Small financial problems will never knock me out of the way! However, for a long time I could not find a suitable lender, although I needed only $500. And I was very glad to come across a site Payday-Loans-Cash-Advance.net, where I subsequently satisfied my current financial appetite.
John Di, Kentucky
Thanks Payday-Loans-Cash-Advance.net for picking honest and decent lender. Before that, I had some problems with credit, and through no fault of mine. It makes me mad when someone changes rules during the game. I was completely satisfied with the services of the site.
Marianna Johnson, Kentucky
I’ve been searching for Range Rover for a long time, and finally found the acceptable offer. Of course, I might wait until the next salary, but did not want to risk (as the car could be sold at any time). I asked Payday-Loans-Cash-Advance.net for a credit, and get it on the same day. Hoorah!
Alex Williams, Kentucky
The next day after sending application, I was credited with $1,000. It’s not really big sum for me, but it so happened that it was missing. The lender was surprisingly honest person, acting within the legal field.
Pi Jackson, Kentucky
Wedding anniversary was too close, but I still couldn’t choose a gift to my wife. Finally, I have stopped at golden earring. They were gorgeous, but the sum was slightly higher than I expected. Then I go to Payday-Loans-Cash-Advance.net. What can I say is that the cooperation was absolutely amazing: the service quickly picked up a reliable lender for me, and finally I got the lacking cash.
Andrew Brown, Kentucky
I've long been afraid to take money on credit, but my friend finally persuaded me. And, it turns out, not in vain. The procedure was clear and legal. I will continue to use Payday-Loans-Cash-Advance.net in case of financial scums.
Fred Davis, Kentucky
I didn’t want to ask friend for money, so I appealed to the Payday-Loans-Cash-Advance.net. The potential lender was found in a few hours after the application approval. Everything was top notch.
Peter Hall, Kentucky
After co-working with Payday-Loans-Cash-Advance.net I finally began to trust creditors. I do not know how they do it, but each time I ask them, the pick a reliable and fair lender. P.S. I hope the financial difficulties will finally depart. Otherwise, I’ll continue to work with the Payday-Loans-Cash-Advance.net
Lilly Watson, Kentucky
Online Payday Loans Up To $1,000
Cash Loans in Kentucky, USA
We wish to help you!
The reasons why you should choose us:
The problem of money absence at the right moment is quite familiar to us, so we want to protect you from this trouble.
All that we offer is a free help.
Now you have an opportunity to get a cash advance loan much faster and easier than before – just fill out Apply Now form and wait for a couple of minutes.
You can use the service directly from your apartments! No need to leave your office or home to apply instantly for a cash loan up to $1.000
After filling out the application, it takes no longer than a few minutes to us to find a reputable lender that can give you a loan on pre-agreed terms and conditions.
Once proposal will be approved, you’ll be redirected to the lender's page to coordinate the loan terms and rates with the lender.
Payday loans are short-term loans that are typically used to cover unexpected expenses or bridge gaps in between paychecks. If you're in Kentucky and considering getting a payday loan, it's important to understand the regulations and requirements for payday lending in the state.
Regulations for Payday Lending in Kentucky
As of September 2021, the regulations for payday lending in Kentucky include:
Loan amount: Up to $500
Loan term: 14-60 days
Finance charge: $15 per $100 on loans up to $250; $10 per $100 on loans from $251-$500
APR: The APR on a 14-day $100 loan is 459%.
Maximum number of loans: Two outstanding loans at a time; total of $500 outstanding loans at any time
Repayment plan: Lenders must offer an extended payment plan of at least 60 days for borrowers who are unable to repay their loans on the due date
It's important to note that Kentucky law prohibits rollovers or renewals of payday loans. This means that lenders cannot extend a loan or issue a new loan to a borrower in order to pay off an existing loan.
Requirements for Getting a Payday Loan in Kentucky
In order to get a payday loan in Kentucky, you must:
Be at least 18 years old
Have a government-issued ID
Have a regular source of income
Have an active checking account
Some lenders may also require additional documentation or information, such as proof of income or residency. It's important to check with the lender beforehand to see what their specific requirements are.
How to Apply for a Payday Loan in Kentucky
To apply for a payday loan in Kentucky, follow these steps:
Research lenders in your area to find one that meets your needs and preferences.
Gather the necessary documents and information, such as your government-issued ID and proof of income.
Visit the lender in person or apply online through their website.
Fill out the loan application and provide the required documentation and information.
Review the loan terms and fees before signing the agreement.
Receive your loan funds, either in cash or deposited directly into your checking account.
Loan Comparison Table
When choosing a payday loan lender, it is important to compare the loan terms and APR to find the best option for you. The table below shows a comparison of loan terms from three different lenders in Kentucky:
Here is the comparison table with the exact names of the lenders, loan amount, loan term, finance charge, and APR:
Lender
Loan Amount
Loan Term
Finance Charge
APR
Check Into Cash
$500
14 days
$75
459%
CashNetUSA
$400
30 days
$48
426%
Rise Credit
$500
30 days
$75
180%
MoneyKey
$500
14 days
$75
675.83%
Advance America
$500
14 days
$75
391.07%
Conclusion
In conclusion, getting a payday loan in Kentucky can be a quick and easy solution to address financial emergencies. However, it is important to understand the regulations surrounding payday loans to ensure that you are protected as a borrower.
The Kentucky Department of Financial Institutions oversees the payday loan industry in the state, and borrowers should be aware of the maximum loan amount, loan term, and finance charges allowed by law. By doing so, borrowers can make informed decisions and avoid falling into a cycle of debt.
Remember, payday loans should only be used as a last resort and borrowers should explore other options such as personal loans, credit cards, or borrowing from family and friends before turning to payday loans.
Overall, payday loans can be a helpful tool in managing unexpected expenses, but it is important to use them responsibly and with caution.
