Payday Loans in Keene, 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 Keene, KY. Consider companies in other cities:

Company nameAddressZip codePhone number
Purpose Financial 5187 Hinkleville Rd Suite F, Paducah, KY 42001 +1 (270) 443 - 3113
United Community Bank 54 Hearin St, Clay, KY 42404 +1 (270) 664 - 0032
Check Into Cash 300 Sam Walton Dr #1300, Somerset, KY 42503 +1 (606) 451 - 3136
Southeast Financial Services Inc 744 S, US-25E Scenic, Barbourville, KY 40906 +1 (606) 545 - 6100
First Century Lending 120 S Hwy 27 2, Somerset, KY 42501 +1 (606) 678 - 2231
Checkered Flag Check Cashing Burnside, KY 42519 +1 (606) 561 - 0170
Tom's Pay Day Express 311 Ferry St, Russell, KY 41169 +1 (606) 834 - 0146
Cash Express 671 N Broadway, Lexington, KY 40508 +1 (859) 225 - 2970
Cash Advance Centers of KY 818 13th St, Ashland, KY 41101 +1 (606) 326 - 0323
U.S. Bank ATM - Morehead State University 150 University Blvd, Morehead, KY 40351 +1 (800) 872 - 2657

Payday Loan Companies in Nearby Cities

If there are no payday loan companies in Keene, KY, you can try to find different companies in big cities near by. Check out the following pages here: Short-term Loans in Florence, KY, Guaranteed Loans in Georgetown, KY, Payday Loans in Hopkinsville, KY, Payday Loans in Louisville, KY, Online Loans in Owensboro, KY and No Credit Check 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 Keene, KY.

Are Payday Loans Legal In Keene, 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

Keene, KY payday loan calculator

Payday Loans in Keene, Kentucky: A Comprehensive Guide

Payday loans refer to small, short-term loans that borrowers can acquire to address urgent financial needs. These loans are typically due on the borrower’s next payday, which is where the name comes from. While payday loans can offer a quick and easy solution to sudden emergencies, they can also come with high-interest rates and fees that can trap borrowers in a cycle of debt.

Payday Loan Regulations in Kentucky

In Keene, Kentucky, payday loans are legal and regulated. However, it’s important to note that this applies only to check cashers. The Kentucky Deferred Presentment Transaction System regulates the payday lending market in the state, including Keene. The law requires lenders to adhere to certain regulations to protect consumers, including:

  • Lenders cannot issue more than two outstanding payday loans to any one borrower at a time.
  • Payday loans cannot exceed $500 in Kentucky.
  • Lenders must disclose all fees and charges related to the loan.
  • Payday loans cannot have a term longer than 60 days.
  • Lenders must verify a borrower’s income and employment status before issuing a loan.
  • Lenders must provide borrowers with a written agreement that outlines loan terms, fees, and repayment obligations.

The Pros and Cons of Payday Loans

While payday loans can offer a quick solution to unexpected expenses, they come with both advantages and disadvantages. Here are some potential pros and cons to consider before taking out a payday loan:

Pros

  • Easy approval process: Most payday lenders do not require an extensive credit check, which means that borrowers with poor credit can still qualify for a loan.
  • Quick access to cash: Payday loan applications typically take less than 24 hours to process, which means you can have cash in hand quickly.
  • Flexibility: You can use payday loans for any purpose, including unexpected emergencies, medical bills, and car repairs.

Cons

  • High interest rates: Payday loans come with exceptionally high-interest rates, which can make it challenging to repay the loan when it’s due.
  • Short repayment terms: Most payday loans are due within two to four weeks, meaning borrowers don’t have much time to pay them back before incurring additional fees or penalties.
  • Financial Burden: Paying back the full amount of the loan plus interest and fees can create a financial burden for borrowers, leading to a cycle of debt.

How to Apply for a Payday Loan in Keene, Kentucky

Getting a payday loan in Keene, Kentucky is a straightforward process. Here are the steps to follow:

  1. Find a Lender: Research and compare different lenders in Keene, Kentucky that offer payday loans. Look for a lender that is transparent about fees, repayment terms, and their overall lending process.
  2. Provide Documentation: Most lenders will require documentation such as a valid ID, proof of income and employment, and a bank statement. Make sure you have all necessary documentation before applying.
  3. Complete the Application: Once you have all the necessary documentation, it’s time to complete the application process. Be sure to accurately fill out all the required fields to avoid any delays in the process.
  4. Review and Accept Terms: Once the lender approves your payday loan application, they will provide you with a loan agreement outlining the terms, fees, and repayment obligations. Be sure to review the terms carefully before accepting and signing the agreement.
  5. Receive Funds: Once you accept the loan’s terms and conditions, the lender funds the loan proceeds directly to your bank account.

Interesting Facts and Statistics About Keene, Kentucky Payday Loans

  • The average payday loan amount in Kentucky is $375.
  • Payday loan fees in Kentucky cannot exceed $15 per $100 borrowed.
  • More than half of payday loan borrowers in Kentucky have a high school degree or less.
  • Payday loans can lead to a cycle of debt, with over 80% of payday loans being rolled over or followed up with another loan within two weeks.

Apply Now for a Payday Loan in Keene, Kentucky

If you are facing an unexpected emergency, and you’ve decided that a payday loan is the best option for you, TheGuaranteedLoans can connect you with potential lenders in Keene, Kentucky to give you the financial assistance you need. Keep in mind that TheGuaranteedLoans is a connector service, not a direct lender, and that you will be connected with lenders that meet their requirements. To begin your application process, visit our website and complete the online form. We’ll do our best to connect you with a loan provider that can approve your application quickly and provide you with the financial help you need.

F.A.Q.

Are there any restrictions on the number of payday loans I can take out in Keene, Kentucky?

Yes, you are only allowed to take out one payday loan at a time in Keene, Kentucky.

Can I take out a payday loan if I have bad credit?

Yes, you can still take out a payday loan in Keene, Kentucky even if you have bad credit.