Vicksburg at a glance
- Population: 20,192 (US Census Bureau, Vintage 2023 subcounty estimate), the 20th-largest of 299 places in Mississippi.
- 2020 Census base: 21,560 residents (US Census Bureau, 2020 Census).
- 2020 to 2023 change: about 6.3% lower than the 2020 Census base (US Census Bureau).
- Rank among Mississippi places: 20th in population of 299 places (US Census Bureau).
- Size percentile: roughly 93% of places in Mississippi rank below it by population (US Census Bureau).
- Coordinates: 32.3220, -90.8816 (Census Gazetteer, US Census Bureau).
- Nearest larger cities: Clinton, MS (32 mi); Jackson, MS (39 mi); Ridgeland, MS (43 mi); Madison, MS (45 mi); Pearl, MS (46 mi); US Census Bureau population estimates.
- Nearest smaller places: Delta, LA (4 mi); Mound, LA (8 mi); Edwards, MS (16 mi) (US Census Bureau estimates).
What a personal loan costs in Vicksburg
Most personal loans are unsecured, meaning no collateral is pledged, and they are repaid in equal installments over a fixed term.
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.
Because interest accrues for longer, a longer term means a lower installment and a higher total cost — decide which matters more to you.
A payment that strains the budget is a warning sign; a smaller loan or a little more saving time is the safer route.
Mississippi lending rules that apply in Vicksburg
The table lists the Mississippi rules that apply to a loan made in Vicksburg, each with the regulator that published it.
| Rule | Detail | Source |
|---|---|---|
| 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 |
| 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 Vicksburg
A few practical steps will make the process in Vicksburg 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.