Payday Loans in West Point, 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 West Point, KY. Consider companies in other cities:

Company nameAddressZip codePhone number
Area Bank 1390 Master St, Corbin, KY 40701 +1 (606) 523 - 0416
Cash Express 104B Southside Mall Rd, South Williamson, KY 41503 +1 (606) 237 - 0089
Appalachian Financial Services Inc 1403 E Cumberland Ave, Middlesboro, KY 40965 +1 (606) 248 - 6303
First Financial Credit 1 First Financial Plz D, Whitley City, KY 42653 +1 (606) 376 - 9600
LightPoint Mortgage Company, Inc. 161 St Matthews Ave STE 10, Louisville, KY 40207 +1 (502) 565 - 2511
First Financial Credit Inc 205 18th St #3, Middlesboro, KY 40965 +1 (606) 248 - 5050
Cash Advance Centers of KY 206 E Madison St, Louisa, KY 41230 +1 (606) 638 - 4001
Check Advance 601 D. N. Carol Malone Blvd., Grayson, KY 41143 +1 (606) 474 - 9119
Magnolia Bank Inc 106 Lincoln Dr, Hodgenville, KY 42748 +1 (270) 358 - 3183
First Financial Credit 101 Citation Dr D, Danville, KY 40422 +1 (859) 236 - 0076

Payday Loan Companies in Nearby Cities

If there are no payday loan companies in West Point, KY, you can try to find different companies in big cities near by. Check out the following pages here: Payday Loans in Florence, KY, Payday Loans in Georgetown, KY, Payday Loans in Hopkinsville, KY, 24-Hour Loan 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 West Point, KY.

Beautiful sights of West Point, KY

Payday Loans Available in West Point, KY By The Following ZIP Codes:

40179, 40177

Are Payday Loans Legal In West Point, 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

West Point, KY payday loan calculator

Payday Loans in West Point, Kentucky: An Overview

Payday loans are a type of short-term, high-cost loan that have become increasingly popular in recent years. These loans are typically used by people who need quick access to cash to cover unexpected expenses or emergencies. In the state of Kentucky, payday lending is legal, but only for check cashers. This means that if you need a payday loan in West Point, Kentucky, you will need to find a check cashing place that offers this type of loan.

The Basics of Payday Loans

If you are considering a payday loan, it is important to understand how they work and what to expect. Typically, payday loans are small loans that are due on your next payday. The amount you can borrow is usually limited to a percentage of your income, and the loan must be repaid in full, along with fees and interest, by the due date.

When you apply for a payday loan, you will need to provide proof of income and identification. The lender will also require access to your bank account or a post-dated check for the loan amount plus fees and interest.

The Pros and Cons of Payday Loans

While payday loans can provide quick access to cash, they also come with some significant drawbacks. The biggest downside is the high cost of these loans. The fees and interest rates on payday loans can be extremely high, sometimes reaching 400% or more. This means that if you borrow $500, you could end up owing $600 or more by the time the loan is due.

Another potential downside of payday loans is the risk of getting caught in a cycle of debt. Because these loans are due on your next payday, many people find themselves unable to repay the loan on time. They may then roll over the loan for another period, which incurs additional fees and interest. This can quickly become a vicious cycle that is difficult to break.

However, there are some situations where a payday loan may be a good option. If you are facing a true emergency and have no other options for borrowing money, a payday loan can provide the quick cash you need. Just be sure to borrow only what you can afford to repay, and pay the loan back as soon as possible to minimize the fees and interest.

Interesting Facts about Payday Loans in West Point, Kentucky

  • Approximately 20% of Kentucky residents live in poverty, making it more likely that they will need to turn to high-cost borrowing options like payday loans.
  • In 2019, the Kentucky legislature passed a bill that would cap interest rates on payday loans at 36%. However, the bill did not become law, as it was vetoed by the governor.
  • In 2020, Kentucky payday lenders reported providing over $500 million in loans to Kentucky residents.

Apply Now

If you are considering a payday loan in West Point, Kentucky, TheGuaranteedLoans can help you find a lender who meets your needs. Remember, TheGuaranteedLoans is not a direct lender, but a connector service that can help you find lenders who may be able to offer you a loan. Fill out our online application today to get started.

F.A.Q.

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

To be eligible for a payday loan in West Point, 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 West Point, Kentucky?

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