6 Miss. Code. R. 2-3.15
Current through December 10, 2024
The terms allowed are determined by the loan amount and should relate to the type of collateral offered. Terms should not exceed three (3) years for loans of $2,000 to $5,000, four (4) years for loans of $5,001 to $10,000, five (5) years for loans of $10,001 to $15,000, and seven (7) years for loans of $15,001 to $35,000.
6 Miss. Code. R. 2-3.15