Title & Installment Loans in Kansas

Lending rules in Kansas

General rules

• Unless exempt, a person cannot make supervised loans, or take assignments of and collect on them, without a supervised loan license from the State Bank Commissioner. Source: Kan. Stat. Ann. § 16a-2-301(1) · verified Oct 9, 2026
• A supervised loan license applicant must file a surety bond of at least $100,000. Source: Kan. Stat. Ann. § 16a-2-302(2)(a) · verified Oct 9, 2026
• Supervised financial organizations, the FDIC, and attorneys forwarded contracts for collection are exempt from the supervised loan license requirement. Source: Kan. Stat. Ann. § 16a-2-311(1) · verified Oct 9, 2026

Payday loans (deferred presentment)

• A Kansas payday loan (short term, single repayment) can be at most $500. Source: Kan. Stat. Ann. § 16a-2-404(1)(c) · verified Oct 9, 2026
• A licensed or supervised lender may charge a fee of up to 15% of the cash advance on a payday loan. Source: Kan. Stat. Ann. § 16a-2-404(1) · verified Oct 9, 2026
• The minimum term of a payday loan is 7 days. Source: Kan. Stat. Ann. § 16a-2-404(2) · verified Oct 9, 2026
• The maximum term of a payday loan is 30 days. Source: Kan. Stat. Ann. § 16a-2-404(2) · verified Oct 9, 2026
• A lender and its related interests cannot have more than two payday loans outstanding to the same borrower at one time. Source: Kan. Stat. Ann. § 16a-2-404(3) · verified Oct 9, 2026
• A lender cannot make more than three payday loans to one borrower within a 30 calendar day period. Source: Kan. Stat. Ann. § 16a-2-404(3) · verified Oct 9, 2026
• After maturity, the contract rate on a payday loan cannot exceed 3% per month of the loan proceeds, and no other charges are allowed. Source: Kan. Stat. Ann. § 16a-2-404(5) · verified Oct 9, 2026
• A payday loan cannot be repaid with the proceeds of another payday loan from the same lender or its related interest. Source: Kan. Stat. Ann. § 16a-2-404(6) · verified Oct 9, 2026
• A borrower who cannot repay a payday loan when due may choose an extended payment plan once every 12 months. Source: Kan. Stat. Ann. § 16a-2-404(7) · verified Oct 9, 2026
• The extended payment plan must allow repayment in at least four substantially equal installments, at no extra interest or fees. Source: Kan. Stat. Ann. § 16a-2-404(7)(b) · verified Oct 9, 2026
• A borrower can cancel a payday loan at no cost by the end of the business day after the loan was made, by returning the cash principal; the lender must return any fees. Source: Kan. Stat. Ann. § 16a-2-404(10) · verified Oct 9, 2026
• A lender cannot use, or threaten to use, the criminal process in any state to collect a payday loan. Source: Kan. Stat. Ann. § 16a-2-404(11)(b) · verified Oct 9, 2026
• Anyone who facilitates or acts as a conduit or agent for a third party making a short-term, single-payment loan must hold a supervised loan license, even if the third party is exempt. Source: Kan. Stat. Ann. § 16a-2-404(13) · verified Oct 9, 2026
• A payday lender cannot garnish the wages of a military borrower and must defer collection while the borrower is deployed to a combat posting. Source: Kan. Stat. Ann. § 16a-2-405(a) · verified Oct 9, 2026

Installment and consumer finance loans

• On closed-end consumer loans a lender can charge a periodic finance charge (actuarial method) of up to 36% per year. This section does not apply to payday loans. Source: Kan. Stat. Ann. § 16a-2-401(2), (7) · verified Oct 9, 2026
• Prepaid finance charges on consumer loans are limited to the lesser of 2% of the amount financed or $300. Source: Kan. Stat. Ann. § 16a-2-401(4) · verified Oct 9, 2026
• A consumer loan with an annual percentage rate above 12% is a supervised loan, which requires a supervised loan license. Source: Kan. Stat. Ann. § 16a-1-301(55) · verified Oct 9, 2026

Pawn loans

• A pawnbroker may charge up to 10% per month (120% per year) of the amount advanced, and the loan cannot exceed $5,000. Source: Kan. Stat. Ann. § 16-719(b) · verified Oct 9, 2026
• A pawn loan cannot exceed $5,000. Source: Kan. Stat. Ann. § 16-719(b)(2) · verified Oct 9, 2026
• A pawn loan has a term of one month and can be extended or renewed by paying the monthly charges. Source: Kan. Stat. Ann. § 16-719(c) · verified Oct 9, 2026
• Pawnbrokers are licensed locally: by the city clerk inside first or second class cities, otherwise by the county clerk. Source: Kan. Stat. Ann. § 16-707(a) · verified Oct 9, 2026

Lenders in Kansas are licensed by the Kansas Office of the State Bank Commissioner (OSBC), Consumer and Mortgage Lending Division. You can look up any license in its license search. See also online lenders and apps in Kansas.