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

Company nameAddressZip codePhone number
Appalachian Check Exchange 1224 KY-122, Martin, KY 41649 +1 (606) 285 - 0054
Citizens Deposit Bank 10 2nd St, Vanceburg, KY 41179 +1 (606) 796 - 3001
Bank of the Bluegrass & Trust Co. 101 E High St, Lexington, KY 40507 +1 (859) 233 - 4500
Cash Express 209 W Main St, Springfield, KY 40069 +1 (859) 336 - 5422
Carrollton Federal Bank 2539 KY-227, Carrollton, KY 41008 +1 (502) 732 - 4272
Cash Express 111 Newman Drive, Eddyville, KY 42038 +1 (270) 601 - 5056
Woodforest Bank 120 Sam Walton Dr, Russellville, KY 42276 +1 (270) 725 - 9415
Lendmark Financial Services LLC 2400 William Thomason Byway b, Leitchfield, KY 42754 +1 (270) 259 - 9614
Check `n Go 315 Leonardwood Dr #4, Frankfort, KY 40601 +1 (502) 226 - 4444
Speedy Cash 123 Corporate Dr 103, Hazard, KY 41701 +1 (606) 439 - 5050

Payday Loan Companies in Nearby Cities

If there are no payday loan companies in Waddy, KY, you can try to find different companies in big cities near by. Check out the following pages here: Payday Loan Without a Credit Check in Florence, KY, Same Day Loans in Georgetown, KY, No Credit Check Loans in Hopkinsville, KY, Payday Loan Companies in Louisville, KY, Payday Loans 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 Waddy, KY.

Beautiful sights of Waddy, KY

Are Payday Loans Legal In Waddy, 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

Waddy, KY payday loan calculator

Waddy, Kentucky, is a small town with a population of just over 500 people. While it’s a peaceful community, many residents still have to deal with financial emergencies. When unexpected expenses arise, payday loans can be a solution for those who need fast cash.

What Are Payday Loans?

If you’ve ever found yourself in the midst of a cash crunch, you may have heard of payday loans. Payday loans are short-term loans that are typically due on your next payday. They’re meant to help you bridge the gap between paychecks when you need it the most.

While getting a payday loan in Kentucky is legal, it’s essential to understand the terms and conditions that come with these loans. Kentucky state law limits the amount of a payday loan to $500 per borrower. Lenders cannot charge more than $15 for every $100 borrowed, and the loan term can’t be more than 14 days. Check cashers can provide these loans, and the interest rates may vary depending on the lender.

How Do Payday Loans Work?

The process of getting a payday loan is quite simple. You’ll need to provide the lender with some basic information, such as your name, address, and employment details. You’ll also need to give them access to your bank account to receive the loan funds and to make automatic payments on the loan due date.

Once you’re approved for a payday loan, the lender will give you the cash that you ask for. You’ll need to repay the loan amount, plus interest, and fees in full on your next payday. If you’re unable to pay back the loan on time, you may be given the option to renew the loan for an additional fee.

The Pros and Cons of Payday Loans

Payday loans can be a great solution if you need cash quickly and have no other options. On the other hand, they can be expensive, especially if you fail to pay the loan on time.

  • Pros:
  • – Easy and fast application process
  • – No credit check required
  • – You can get cash in your hand quickly
  • Cons:
  • – High-interest rates
  • – Expensive fees
  • – Short repayment terms

Facts and Statistics About Payday Loans

According to the Center for Responsible Lending, payday loans are prevalent in Kentucky. In 2019, Kentuckians took out approximately 837,000 payday loans, with an average loan size of $377.

Additionally, the report states that the typical payday borrower in Kentucky pays $563 in fees for an average loan of $375.

Apply Now

If you’re considering a payday loan as a solution for your financial needs, TheGuaranteedLoans can help. We’re a loan connecting service that links borrowers to potential lenders based on their needs. Fill out an online application and see if you qualify today!

Remember, it’s essential to read and understand all the terms and conditions before signing any loan agreements. Borrow only what you need, and if you’re having trouble repaying the loan on time, contact your lender to discuss your options.

F.A.Q.

Can I be denied a payday loan in Waddy, Kentucky based on my credit score?

No, payday lenders in Waddy, Kentucky are not allowed to deny a loan based on your credit score. However, a low credit score may affect the terms and conditions of the loan.

How do I know if a payday lender is licensed to operate in Waddy, Kentucky?

To check if a payday lender is licensed to operate in Waddy, Kentucky, you can visit the Kentucky Office of Financial Institutions website and search for their name or license number.