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

Company nameAddressZip codePhone number
World Finance 1661 KY-192 4, London, KY 40741 +1 (606) 862 - 6660
CNS Quickcash 325 S Central Ave, Campbellsville, KY 42718 +1 (270) 465 - 2522
Unbanc Inc 955 N Wilson Rd # C, Radcliff, KY 40160 +1 (270) 352 - 2797
World Finance 217 Boone Station Rd, Shelbyville, KY 40065 +1 (502) 647 - 5940
First Southern National Bank 1013 W Main St, Princeton, KY 42445 +1 (270) 365 - 5151
Check Exchange 1406 Hustonville Rd, Danville, KY 40422 +1 (859) 236 - 0035
Check Into Cash 1313 B Monmouth Street, Newport, KY 41071 +1 (859) 291 - 5400
World Finance Corporation 162 Appalachian Plaza, South Williamson, KY 41503 +1 (606) 237 - 5115
Bluegrass Check Advance 810 W Main St, Glasgow, KY 42141 +1 (270) 629 - 5717
Check Into Cash 463 Eastern Bypass, Richmond, KY 40475 +1 (859) 624 - 5224

Payday Loan Companies in Nearby Cities

If there are no payday loan companies in Mazie, 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, Same Day Loans in Georgetown, KY, Payday Loans in Hopkinsville, KY, Payday Loans in Louisville, KY, Same Day Loans in Owensboro, KY and 24-Hour Loan 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 Mazie, KY.

Are Payday Loans Legal In Mazie, 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

Mazie, KY payday loan calculator

Understanding Payday Loans in Mazie, Kentucky

Payday loans are a type of short-term loan that is often used for emergency expenses. People who need money quickly may turn to payday loans because they offer fast and convenient access to funds. In Mazie, Kentucky, payday loans are legal for check cashers. In this article, we’ll explore the ins and outs of payday loans in Mazie, Kentucky.

How Payday Loans Work

Payday loans are typically offered by specialized lenders or check cashing services. They are generally small, short-term loans, usually for a few hundred dollars or less. Borrowers are required to pay back the loan within a few weeks or when they receive their next paycheck. Payday loans are often used to cover unexpected expenses or emergencies, such as car repairs or medical bills.

Applying for a payday loan is relatively easy and usually requires proof of income, such as a pay stub. Borrowers are required to give the lender access to their checking account or provide a post-dated check to cover the loan amount plus fees. Lenders typically charge high interest rates and fees for payday loans, making them a costly option for borrowers.

Payday Loan Regulations in Mazie, Kentucky

Kentucky has several laws in place to regulate payday lenders. Payday lending is legal in the state for check cashers, and there are limits on how much a borrower can borrow and how much the lender can charge in fees and interest.

In Mazie, Kentucky, the maximum amount a borrower can borrow is $500, and the lender can charge up to 15% of the loan amount in fees. Borrowers are required to pay back the loan within 14 days or when they receive their next paycheck.

Lenders are required to be licensed by the Kentucky Department of Financial Institutions and are subject to other regulations as well. It’s important for borrowers to understand these regulations and to work with a licensed lender to avoid scams or illegal lending practices.

The Pros and Cons of Payday Loans

Payday loans offer fast and convenient access to cash, but they come with several drawbacks. The interest rates and fees charged by lenders can be extremely high, which can make them a costly option for borrowers. Additionally, borrowers who are unable to pay back the loan on time can face fees and penalties, as well as damage to their credit score.

On the other hand, payday loans can be a lifeline for people who need emergency funds and have no other options. They are often easier to qualify for than other types of loans and can be processed quickly. However, borrowers should carefully consider their options and make sure they can afford to pay back the loan before taking out a payday loan.

Interesting Facts About Payday Loans in Mazie, Kentucky

  • Approximately 83% of payday loans in Kentucky are used to pay for recurring expenses such as rent, utilities, and food.
  • The average payday loan in Kentucky is for $329.
  • About 22% of payday loan borrowers in Kentucky have taken out ten or more loans in the past year.

Apply Now

If you’re in need of emergency funds, TheGuaranteedLoans can help. We connect borrowers with potential lenders who offer payday loans, title loans, and other loan options. Our easy online application process can help you get the funds you need quickly and conveniently. Please note, we are a connector service, not a direct lender.

To apply for a payday loan through TheGuaranteedLoans, simply fill out our online application form. We’ll connect you with a lender who can offer the loan you need, and you can receive your funds as soon as the next business day.

Conclusion

Payday loans can be a useful tool for people who need emergency funds, but they come with several drawbacks. It’s important to understand the regulations and costs associated with payday loans in Mazie, Kentucky before taking one out. As with any type of loan, borrowers should carefully consider their options and make sure they can afford to pay back the loan before applying.

At TheGuaranteedLoans, we’re here to help connect borrowers with lenders who can offer the funds they need. If you’re interested in applying for a payday loan, visit our website and fill out our online application today.

F.A.Q.

What are the requirements to be eligible for a payday loan in Mazie, Kentucky?

To be eligible for a payday loan in Mazie, Kentucky, you must be at least 18 years old and have a valid government-issued ID and proof of income.

How long do I have to repay a payday loan in Mazie, Kentucky?

Payday loans in Mazie, Kentucky must be repaid within 60 days.