Payday loans in Kentucky: what the law allows

Yes. Kentucky allows payday loans, with a fee limit of $15 per $100 of check face amount. We haven't confirmed Kentucky's car title loan rules yet.

Kentucky

Payday loans

Allowed

Car title loans

Not confirmed yet

Fee limit: $15 per $100 of check face amount
Shortest term: 14 days

“A licensee shall not charge a service fee in excess of fifteen dollars ($15) per one hundred dollars ($100) on the face amount of a deferred deposit check. A licensee shall prorate any fee, based upon the maximum fee of fifteen dollars ($15) per one hundred dollars ($100). This service fee shall be for a period of at least fourteen (14) days.”

Source: apps.legislature.ky.gov

Kentucky Department of Financial Institutions Look up a lender's license

Checked 2026-09-15. Laws change; confirm with the regulator before you borrow.

Before you borrow

A payment plan, a paycheck advance or a credit union payday alternative loan usually costs less than a payday or title loan.

Compare every option by cost

Already behind on a payday loan?

See every way out of the debt you have, including options nobody sells.

Start a Debt Check