Best Payday Loans in Kentucky KY - Apply Online Now to Borrow $500, $1000 or $2000 Online Today!
Step 1: Apply Online Today
Step 2: Wait For Approval
Step 3: Get Your Loan
We offer our customers payday loans with reputable lenders who offer a fair loan to suit your financial needs.
Soft Search Loans
Dime Alley also provides the option to apply for a soft search loan – we won’t leave any footprint on your credit history.
Same Day Loans
When you apply with Dime Alley, your money could appear in your account in as soon as one hour!
Why Choose Dime Alley for Payday Loans in Kentucky?
Dime Alley offers a quick, easy, hassle-free way to get a Payday Loan in Kentucky. Using our loans connection service, we can help find a lender that suits your needs, and, if accepted, you will receive your funds ASAP!
Payday Loans can be a great option to tide you over until your next payday in your time of financial stress. We all have financial difficulties from time-to-time, but rest assured, Dime Alley will help every step of the way.
Am I Eligible for a Payday Loan in Kentucky?
In order to qualify for a payday loan in Kentucky, there are a few simple criteria that to meet to have a chance at being approved!
- You must be a US resident, over the age of 18.
- You should have a stable, regular income, earning a minimum of $800 per month.
- You should have a valid mobile phone account and a live checking account (for your loan to be deposited into).
How Long Will it Take to Get a Payday Loan in Kentucky?
Receiving a payday loan in Kentucky could take as little as an hour, or sometimes as soon as the next business day!
With Dime Alley, your online form is sent to lenders across Kentucky, and you’ll receive an instant decision. If your request is accepted, you’ll find the money in your account as fast as possible.
Kentucky KY Payday Loan Rules and Regulations
|Are Payday Loans Legal?||Yes|
|Maximum Loan Amount||$500|
|Minimum Loan Term||14 days|
|Maximum Loan Term||60 days|
|No. of Rollovers Allowed||0|
|No. of Outstanding Loans Allowed||2|
|Finance Charges||$15 fee per $100 of principal|
What Should I Consider Before Getting a Payday Loan in Kentucky?
You should first check that you meet the eligibility criteria (see above) before you apply. Make sure you consider whether you can afford to meet the repayments on time.
In the case that you are unable to repay your Kentucky payday loan, interest may be added. Not repaying your loan on time may also affect your credit score. It would be best if you thought about how much you actually need to borrow before getting started.
Where You Can Get a Payday or Installment Loan in Kentucky, KY:
Where Can I Get a Payday Loan in Kentucky?
With Dime Alley, you can get a payday loan in Louisville, Lexington or anywhere else in the state of Kentucky, completely online! We make the application process quick and hassle-free, and do our best to find a lender to suit your personal needs.
As a loans connection service, we process your application against hundreds of direct money lenders, apps and payday stores to find you the best approval and most competitive rate. You could have the loan in your account in as little as an hour!
Fort Campbell North
FAQs on Payday Loans in Kentucky, KY
- How many Payday Loans can I have in Kentucky?
- Is There a Price Cap on Kentucky Loans?
- What is the Repayment Period on my Payday Loan?
- Am I Charged a Fee for using Dime Alley?
- Can I Get a Payday Loan with Poor Credit?
- Is There a Maximum Loan Amount in Kentucky?
In Kentucky, a payday lender can charge no more than $15 per $100 in credit, and state law restricts borrowers to no more than two loans at a time, or a cumulative $500 cap
The price cap on loans in Kentucky is currently set at 469%.
A payday loans interest cap is a limit on how much interest lenders are allowed to charge borrowers for taking out a payday loan.
Customers can repay over 1 month to 60 months (or equal to 5 years) – this will depend on whether you prefer the payday option which may be just a few weeks or months, or the longer installment option which can be several years to stretch out your repayments.
Payments are usually made in equal monthly installments from the bank account you choose and you always have the option to repay early if you would like to do so.
No! We will never charge fees for using our service.
Instead, we take a fee or commission from the lender if your application is approved and successful. The lenders will charge a daily or monthly interest if your loan is active and this will be presented to you in writing before you proceed.
Absolutely you can! Dime Alley offers a variety of loans for people with all sorts of different financial histories – you absolutely do not need a perfect credit score to apply for a loan with us.
We will aim to match you with a lender who is the right fit for your financial situation.
In the state of Kentucky, the maximum payday loan amount is $500. The maximum loan term is 60 days.