Payday Loans in Bolton, MS: Rates, Rules & Calculator

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Payday lending Legal and licensed Mississippi Department of Banking and Consumer Finance

Rate cap See the source Mississippi Department of Banking and Consumer Finance

Licensing Small loan license required Mississippi Department of Banking and Consumer Finance

Regulator Mississippi Department of Banking and Consumer… Mississippi Department of Banking and Consumer Finance

By the Paydayloaning Editorial Team · Last updated 2026-09-16

Payday lending in Mississippi

Legal and licensed

Full Mississippi lending rules

The local picture

Payday loan rules that apply in Bolton

Every figure below is published by the state or the regulator that sets it, with a link to the primary source. These rules apply to any lender serving Bolton — Mississippi's fee cap is not adjusted city by city.

Rule	Detail	Source
Maximum legal interest rate (usury cap)	See the latest published figure Source quote value_text left null: the maximum finance charge for licensed small-loan lenders is set by Miss. Code § 75-17-21, which § 75-67-119 references as the limit; no retrievable official page published the current figure for direct verification.	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 quote 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 quote 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
State lending regulator	Mississippi Department of Banking and Consumer Finance (DBCF) Source quote 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
Delayed-deposit (payday) fee caps	$20 per $100 advanced on checks ≤$250; $21.95 per $100 on checks over $250 (DBCF rule) Source quote Source says: "Delayed deposit transaction: $20.00 per $100.00 advanced for checks $250.00 and under"	Mississippi Secretary of State (DBCF administrative regulations) as of 2026-09-16

What a payday loan costs in Bolton

Before you sign in Bolton, work out what you will owe on the due date — the amount borrowed plus the fee — and compare it with the cash you expect to have that day. If the two do not line up, the loan is being repaid by the next one. Model it first with our loan payment calculator and see what the same amount would cost as a fixed-payment installment loan.

Cheaper alternatives in Bolton

Ranked by what they usually cost: a payment plan with the creditor (often 0%), a credit-union payday alternative loan, a small personal installment loan, and a cash-advance app — which is often a payday loan in different clothing and carries a similar APR. See the full comparison of alternatives to payday loans before you borrow in Bolton.

About Bolton

Population: 421 (US Census Bureau, Vintage 2023 subcounty estimate).
Size in Mississippi: the 215th-largest of 299 Census places in the state.
Population trend: Its population fell about 4.3% between the 2020 Census base and the 2023 estimate.
Nearest larger cities: Clinton, MS (7 mi); Raymond, MS (7 mi); Edwards, MS (9 mi). Bigger markets often have more lenders, but a lender licensed in Mississippi serves Bolton under the same state rules.

Before you borrow in Bolton

Confirm payday lending is permitted in Mississippi and check the maximum fee in the table above.
Compare the APR, not the dollar fee — that is the only way to compare a two-week loan with a two-year one.
Run the numbers with our loan payment calculator to price the same amount as an installment loan.
Verify the lender is licensed in Mississippi with the regulator listed above.
Never give a lender remote access to your bank account beyond the amount you actually owe, and ask for any repayment plan in writing.

Frequently asked questions

Can I get a payday loan in Bolton?

Only if payday lending is permitted in Mississippi. Payday lending is regulated state by state, so whether a licensed lender may offer one in Bolton depends on Mississippi law rather than on any local ordinance. See the sourced figure on our Mississippi lending reference page.

How much can I borrow with a payday loan in Bolton?

State law sets the maximum advance, and many states cap payday loans at a few hundred dollars. The sourced limit for Mississippi is listed with its publisher on our state reference page, so you can see the current figure rather than an estimate.

How much does a payday loan cost in Bolton?

Lenders charge a fee per $100 borrowed rather than a monthly interest rate, and Mississippi law sets the maximum fee. Because the term is only a couple of weeks, that fee produces a very high APR. Our state reference page lists the sourced fee cap, and our APR calculator shows the math.

Will a payday loan in Bolton hurt my credit?

Many payday lenders do not report on-time payments to the major credit bureaus, so a payday loan usually will not build your credit. An unpaid balance that is sent to collections can still be reported and damage your score, which is why the repayment plan matters more than the application.

Nearby places

All Mississippi cities

Nearest Census places by distance.

Payday loans in Bolton, MS