Kentucky Cash Advance and Payday Loans

What are the minimum requirements to apply for a payday loan?

  • 18 years of age or older
  • U.S. Citizenship Valid checking or savings account with direct deposit
  • Regular income of at least $1,000 per month
  • Not a regular or reserve member of the Army, Navy, Marine Corps, Air Force, or Coast Guard (or a dependent thereof), serving on active duty under a call or order that does not specify a period of 30 days or fewer

Are you looking for an online payday loan in Kentucky? Submit the easy form and if approved we can connect to dozens of lenders that may be able to lend you up to $1,000!

 

 

The basics of how payday loans work.

If you have found yourself in a financially tough spot, it can be overwhelming trying to figure out how you are going to manage your way through it. Luckily, payday loans serve as a wonderful guide to help navigate individuals through an economic crisis. They can prove to be especially helpful to those with bankruptcy on their credit score or to those with bad credit or none at all. Payday loan lenders do not require a credit check in order to dictate approval. Rather, the borrower’s pay check serves as collateral to ensure the payday loan will be repaid upon the upcoming pay date; thus the name ‘payday loan.’

The information below provides a quick overview of commonly asked questions people often have regarding payday loans.

What is a payday loan?
A payday loan is a loan offered on a short-term basis, typically set to be repaid upon the borrower’s next pay date.

How long does it take to get a payday loan in Kentucky?
Payday loans are designed to be quick in all aspects. In most cases, the application takes only a matter of minutes to complete. The approval process and transfer of your loan is done in just a few short hours; most people are able to access their payday loan by the following business day.

How much money can I borrow?
The amount of money you may borrow is dependent on a number of factors. In any case, it is advised that you figure how much you need beforehand to avoid taking out more than you need. This will save you from having to pay interest on money that you don’t need to borrow.

When does my payday loan need to be repaid?
Payday loans are usually set to be repaid upon the borrower receiving their next paycheck, thus the name ‘payday loan.’ However, if more time is needed to gather the money to repay the loan, lenders do allow an extension or rollover of the payday loan. The laws regarding rollovers vary by state so make sure to check your local laws beforehand.

I have been rejected by other lenders in Kentucky, why will I be approved for a payday loan?
Many people who apply for credit cards or large loans from banks or other lending institutions find it harder to be approved for a loan. In most instances, their credit score plays a major influence when factoring in a customer’s credit worthiness. However, payday loans do not require a credit check so many people who have struggles securing a loan elsewhere often find approval with payday loans. Due to the short turnaround of payday loans, the borrower’s paycheck serves as collateral on the loan so no credit check needs to be performed.

We cover following cities in Kentucky:

Albany
Alexandria
Ashland
Auburn
Audubon Park
Augusta
Barbourmeade
Barbourville
Bardstown
Beattyville
Beechwood Village
Bellevue
Benton
Berea
Bowling Green
Brandenburg
Breckinridge Center
Brodhead
Brooks
Buckner
Burkesville
Burlington
Cadiz
Calvert City
Camargo
Campbellsville
Carlisle
Carrollton
Catlettsburg
Cave City
Central City
Claryville
Clay City
Clinton
Cloverport
Coal Run Village
Cold Spring
Coldstream
Columbia
Corbin
Covington
Crescent Springs
Crestview Hills
Crestwood
Crittenden
Cumberland
Cynthiana
Danville
Dawson Springs
Dayton
Doe Valley
Douglass Hills
Dry Ridge
Dry Ridge
Earlington
Eddyville
Edgewood
Edmonton
Elizabethtown
Elk Creek
Elsmere
Eminence
Erlanger
Farley
Flatwoods
Flemingsburg
Florence
Fort Thomas
Francisville
Frankfort
Franklin
Fulton
Georgetown
Glasgow
Grayson
Greenup
Greenville
Guthrie
Hardinsburg
Harlan
Harrodsburg
Hartford
Hawesville
Hazard
Hebron
Hebron Estates
Henderson
Hendron
Heritage Creek
Hickman
Highland Heights
Hillview
Hodgenville
Hopkinsville
Horse Cave
Hurstbourne
Hurstbourne Acres
Independence
Indian Hills
Irvine
Jackson
Jeffersontown
Jenkins
Junction City
La Center
La Grange
Lakeside Park
Lancaster
Lawrenceburg
Lebanon
Lebanon Junction
Ledbetter
Leitchfield
Lewisport
Lexington
Livermore
London
Louisa
Louisville
Ludlow
Lyndon
Madisonville
Manchester
Marion
Masonville
Massac
Mayfield
Maysville
Middlesborough
Middletown
Midway
Monticello
Morehead
Morganfield
Morgantown
Mount Sterling
Mount Vernon
Munfordville
Murray
Newport
Nicholasville
North Corbin
Northfield
Nortonville
Oakbrook
Oak Grove
Olive Hill
Orchard Grass Hills
Owensboro
Owenton
Owingsville
Paducah
Paintsville
Paris
Park Hills
Pewee Valley
Phelps
Pikeville
Pine Knot
Pioneer Village
Prestonsburg
Princeton
Prospect
Providence
Raceland
Radcliff
Reidland
Richmond
Rineyville
Russell
Russell Springs
Russellville
Ryland Heights
Salyersville
Scottsville
Sebree
Shelbyville
Shepherdsville
Shively
Silver Grove
Simpsonville
Somerset
Southgate
South Shore
Springfield
Stanford
Stanton
Stearns
St. Matthews
St. Regis Park
Sturgis
Taylor Mill
Tompkinsville
Union
Vanceburg
Versailles
Villa Hills
Vine Grove
Walton
Warsaw
Watterson Park
West Buechel
West Liberty
Westwood
Whitesburg
Wilder
Williamsburg
Williamstown
Wilmore
Winchester
Windy Hills
Wurtland