Payday Loans in Eriline, Kentucky

All Credits Welcome!

If you have a bad credit score, then don’t worry – it’s not an issue for us!

TGL Loan Services

You can get your money fast after filling out the simple form on the "Get Started" page! Lenders cannot guarantee the approval, but they could approve your loans, even if you are unemployed, receiving government benefits.

Fast Money In Your Bank

You can get your money within hours after filling out the form! We work 24/7 for you!
  • This form is protected with secure 256-bit SSL encryption
  • By clicking “Get Started”, I consent and agree to the Privacy Policy and Terms of Use.

No payday loan companies in Eriline, KY. Consider companies in other cities:

Company nameAddressZip codePhone number
First Kentucky Bank 145 S Main St, Greenville, KY 42345 +1 (270) 338 - 1331
World Finance 232 Skywatch Dr, Danville, KY 40422 +1 (859) 236 - 9119
Check Advance 55 Jb Shannon Dr b, Flemingsburg, KY 41041 +1 (606) 849 - 3040
Personal Finance Company 3311 US-27, Somerset, KY 42501 +1 (606) 451 - 0602
First South Credit-Madison 610 Big Hill Ave # 5, Richmond, KY 40475 +1 (859) 625 - 1300
Cash Express 1207 Paris Rd, Mayfield, KY 42066 +1 (270) 247 - 2012
Mariner Finance 1000 E W John Rowan Blvd 102, Bardstown, KY 40004 +1 (502) 349 - 3288
Cash Express 2075 By Pass Rd Unit 1, Brandenburg, KY 40108 +1 (270) 422 - 5280
U.S. Bank ATM - Loretto 4695 KY-52, Loretto, KY 40037 +1 (800) 872 - 2657
Walmart Money Center 996 old Highway 60, Hardinsburg, KY 40143

Payday Loan Companies in Nearby Cities

If there are no payday loan companies in Eriline, KY, you can try to find different companies in big cities near by. Check out the following pages here: Payday Loans in Florence, KY, Short-term Loans in Georgetown, KY, Online Loans in Hopkinsville, KY, Same Day Loans in Louisville, KY, Emergency Loan in Owensboro, KY and Payday Loans in Richmond, KY. But also, you can apply for a loan online, not coming out of your home. Just fill out a simple application on our website and we will connect you with trusted direct lenders in Eriline, KY.

Are Payday Loans Legal In Eriline, Kentucky?

Loan Rates and Fees, Laws and Regulations in Kentucky.

Kentucky Loan Regulations

Legal StatusLegal (Applies to check cashers only)
Interest Rate (APR, %)460
Maximum Loan Amount$500
Minimum Loan TermNot Specified
Maximum Loan Term60 days
Number of Rollovers Allowed0
Finance Charges$15 per $100

Eriline, KY payday loan calculator

Understanding Payday Loans in Eriline, Kentucky

Are you considering a payday loan in Eriline, Kentucky? Understanding how payday loans work and your options is crucial in making an informed decision.

Payday loans are short-term loans designed to help you cover unexpected expenses or emergencies when you don’t have the cash on hand. In Kentucky, payday loans are legal and regulated, but it’s essential to be aware of the fees and charges, repayment terms and conditions, and the lender’s reputation before agreeing to any loan.

How Do Payday Loans Work?

To obtain a payday loan in Eriline, Kentucky, a borrower must provide a post-dated check or authorize the lender to withdraw the loan amount plus fees from their bank account on their next payday. Payday loans typically have a shorter repayment term, usually between 14-30 days, and the loan amount can range from $100 to $500.

To qualify for a payday loan, you must have a regular income source, an active checking account, and be at least 18 years old. Unlike other loans, payday lenders don’t require a credit check because the loan amount is based on your income and the ability to repay.

What Are the Fees and Charges?

Payday loans can be expensive due to the high-interest rates and fees associated with them. In Kentucky, lenders can charge up to $15 per $100 borrowed, and payday loans cannot exceed $500 in total.

For example, if you take out a payday loan of $300, you can expect to pay a finance charge of $45 ($15 for every $100 borrowed). This means you will need to pay back a total of $345 on your next payday.

What Happens if You Can’t Repay on Time?

It’s important to repay your payday loan on time to avoid additional fees and potential legal consequences. If you can’t repay your loan on the due date, Kentucky law allows lenders to charge late fees up to $15 and interest at a rate of 36% per annum.

If you continue to miss payments, the lender may sell or transfer your loan to a collection agency. This will result in additional fees, damaged credit, and potential legal action. Therefore, it’s essential to only take out a payday loan if you are confident in your ability to repay it on time.

Interesting Facts and Statistics

  • Kentucky has the highest percentage of adults who report using payday loans, with 17% of residents using them, compared to the national average of 6%.
  • As of October 2021, there are no payday lenders located in Eriline, Kentucky.
  • In Kentucky, the average payday loan is $327, and the average APR is 460%.

Apply Now

At TheGuaranteedLoans, we aim to connect you with potential lenders that can offer you a payday loan that fits your needs. With our online application process, you can complete your application quickly and easily from the comfort of your own home.

Please note that we are a connector service, not a direct lender. We cannot guarantee loan approval, and we encourage borrowers to read and understand the terms and conditions carefully before accepting any loan offer.

Ready to apply for a payday loan in Eriline, Kentucky? Fill out our online application today!

F.A.Q.

Can I apply for a payday loan online in Eriline, Kentucky?

Yes, you can apply for a payday loan online in Eriline, Kentucky, as long as the lender is licensed to operate in the state.

Do I need a bank account to take out a payday loan in Eriline, Kentucky?

Yes, you will need a valid bank account to take out a payday loan in Eriline, Kentucky.