Best Title Loan Companies in Mississippi

Best Title Loan Companies in Mississippi
Author : Chris Morgan
Updated on : October 20th, 2021

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Mississippi is a state that lies in the heart of the American “Deep South.” Named after the Mississippi river, the state is also known for its contributions to the US agriculture industry, and is the country’s largest producer of cotton and farm-raised catfish.

Mississippi is perhaps also known for being the state with the lowest cost of living in the US. According to the Missouri Economic Research and Information Center, Mississippi has a cost of living index of 83.3, the lowest in the nation (the average is 100). Kansas (87.1) and Oklahoma (88.6) were the next two closest states.

This should come as great news for the state’s near 3 million residents. However, don’t get too complacent about the low cost of living. There are many expenses in the state that can still catch people off-guard.

One example, as the CATO Institute points out, is for childcare. The average annual cost for infant care is $5,178 in Mississippi. While this is much lower than in other states (for example, in D.C., it’s $23,089), this figure still accounts for about 27.2% of the median single-parent family income.

To help cover these costs, you might consider a title loan. Title loans are quick, short-term solutions to help you get your hands on cash to pay off emergency expenses.

In Mississippi, you have many choices when it comes to title loan companies. However, not all of them may have your best interests in mind. This article will list the 10 best, most trustworthy title loan companies in Mississippi.

Are Title Loans Legal in Mississippi?

First of all, yes, title loans are legal in Mississippi. Title loan regulations in the state are outlined in the Mississippi Title Pledge Act. There are a few main points you should be aware of:

  • The maximum length of the loan is 30 days.
  • The maximum amount you can borrow is $2,500.
  • The maximum monthly interest rate is 25%. This translates to an APR of 300%.

Because title loan terms are so short in Mississippi, you have to be really careful about whether you can repay the loan in 30 days. Combined with the sky-high APRs, this is a common reason why many vehicles get repossessed.

As an example, suppose you borrow the maximum amount of $2,500, at the max APR of 300%. In 30 days, you would owe $3,125. If you are unable to make this payment, you run the risk of vehicle repossession.

In addition, ensure that your title loan company is properly licensed by the Mississippi Department of Banking & Consumer Finance (DBCF). The DBCF has the authority to regulate title pledge companies according to the Mississippi Title Pledge Act.

How Do Title Loans Work in Mississippi?

In Mississippi, getting a title loan is typically a five-step process:

  • Prepare your documents. Firstly, you’ll want to make sure you have copies of all your key documents. These usually include your photo ID, car title, proof of income (paystub), proof of residency (utility bill), and car insurance.
  • Fill out an application, in person or online. Next, complete the company’s title loan application. This will ask you for basic information about yourself, as well as your car. You can often do this online, or in-person at a physical Mississippi location.
  • Receive and review your loan terms. More likely than not, a company will offer to send you a loan contract for review. Spend some time reviewing the terms.
  • Accept or decline the offer. If you’re 100% sure you can repay the loan in time, go ahead and accept the offer. It’s also not too late to decline, though if you still want a title loan you’ll have to repeat this process again with another company.
  • Get your funds. You should get your funds no later than one business day after you sign the loan contract.

Best Instant Title Loans in Mississippi

For the best instant title loans in Mississippi, we recommend Max Cash Title Loans and LoanMart. These two companies have a long history of providing short-term credit solutions to Mississippi residents.

Max Cash Title Loans

Max Cash Title Loans Logo

Max Cash Title Loans has been a longstanding player in the title loan business. Since their founding, they have helped over 1 million customers across the country get short-term title loans worth over $100 million.

Max Cash is a free service that matches clients with potential lenders. This means that they are not a direct lender. Instead, after filling out their application, they’ll do all the work of matching you with multiple lenders who may want to extend a loan offer to you.

Because Max Cash has such a wide network of partner lenders, this significantly increases the chances of you getting a title loan at a decent rate. Few other companies can compete with Max Cash’s scale and quality of providers. Best of all, Max Cash customer representatives will be available to help you until you sign a contract.

These are all the reasons we like Max Cash:

  • It’s Free
  • Quick and Easy Online Application
  • Biggest Network of Title Loan Lenders
  • Transparent About Rates and Services
  • Fair Evaluation of Car Value
  • Ability To Compare Interest Rates and Loan Amounts
  • Protects Your Personal Information
  • Top-Tier Customer Service
  • Bank Account Not Required

You can learn more by reading our Ultimate Max Cash Title Loans review.


LoanMart Logo

LoanMart is another hugely popular title loan company next to Max Cash. With over 250,000 happy clients, they have established themselves as one of the best direct title loan lenders in the country.

