Lawmakers wish to improve fines for rogue payday loan providers by 500 % By John Cheves | Lexington Herald-Leader FRANKFORT – A few Kentucky lawmakers want pay day loan shops to face heavier that is much whenever they violate consumer-protection legislation. Senate Bill 169 and home Bill 321 would improve the selection of fines accessible to the Kentucky Department of finance institutions from the present $1,000 to $5,000 for every single lending that is payday to between $5,000 and $25,000. State Sen. Alice Forgy Kerr, R-Lexington, stated she was upset final July to learn within the Herald-Leader that Kentucky regulators permitted the five biggest ...