Why get an Online Loan in Kentucky?
We get it. Sometimes, emergency expenses like home repairs come up and you need to get cash
immediately. Anyway, you don't have the income or credit to put it on your credit card.
Thankfully, getting an online loan in Kentucky is quick and easy. It doesn't matter if you live
in Lexington, Louisville, Bowling Green, or Independence, you can you loan deposited the same business day or if applying after 11am, the next business day.
How Much do Online Payday Loans in Kentucky Cost?
The maximum annual percentage rate allowed by law in Kentucky is 184.93% APR.
Finance Charges
Often, the APR includes the interest rate plus fees. In Kentucky, lenders may charge a maximum
of 15% Finance charge up to a $75 maximum fee, plus $1 data charge.
Representative Example
For example, Maynard has an unexpected home repairs expense and needs cash
immediately. They can borrow up to $500 for up to 60 days
at 184.93% APR. The high APR can make this example loan extremely expensive; Maynard will pay back a total of $654 including a total of $154 in interest and fees!
What You Need
Before you can get an online loan in Kentucky, this is what you will need:
- You must be at least 18 years old
- Valid Kentucky driver license or government issued ID
- Checking or savings account
- Most recent pay stub
Terms for Online Payday Loans in Kentucky
Maximum loan terms in Kentucky:
- Maximum loan amont: $500
- Maximum rate, including fees: 184.93%
- Maximum loan length: $500
