Kentucky

In the past, you might have needed to travel to major cities like Louisville or Cincinnati to take out a payday loan in Kentucky. But nowadays, the process can be completed online, so you can make a loan request without having to leave your home!

Find Me A Loan Today can help you find a payday loan of up to $5000 in Kentucky.

Payday Loans in Kentucky - How Can Find Me A Loan Today Help?

When the unexpected happens, and we need cash fast to cover an emergency expense, it might not be an option to wait until your next payday. This is the reason payday loans were created - to help get you through until you get your next paycheck.

If you’re looking for a Kentucky payday loan, Find Me A Loan Today may be able to help! We work with payday lenders across the state, so will do all we can to put you in touch with a suitable direct lender.

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Save Time

Searching for a suitable payday lender can be time consuming and stressful. Your short-term credit could be a click away.

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A Suitable Loan

We only work with reputable lenders, so we know they are lending responsibly. We’ll search our panel of lenders to find a suitable loan for you.

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Responsible

Although we don’t lend money directly, we’re still here to help you get a loan even if you don't have a perfect credit history.

Where Can I Request a Loan From?

Find Me A Loan Today works with lenders across Kentucky, so you can make a loan enquiry from just about anywhere in the state, including:

  • Louisville
  • Lexington
  • Bowling Green
  • Owensboro
  • Covington
  • Richmond
  • Georgetown
  • Florence

What are Payday Loans?

A payday loan is a type of unsecured credit, which allows you to borrow a small amount of money until your next payday. As the loan is repaid as a lump sum, you may not be able to borrow too much, as this would probably be difficult to pay back at once. For people looking to take out a larger loan, installment loans allow you to spread the cost of borrowing over several months or years.

As an unsecured loan, with payday loans you don’t need any collateral to borrow. Mortgages, for example, are secured loans, and your home acts as collateral against the loan. This means that if you’re unable to keep up with the repayments, you are at risk of losing your assets - in this case, your home.

Generally, unsecured loans have higher interest rates than secured loans, as there is more risk for the lender. However, with a payday loan, as you’re only borrowing the money for a short space of time, you probably won’t pay back too much interest overall. You only pay interest whilst the loan is open, so shouldn’t accrue more than a few week’s worth of interest in total when it comes to payday loans.

Reasons to Get a Payday Loan in Kentucky

Payday loans can be helpful when you have an emergency expense that simply can’t wait. You might have an unexpected vet bill, for instance, or need to purchase a replacement home appliance. These are not the sort of things you can plan for, so you won’t have time to save up the money!

Payday loans have been designed to be straightforward and simple, from the loan request process to the actual funding. Short term lenders understand that in an emergency situation, you’ll often need the money as quickly as possible, so aim to pay out most loans by the next business day.

Before taking out a payday loan, it is important to consider whether you’re borrowing for the right reasons. Payday loans are only intended for short term use, and should not be used for unnecessary spending. If you were to fall behind with the repayments, you could accrue additional interest and affect your credit score.

Payday Loan Eligibility Criteria

When it comes to payday loan eligibility in Kentucky, the requirements may vary slightly from lender to lender, but most short term loan providers will ask that you at least meet the basic criteria below:

  • Be a US resident with a US bank account
  • Have a regular income
  • Be aged 18 or above

Even if you’ve previously been turned down for credit, you may still qualify for a payday loan. Find Me A Loan Today work with lenders across Kentucky, and will do our best to connect you with a suitable loan provider.

It should be noted however, that if you have recently been made bankrupt or applied for insolvency, you might find it more difficult to take out further credit. You may need to approach a specialist bad credit lender.

Do I Need a High Credit Score?

Even if you have bad credit, this does not mean you won’t be able to take out a payday loan in Kentucky. Many of our lenders consider all credit histories, and will look at things like your employment history as well as your credit history.

In a lot of cases, a poor credit score is due to things that happened ages ago, or were outside of your control. As most information stays on your credit report for around six years, any late or missed payments from years ago could be affecting you now. And few lenders will give you the opportunity to discuss the reasons for these negative marks on your credit file. For instance they may be due to a challenging life event, such as losing your job - falling behind on your payments in such circumstances is common, but unfortunately may lower your credit score.

Find Me A Loan Today work with a number of lenders that put just as much weight on your affordability as your credit rating. They believe that your financial history shouldn’t stop you from taking out credit, and you may be considered for a Kentucky payday loan if you can comfortably afford the loan repayments.

How Can I Get a Payday Loan in Kentucky?

If you were looking for a payday loan twenty years ago, you may have been searching for ‘payday lenders near me’. But nowadays, lenders tend to operate online. Find Me A Loan Today are completely online based, and we have designed our systems to work from any device. So you don’t even have to leave the comfort of your own home to make a loan enquiry!

Our loan request form is simple and straightforward, and shouldn’t take more than a few minutes to complete. We’ll ask you for some personal information, a few details about your monthly income and expenditure, as well as you checking account information. We’ll then do our best to put you in touch with a Kentucky payday lender.

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