Personal loans in Mound Bayou, MS

Mound Bayou: the sourced local profile

Two layers matter for a Mound Bayou borrower: the local population picture and Mississippi's consumer-lending statutes.

• Population: the Census counts 1,417 residents in Mound Bayou (Vintage 2023 subcounty estimate), the 129th-largest figure among Mississippi's 299 places.
• Population trend: A decline of about 7.6% across the 2020-to-2023 comparison.
• Change in people: the 2020-to-2023 comparison is a loss of about 117 residents.
• Size percentile: roughly 57% of Mississippi places rank below Mound Bayou.
• Land and density: 0.9 square miles of land carry roughly 1,616 residents per square mile.
• By land area: Mound Bayou ranks 254th among Mississippi's 299 places, at 0.9 sq mi.
• State population share: Mound Bayou accounts for about 0.1% of everyone in Mississippi.
• National rank: Mound Bayou is the 8,904th most populous of the 19,457 Census places covered here.
• Growth rank: Mound Bayou's 2020-to-2023 change ranks 277th of 299 places in Mississippi.
• State comparison: Mississippi's places average -2.3% for 2020-to-2023, against Mound Bayou's 7.6%.
• Density rank: Mound Bayou places 7th among Mississippi's places by people per square mile.
• Density vs Mississippi: Mound Bayou's 1,616 people per square mile compare with a state median of 434.
• Location: 33.8807, -90.7279 (US Census Bureau Gazetteer).
• Nearest larger cities: Shelby (5 mi); Cleveland (9 mi); Drew (12 mi); Ruleville (15 mi); Rosedale (18 mi). Lenders licensed in the state serve Mound Bayou whether or not they keep a local branch.
• Smaller places close by: Winstonville (3 mi); Merigold (3 mi); Renova (7 mi).
• Smaller places within 50 miles: 48 of them.
• Larger places within 100 miles: 77.

The Mississippi lending rules that reach Mound Bayou

Every row below records a Mississippi rule, its publisher and its retrieval date — the same rules a Mound Bayou lender must follow.

How a Mound Bayou personal loan is priced

With roughly 1,417 residents, Mound Bayou is a small community; its personal loans are typically unsecured, priced from your credit rather than the city's size. Federal Truth in Lending rules require a Mound Bayou lender to disclose the APR and finance charge before you sign. Shortening the term on a Mound Bayou loan raises the monthly payment but cuts the interest; lengthening it does the reverse.

Mound Bayou in state context

Against Mississippi's other places, Mound Bayou accounts for about 0.1% of the state's population and ranks 129th of 299 by size. On the 2020-to-2023 trend, Mound Bayou stands 277th among Mississippi's 299 places — roughly the 7th percentile. By density, at about 1,616 people per square mile, it ranks 7th in Mississippi. Within 50 miles sit 48 smaller Census places, alongside the 21 that are larger.

Steps to take before a Mound Bayou loan

For Mound Bayou's roughly 1,417 residents, these are the steps that most influence the offer:

1. Get all three reports, dispute anything wrong, and keep the corrected file for your applications.
2. Use the loan calculator to test the payment on your intended amount and term.
3. Gather at least three pre-qualified offers and line up the APR, not the headline rate.
4. Check the Mississippi regulator's records to confirm the lender is licensed here.
5. Do not borrow more than the expense calls for, even if a lender approves a larger amount.
6. Write down the purpose of the loan and your repayment plan before you apply.
7. When debt already feels heavy, a nonprofit credit counsellor is worth a call first.

In Mound Bayou as elsewhere in Mississippi, the written terms — not the advertisement — are what count for its 1,417 residents.

What is available to Mound Bayou borrowers

Mound Bayou is a moderately settled community of about 1,417 people, with 21 larger places inside a 50-mile radius. Distance to a branch rarely matters for Mound Bayou's 1,417 residents: the application is online and the price follows your credit file. For a larger market, the closest option is Shelby, MS about 5 miles away.