Whereas Max Cash is a title loan platform, LoanMart is directly responsible for lending you the funds. Because you work directly with LoanMart, the main advantage is that you can often get your funds much faster than with a platform like Max Cash. However, you might not have as much negotiating power when it comes to the interest rate.

One defining feature of LoanMart is their Three Day Peace of Mind Guarantee. This allows clients to freely cancel their title loan contract within 72 hours of signing it. This can be a great feature if you suddenly realize you’ll be unable to pay back your title loan within 30 days.

Here are all the reasons we like LoanMart:

  • Three Day Peace of Mind Guarantee
  • Excellent Customer Service Support
  • Dedicated to Financial Education
  • Protects Your Personal Information
  • Competitive Rates
  • Secure Funds Quickly
  • Multiple Loan Options

Top 8 Local Mississippi Title Loan Companies

When researching title loans, Max Cash and LoanMart are two great options to start out with. If you’d rather go to a local Mississippi title loan company, here are 8 of our top suggestions.

American Auto Title Loan

American Auto Title Loan Logo

American Auto Title Loan offers quick and affordable title loans in Jackson, Hattiesburg, Biloxi, and other metropolitan areas. You can get started with them today by filling out a 60 second application form on their website.

American Auto Title Loan has a patented “Title Loan 2 Phone” process, where you can get a quote in a matter of minutes when you contact them via phone. American Auto Title Loan also offers title loan refinancing services, where most clients are able to save money. They are very transparent about their rates, so if they can’t beat your current loan, they’ll let you know.

Contact Information:

  • Address: 3463 US-21 #103, Fort Mill, SC 29715
  • Phone: (803) 548-1703

Check Into Cash

Check Into Cash Logo

Check Into Cash is another direct title lender chain with man locations around the country. They have over 25 locations in the state. Their Tupelo office in particular has an average rating of 4.9 out of 5 among 28 Google reviews.

Check Into Cash offers title loans to Mississippi residents up to the state maximum of $2,500. We like that they release their estimated fee schedule to the public, which currently advertises an APR of 170.21%. This is a better rate than many other options in the area, so be sure to give Check Into Cash a try.

Contact Information:

  • Address: 2240 Rabbit Dr. Suite 800, Tupelo, MS 33801
  • Phone: (662) 840-8520
  • Email:


LoanMax Title Loans Logo

Loanmax has been in the title loan business since 1990, making them one of the most experienced lenders out there. They operate in 16 states, with locations in 13 major Mississippi cities. Their Cleveland location has a perfect 5 out of 5 rating among 317 Google reviews.

Whereas you can begin your title loan application process online, you must visit a store to complete the process. However, despite this extra step, you’ll still be able to get your cash quickly. According to Loanmax’s FAQs, you can often walk out of a Loanmax location with your cash in as little as 20 minutes. 

Contact Information:

  • Address: 707 N Davis Ave, Cleveland, MS 38732
  • Phone: (662) 989-4050

Mississippi Title Loans

Mississippi Title Loans Logo

Mississippi Title Loans is the premier title loan provider in the Magnolia State. They have many locations in the state, all of which have glistening reviews from their thousands of clients. In particular, their Pearl location has a perfect 5 out of 5 rating among 354 reviews.

Mississippi Title Loans offers title loans between $300 up to the state maximum of $2,500. Their process is extremely streamlined: instead of having to visit their store location, they will come to you. Most clients also note their customer service as a major plus.

Contact Information:

  • Address: 2260 US-80, Pearl, MS 39208
  • Phone: (601) 939-2210

Speedy Loan

Speedy Loan Logo

Speedy Loan lives up to its name by providing quick, same-day title loans to Mississippi residents. Their Gulfport location has an average rating of 4.8 out of 5 among 437 Google reviews.

The application process at Speedy Loan is simple: just provide your basic documents including a government-issued ID, your car title, as well as proof of income and proof of residence. Speedy Loan does not perform credit checks, but you will have to

Contact Information:

  • Address: 9240 US-49, Gulfport, MS 39503
  • Phone: (228) 214-5077
  • Email:

TFC Title Loans

TFC Title Loans Logo

TFC Title Loans is a well-established national title loan provider with locations in Mississippi. After completing their quick online application, a Mississippi representative will contact you with steps to quickly get your cash.

One of the competitive advantages of TFC Title Loans is that you don’t necessarily have to own your car outright to complete the loan process. As long as you have reasonable equity in your vehicle, you can qualify for a loan. Most Mississippi businesses will require you to own your car title outright, so this is a nice option for those who are still paying off their car.

