Kansas Cash Advance Law and Legislation

Kansas Cash Advance Law and Legislation

Payday financing is appropriate in Kansas.

Kansas possesses $500 restriction on pay day loans available in hawaii. The minimum loan term is seven days; the utmost loan term is thirty day period. The finance costs must not go beyond $15 for the amount advanced. Real APR is 391%*. Rollovers aren’t permitted. Unlawful actions against borrowers are forbidden.

Kansas had been one of the states that are first start managing payday loans in the state degree. Continue reading “Kansas Cash Advance Law and Legislation”