Independence, MO · Midwest · Allowed
Payday loans in Independence
Independence is governed by Missouri's statewide lending law — cities don't set their own loan rules. Storefront payday lending is permitted in Missouri. 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.
Lending storefronts in Independence
129,933 residents · Clay County / Jackson County/Dunklin County/Nodaway County Median household income is $42,834 — below the Missouri median of $52,410.
5 storefront locations of 4 companies listed in the public directory snapshot below. Categories are the directory's own — verify a store's license with the state regulator before borrowing.
| Lender | Address | Phone | Hours |
|---|---|---|---|
| Advance America Installment Loans, Check Cashing/Pay-day Loans | 11205 East 24 Hwy, 64054 | (816) 252-1410 | Mon Closed · hours vary |
| Advance America Installment Loans, Check Cashing/Pay-day Loans | 3517 S Noland Rd, 64055 | (816) 833-5718 | Mon 10:00 AM - 6:00 PM · hours vary |
| Security Finance Installment Loans | 10808 E 23rd St S Ste B, 64052 | (816) 254-5509 | Mon 9:00 AM - 5:30 PM · hours vary |
| Speedy Cash Title Loans, Installment Loans | 11221 E 23rd St, 64052 | (816) 833-1200 | Mon 8:00 AM - 8:00 PM · hours vary |
| Sun Loan Company Tax Services, Installment Loans | 523 E US Hwy 24, 64050 | (816) 461-5827 | Mon 8:30 AM - 5:30 PM · hours vary |
Listing data: public business directory, collected 2022-02-20. Stores close and relocate — confirm with the regulator's license lookup on the Missouri page before visiting. Spot an error? Report it.
The online route in Independence
A parallel market lends entirely online — application, decision and funding on a website, no storefront. Lenders licensed in Missouri follow the state schedule anywhere in the state, but bank-partner and tribal loans are structured outside state rate limits, and regulators dispute that model.
From the online lenders directory — terms each lender publishes about itself, checked September 2026. Directory only: we are not affiliated and make no availability promises — verify with the lender and the Missouri regulator.
The rules behind the numbers
Payday loans are high-cost loans designed for short-term financial emergencies and should not be used for long-term borrowing.
In practice: borrow $300 for a standard term and the finance charge is $45 — $345 repaid at the end, about 443% APR. Every compliant lender in Independence has to fit inside that schedule.
Statute: Mo. Rev. Stat. § 408.500 et seq.
Regulator: Missouri Division of Finance · finance.mo.gov
Questions people ask in Independence
Are payday loans legal in Independence, MO?
Yes. Storefront payday lending is permitted across Missouri, and Independence runs under the same state rules: maximum loan $500, fees capped at 75% of initial principal limit for interest/fees combined. A store charging above the cap is operating illegally.
How much would a $300 loan cost me in Independence?
The same as anywhere in Missouri: state law sets the schedule. On a typical $300 loan the finance charge is about $45 — $345 repaid at the end of the standard term.
Which lenders have stores in Independence?
5 storefronts are listed in Independence in our 2022-02-20 directory snapshot (4 different companies). The full list with addresses, phones and hours is in the table above.
Who regulates lenders in Independence?
Complaints about a lender go to the Missouri Division of Finance (finance.mo.gov) — keep the loan agreement and every fee disclosure you were given.