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Personal loans in Buckhorn, KY

For a borrower in Buckhorn, a personal loan is a sum repaid in equal monthly installments, priced mainly from your credit profile, income and debt load. The Census puts Buckhorn at about 83 residents, the 408th-largest of 416 places in Kentucky. Kentucky's rate ceilings and lender-licensing requirements appear below, each with the publisher and date behind it.

By the Personalloaned Editorial Team · Last updated 2026-09-16

Compare rates Run the numbers first

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Buckhorn at a glance

  • Population: 83 — 408th in Kentucky, which has 416 Census places (US Census Bureau, Vintage 2023).
  • 2020 Census base: 87 residents at the 2020 Census (US Census Bureau, 2020 count).
  • 2020 to 2023 change: about 4.6% lower than the 2020 Census base (US Census Bureau).
  • Rank among Kentucky places: 408th by size among 416 communities (US Census Bureau).
  • Size percentile: it exceeds roughly 2% of Kentucky's Census places by population (US Census Bureau).
  • Coordinates: mapped at 37.3466, -83.4698 by the US Census Bureau Gazetteer.
  • Nearest larger cities: Hyden, KY (14 mi); Booneville, KY (15 mi); Jackson, KY (16 mi); Hazard, KY (16 mi); Beattyville, KY (21 mi) — straight-line distances, US Census Bureau populations.
  • Nearest smaller towns: Duffield, VA (57 mi); Blaine, KY (58 mi); Clinchport, VA (61 mi) (US Census Bureau).

What a personal loan costs in Buckhorn

With an installment loan the payment is fixed for the life of the loan, so the schedule is predictable from the first month to the last.

Judge an offer by its APR, which blends the interest rate with fees, and use the personal loan calculator to see the total cost.

Stretching the term lowers the monthly payment but raises the total interest you pay, so the smallest payment is not automatically the cheapest loan.

Work out the payment you can comfortably carry each month first, then borrow no more than that figure supports.

Kentucky lending rules that apply in Buckhorn

The table carries the Kentucky rate and licensing rules that apply to consumer loans made in Buckhorn.

RuleDetailSource
Consumer Loan Company license — statutory basisLicense required from the commissioner to make loans at a greater rate of interest than otherwise permitted by law
Source says: "No person shall, without first obtaining a license from the commissioner, engage in the business of making loans ... at a greater rate of interest".		Kentucky Legislative Research Commission (Kentucky Revised Statutes)
as of 2026-09-16
Maximum legal interest rate (usury cap)Up to 19% per annum, or 4% over the 90-day commercial-paper discount rate, whichever is less (by written agreement)
Source says: "At a per annum rate not to exceed four percent (4%) in excess of the discount rate on ninety (90) day commercial paper ... or nineteen percent (19%), whichever is less".		Kentucky Legislative Research Commission (Kentucky Revised Statutes)
as of 2026-09-16
Payday lending statusPermitted under license (deferred deposit service business; payday loans)
Source says: "The Kentucky Department of Financial Institutions (DFI) has secured the services of Veritec Solutions, LLC to provide a common database with real-time access for deferred deposit transactions".		Kentucky Department of Financial Institutions
as of 2026-09-16
Small-loan / installment lender licensingConsumer Loan Company license required (KRS Chapter 286.4)
Source says: "How to License a Consumer Loan Company: 1. Read KRS 286.4 and the applicable administrative regulations under KAR 808, Chapter 6".		Kentucky Department of Financial Institutions
as of 2026-09-16
State lending regulatorKentucky Department of Financial Institutions (DFI)
Source says: "The Department of Financial Institutions' mission is to serve Kentucky residents by promoting access to a stable financial industry, implementing effective and efficient regulatory oversight".		Kentucky Department of Financial Institutions
as of 2026-09-16

How to compare offers in Buckhorn

Run through this list before signing anything in Buckhorn:

  1. Pull your free credit reports and dispute any error — it is the cheapest way to improve the rate you are offered.
  2. Run your figures through the personal loan calculator on this site so you know the payment before a lender quotes one.
  3. Pre-qualify with at least three lenders and compare the APR, not the interest rate.
  4. Check that the lender is licensed in Kentucky using the regulator named above.
  5. Read the disclosure for origination fees and any prepayment penalty before you sign.

Common questions

Frequently asked questions

Can I get a personal loan with bad credit in Buckhorn?
Yes, but expect a higher APR and possibly a smaller amount. Lenders that serve borrowers with lower scores are licensed statewide, so your options in Buckhorn are the same as elsewhere in Kentucky.
How much can I borrow with a personal loan in Buckhorn?
Loan amounts are set by each lender and depend on your income, credit and existing debts, so we do not quote a range we cannot source. The Consumer Financial Protection Bureau explains how lenders assess an application, and our personal loan calculator will model the payment for any amount before you apply.
Does a personal loan in Buckhorn require collateral?
Unsecured personal loans do not require collateral. A secured loan, such as a home-equity or auto-secured loan, does — and it puts the pledged asset at risk if you default.
Will shopping for a loan in Buckhorn hurt my credit?
Pre-qualification usually uses a soft credit pull that does not affect your score. A full application triggers a hard inquiry, which may lower your score by a few points temporarily.

Nearby places

Where these figures come from

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