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Some states even limit the ability of borrowers to have multiple outstanding payday loans in an attempt to keep consumers from borrowing large amounts at. A payday loan (also called a cash-advance loan, a check-advance loan, a post-dated check loan, or a deferred deposit loan) is a short-term, high-interest. Payday loan amounts vary from borrower to borrower but are usually less than $ The fees on payday loans range from $10 to $30 for every $ borrowed.

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Payday loans are small loans subject to state regulation. Traditionally states have capped small loan rates at 24 to 48 percent annual interest and required. Kentucky state laws regulate the maximum Payday Loan amounts. In Kentucky, Payday Loans range from $50 to $ and are available in stores. The Payday Loan. Installment Advance Amount. The minimum installment loan offered is $, the maximum loan offered is $1, Installment Terms. The minimum loan term for.

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Payday Loans · Flat fee based on the amount borrowed · Pay in full upon receiving your next pay check · Typical loan amount from $50 - $ A payday loan is a short-term loan, generally $ or less, that is normally due on the borrower's next payday.[1] Most payday loans, regardless of the lender. tomer's next payday or until receipt of a government check. The payday loan is for an amount of cash that is less than the amount written on the.