Deep in Debt?

We can help you pay it off

$1,000$100,000+

Payday loan laws in Kansas

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

For Lenders

Lending specifications:

  • Maximum loan amount: $500
  • Loan tenure: 7-30 days
  • Fees and finance charges: 15% + administrative fees
  • Finance charge on a 14-day $100 loan: $15
  • APR on 14-day $100 loan: 390%

Collection restrictions:

  • Collection fees: One NSF fee
  • Criminal procedures: Prohibited
For Borrowers

Debt limits:

  • Maximum no. of outstanding loans at a time: Two
  • Rollovers allowed: Not specified

Complaint cell:

  • Regulator: Office of the State Bank Commissioner
  • Address: Suite 300, Jayhawk Tower, 700 SW Jackson Street; Topeka, KS 66603-3796
  • 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/
  • File Complaint: http://www.osbckansas.org/consumers/complaints.html

Updated on:

Was this page helpful?

  • expertise badge
  • This site is verified as a Trusted Site by Best of the Web
  • TrustLink logoTrustLink logo
  • Customer ratings on BBB
  • IAPDA logo
  • Calchamber Member
  • Calbar Registered
  • D&B
  • Godaddy
  • yelp logo