Legal Status



Kan. Stat. Ann. § 16a-2-404, 405

Loan Terms

Maximum Loan Amount: 500

Loan Term: 7-30 days

Finance Charge for 14-day $100 Loan: 15

APR for 14-day $100 Loan: 391%

Debt Limits

Maximum Number of Outstanding Loans at One Time: A lender and related interest shall not have more than two loans made under this section outstanding to the same borrower at any one time and shall not make more than three loans to any one borrower within a 30 calendar day period. K.S.A. §16a-2-404