Kansas Cash Advance
Do you need to get your hands on some cash right now? AdvanceCash.info is here to assist you with our Kansas cash advance products, if you are finding yourself short of money, and it's still nearly a week until payday. We can give you a Kansas cash advance fast, and it's easy to apply. All you need to do is make an application through our simple online system, and the cash could hit your bank account before the end of the day; so don't wait, do it now.
Kansas Cash Advance Legal requirements
Kansas cash advance lending is legally controlled. Strict legislation governs the way loan companies operate in Kansas, and cash advance companies are restricted to giving only one loan per person at any one time. The legal maximum loan is $500, and there is no minimum amount. The longest a person may take to repay a cash advance loan is 30 days; the minimum length of the loan is 7 days.
The Annual Percentage Rate, or APR, is set at 390%; companies may charge a rate of 15% interest. This would mean a $100 loan would require you to pay back the $100 plus $15 in interest, total $115. Kansas cash advance companies are not permitted to divide a loan into several smaller loans, because that would raise the amount of fees and interest payable.
Kansas residents may make an application for a cash advance at over 358 Kansas cash advance outlets. Wichita boasts 61 Kansas cash advance outlets. Just 10 years ago, there were only 36 cash advance offices in the whole state.
Citizens of the state of Kansas, like anywhere else in the nation, may on occasion find themselves having financial difficulties; and locating a good, reliable institution for Kansas cash advances may not be easy. AdvanceCash.info provides Kansas citizens with immediate access to the cash they need now, for any purpose. You just need to have a regular income, and then you will be able to get a cash advance to deal with your bills and other obligations, as well as to buy any items that you may urgently need. We are not concerned about how you spend your cash advance; that is your decision.
Even if you live in a different state, you can still use our cash advance services, as we offer all Americans the opportunity to take advantage of our helpful and flexible services. AdvanceCash.info is all too aware that through no fault of their own, people can find themselves in financial difficulties that call for immediate action. If you have a need for immediate cash, then AdvanceCash.info is the right solution; no matter where you live in our great nation, you are entitled to make an application at AdvanceCash.info. There is no need to wait; you can apply right now, and through the wonders of the Internet get approval instantaneously. This is the most innovative way to deal with sudden financial problems, and there are even options for people that need a little extra cash in their pocket.
You can check it out for yourself and find that AdvanceCash.info is truly the easiest and quickest cash advance company in the market today. You are assured of total privacy, and we always guarantee a safe and secure service. We will deliver all our services with a high level of professionalism that other companies cannot compete with. In just a few minutes, you can fill out the online application from AdvanceCash.info, and see just how simple and fast our service can be.
House Bill No. 2812 is the Kansas' law that gives you your rights when transacting a Kansas cash advance with any lender in the state. A cash advance is not permitted over $860; fees payable are based on the amount of the loan. The fees are:
Amount of Cash Advance:
$50 or less - Will carry an additional charge of $4.
$50 to $100 - Will carry an additional charge of a $5 administration fee; in addition, there will be an 8% fee.
$100 to $250 - Fees will equal 5% of the loan, and will carry an additional charge of $5 administration fee.
$250 or higher - Fees will equal 4% of the loan, the minimum fee will be $12.50, and it will carry an additional charge of a $5 administration fee.
Kansas cash advance agreements may last no longer than 30 days.
The practice of loan splitting, by which a single loan is split into two separate loans, which would give the company the right to charge fees on both loans, is illegal under Kansas law. You may find that some companies practice this loan splitting, but even so, it is illegal. There should be no "small print," as loan agreements must be printed in a minimum of 10 point font and in bold:
"Notice to Borrower: Kansas law prohibits this lender and their related interest from having more than two loans outstanding to you at any one time. A Lender cannot divide the amount you want to borrow into multiple loans in order to increase the fees you pay."
If the term for the cash advance should end, the company is not permitted to charge interest that will exceed 3% per month on the outstanding balance. If a Kansas cash advance company gives a loan, they may also charge a fee in relation to any checks that are returned for insufficient funds.
Unemployment Statistics For The State Of Kansas
Over the past 10 years, the rates of unemployment in Kansas have varied between a high of 6.1% to a low of 3.1%. At the beginning of 2005, the rate was 5.8%, and in the same period of 2006, it had dropped down to 5.0%, which translates to 73,226 unemployed people for the state of Kansas.
Kansas Cash Advance - Cities