Contact Information:

  • Address: 1727 6th St, Meridian, MS 39301
  • Phone: (844) 241-6260
  • Email:


Titlelo Logo

Titlelo is a national title loan agency with physical locations in 21 states. Their headquarters is in Fort Lauderdale, but Mississippi residents can still secure Titlelo’s competitive title loans by applying online.

With Titlelo, you could get a title loan for up to 75% of your car’s value. Titlelo will also work to provide a reasonable interest rate so it doesn’t become too much of a financial burden. Once you complete their application process, they’ll set up a meeting in your local area with one of their partner lenders to inspect your vehicle and provide your cash.

Contact Information:

  • Address: 3000 NE 30th Pl Ste 104, Fort Lauderdale, FL 33306 (headquarters)
  • Phone: (855) 341-4500
  • Email:


TitleMax Logo

TitleMax is one of the most highly-rated title loan providers in the country. Though they only have a handful of locations in Mississippi, all of them have perfect ratings on Google among a combined 2,310 reviews. 

Note that unlike other title loan companies, TitleMax does perform a credit check. However, this is more to evaluate your ability to repay the loan rather than serve as a qualification requirement. They offer title loans for most types of vehicles, including cars, motorcycles, and RVs.

Contact Information:

  • Address: 4811 Goodman Rd, Olive Branch, MS 38654
  • Phone: (662) 890-7062

When Should I Consider Getting a Title Loan?

A title loan is a good idea if you have an upcoming emergency expense that you’re unable to cover. Most commonly, this includes rent, car emergencies, and medical expenses.

Generally, we do not recommend taking out a title loan for discretionary expenses, such as a car, furniture, or even special occasions. Title loans are generally very expensive, so only reserve them for true emergencies.

What Are The Requirements For a Title Loan in Mississippi?

In Mississippi, the minimum requirements for getting a title loan include the following:

  • Government-issued ID
  • Car title

Most companies will require a clear car title that you own outright, free of liens. Certain companies, such as TFC Title Loans, may still be willing to extend you a loan if you’re still making payments on your car.

In addition to these documents, companies will often also ask for a recent pay stub for proof of income, as well as a utility bill for proof of Mississippi residency. It’s best to prepare these documents beforehand and bring them in with you on your title loan office visit.

During your office visit, the company may also require you to bring in your car for a vehicle inspection. This is just to verify the condition of your car. If any major defects are found that you didn’t mention in your application, this could limit the amount you’re eligible to loan.

Do I Need Good Credit to Get a Title Loan?

Having bad credit is not a barrier to getting a title loan. With the exception of TitleMax, all of the title loan companies in our top 10 recommendations will not run your credit when you apply.

This makes title loans the preferred loan option for anyone with poor credit. However, title loans should only be viewed as a short-term solution while you are still building up your credit. The smart thing to do in the long term is to focus on improving your credit score.

To get started, we recommend looking into credit repair from a reputable company. In our Ultimate Review Guide for Credit Saint, we discuss how Credit Saint has been able to help thousands of clients permanently boost their scores by 30, 60, and even more.

Getting your credit score into the “good” and “excellent” ranges opens you up to better loan options in the future. Having the freedom to choose a personal installment loan or other low-interest loan is better than resorting to another title loan.

What Is The Downside to a Title Loan?

As we’ve discussed multiple times in this article, and as noted by, the main downside to a title loan is the high interest rate attached to it. Compared to other states, rates are especially high in Mississippi.

However, the main advantage of title loans is the speed at which you can get your funds. If you’re really in a pinch for cash, title loans and no credit check payday loans are two very practical options. As long as you’re certain you can repay your loan, there’s absolutely no issue with taking out a title loan for short-term emergencies.

Conclusion and Next Steps

In this article, we discussed how you can apply for a title loan in Mississippi. We recommended 10 of the top companies in the state for you to start your search with.

If you’re still lost on where to begin, we recommend reaching out to Max Cash Title Loans and filling out their application. There’s no obligation to enter a loan contract with any lender, and their service is completely free to use.

If you need cash fast, get in touch with

Max Cash.

Max Cash Title Loans Logo

When doing research, Credit Help Info relies on credible and authoritative sites. These research sources are provided so that you can see exactly where we get our information.

About the Author

Chris Morgan

Chris Morgan is a credit expert and founder of Credit Help Info. He has been featured in Addition Financial, GOBankingRates, MSN Money, Yahoo Finance, and many other publications. He has read hundreds of books and resources on finance and the credit industry. Because he did this, you don’t have to. As a school teacher for over 20 years, Chris enjoys taking complicated material and breaking it down into manageable information that’s easy to understand.

Learn more about Chris Morgan

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