A guide to Payday Loans in Kansas, USA.

What are the Citation (s) to Payday Loan or Small Loan Laws in Kansas?
A: The relevant citation regarding Payday Loans in the Kansas State Jurisdiction is Kan. Stat. Ann. § 16a-2-404 as amended by 2005 Kansas Legis. 144 (eff. April, 2005)

Q: Are Payday Loans legal in Kansas? 
A: Yes Payday Loans are legal in Kansas. 

Q: What is the Maximum Cash Advance Loan Amount in Kansas?
A: The maximum Cash Advance or Payday Loan amount is $500. 

Q: What is the Payday Loan Term in Kansas?
A: The Payday Loan Term in Kansas is between 7-30 days. 

Q: What is the Maximum Fee for Cash Advance Loans in Kansas?
A: The Maximum fee for Cash Advance Loans in Kansas is 15 %.

Q: What is the Finance charge for 14-day $100 payday loan in Kansas State?
A: The Finance charge for 14-day $100 payday loan in Kansas is $15. 



Q: What is the APR for 14-day $100 payday loan in Kansas State?
A: The APR charged for 14-day $100 payday loan in Kansas is 390 percent. 

Q: Is there a limit on the number of payday loans I can take at one time? 
A: Yes, you can take a maximum of two payday loans at one time. 

Q: How many times can the lender rollover my payday loan in Kansas?
A: The number of rollovers is not specified. 

Q: If I cannot repay my payday loan can the lender initiate a criminal action? 
A: No, a payday loan lender cannot initiate a criminal action if the borrower is unable to repay the loan. 

Q: Can I be charged a collection fee for a payday loan?
A: Yes, One NSF fee 

Contact the Department Of Financial Institutions

If you have questions about payday loans please contact the Kansas Department of Financial Institutions at:

Office of the State Bank Commissioner
Address: 700 SW Jackson, Suite 300 Topeka, KS 66603
Phone: (785) 296-2266
Fax: (785) 296-0168
Regulatory Contact: Kevin C. Glendening, Deputy Commissioner, Division of Consumer and Mortgage Lending

Website: http://www.osbckansas.org/

Where can I find a payday loan store in Kansas?

You can find the store nearest to your location by simply clicking on this link  loc: Kansas