How Does a Mississippi Installment Loan Work?
Simple Process
Apply in minutes with our
quick online application
Quick Approvals
Submit application and
get approved
Instant Funding*
Money credited into debit card
or bank account – instantly. *Bank participation required
An Advance Financial Online Installment Loan is the great option to get cash quickly. You can pay back over time in fixed amounts spread across several months. In Mississippi, we offer Installment Loans from $25 up to $2,500. And if you have bad credit, that’s okay.
No matter where you live in Mississippi, from Corinth to Biloxi and everywhere in between, you can get the cash you need quickly. You can also pay off your loan at any time with no prepayment penalty. Apply now to get cash into your account today*.
*Bank participation required
Flexible Loans That Fit Your Ongoing Needs
Flexible Payments
Fixed rate
Access your cash anywhere
Installment Loan FAQs – Mississippi
What is an online installment loan?
It is a type of loan where you borrow a set amount of money. You then repay the loan over a fixed number of payments, called installments.
What do I need to get an installment loan in Mississippi?
- Photo ID
- Proof of income
How does an installment loan compare to a payday loan?
Installment loans can get you a few thousand dollars with same-day funding whereas payday loans can get you only a few hundred dollars. Installment loans are repaid over a period of time in equal parts whereas payday loans are repaid quickly, usually in two weeks, in a lump-sum. Installment loans can either be repaid in equal installments or paid off early. Payday loans must be repaid by your next payday loan. There is no flexibility of payments in payday loans.
How does an installment loan compare to a title loan?
Installments loans are unsecured loans that do not need you to risk your auto title to get instant cash. To get a title loan you must give your auto title as collateral. Installment loans are paid back in equal parts over the loan period. Installment loans are aligned with your paydays, so you may not miss any payments. However, if you miss a payment with a title loan, you may be charged a fee and possibly even lose your vehicle.