Best Loans in Kentucky, Payday, Auto Title Laws of February 2024

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Last Update: November 2, 2022 Loans By State
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Kentucky’s Consumer Loan Companies statute requires licensed lenders to cap installment loans at $15,000. APRs are capped at 3% per month for loans of up to $3,000 or 2% per month for loans over $3,000.

Other allowable charges include:

  • A bad check charge of $25 or the amount levied by the clearing financial institution – whichever is greater.
  • A loan processing fee of 5%, up to a maximum of $150.
  • A default charge of up to 5% of the scheduled payment or $15 – whichever is greater.

Best Bad Credit Loans in Kentucky of February 2024

Amount:

$100 - $15,000

Min. Credit Score:

0

APR:

5.99% - 35.99%

Approval:

5 Minutes

Terms:

1 - 72 Months

Licensed in Kentucky:

Yes

Amount:

$1,000 - $50,000

Min. Credit Score:

300

APR:

5.6% - 35.99%

Approval:

5 Minutes

Terms:

3 - 5 Years

Licensed in Kentucky:

Yes

Amount:

$100 - $40,000

Min. Credit Score:

0

APR:

5.99% - 35.99%

Approval: