Short-terms loans in Wichita, Kansas | finder.com
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Short-term loans in Wichita, Kansas

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Before you borrow, make sure you know how Kansas regulations affect your loan.

No matter if you choose an online lender or a nearby store, all lenders in Wichita must abide by Kansas law. If you’re ready to find a lender, learn how these laws impact you — and what you might need to pay for a payday loan.

CashNetUSA Loan

For fast cash: CashNetUSA

Get a payday loan, installment loan or line of credit, depending on state availability.

  • Loan Amount: Varies by state
  • Turnaround Time: 1 business day
  • 15% off initial loan fee on payday loans or brokered loans
  • Quick application, no collateral needed
  • Bad credit is OK

    Can I get a payday loan in Wichita, Kansas?

    Yes. Payday loans in Wichita are governed by Kansas Revised Statutes 16a-2-404 and 16a-2-405. According to these, you can borrow up to $500. Loan terms last between 7 to 30 days, and lenders may charge a financing fee of up to 15% of the loan’s value. This means that a loan of $500 would cost $75 in fees.

    In addition to these basic regulations, Kansas also gives borrowers the right to rescind a payday loan by the next business day after the agreeing to a loan.

    Consider these lenders for a payday loan in Wichita

    Rates last updated February 19th, 2019
    Unfortunately, none of the short term loan providers currently offer loans in your state. Learn more about short term loans in your state to find an alternative.
    Name Product Product Description Max. Loan Amount Turnaround Time Requirements
    OppLoans Installment Loans
    Installment loans with competitive rates from a top-rated direct lender.
    $5,000
    1 business day
    Must have direct deposit and meet minimum income requirements
    CashNetUSA Loan
    Apply for a short-term loan with an easy online application and dedicated customer service.
    Varies by state
    1 business day
    You must be a US citizen or permanent resident, be at least 18 years old and have regular income and a bank account.
    Jora Installment Loans
    Installment loans with repayment terms up to 30 months, depending on your state.
    $2,600
    1–2 days
    Must have an active checking account, regular source of income and email address.
    CashUSA Installment Loans
    A connection service for quick cash loans up to $10,000.
    $10,000
    As early as 1 business day
    Must have a monthly income of $1,000+ after taxes and valid checking account.
    LendYou Short-term Loans
    Apply online with this loan-connection service offering unrestricted short-term loans with fast turnaround.
    $15,000
    1 business day
    You must be a US citizen or permanent resident, age 18+ and have a regular income.
    ACE Cash Express Short-term Loans
    Quick payday, installment and title loans with no prepayment penalty and a 72-hour satisfaction guarantee. Funds can be loaded on an ACE Elite™ Visa® Prepaid Debit Card.
    Varies by state
    Generally receive the money the next business day
    Must be 18+ years old, have a steady source of income and a checking or savings account. Must not be a debtor in bankruptcy.
    LendUp Payday Loans
    LendUp offers $250 loans for first-time borrowers. Good credit is not required. Visit the site to see more details for your state.
    $250
    generally receive the money the next business day
    Be 18+ years of age and have a checking account that can accept electronic transfers.

    Compare up to 4 providers

    What do I need to apply?

    Before you get started on an application, make sure you meet these basic requirements: you must have a steady source of income, be a US citizen or permanent resident and be at least 18 years old. If you aren’t, a lender typically won’t be able to lend to you — although there are options for those without steady income or permanent resident status.

    If you meet your lender’s basic criteria, you’ll need to provide some basic personal information about yourself. This includes:

    • Your name, address, email and phone number
    • Your date of birth, Social Security number and details from your state-issued ID
    • Your employer’s name and your gross monthly income
    • Your bank account details if applying online

    Where to find short-term loan locations in Wichita

    Short-term loan locations near me in Wichita, KS

    • Fast Payday Loans. 2560 S Seneca St, Wichita, KS 67217
    • Money Shack Payday Loans. 5530 W Central Ave, Wichita, KS 67212
    • Net Pay Advance, Inc. 455 N Maize Ct, Wichita, KS 67212
    • Payday Money Store. 530 S West St #100, Wichita, KS 67213
    • Quik Cash. 447 N Oliver Ave, Wichita, KS 67208

    Must read: Be cautious of extremely short term

    Although it’s in the name, short-term loans tend to be due anywhere from 14 to 30 days after you borrow. However, Kansas allows lenders in Wichita and throughout the state to have some of the shortest terms in the country — a minimum of seven days. This means that you may have to repay your loan, including any fees you’ve accrued, within one week of borrowing. That doesn’t give many people much time to get the money they need together, especially if you regularly struggle with financial problems.

    If you think you may not be able to repay your loan by the due date, you may want to look into another type of short-term loan or browse our guide to payday loan alternatives to find an option that better suits your needs.

    What are my other short-term loan options in Wichita?

    If payday loans are too limiting, you may want to consider these two options when looking for a short-term loan.

    • Installment loans. In Kansas, you can borrow up to $25,000 with an installment loan. Interest is capped at 36% for balances of $860 or less and at 21% for balances greater than $860. However, keep in mind that there are no minimum or maximum terms. The length of your loan — and the amount you’ll end up paying in interest — is determined by your lender.
    • Auto title loans. Although they aren’t completely legal in Kansas, you can still borrow an auto title loan in Wichita. Lenders get around the 36% rate cap by registering auto title loans as open-ended credit, which means they can charge high APRs. Because of this, you’ll want to carefully read your title loan contract and make sure you can afford the terms. If you default, you risk having your vehicle repossessed.

    Bottom line

    Although payday loans can be expensive — especially if you’re stuck with a loan term on the lower end of the legal limit — Kansas does have a few positive regulations, including the ability to rescind your loan within one business day.

    If you’re curious about how else payday loans are regulated, read our guide on short-term loans in Kansas. And if you’re ready to apply, you can compare your payday loan options to find a good deal for your finances.

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    US Payday Loans Offers

    Important Information*
    CashNetUSA Loan

    Apply for a short-term loan with an easy online application and dedicated customer service.

    Check into Cash Payday Loan

    With 1,000 branches in 30 states, get $50 to $1,000 in days from this direct lender.

    OppLoans Installment Loans

    Installment loans with competitive rates from a top-rated direct lender.

    LendYou Short-term Loans

    Apply online with this loan-connection service offering unrestricted short-term loans with fast turnaround.

    Go to site