Kentucky Payday Loans Laws, Kentucky State Payday Loans Legislation, Kentucky Payday Loans Rollovers, Maximum Cash, Debt Limits, Collection Fees

Kentucky Payday Loan Laws

Kentucky Payday Loan Laws

Kentucky Payday loan laws. Kentucky Payday loan legislation. Kentucky Payday loans $15% per $100 on face amount of check.

Kentucky Payday loans Minimum term of 14 days and a maximum term of 60 days. Kentucky Payday loans Maximum cash advance amount allowable is $500. Rollovers are prohibited.

Kentucky State Payday Loan Laws and Legislation Information

Kentucky Payday Loans Legal Status: Legal (Applies to check cashers only)

Kentucky Payday Loans Citation:
Kentucky Rev. Stat. Ann. § 286.9.010 et seq.

Kentucky Payday Loans Terms:
Kentucky Payday Loans Maximum Loan Amount: $500
Kentucky Payday Loans Term: 14-60 days
Kentucky Payday Loans Maximum Finance Rate and Fees: $15 per $100
Kentucky Payday Loans Finance Charge for 14-day $100 loan: $17.65
APR for 14-day $100 loan: 459%

Kentucky Payday Loans Debt Limits:
Kentucky Payday Loans Maximum Number of Outstanding Loans at One Time: Two ($500 aggregate loans outstanding to all licensees)
Kentucky Payday Loans Rollovers Permitted: None (cannot renew, rollover, or consolidate)
Kentucky Payday Loans Cooling-off Period: None
Kentucky Payday Loans Repayment Plan:

Kentucky Payday Loans Collection Limits:
Kentucky Payday Loans Collection Fees: One NSF fee (if disclosed)
Kentucky Payday Loans Criminal Action: Prohibited

Kentucky Payday Loans Regulator: Kentucky Office of Financial Institutions
Kentucky Payday Loans Address: 1025 Capital Center Drive, Suite 200 Frankfort KY 40601
Kentucky Payday Loans Phone Number: (800) 223-2579
Kentucky Payday Loans Fax: (502) 573-8787
Kentucky Payday Loans Regulatory Contact: Gary Davis,, Branch Manager

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