The Mississippi Department of Banking and Consumer Finance works to provide supervision and regulation to various institutions and associations furnishing financial services. The department monitors the compliance with laws and regulates banks, credit unions, saving associations and trust companies. It monitors brokers, check cashers, mortgage lenders and debt management service providers. The Mississippi Department of Banking and Consumer Finance maintains a consumer finance division that regulates title and insurance premium and motor vehicle sales finance companies. The department additionally considers various applications for charters, branching and licensing. The Mississippi Department of Banking and Consumer Finance is located in Jackson, Miss.
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