Petition Closed
Petitioning Kentucky State House and 2 others

KENTUCKY: Support cap on payday loans @ 36% APR!

Payday loans cost Kentucky  - and Network families -  too much.  The Kentucky Coalition for Responsible Lending supports a cap on payday loan interest rates at 36 percent APR—just like Congress has enacted to protect military families.  

Governor Steve Beshear supports the rate cap.  Rep. Jim Glenn of Owensboro will soon introduce a bill to cap pay day loan interest at 36%.  The Making Connections Network is a member of the Kentucky Coalition for Repsonsible Lending - and we support the rate cap.

Rep. Glenn is a great sponsor.  But he can’t do it by himself.  He’ll need plenty of support.  You can help.  Please call your state Representative today.  Ask him or her to:

Support the 36 percent APR payday loan rate cap Join Rep. Glenn as a co-sponsor of the bill!

Call the toll free Legislative Message Line.  1-800-372-7181.  TTY 1-800-896-0305.  En Español 1-877-287-3134.  Or call 502-564-8100 and ask for your Representative.  Legislative staff will take a message. 

Find your state Representative online at or  Let the Coalition know if you get a response!  Just email  


Some Background

The Kentucky Coalition for Responsible Lending now includes over 60 Kentucky organizations.  For links to facts sheets and personal stories go to  Some of the highlights:

Over 40 percent of borrowers believe payday loan interest rates are less than 30% APR, when in fact rates in Kentucky are at least 391% APR—and often exceed 400%. Payday loans are not a “once in a while” solution. 

Nationwide, borrowers take out an average if nine or more payday loans in a year—a “cycle of debt.”There are alternatives:  traditional small loans—at 36% or less—from con­sumer finance companies increased by nearly 40 percent after a rate cap was enacted in North Carolina.

Letter to
Kentucky State House
Kentucky State Senate
Kentucky Governor
Payday loans cost Kentucky - and our families - too much. Representative Jim Glenn is going to sponsor a bill to cap on payday loan interest rates at 36 percent APR—just like Congress has enacted to protect military families. I am part of the Making Connections Network - a network of over 3000 residents who support this cap.

Members of our Network know first hand that it is too easy to get trapped in a payday loan pattern that can effectively cost 400% interest on a $100 loan. We support action by the Kentucky State Legislature that ensures responsible lending in our state.

I look forward to hearing from you on this matter,