Payday Loans And Installment Loans Kentucky
Payday loans or installment loans in Kentucky are legal and thus are subject to several laws and regulations to govern the trade. To help the consumers in need of additional funds, we offer comprehensive information about payday loans transaction within the state. We are dedicated to offer you the financial help in immediate and efficient manner to keep you afloat till the arrival of your next paycheck. Anytime when you are strapped for money, we are ready to serve you 24/7 with quick and safe lending service.
We help you to connect quickly with the wide range of direct lenders in Kentucky to let you have the appropriate cash support. When you find it really complicated or feeling skeptical to avail payday loan in Kentucky, approach us right away. Many residents of different states have already discovered a great relief from their cash emergency by using our convenient and fast searching tool. While availing Payday Loans In Kentucky, you need to know the rates and terms to take the sensible decision.
Specific Limitations Imposed By The Kentucky State Authorities On Payday Lenders Are As Follows:
Loan Amount And Duration:
The maximum amount of $500 is allowed to borrow by the residents of Kentucky on payday loan with the tenure of 14 to 60 days.
Cost Of Loan Includes:
1. Interest rates charges on loan is not higher than 15 percent
2. APR for per $100 for 14 days loan duration is 451 percent.
3. Finance charge for per $100 borrowed for 14 days is $17.65
4. $15 for per $100 check face value
5. Database fee of $1
Two loans at a time are allowed. In case, if the applicant is unable to repay the loan on scheduled date, 4 part equal installment plan is allowed.
We assure that the above information is up-to-date and provide you the data you need as a borrower to make the most out of each payday transaction in Kentucky.