How It Works
How Installment Loans Work in
Mississippi
Installment Loans at Always Money®
Always Money® Installment Loans (Mississippi)
An Installment loan is a personal loan that is repaid over a set period of time. In Mississippi, Always Money®, allows you to borrow from $500 to $2,500 and pay us back with flexible payments.
Here is how Installment Loans works:
1
![to do list with pencil icon](https://alwaysmoney.com/wp-content/uploads/2024/02/items-list.png)
Complete a short Always Money® application online, over the phone or at the store.
2
![people talking icon](https://alwaysmoney.com/wp-content/uploads/2024/02/people-quote.png)
Provide documents to store employee for verification of application information.
3
![hand with stack of money icon](https://alwaysmoney.com/wp-content/uploads/2024/02/cash-in-hand.png)
If approved, select your loan amount and term. Complete your loan documents and walk out of the store with cash or a funding check.
4
![computer document icon](https://alwaysmoney.com/wp-content/uploads/2024/02/contract.png)
Sign up for an online account to view your loan details and make payments on your loan.
5
![calendar icon](https://alwaysmoney.com/wp-content/uploads/2024/02/calendar-grid.png)
Repay your loan according to the terms of your Loan Agreement.
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Always Money® Installment Loan Requirements
![18 and older icon](https://alwaysmoney.com/wp-content/uploads/2024/02/icons8-18-plus-100.png)
At least 18 years old (19 for personal loan in Alabama)
![magnifying glass over paper icon](https://alwaysmoney.com/wp-content/uploads/2024/02/research_8342558.png)
Most current checking account statement
![pen writing check icon](https://alwaysmoney.com/wp-content/uploads/2024/02/cheque_10841920.png)
Proof of income (most recent paycheck stub)
![hotel icon](https://alwaysmoney.com/wp-content/uploads/2024/02/hotel_13208855.png)
Proof of residence such as a utility bill, rent receipt or pay stub
![face recognition icon](https://alwaysmoney.com/wp-content/uploads/2024/02/face-recognition_7860443.png)
Valid Government Issued Photo ID
![insurance icon](https://alwaysmoney.com/wp-content/uploads/2024/02/insurance_8006333.png)
Proof of insurance for loans $3,000 or more
![pin number icon](https://alwaysmoney.com/wp-content/uploads/2024/02/pin-number_2194629.png)