St. Charles at a glance
- Population: 280 people, the 350th-largest place among Kentucky's 416 Census places (US Census Bureau, Vintage 2023).
- 2020 Census base: 273 people (US Census Bureau, 2020 Census count).
- 2020 to 2023 change: an increase of about 2.6% since the 2020 count (US Census Bureau).
- Rank among Kentucky places: 350th-largest of 416 (US Census Bureau, Vintage 2023 estimate).
- Size percentile: it exceeds roughly 16% of Kentucky's Census places by population (US Census Bureau).
- Coordinates: it sits at 37.1905, -87.5497 in the US Census Bureau Gazetteer.
- Nearest larger cities: Nortonville, KY (5 mi); Mortons Gap, KY (6 mi); Earlington, KY (6 mi); Dawson Springs, KY (8 mi); White Plains, KY (10 mi) — straight-line distances, US Census Bureau populations.
- Nearest smaller places: Nebo, KY (14 mi); Slaughters, KY (21 mi); Bremen, KY (22 mi) (US Census Bureau estimates).
What a personal loan costs in St. Charles
Personal loans are closed-end installment debt, so the monthly payment and the payoff date are known from the start.
APR is the figure that lets you compare like with like, since it wraps fees into the rate; run your own numbers with the personal loan calculator.
Stretching the term lowers the monthly payment but raises the total interest you pay, so the smallest payment is not automatically the cheapest loan.
If you are consolidating debt, the loan only helps if you stop adding to the balances it clears; otherwise the total debt grows.
Kentucky lending rules that apply in St. Charles
The table lists the Kentucky rules that apply to a loan made in St. Charles, each with the regulator that published it.
| Rule | Detail | Source |
|---|---|---|
| Consumer Loan Company license — statutory basis | License 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 status | Permitted 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 licensing | Consumer 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 regulator | Kentucky 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 St. Charles
Run through this list before signing anything in St. Charles:
- Pull your free credit reports and dispute any error — it is the cheapest way to improve the rate you are offered.
- Run your figures through the personal loan calculator on this site so you know the payment before a lender quotes one.
- Pre-qualify with at least three lenders and compare the APR, not the interest rate.
- Check that the lender is licensed in Kentucky using the regulator named above.
- Read the disclosure for origination fees and any prepayment penalty before you sign.