Ashland, KY · South · Allowed
Payday loans in Ashland
Ashland is governed by Kentucky's statewide lending law — cities don't set their own loan rules. Storefront payday lending is permitted in Kentucky. State law caps what lenders can charge — the limits below are the legal ceiling, and honest lenders stay under it.
The limits below are the legal ceiling — any offer above them is being made outside the law.
Lending storefronts in Ashland
21,038 residents · Boyd County Median household income is $39,208 — below the Kentucky median of $42,528.
3 storefront locations of 3 companies listed in the public directory snapshot below. Categories are the directory's own — verify a store's license with the state regulator before borrowing.
| Lender | Address | Phone | Hours |
|---|---|---|---|
| Advance America Check Cashing/Pay-day Loans | 726 Greenup Ave, 41101 | (606) 324-6614 | Mon 10:00 AM - 6:00 PM · hours vary |
| Cash Express Title Loans, Installment Loans, Check Cashing/Pay-day Loans | 1317 Winchester Ave, 41101 | (606) 327-1711 | Mon 9:30 AM - 5:30 PM · hours vary |
| OneMain Financial Auto Loan Providers, Installment Loans | 489 River Hill Dr, 41101 | (606) 325-8426 | Mon 9:00 AM - 5:30 PM · hours vary |
Listing data: public business directory, collected 2022-02-20. Stores close and relocate — confirm with the regulator's license lookup on the Kentucky page before visiting. Spot an error? Report it.
The online route in Ashland
A parallel market lends entirely online — application, decision and funding on a website, no storefront. Lenders licensed in Kentucky follow the state schedule anywhere in the state, but bank-partner and tribal loans are structured outside state rate limits, and regulators dispute that model.
From the online lenders directory — terms each lender publishes about itself, checked September 2026. Directory only: we are not affiliated and make no availability promises — verify with the lender and the Kentucky regulator.
The rules behind the numbers
Deferred deposit transactions are short-term loans designed for immediate cash needs and are not intended for long-term credit solutions.
In practice: borrow $300 for a standard term and the finance charge is $46 — $346 repaid at the end, about 400% APR. Every compliant lender in Ashland has to fit inside that schedule.
Statute: KRS 286.9-010 et seq.
Regulator: Kentucky Department of Financial Institutions · kfi.ky.gov
Questions people ask in Ashland
Are payday loans legal in Ashland, KY?
Yes. Storefront payday lending is permitted across Kentucky, and Ashland runs under the same state rules: maximum loan $500, fees capped at $15 per $100 advanced + $1 database fee. A store charging above the cap is operating illegally.
How much would a $300 loan cost me in Ashland?
The same as anywhere in Kentucky: state law sets the schedule. On a typical $300 loan the finance charge is about $46 — $346 repaid at the end of the standard term.
Which lenders have stores in Ashland?
3 storefronts are listed in Ashland in our 2022-02-20 directory snapshot (3 different companies). The full list with addresses, phones and hours is in the table above.
Who regulates lenders in Ashland?
Complaints about a lender go to the Kentucky Department of Financial Institutions (kfi.ky.gov) — keep the loan agreement and every fee disclosure you were given.