Payday Loans in Gravel Switch, 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 Gravel Switch, KY. Consider companies in other cities:

Company nameAddressZip codePhone number
First Southern National Bank 401 N Main St, Greenville, KY 42345 +1 (270) 338 - 3505
World Finance 276 Cassidy Blvd Suite 2, Pikeville, KY 41501 +1 (606) 437 - 1431
Abound Credit Union 299 Lincoln Dr, Hodgenville, KY 42748 +1 (800) 285 - 5669
Southside Pawn Shop 3470 Wayne Sullivan Dr, Paducah, KY 42003 +1 (270) 444 - 9610
KY Cash Advance 113 Clay Dr, Berea, KY 40403 +1 (859) 985 - 1900
Ky Cash Advance 367 Richmond Rd, Irvine, KY 40336 +1 (606) 723 - 0090
Heights Finance Corporation 13 Oblique St, Florence, KY 41042 +1 (859) 525 - 0888
Cash Express 103 W Arcadia Ave, Dawson Springs, KY 42408 +1 (270) 425 - 2100
Community Trust Bank 32 N Levisa Rd, Mouthcard, KY 41548 +1 (606) 835 - 4907
Whitaker Bank 130 S Main St, Stanton, KY 40380 +1 (606) 663 - 2283

Payday Loan Companies in Nearby Cities

If there are no payday loan companies in Gravel Switch, KY, you can try to find different companies in big cities near by. Check out the following pages here: Payday Loan for Florence, KY, Payday Loans in Georgetown, KY, Online Loans in Hopkinsville, KY, Payday Loans in Louisville, KY, Payday Loans in Owensboro, KY and Payday Loan Without a Credit Check 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 Gravel Switch, KY.

Payday Loans Available in Gravel Switch, KY By The Following ZIP Codes:

40328

Are Payday Loans Legal In Gravel Switch, 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

Gravel Switch, KY payday loan calculator

Payday loans in Gravel Switch, Kentucky: What You Need to Know

Payday loans have become a popular method of obtaining quick funds, especially for those who need money before their next paycheck. In Gravel Switch, Kentucky, payday loans are legal and regulated. This guide will provide you with all the information you need to know about payday loans in Gravel Switch.

What are payday loans?

A payday loan is a short-term loan that is usually due on your next payday. These loans typically have high-interest rates and fees, which can make them expensive if you cannot repay them on time. However, they can be useful if you need money quickly and have no other options.

How do payday loans in Gravel Switch work?

In Gravel Switch, Kentucky, payday loans are legal for check cashers only. This means you can obtain a payday loan from a check casher, but not from a lender. To apply for a payday loan, you will need to provide the check casher with your personal and financial information, including your name, address, income, and bank account details.

Once you have applied for the loan, the check casher will evaluate your application and determine whether or not to approve it. If your application is approved, you will receive the funds in cash or deposited into your bank account. You will typically have to repay the loan on your next payday, along with interest and fees.

What are the requirements for obtaining a payday loan in Gravel Switch?

To obtain a payday loan in Gravel Switch, you must be at least 18 years old and have a steady source of income. You must also provide proof of your income and a valid ID. Your credit history is not typically a factor in whether or not you can obtain a payday loan.

What are the fees and interest rates for payday loans in Gravel Switch?

In Gravel Switch, the maximum amount you can borrow is $500, and the loan term cannot exceed 60 days. The fee for a payday loan cannot exceed $15 per $100 borrowed, and interest rates are capped at 36% annually. This means that if you borrow $300 for 14 days, you will be charged a maximum fee of $45, and the total amount you will have to repay will be $345.

Important Things to Consider Before Getting a Payday Loan in Gravel Switch

  • Payday loans are expensive: The fees and interest rates for payday loans are much higher than those for traditional loans. They can quickly add up and make it difficult for you to repay the loan.
  • Only borrow what you need: Payday loans should be used only in emergencies or when you have no other options. Borrowing more than you need will make it harder for you to pay back the loan on time.
  • Payday loans are a short-term solution: Payday loans are not a long-term solution to financial problems. If you are struggling with debt, consider seeking advice from a financial counselor or debt relief organization.
  • Read the fine print: Make sure you understand the terms and conditions of the payday loan before you apply. Pay attention to the fees, interest rates, and repayment terms.

Interesting Facts about Payday Loans in Gravel Switch, Kentucky

Did you know that in Gravel Switch, payday lending is not regulated by state law, but by local ordinances? Gravel Switch has enacted its own laws regarding payday lending, including fees, interest rates, and loan terms.

In addition, according to a study conducted by the Consumer Financial Protection Bureau, more than 80% of payday loans are rolled over or followed by another loan within 14 days, indicating that many borrowers are unable to repay the loan on time.

Apply Now for a Payday Loan in Gravel Switch, Kentucky

If you need a payday loan in Gravel Switch, Kentucky, visit TheGuaranteedLoans website. We are a connector service that will help you connect with potential lenders who can provide you with the funds you need. Our online application process is quick and easy, and you can receive a decision in minutes.

Remember, payday loans are a short-term solution and should be used only when you have no other options. Borrow only what you need, and make sure you can repay the loan on time. If you are struggling with debt, seek advice from a financial counselor or debt relief organization.

F.A.Q.

Can I apply for a payday loan if I am on active military duty in Gravel Switch, Kentucky?

Yes, individuals on active military duty are eligible to apply for payday loans in Gravel Switch, Kentucky. However, there are special protections in place for military members, so be sure to inform the lender if you are on active duty.

Are there any restrictions on the interest rate for payday loans in Gravel Switch, Kentucky?

Yes, the maximum interest rate for payday loans in Gravel Switch, Kentucky is 390% APR.