Loans from
$300 – $5,000

Repayment term
4 – 24 Months

Minimum credit score
No min. to apply

The figures provided are representative of a typical installment loan made or arranged by CreditNinja and are not guaranteed rates or terms that you may qualify for.

By CreditNinja
Modified on January 19, 2024

Jackson, is one of the largest cities in the state of Mississippi, and maintains the title of Mississippi state capitol. One of the most famous aspects of Jackson is that the Mississippi Freedom Trail runs through it. This is a statewide trail that has many historic sites that are significant to the civil rights movement. 

Whether you’re just visiting for a few days or you’ve lived in Jackson for years, there’s always something to do. If you’re interested in a day of learning, there’s plenty of great museums to choose from, including: The Civil Rights Museum, The Museum of Natural Science, The Mississippi Children’s Museum, The Agricultural and Forestry Museum, The Mississippi Museum of Art, and more. 

The population of Jackson, Mississippi (as of 2019) is approximately 170,300, with a median age of about 32, and a median household income of $35,308. Owning a home in Jackson is entirely feasible, as the median property value is $88,700 which is only about 1% lower than the previous year. That being said, there are many in Jackson that may not be able to afford a home, or safe housing in any form. Unfortunately, 28.9% of Jackson residents are living in poverty. 

Jackson has a much higher poverty rate than the US as a whole, which is only 13%. Most of the people living in poverty are women ages 25–34, followed by women ages 18–24. With so many people living below the poverty line, it makes sense that they may need some financial assistance from time to time. This is why so many people in Jackson choose to take out a quick personal loan

Taking out a personal loan is a big decision. Choosing the wrong loan or lender could end up costing you quite a bit of money in the long run. It’s important to do plenty of research and make sure you know what kind of terms and conditions the lender is offering, no matter which type of loan you choose.

What Are Personal Loans?

Personal loans are usually small, short-term loans that borrowers use for a number of different personal expenses. Oftentimes, they’re used for things like medical bills, unexpected car repairs, bills, or children’s school costs among other things. 

With so many different types of personal loans available, it can be tough for new borrowers to know what’s safe. If you’re searching for personal loans in Jackson, Mississippi make sure to do plenty of research, ask questions, and become familiar with all the rates and terms before you sign for a loan. And most importantly, find the right loan for your specific needs. 

Below are the most common and widely available personal loans in Jackson, Mississippi:

Payday Loans in Jackson— Is one example of a high-cost, short-term payday personal loan. Borrowers who take out a payday loan are usually expected to return the loan plus interest within two weeks of receiving the money. The amount you can get for a payday loan is usually small, ranging anywhere from a couple hundred dollars to several hundred. Many people who turn to payday loans have less-than-perfect credit scores which makes it difficult to get a bank loan or credit card. If you do choose a payday loan, make sure to use a reputable lender you can trust. 

Title Loans in Jackson—Title loans are another short-term personal loan. These loans are considered to be “secured” since you need to offer up the title of your vehicle to get one. This means that if you can’t repay the loan, the lender is legally allowed to take your vehicle and sell it to recover their loss. This is why it’s so important to be sure you can repay a title loan before even considering one. 

Personal Installment Loans in Jackson—Personal installments loans are widely considered to be a safer and more affordable alternative to payday and title loans. These loans are often for more money (up to a few thousand dollars), and have longer terms (up to a couple of years in some cases). The longer repayments period allows borrowers to make more manageable payments over a long period of time.

Jackson Personal Loan Benefits​

There are so many different kinds of personal loans out there, it makes sense that each borrower considering one would need to do plenty of research. Weighing the pros and cons of a loan before signing for it could save you a lot of money and stress in the long run. Here are some of the benefits and disadvantages of the most common personal loans: 

Personal Installment Loans

  • Benefit: Typically, subprime lenders still consider these types of borrowers for approval. 
  • Benefit: Longer repayment terms make monthly installments more manageable. 
  • Benefit: More affordable interest rates than payday and title lenders. 
  • Benefit: CreditNinja offers an entire loan process from the comfort of your home. Apply, get funded, and make payments completely online. 

Payday Loans

  • Benefit: You can get a small amount of cash rather quickly. 
  • Benefit: You can find them online or at storefront locations
  • Disadvantage: Shorter repayment periods and generally higher interest rates
  • Disadvantage: Rollover can lead borrowers into a cycle of debt. 

Title Loans

  • Benefit: If the value of your vehicle is high, you can get a larger loan. 
  • Disadvantage: You will have your vehicle repossessed if you don’t repay the loan.
  • Disadvantage: Interest rates are rather high, even for a secured loan. 
  • Disadvantage: The repayment period is short, and may make it difficult to repay the loan.

Why Choose CreditNinja?

CreditNinja is here to help for all your personal loan needs. We offer safer, more affordable loans than predatory payday and title lenders. Our terms and conditions are always clear and transparent, so you know exactly what you’re getting. There’s never any hidden fees or confusing terms. 

Check out CreditNinja today and get your finances back on track. You can apply, get funded, and make payments all from the comfort of your own home. And if you’re approved, you’ll receive your money by the next business day. Apply today at!

What our borrowers are saying

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