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Find Direct Payday Loans in Kentucky


  • Nearest Licensed Lending Option
  • Best and Affordable Rates
  • All Credit are Approved
  • Simple & Safe Application Process


Payday loans are meant to provide some short-term relief when you are financially overstretched. Typically, it helps you get to the next payday without suffering a financial meltdown posed by emergency expenses. In Kentucky, it’s easy to get some instant funding from the many lenders available.

Options for Personal loans in Kentucky

If you are a resident of Kentucky, you can relax when faced with financial hardships because the personal loans for bad credit in KY available can get you through most hardships. With few requirements and a convenient application process, the money is only a few steps away.

How it works

There are several online direct lenders operating in this state and it is easy to locate a lender in the streets. But if you prefer making transactions in the comfort of your home, you can apply from one of the online platforms. If you feel overwhelmed by the high number of lenders available, you can use our lender matching service to get an option that suits you. At Nation 21 our aim is to help you have an easy time when seeking a quick loan.

The application process should take a few minutes and the loan status is communicated promptly. If you meet the easy requirements, the funds can be deposited in your account on the next business day. However, you can have the money on the same day depending on the options you choose. Most lenders will not impose restrictions on how to spend the money but it’s upon you to spend wisely.

Lending laws in KY

Kentucky is among the states with laws that allow short-term loans. Here, a resident can borrow up to $500 with a payday loan. The law restricts any lender from giving out more than two loans at the same time to a particular borrower. However, if you take more than one loan the total amount for all the loans should not exceed $500.

The minimum loan term is 14 days and you have up to 60 days for making the repayments and no extensions are allowed. The legal finance charge for a $100 loan with a 14-day term is $17.65 and the maximum APR for the same loan is 459%. If the loan goes to the collection stage, the lender can apply insufficient charges once but on condition that it has been disclosed in the agreement.

The average credit score

The average Experian credit score in Kentucky is 680 and it is ranked 34th in the country. But the average score among home buyers in the state was reported to be 708.

Population and demographics in Kentucky

Kentucky has an estimated population of 4.4 million and it is considered the 26th most populous state in the country. The state is inhabited by several racial groups and whites account for 88.1% of the population. African-Americans make up 8.3% of the population while Asians and Natives are only 1.7% of the total residents.

Almost half of the population is not affiliated with any religious group but Evangelical Protestant, as well as Protestant Christian denominations, have huge followings.

The economic indicators in Kentucky

The gross state product is reported to be $163.3 billion. Kentucky is well endowed with agricultural fields and from historical times, its economy is driven by the agricultural sector among others. The production of beef, goat, corn, and tobacco is significant and it is among the top ten producers in the country.

Other outstanding industries include the automobile sector, energy sector, and the medical facilities. there are several brands of vehicles assembled here and the state is ranked the 4th countrywide in the assembly of vehicles and trucks.

Kentucky is a chief producer of Bourbon whiskey and it is the sole producer of 95% of the worlds’ supply. In fact, the number of barrels under the aging process is more than residents in the state. The total annual exports for Kentucky have exceeded the $20 billion mark with products going to almost 200 countries.

Although the unemployment rate is 5%, the state is the most affordable place to live in the US.