Possible Loan is available in Mississippi

Possible Finance offers small-dollar installment loans in Mississippi, with a maximum loan amount of up to $500^. Applying takes minutes with the Possible app and does not require a FICO score check. Connect your bank account and Possible reviews your income and cash flow to approve you for a loan. Funds typically arrive in minutes. Repayment is typically split into installments, unlike traditional lump-sum payday loans.

Source: CFPB

Find out more about the Possible Loan

Availability

Possible Loans are available in Mississippi

Loan Amount

Loans range from $50-$500. The average first loan is $200 (Source: internal data, December 2025)

Cost

$20 for every $100 you borrow. Get an estimate in the app.

Repayment Term

Typically repaid in 4 installments over 8 weeks. See Sample Payment Schedules.

Flexibility

Each installment can be moved up to 29 days out from the originally scheduled due date.

Credit Impact

No FICO check to apply. Payments are reported to credit bureaus: TransUnion and Experian.

Eligibility & Documents

• 18+ and a resident of Mississippi
• SSN/ITIN (or as permitted by law)
• Active checking account in your name

A loan that’s built for your finances

No FICO check

Your income, cash flow and money habits count towards the results of your application and are part of how we make lending decisions.

Know when to apply

Link your bank account and we'll let you know the best time to submit your application.

Find out more

Take the time you need to pay off your loan

You can Pay Over Time in installments, and move payments up to 29 days out from the original due date—there’s no rescheduling fee. This benefit is available to all members, no matter what.

Never pay late fees

Zero penalty fees. No surprises. Ever.

Get the most money Possible

Even if you don’t qualify for the full amount you request, we’ll get you the highest amount we can.

Add extra payment methods

Pay with your Chime card, extra debit card, Grandma’s Visa gift card—the choice is yours.

Here’s a tip on how to get the best chance of approval

All about applications

Relief Plan

Get even more time to pay if the unthinkable happens. Find out more

Estimate the cost of Possible Loans in Mississippi

Your state

You borrow

$200

In Mississippi it's $20 for every $100 that I borrow.

With Pay Over Time, I can pay $240 back over eight weeks.

The information provided by the Real Cost calculator is for informational purposes only and does not constitute an offer. Loan terms are subject to eligibility. Loan costs are rounded up to estimate these approximate payments. Loan costs vary by state.

Join over a million customers

• Gloria
  "I really appreciate just how easy they make it. I feel a lot freer to not only do what I want, but also take care of my needs."
  Member Since 2021

• Keianna
  "Unexpected expenses can hit. It can turn into a spiral. That's just a part of being a mom. That's when Possible helps the most."
  Member Since 2023

• Austen
  "What drew me to Possible was how upfront and easy it was. There was no mystery as to what the interest rates were."
  Member Since 2019

• Gena
  "Credit is a journey. I'm learning about it to be financially fit. I would describe Possible as a great tool to help in a need."
  Member Since 2022

Frequently asked questions

What is a Possible Loan?

A Possible Loan is a small-dollar installment loan designed to provide quick access to cash while helping build credit history. Unlike payday loans, which often require lump-sum repayment, Possible Loans are repaid in four scheduled installments. Eligibility is based on your banking activity rather than a FICO check. Payments are reported to credit bureaus.

Is Possible Loan available in Mississippi?

Yes, Possible Loans are available in Mississippi, subject to eligibility and applicable state regulations.

How much does a Possible Loan cost in Mississippi?

In Mississippi, the fee for a Possible Loan is typically $20 per $100 borrowed, subject to applicable laws and any future changes.

What are the eligibility requirements?

Eligibility generally includes being at least 18 (or the age of majority in your state), having a qualifying, active bank account with regular income deposits, and meeting state-specific requirements.

Will applying for a Possible Loan impact my credit?

Applying for a Possible Loan does not involve a FICO check, and there is no hard inquiry on your FICO score.

How long does it take to apply and get a decision?

The application is completed in the Possible app and usually takes only a few minutes. You’ll create an account, provide basic information, and link your bank account.

When will I get the money?

If approved, most customers who choose debit card disbursement receive funds within minutes. Timing may vary by bank or debit card provider.

All products are subject to eligibility and approval by Possible Financial Inc. dba "Possible Finance" and "Possible" or its banking partner Coastal Community Bank. Eligibility for a product is not guaranteed.