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

Company nameAddressZip codePhone number
World Finance Corporation 726 Kentucky Highway 15 N, Suite 3, Jackson, KY 41339 +1 (606) 666 - 2497
Citizens Deposit Bank 10 2nd St, Vanceburg, KY 41179 +1 (606) 796 - 3001
University of Kentucky Federal Credit Union- Export Street Branch 1080 Export St, Lexington, KY 40504 +1 (859) 264 - 4200
Eagle Finance 6809 Alexandria Pike, Alexandria, KY 41001 +1 (859) 781 - 9000
First Financial Credit 1154 US-68 Business, Maysville, KY 41056 +1 (606) 564 - 4642
World Finance Corporation 360 Manchester Square Shopping Center, Manchester, KY 40962 +1 (606) 598 - 6141
Cash Express 1832 N Main St, Beaver Dam, KY 42320 +1 (270) 274 - 8232
World Finance 24 Caden Way Ste 1, Russell Springs, KY 42642 +1 (270) 284 - 4009
World Finance 124 Carol Malone Blvd, Grayson, KY 41143 +1 (606) 474 - 9566
Cash Express 752 State Hwy 2034 #5, Ermine, KY 41815 +1 (606) 633 - 7734

Payday Loan Companies in Nearby Cities

If there are no payday loan companies in Mozelle, KY, you can try to find different companies in big cities near by. Check out the following pages here: Same Day Loans in Florence, KY, Payday Loans in Georgetown, KY, Payday Loans in Hopkinsville, KY, Guaranteed 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 Mozelle, KY.

Are Payday Loans Legal In Mozelle, 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

Mozelle, KY payday loan calculator

Understanding Payday Loans in Mozelle, Kentucky

If you’re looking for a way to access quick cash in Mozelle, Kentucky, you may have heard about payday loans. These types of loans are a popular option for many individuals who need financial assistance between paychecks, but it’s important to understand how they work and what they entail before applying. In this article, we’ll explore the ins and outs of payday loans in Mozelle, Kentucky.

What are payday loans?

Payday loans, also referred to as cash advances, are short-term loans that must be paid back by the borrower’s next payday. They are typically provided in small amounts, ranging from $100 to $500 in most cases, and are meant to be used for emergency expenses. The loan is secured by the borrower’s post-dated check or through an automatic withdrawal from their bank account on the due date.

Are payday loans legal in Mozelle, Kentucky?

Yes, payday loans are legal in Kentucky, but only for check cashers. All other types of lenders are prohibited from offering payday loans. The loan term cannot be less than 14 days and cannot exceed 60 days. The finance charge cannot exceed $15 for every $100 borrowed, and a borrower can only have up to two outstanding payday loans at a time. Additionally, the lender must provide a written agreement outlining the terms and conditions of the loan.

How do payday loans work?

Applying for a payday loan is typically a quick and easy process. The borrower will be required to provide proof of income, a government-issued ID, and their checking account information. The lender will then assess the borrower’s ability to repay the loan by reviewing their income and expenses. If approved, the borrower will receive the loan amount, minus any fees, and will be required to pay it back in full, plus interest and fees, on their next payday.

What are the benefits of payday loans?

  • Quick access to cash: Payday loans can be approved and funded in a matter of hours, providing the borrower with immediate financial relief in times of need.
  • No credit check required: Since payday loans are secured by the borrower’s next paycheck, no credit check is required for approval. This makes payday loans an option for individuals with poor credit or no credit history.
  • Flexible repayment terms: Payday loans typically offer flexible repayment terms, allowing borrowers to choose a due date that works best for them.

What are the risks of payday loans?

  • High fees and interest rates: Payday loans are known for their high fees and interest rates, which can make them an expensive option.
  • Short repayment terms: Borrowers must pay back the loan, plus interest and fees, within a short timeframe, typically two weeks. This can be difficult for individuals who are already struggling to make ends meet.
  • Potential for debt cycle: If a borrower is unable to repay the loan on time, they may have to take out another loan to cover the outstanding balance. This can lead to a cycle of debt that is difficult to break.

Interesting facts and statistics about payday loans in Mozelle, Kentucky

  • The average payday loan amount in Kentucky is $395.
  • 88% of payday loan borrowers in Kentucky have a high school diploma or less.
  • Payday lenders in Kentucky charge an average APR of 459%.
  • Despite the high fees and interest rates, payday loans are a popular option for many low-income individuals in Kentucky who have difficulty accessing traditional forms of credit.

Apply Now

If you’re considering a payday loan in Mozelle, Kentucky, TheGuaranteedLoans can help connect you with potential lenders. Our online application process is fast and easy, and we work with a network of reputable lenders to find the best loan options for your needs. Keep in mind that TheGuaranteedLoans is a connector service, not a direct lender, and we do not make lending decisions or set loan terms. Start your application today and get the cash you need.

F.A.Q.

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

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

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

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