- Payday loans in Graymoor-Devondale follow Kentucky law (KRS 286.9 (deferred deposit transactions)).
- Borrowing $300 at the state maximum costs $45 ($15 per $100).
- The nearest larger city is Jeffersontown, about 5 miles away.
Graymoor-Devondale at a glance
| Graymoor-Devondale | |
|---|---|
| Population (2024 Census estimate) | 2,810 |
| Change since 2020 | -1.3% (shrinking) |
| County | Jefferson County |
| Size rank among 359 Kentucky places we cover | 116th |
| Nearest larger city | Jeffersontown (about 5 miles) |
| Credit unions headquartered in town (NCUA) | None |
| Credit unions headquartered in Jefferson County | 14 |
| Other towns within 25 miles | 86 (about 883,181 residents) |
| Typical payday APR statewide (CRL 2023) | 450% |
There is no separate Graymoor-Devondale payday law: Kentucky rules apply here, and any lender serving Graymoor-Devondale residents, online or in person, needs a license from the Kentucky Department of Financial Institutions.
Credit unions near Graymoor-Devondale
No credit union has its main office in Graymoor-Devondale, but these are based elsewhere in Jefferson County (NCUA, June 2026):
- Class Act Federal Credit Union in Louisville (federal charter — may offer payday alternative loans (PALs))
- L & N Federal Credit Union in Louisville (federal charter — may offer payday alternative loans (PALs))
- K I T Federal Credit Union in Louisville (federal charter — may offer payday alternative loans (PALs))
- Advanz Federal Credit Union in Louisville (federal charter — may offer payday alternative loans (PALs))
- Msd Federal Credit Union in Louisville (federal charter — may offer payday alternative loans (PALs))
Only federal credit unions can offer payday alternative loans (PALs), capped at 28% APR; state-chartered credit unions often have their own small-loan products. Membership rules apply, and only main offices are listed here; find branches near you with the NCUA Credit Union Locator. See how PALs work.
Payday loan rules that apply in Graymoor-Devondale
In short, Kentucky rules that cover Graymoor-Devondale include: maximum: $600 in total proceeds under 2026 legislation (SB 219), indexed to inflation up to $850; previously $500; maximum fee: $15 per $100; loan term: 14 to 60 days. See the full Kentucky payday loan rules.
What a $300 loan costs in Graymoor-Devondale
At Kentucky’s maximum fee, borrowing $300 costs $45 ($15 per $100). Statewide, the typical APR on a $400 payday loan was 450% (Center for Responsible Lending, June 2023). Check any offer with our payday loan calculator.
Other help in Jefferson County before you borrow
Before a payday loan, Graymoor-Devondale residents can usually find something cheaper:
- Local assistance through 211 covering Jefferson County.
- A credit union payday alternative loan (max 28% APR). See PALs explained.
- Your bank’s small-dollar loan, if offered (compare banks).
- A cash advance app for $20–$500 (apps compared).
Towns near Graymoor-Devondale
- Bancroft · 1 mi
- Woodlawn Park · 1 mi
- Old Brownsboro Place · 1 mi
- Windy Hills · 1 mi
- Beechwood Village · 1 mi
- Briarwood · 1 mi
The nearest larger city is Jeffersontown, about 5 miles away. See all 359 Kentucky cities.
Need cash before payday?Send one free request to our lender network. We are not a lender; offers and rates come from lenders.
Request a loanFrequently asked questions
Are payday loans legal in Graymoor-Devondale?
Yes. Payday loans are legal in Graymoor-Devondale under Kentucky state law, and lenders must be licensed by the Kentucky Department of Financial Institutions.
How much does a payday loan cost in Graymoor-Devondale?
At Kentucky’s maximum fee, borrowing $300 costs $45 ($15 per $100). The typical statewide APR was 450% in 2023.
Where is the nearest credit union to Graymoor-Devondale?
No credit union is headquartered in Graymoor-Devondale, but Class Act Federal Credit Union is based in Louisville, also in Jefferson County.
Sources
- U.S. Census Bureau — City and town population totals, Vintage 2024
- U.S. Census Bureau — 2024 Gazetteer files (place locations)
- NCUA — Credit union call report data, June 2026 (FOICU)
- KRS 286.9-100
- Kentucky Acts 2026, ch. 98 (SB 219)
- Center for Responsible Lending — Red Alert Rates: APRs on $400 single-payment payday loans (June 2023)
- CDFI Fund — NCUA payday alternative loans summary