Personal loans in Grenada, MS
With an estimated 12,267 residents, Grenada is the 32nd-largest of 299 places in Mississippi. Personal loans in Grenada are mostly unsecured, so the APR reflects how a lender reads your credit — not the city's 12,267 population.
Begin with the payment, then weigh APR and total interest across the lenders that reach Grenada's 12,267 residents. A lender that serves Grenada operates under Mississippi lending statutes and a Mississippi supervisor. The trend for Grenada between 2020 and 2023 is downward by roughly 3.4%. The nearest larger metro is Greenwood, MS about 29 miles away.
Grenada by the numbers
Only a few things actually differ by place — population, area, location, and the Mississippi rules a lender must follow — and they are below.
- Population: 12,267 — Grenada ranks 32nd of 299 communities in Mississippi (US Census Bureau, Vintage 2023).
- Population trend: A loss of roughly 3.4% between 2020 and 2023.
- People gained or lost: about 430 fewer since the 2020 base.
- Size percentile: Grenada sits ahead of around 89% of Mississippi places, at 12,267 people.
- Population density: about 409 people per square mile across 30.0 square miles of land (Census Gazetteer area, Vintage 2023 population).
- Land area: Grenada covers 30.0 square miles, the 13th-largest area among Mississippi's 299 places.
- Water: Grenada holds about 0.03 square miles, the 92nd-largest water area in Mississippi.
- State share: roughly 0.8% of Mississippi's residents live in Grenada (12,267 people).
- National rank: Grenada sits 2,733rd by population among the 19,457 places in this dataset.
- Growth in Mississippi: Grenada stands 185th by percentage change from 2020 to 2023, among 299 places.
- Versus Mississippi: the state average change is -2.3%, while Grenada moved 3.4%.
- Density in Mississippi: Grenada ranks 158th by people per square mile.
- Density vs Mississippi: Grenada's 409 people per square mile compare with a state median of 434.
- Location: 33.7814, -89.8115 (Census Gazetteer coordinates).
- Nearest larger cities: Greenwood (29 mi); Oxford (42 mi); Clarksdale (52 mi); Starkville (61 mi); Tupelo (70 mi). A bigger neighbour may offer more branches; the rate you see still follows your credit, not your address.
- Smaller places close by: Duck Hill (12 mi); Coffeeville (15 mi); North Carrollton (19 mi).
- Smaller neighbours: 58 places smaller than Grenada sit within 50 miles.
- At 100 miles: 17 larger Census places fall inside that radius.
Land, water and location for Grenada
Grenada's land area is about 30.0 square miles; a further 0.03 square miles is water. With 12,267 residents, the land area yields roughly 409 people per square mile. For the state's biggest city, Jackson, the distance is roughly 104 miles. Counting outward 50 miles, 2 larger communities surround Grenada. Within the same 50 miles lie 58 smaller Census places.
How Grenada compares across Mississippi
Against Mississippi's other places, Grenada accounts for about 0.8% of the state's population and ranks 32nd of 299 by size. Its 2020-to-2023 change ranks 185th of 299 Mississippi places, putting it near the 38th percentile for growth. By density, at about 409 people per square mile, it ranks 158th in Mississippi. By land area, its 30.0 square miles rank 13th of 299 places in Mississippi.
The Mississippi lending rules that reach Grenada
These are Mississippi's sourced lending facts as they reach Grenada's 12,267 residents; the state has no city-level rate rule.
| 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 |
| 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 |
Getting a loan in Grenada
With about 409 residents per square mile, Grenada is lightly settled, and 2 larger Census places sit within 50 miles. Distance to a branch rarely matters for Grenada's 12,267 residents: the application is online and the price follows your credit file. The nearest larger city, Greenwood, MS about 29 miles away.
The Grenada borrowing checklist
These steps shape the offer you get in Grenada, a place of about 12,267 people:
- Start with the credit file: order the reports, fix the errors, then apply.
- Price the payment first with our personal loan calculator before any lender quotes you.
- Get several pre-qualifications and compare APR side by side before choosing.
- Make sure the lender appears in the Mississippi regulator's licence list.
- Keep the amount to the expense; an approval is not a reason to take more.
- Write down the purpose of the loan and your repayment plan before you apply.
- If the balances are already a strain, seek nonprofit credit counselling before adding a loan.
What differs between Grenada and the rest of Mississippi is not the process but the borrower's own file, among the 12,267 people here.
Common questions
What are my options in Grenada if my credit is poor?
What loan size can I expect in Grenada?
Do I have to pledge anything to borrow in Grenada?
Does comparing loans in Grenada cost me credit score points?
Nearby places
- Duck Hill, MS — population 1,181
- Coffeeville, MS — population 776
- North Carrollton, MS — population 381
- Oakland, MS — population 455
- Carrollton, MS — population 423
- Winona, MS — population 4,079
- Charleston, MS — population 1,722
- Big Creek, MS — population 128