Personal loans in Lyon, MS

Lyon, Mississippi — home to about 270 people — is a small community, so the terms you are offered follow Mississippi law rather than any local rule. Pull your credit reports and line up at least three offers before you apply from Lyon.

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

How we get paid: if you apply through the link above, a lending partner may send us a referral fee. It never changes the rate you are offered or what we publish. We are not a lender and we do not process applications. The lowest rates are only available to the most qualified applicants. Full disclosure.

At about 270 residents, Lyon is larger than roughly 16% of the places in Mississippi. State law, rather than federal rules alone, supplies the rate caps and licensing rules that reach Lyon's 270 residents. From the 2020 Census base to the 2023 estimate, the population declined by about 7.8%. The nearest larger city is Clarksdale, MS about 2 miles away.

Borrowing in Lyon: the local picture

Two layers matter for a Lyon borrower: the local population picture and Mississippi's consumer-lending statutes.

Lyon's place among Mississippi's 299 places

Against Mississippi's other places, Lyon accounts for about 0.0% of the state's population and ranks 251st of 299 by size. Its 2020-to-2023 change ranks 281st of 299 Mississippi places, putting it near the 6th percentile for growth. At about 560 people per square mile, Lyon is the 106th most densely settled place in Mississippi. In land area, Lyon ranks 280th among Mississippi's 299 places.

Mississippi consumer-lending rules applied in Lyon

These are Mississippi's sourced lending facts as they reach Lyon's 270 residents; the state has no city-level rate rule.

RuleDetailSource
State lending regulatorMississippi Department of Banking and Consumer Finance (DBCF)
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
Payday lending statusLegal and licensed — check cashers (delayed-deposit/payday transactions) are licensed consumer-finance industries regulated by DBCF (Miss. Code § 75-67-501 et seq.)
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 licensingSmall loan license required (Small Loan Regulatory Law; Miss. Code § 75-67-105)
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

What a Lyon borrower is actually offered

Lyon is a small community of about 270 people, and the personal loans written here are mostly unsecured — no collateral, so the lender leans on your credit file. Because pricing is borrower-level, two people in Lyon can be quoted different APRs on the same amount and term. A longer term lowers the monthly payment on a Lyon loan but raises total interest, so the smallest payment is not the cheapest loan.

Land, water and location for Lyon

Lyon's land area is roughly 0.5 square miles, and the Gazetteer records no significant water area within it. That land carries about 560 people per square mile. The largest place in Mississippi, Jackson, lies about 133 miles away. A 50-mile radius around Lyon takes in 41 places that are larger. By land area it ranks 280th of 299 Mississippi places.

Getting a loan in Lyon

With about 560 residents per square mile, Lyon is moderately settled, and 41 larger Census places sit within 50 miles. What is available to Lyon's 270 borrowers is set by Mississippi licensing and your own credit, not by how many branches are nearby. The nearest larger city, Clarksdale, MS about 2 miles away.

How we get paid: if you apply through the link above, a lending partner may send us a referral fee. It never changes the rate you are offered or what we publish. We are not a lender and we do not process applications. The lowest rates are only available to the most qualified applicants. Full disclosure.

Common questions

What are my options in Lyon if my credit is poor?
Borrowing is still possible, but expect a higher APR and a smaller approved amount. Lenders that accept lower scores hold statewide licences, so what is open to you in Lyon is the same as anywhere in Mississippi.
What loan size can I expect in Lyon?
Most personal loans sit somewhere between $1,000 and $50,000, though the figure you are approved for turns on the lender, your income and your credit. Model the monthly payment first with our personal loan calculator.
Do I have to pledge anything to borrow in Lyon?
For an unsecured personal loan, no — there is nothing to pledge. A secured loan, such as home equity or one secured by a vehicle, does require collateral, and default puts that asset at risk.
Does comparing loans in Lyon cost me credit score points?
Not during pre-qualification, which normally uses a soft pull and leaves your score alone. Submitting a full application triggers a hard inquiry, which can trim a few points briefly.

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