AdvanceSOS Provides Best Online Payday Loans in Kentucky (KY) and Louisville, Get Approved in 2 Minutes, Receive Funds Today

Rollovers are not allowed in Kentucky, so all loans must be repaid in time. Rollovers, or renewals, are an option to delay the loan payment by paying a fee without reducing the amount owed. However, such an option is strictly prohibited in the state, as loans are allowed to be given for no more than two months without delay.

AdvanceSOS doesn’t charge any money to our customers the service is totally free. We can find the best loan offers in Kentucky, Indiana, and Alabama. The system works as an intermediary between borrowers and the best potential lenders for them, and it is 100% free in order for every customer to get the best deal. You will only have to pay the interest rates accorded in the loan agreement.

There are five main criteria you need to satisfy in order to be eligible for a guaranteed payday loan in KY:
1. Be 18 years old or older
2. Hold U.S. citizenship or be legal resident
3. Receive an average monthly income of at least $1,500 after-tax
4. Hold a valid checking account in your own name
5. Have an active phone number and email address

Given that payday loans are short-term loans and as the name suggests repayment must be done as soon as you receive the next paycheck. That is, loans should be paid back in about two to four weeks.
If you repay the loan earlier than agreed, you can save up money on interest; however, you could incur in penalties, precisely because the lender would lose money. Another possibility is to opt for long-term loans (e.g., installment loans), which are paid in monthly payments for a few months up to a few years.

Funds will be available the following day after you and the lender sign the digital agreement. The process is extremely quick, as the application will take you just a few minutes, and the approval a couple of hours. After that, simply sign an official agreement with your lender, and  you will receive the money the next business day.

Submitting a loan request form won’t affect your credit score at all. If you do it through AdvanceSOS, applying for a payday loan won’t leave any traces on your credit history. Therefore, you can rest assured your future loan approvals won’t be affected by loan applications submitted through our service.

1. Make sure you comply with the basic criteria for eligibility listed above.
2. Access advancesos.com and click “Get Started”.
3. Fill out the quick loan request form. Among the details and information you need to enter, specify the amount of money you need to borrow and the anticipated repayment date.
4. Once you submit the form, wait a few hours for the approval.
5. After receiving the loan approval, carefully read all the terms and conditions and sign the contract between you and the lender.
6. You will receive your money within the next business day.

1. Cash arrives quickly. Direct lenders in Ky won’t make you wait for the money for days, like traditional lenders would.
2. You are free to spend the amount borrowed on anything. There are no restraints in how you use the cash, as long as you comply with the repayment plan.
3. No credit check poor credit is accepted. Lenders won’t run hard credit checks on you, meaning that your credit score won’t be affected.
4. It is easy to obtain a payday loan with AdvanceSOS. Within a day you could receive your cash.

Kentucky residents can have a maximum of two loans simultaneously. In total, which refers to one or two loans, the maximum amount you are allowed to borrow in the state is $500.
As a general advice, we suggest you don’t take a new loan before repaying the first one. A direct lender could be a bit skeptical of your ability to repay both simultaneous loans, possibly affecting your approval odds.

Poor credit score doesn’t matter because payday loans are short-term and don’t require a hard credit check, only a soft check. This means that the lender won’t go through your credit history, making payday loans are perfect for those who have a bad credit history.

When applying for cash advances through fast payday loans, direct lenders only run soft credit checks you don’t need to worry about hard credit inquiries with AdvanceSOS. They will not review your credit history or judge your credit score, and will only take simple measures to ensure you qualify, such as checking your employment, banking, personal, and contact details. 

Usually, payday loans are cash advance online with same-day deposit, so you get the money very quickly, with no complex checks with credit bureaus that affect your credit score. They are also unsecured, small-dollar cash payday loans, meaning they don’t require a collateral.

1. Apply early. AdvanceSOS’ offices process loan applications on weekdays until 6 PM CST, and on weekends until 2 PM. The best you can do is to apply during the week before lunchtime because most banks are unavailable for wire transfers on weekends.
2. Submit a perfect application. This doesn’t mean having a perfect credit score, but simply submitting an error-free and accurate form.
3. Follow all the requirements.
4. Have open communication with your payday lenders.

To obtain payday loans online, these are the documents you must submit:
– Social Security Number
– Government-issued ID
– Proof of steady income and employment
– Active bank account details

You should apply for fast payday loans when you are in need of emergency cash. For example, you can use a payday loan for rent, utility bills, medical bills, car repairs, monthly car lease, home renovations, and so on. As you can see, there are endless reasons for taking out a quick, short-term payday loan.

Here are some terms related to cash advance types and payday loan alternatives to orient you better in the financial field:
– Cash loans are all types of loans in which the loan service provider lends money to a borrower. The loan amount depends on the state and of the type of contract.
– Personal loans are those for which the borrower repays the lender according to a monthly plan. It is the opposite of payday loans, which have to be repaid within the next paycheck.
– Online loans are all those for which a borrower has to apply through an online form.
– When it comes to title loans, you commit some asset of yours, such as a car or your house.
– If you fail to repay the loan in time, the collateral you committed can be taken away from you by the lender.
– If the amount of cash requested is small, such as $500, then you are applying for small dollar loans.