Midwest · Allowed
Payday loans in Kansas
Storefront payday lending is permitted in Kansas. State law caps what lenders can charge — the limits below are the legal ceiling, and honest lenders stay under it.
The limits below are the legal ceiling — any offer above them is being made outside the law.
The rules behind the numbers
Payday loans are high-cost short-term credit options and should not be used to resolve long-term financial difficulties.
In practice: borrow $300 for a standard term and the finance charge is $45 — $345 repaid at the end, about 391% APR. Every compliant lender in Kansas has to fit inside that schedule.
Statute: K.S.A. 16a-2-404
Regulator: Office of the State Bank Commissioner of Kansas · www.osbckansas.org
Questions people ask here
How much can a payday loan cost in Kansas?
State law caps fees at 15% of cash advance ($15 per $100). On a typical $300 loan that works out to about $45 in finance charges — repaying $345 in total. A lender charging more than the cap is operating illegally.
What happens if I can't repay on time in Kansas?
This state's rules on rolling the loan over: forbidden. If you can't pay, ask the lender for an extended payment plan before you renew — and call the state regulator if the plan is refused.
Are online payday lenders legal in Kansas?
Only lenders licensed in Kansas may make loans to residents at these terms — the license, not the website, decides what's legal. Out-of-state lenders offering terms above the state cap are operating outside the law.
Who regulates payday lenders in Kansas?
Complaints about a licensed lender go to the Office of the State Bank Commissioner of Kansas (www.osbckansas.org) — keep the loan agreement and every fee disclosure you were given.
54 storefront lender locations listed statewide in the 2022-02-20 public directory snapshot — each city guide carries its local list.