Installment Loans in Weeksbury, Kentucky

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No installment loan companies in Weeksbury, KY. Consider companies in other cities:

Company nameAddressZip codePhone number
Mariner Finance 102 Corporate Dr, Lebanon, KY 40033 +1 (270) 692 - 0126
Bluegrass Check Advance and Payday Loans 121 Copper Creek Dr, Powderly, KY 42367 +1 (270) 377 - 3646
Cash Express 1835 N, US-27, Whitley City, KY 42653 +1 (606) 376 - 5959
Fast Payday Loans 2605 Cr-1092B5, Owensboro, KY 42303 +1 (270) 685 - 6705
World Finance 940 Jamestown St, Columbia, KY 42728 +1 (270) 384 - 2155
Best Financial Services Inc 83 Steve Dr, Russell Springs, KY 42642 +1 (270) 866 - 2996
Salyersville National Bank 342 Parkway Dr, Salyersville, KY 41465 +1 (606) 349 - 3131
Cash Tyme 11340 Preston Hwy, Louisville, KY 40229 +1 (502) 966 - 6111
HLT Check Exchange 103 Weddington Branch Rd, Pikeville, KY 41501 +1 (606) 432 - 1514
Purpose Financial 969 S Main St, Nicholasville, KY 40356 +1 (859) 885 - 7866

Installment Loan Companies in Nearby Cities

If there are no installment loan companies in Weeksbury, KY, you can try to find different companies in big cities nearby. Check out the following pages here: Installment Loans in Florence, KY, Installment Loans in Georgetown, KY, Installment Loans in Hopkinsville, KY, Installment Loans in Louisville, KY, Installment Loans in Owensboro, KY and Installment 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 Weeksbury, KY.

Understanding Installment Loans in Weeksbury, Kentucky

If you are seeking a loan in Kentucky, an installment loan may be a good option for you. Installment loans have been legal and popular in the state of Kentucky for many years, and they are particularly advantageous for people who need to borrow larger amounts of money and pay it back over an extended period of time. In this article, we will provide a comprehensive guide to installment loans in Weeksbury, Kentucky.

What Are Installment Loans?

Installment loans are a type of loan where a borrower takes out a fixed amount of money and repays it over a set period of time. Unlike payday loans which need to be paid back in a single lump sum, installment loans allow borrowers to repay the loan in smaller, more manageable pieces. The interest rate and fees on an installment loan are often lower than payday loans.

How Do They Work in Kentucky?

Installment loans have been legal in Kentucky since 2010, under Kentucky Revised Statutes Chapter 286.9-010 et seq. Kentucky law sets a maximum loan term of 12 months, and lenders must be licensed and follow certain regulations including charging no more than 36% annual interest.

The application process for an installment loan is relatively simple. A borrower will fill out an application form and provide personal information such as their name, address, and social security number. They will also need to provide information about their income and employment history. Once approved, the lender will provide the borrower with the loan amount and a repayment schedule.

What Are the Benefits?

There are several benefits to taking out an installment loan:

  • Lower Interest Rates – installment loans typically have lower interest rates than payday loans, making them a more affordable option.
  • Flexible Repayment Terms – borrowers can choose a repayment schedule that works for them and usually have up to 12 months to repay the loan.
  • Borrow More Money – installment loans allow borrowers to borrow larger amounts of money than payday loans.
  • Better Credit – repaying an installment loan on time can help to improve a borrower’s credit score.

Interesting Facts about Installment Loans in Weeksbury, Kentucky

  • According to the Kentucky Department of Financial Institutions, installment loans accounted for 23.5% of total loans made in Kentucky in 2020.
  • The average installment loan in Kentucky was for $2,658 with an average interest rate of 76.9%.
  • Kentucky law requires that lenders provide loan disclosures that include the total cost of the loan, the annual percentage rate (APR), and the due dates for payments.

Apply Now

If you are interested in taking out an installment loan in Weeksbury, Kentucky, TheGuaranteedLoans can help connect you with potential lenders. Our online application process is quick and easy, and we work with a network of trusted lenders who are experienced in providing installment loans to borrowers in Kentucky. Remember that TheGuaranteedLoans is a connector service, not a direct lender, but we will assist you in finding a lender that fits your needs.

Apply now to get started and take advantage of the benefits of an installment loan.

Useful Articles

Weeksbury, KY installment loan calculator

Advise to read before applying

F.A.Q. About Installment Loans

Can I get No Credit Check Loan in Weeksbury, KY?

Yes, you can get a no credit check loan in Weeksbury, KY when you apply online.

How to Get a Bad Credit Loans in Weeksbury, KY?

To apply for a bad credit loan in Weeksbury, KY, you need to find a direct loan lender online.

Look for Installment Loans in Other Cities:

Bowling Green Covington Florence Georgetown Hopkinsville Lexington Louisville Owensboro Paducah Richmond
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