Kansas Payday Loans

Kan. Stat. Ann. § 16a-2-404
Status: Legal

Payday loans are legal in the state of Kansas, pursuant to Kan. Stat. Ann. § 16a-2-404.  As of January 2017, the state has approximately 328 companies offering payday loans.

Payday Loan Lending Laws in Kansas

A payday loan in Kansas cannot exceed $500 and are required to be paid back within 7-30 days. Lenders are not allowed to charge more than 15% from a $100 loan, and the APR for a $100 loan given for a two-week period cannot exceed 390%. State regulations also prohibit borrowers from taking out more than two loans at a time, a practice used in other states meant to curtail the borrower’s chances of falling into a debt cycle of unpaid loans. Lenders are also prohibited from dividing the requested amount of a loan into multiple loans to charge a borrower more fees. For Kansas residents seeking a loan of $500, for example, this would mean the lender cannot split the $500 into two loans of $250 and treat them as two separate loans.

Kansas regulations also have several unique features, such as lenders cannot allow a borrower to take out more than three loans to any one borrower within a 30 calendar day period, regardless of a borrower’s demonstrated ability to repay the loans on time. Lenders are also required to maintain a journal of loan transactions for each borrower that includes name, address, phone number and the date made/due date for each loan. If a borrower becomes delinquent in repaying the loan, a lender cannot threaten them with criminal action, but the debt can be turned over to a collection agency. Also, a borrower can only be charged one nonsufficient fund fee per loan by the lender.

Upon being approved for a cash advance loan, if a borrower changes their mind and wishes to return the funds, they can do so by notifying a lender about their decision to rescind the agreement and all the fees and charges should be returned. This is an important detail, as short term loans should not be used with anything less than complete responsibility. A potential borrower needs to understand everything they can about the state regulations and the loan details, and proper budgeting will ensure the loans can be repaid within the agreed-upon time frame.


To apply for a payday loan in Kansas, a potential borrower must meet these requirements:

  • Be at least 18 years old
  • Be employed for at least one month.
  • Have an active checking account
  • Be a U.S. citizen or permanent resident.

Lending Rules*

Lenders in the state of Kansas are legally required to comply by the following limitations according to Kan. Stat. Ann. § 16a-2-404:

Maximum Loan Amount:
Minimum Length of Loan:
7 days
Maximum Length of Loan:
30 days
Maximum Finance Rate & Fees:
Finance Charge for 14-day $100 Loan:
APR for 14-day $100 Loan:
Max # Outstanding Loans at One Time:
Rollovers Permitted:
Not Specified
Collection Fees:
One NSF fee
Criminal Action:
*The information displayed may not be current. For the most recent information, please visit http://www.paydayloaninfo.org/state-information/24.

Regulatory Information

If you have a complaint against a Kansas Cash Advance location you can contact your state regulator below:

Office of the State Bank Commissioner
700 SW Jackson, Suite 300 Topeka KS 66603
(785) 296-2266
(785) 296-0168

Kansas Lenders

Below you can find Kansas payday loan lenders in the following cities:

Kansas Statistics**

The following information is key demographic data for the state of Kansas from the Census bureau.

Total Population:
Median Household Income:
Poverty Rate:
Median Gross Rent:
High School Graduate or Higher:
Bachelor's Degree or Higher:
**The information displayed may not be current. For the most recent information, please visit http://www.census.gov/quickfacts.

Borrow Safely, Borrow Responsibly

As stated above, the responsibility for using and repaying a payday loans rests primarily with the potential borrower. Payday loans can be an effective way to address short-term financial emergencies, especially if few other options are available at the time of need. Borrowers should still consider every financial alternative at their disposal before considering payday loans, and should be familiar with the loan terms including applicable fees and repayment schedules before applying.  Questions and concerns can be directed to the Office of the State Bank Commissioner, and further information can be found on the state’s legislature page.

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