charges; our personal loan calculator will show what a given amount and term would cost.

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 Verona

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

RuleDetailSource
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
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

How to compare offers in Verona

These steps are the ones that most affect the offer you receive in Verona:

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