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Address: 75 Walmart Plaza Dr STE 8, Monticello, KY 42633
Today's Business Hours: 10:00 AM - 6:00 PM
Phone Number: +1 (606) 340-8619
Address: 1215 N Main St Ste 18, Monticello, KY 42633
Today's Business Hours: 8:30 AM - 5:00 PM
Phone Number: +1 (606) 348-9308
Website: loansbyworld.com/locations/kentucky/monticello/42633/1408
Services:
Business loans Installment loans Line of credit Microloans Payday loans Signature loans Title loans Appliance Repair Auto Repair Average Loan Build Credit Capitol Loans Car Repairs Credit Plan Easy Loans Finance Loans Investor Relations Loan Payment Plan Loan Solutions Local Loans Medical Bills Military Lending Online Payment Overall Financial Pawn Shop Loans Personal Finance Personal Loans Online Small Dollar Loans Tax Advance Loan Tax Returns World FinanceAddress: 75 Walmart Plaza Dr Suite 7 Suite 7, Monticello, KY 42633
Today's Business Hours: 10:00 AM - 6:00 PM
Phone Number: +1 (606) 348-1474
Website: advanceamerica.net/store-locations/kentucky/75-wal-mart-plaza-suite-7-monticello-42633
Services:
Flex loans Installment loans Line of credit Payday loans Signature loans Title loans 14 Days Loan Bank Transfers Bill Payments Consumer Financial Services Consumers Loans Credit Counseling Debt Management Dollar Loans Emergency Loans Existing Loan Financial Solutions Higher Loan Home Improvement Home Loans In-Store Cash Advance Loan Payments Loan Processing Loan Refinancing Loan With No Credit Check Money Loans Money Transfers New Loan Online Lending Online Personal Loan Payment Plans Personal Finances Personal Loans For Bad Credit Prepaid Cards Quick Loan Refinance My Loan Repayment Plan Security Online Account Authentication Fraud Prevention Short-Term Lending Short-Term Loans Single Repayment Loan Small Loans Tax Service Terms Finance Unsecured LoansShort-term loans come in various forms to meet different financial needs. Personal loans are unsecured loans typically offered by banks or online lenders and can be used for a variety of purposes, such as debt consolidation or unexpected expenses, with repayment terms often ranging from a few weeks to a year. Installment loans are a type of short-term loan that is repaid over a set term through regular payments, making them a predictable option for borrowers looking to manage their budget. Title loans involve using a vehicle title as collateral to secure the loan, providing borrowers with quick access to cash, but they carry the risk of losing the vehicle if the loan is not repaid on time.
For individuals seeking a short-term financial solution, personal loans are a viable option. Among the best options for personal loans is a payday loan, which offers quick cash without requiring collateral. These loans typically have higher interest rates and short repayment terms, making them suitable for emergencies or unexpected expenses. The application process is swift, often requiring minimal documentation, and funds can be deposited directly into a borrower's bank account within a day or two.
In Kentucky, the regulations governing short-term loans are designed to protect consumers while providing them with access to quick cash for short-term needs. The state permits a maximum short-term loan amount of $500, with a loan term that can extend up to 60 days, offering flexibility beyond the typical 30-day period found in many other states. Interest rates and fees are regulated, with Kentucky law stipulating a maximum fee of $15 per $100 borrowed, plus a $1 database fee.
This regulation helps in keeping the costs transparent and manageable for borrowers. To be eligible for these loans, applicants generally need to demonstrate proof of income, have a valid bank account, and meet other standard requirements. These regulations in Kentucky are implemented state-wide, ensuring that all short-term loan transactions are conducted under consistent and fair practices, thereby protecting consumers from potentially predatory lending while still providing them with necessary short-term financial solutions.
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For individuals who have taken out a short-term loan, several essential local services where these funds could be applied include medical care, car repair, legal assistance, funeral arrangements, and appliance servicing. Such financial support can help cover unexpected expenses related to healthcare, vehicle maintenance, legal fees, burial services, and household appliance repairs.
A short-term loan is a type of loan designed to be repaid over a short period, typically within a few months. These loans are often used to cover immediate financial needs and are available in smaller amounts compared to traditional loans.
Yes, many lenders offer short-term loans to individuals with bad credit. While a poor credit score may limit your options, some lenders specialize in providing loans to those with less-than-perfect credit histories.
Same-day loans are a type of short-term loan where the borrower can receive the loan amount on the same day they apply. These loans are particularly useful in emergency situations where quick access to funds is necessary.
Short-term loans are short-term, small-dollar loans that are typically due on your next payday. They are intended to cover urgent expenses and are often a popular choice for borrowers needing quick access to cash. However, they usually come with high fees or interest rates.
With short-term loans, you can typically borrow amounts ranging from a few hundred to a few thousand dollars. The exact amount depends on the lender and your financial situation.
Yes, alternatives include credit unions, personal installment loans, and peer-to-peer lending platforms. These may offer more favorable terms and lower interest rates compared to traditional short-term loans.
Before applying, consider the interest rates, repayment terms, and any additional fees. Ensure the loan is affordable and that you have a plan to repay it on time to avoid additional debt or financial strain.
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