Yes. Title loans are legal in Mississippi, and lenders must follow the Mississippi Title Pledge Act, Miss. Code Ann. §§ 75-67-401 to 75-67-449.
Title loan rules in Mississippi at a glance
| Title-loan law | Mississippi Title Pledge Act, Miss. Code Ann. §§ 75-67-401 to 75-67-449 |
|---|---|
| Rate cap | 25% of the principal advanced per month (300% APR) |
| Fees the law allows | None — the 25% monthly service charge is in lieu of all other charges (§ 75-67-413(1)) |
| Largest loan | $2,500 |
| Loan term | Up to 30 days |
| Rollovers and renewals | 30-day extensions by agreement, no count limit; each requires a principal reduction of at least 10% of the original principal (§ 75-67-413(3)) |
| Repossession | Allowed after default |
| Time to catch up before repossession | 3 days |
| Owe the balance after the car is sold? | No, the lender cannot collect a remaining balance |
| Lender license | Required (Mississippi Department of Banking and Consumer Finance) |
| Statute | Miss. Code § 75-67-401 et seq. |
Source: Miss. Code § 75-67-401 et seq. (read the law). We last checked it against the statute on June 8, 2026. See title loan laws in every state.
What a title loan costs in Mississippi
Under Mississippi's rate rules, borrowing $500 for 30 days costs $125 in interest or fees, so you repay $625 (300% APR). Your offer may differ.
| Loan | Term | Interest and fees | Total repaid | APR |
|---|---|---|---|---|
| $500 | 30 days | $125 | $625 | 300% |
| $1,000 | 30 days | $250 | $1,250 | 300% |
| $2,500 | 30 days | $625 | $3,125 | 300% |
Mississippi allows no separate fee on top of the interest, beyond what its title-loan law lists. The lender's written disclosure shows the full cost and APR.
What happens if you can't repay
If you fall behind, the lender can repossess your car, but Mississippi gives you 3 days to catch up on missed payments first. If the car is sold, the lender cannot come after you for any balance the sale did not cover.
If you think you will miss a payment, call the lender before the due date and ask what options it offers.
How to check a lender in Mississippi
Title lenders in Mississippi must be licensed (Mississippi Department of Banking and Consumer Finance). Search for the lender on the official license lookup before you sign. Lenditup does not check lender licenses for you (see how we verify).
Looking for a loan in Mississippi?
A title loan puts your car at risk, so compare it with a personal installment loan first. If a title loan is still the right fit, you can send one request and see what lenders and lending marketplaces in our network offer.
Lenditup is not a lender. Sending a request does not mean you will be approved; each lender sets its own rates and terms within Mississippi law.
Title loan questions for Mississippi
01What is the most a title lender can charge in Mississippi?
02How long is a title loan in Mississippi?
03How much can I borrow on a title loan in Mississippi?
04Can I roll over a title loan in Mississippi?
05What happens if I can't repay a title loan in Mississippi?
06How do I check that a title lender is licensed in Mississippi?
07Is Lenditup a title lender in Mississippi?
Title loan laws in other states
- Alabama
- Alaska
- Arizona
- California
- Colorado
- Delaware
- District of Columbia
- Florida
- Georgia
- Hawaii
- Idaho
- Illinois
- Indiana
- Iowa
- Kansas
- Kentucky
- Louisiana
- Maryland
- Massachusetts
- Michigan
- Minnesota
- Mississippi
- Missouri
- Montana
- Nebraska
- Nevada
- New Hampshire
- New Mexico
- North Carolina
- North Dakota
- Ohio
- Oklahoma
- Oregon
- Pennsylvania
- South Carolina
- South Dakota
- Tennessee
- Texas
- Utah
- Vermont
- Virginia
- Washington
- West Virginia
- Wisconsin
- Wyoming
Compare every state side by side on the state title loan law table, or read how title loans work and what lenders ask for.