Payday Loans in Wright, Kansas

All Credits Welcome!

If you have a bad credit score, then don’t worry – it’s not an issue for us!

TGL Loan Services

You can get your money fast after filling out the simple form on the "Get Started" page! Lenders cannot guarantee the approval, but they could approve your loans, even if you are unemployed, receiving government benefits.

Fast Money In Your Bank

You can get your money within hours after filling out the form! We work 24/7 for you!
  • This form is protected with secure 256-bit SSL encryption
  • By clicking “Get Started”, I consent and agree to the Privacy Policy and Terms of Use.

No payday loan companies in Wright, KS. Consider companies in other cities:

Company nameAddressZip codePhone number
Dillons Money Services 212 S Broadway Ave, Sterling, KS 67579 +1 (620) 278 - 2311
Ascent Home Loans 311 Center Ave # A, Oakley, KS 67748 +1 (785) 672 - 8961
Peoples State Bank 102 W Barton Rd, Leonardville, KS 66449 +1 (785) 293 - 5221
Prairie Bank of Kansas 200 N Main St, Buhler, KS 67522 +1 (620) 543 - 2211
Always Pay Day Cash Advance 1503 E Pawnee St, Wichita, KS 67211 +1 (316) 269 - 4400
First State Bank & Trust Co 906 E 1st St, Pratt, KS 67124 +1 (620) 672 - 5925
Advance America 10327 Metcalf Ave, Overland Park, KS 66212 +1 (913) 385 - 9833
Commerce Bank 11405 Nall Ave, Leawood, KS 66211 +1 (816) 234 - 2250
Midway Motors Rentals 2075 E Kansas Ave 3, McPherson, KS 67460 +1 (620) 241 - 1096
Speedy Cash 701 N West St, Wichita, KS 67203 +1 (316) 942 - 2211

Payday Loan Companies in Nearby Cities

If there are no payday loan companies in Wright, KS, you can try to find different companies in big cities near by. Check out the following pages here: Payday Loan Companies in Hutchinson, KS, Payday Loans in Kansas City, KS, Payday Loan for Lawrence, KS, Payday Loans in Leavenworth, KS, Payday Loan for Leawood, KS, 24-Hour Loan in Lenexa, KS, Payday Loans in Manhattan, KS and Payday Loans in Olathe, KS. But also, you can apply for a loan online, not coming out of your home. Just fill out a simple application on our website and we will connect you with trusted direct lenders in Wright, KS.

Payday Loans Available in Wright, KS By The Following ZIP Codes:

67882

Are Payday Loans Legal In Wright, Kansas?

Loan Rates and Fees, Laws and Regulations in Kansas.

Payday loans made to Wright, Kansas residents may only be for $500 for the first loan and $300 for each additional loan. The lender must give a monthly statement in which the borrower will see how much money was borrowed, how much was repaid, and how much the total cost of the loan is. The Kansas Finance Charge on payday loans is a standard $15 per $100 borrowed. The APR for payday loans in Wright, Kansas is 391%.

Multiple payday advances are not allowed and banks cannot make loans to the same borrower for more than $500 on the borrower’s written agreement. There must be at least 7 days between successive loans and the lender must return a payment made before deducting finance charges if the lender could not reasonably have expected the advance to be paid.

Kansas Loan Regulations

Legal StatusLegal
Interest Rate (APR, %)391
Maximum Loan Amount$500
Minimum Loan Term7 days
Maximum Loan Term30 days
Number of Rollovers AllowedNot specified
Finance Charges15% of the amount advanced

Wright, KS payday loan calculator

Understanding Payday Loans in Wright, Kansas

If you live in Wright, Kansas, and you’re in need of some financial assistance to cover short-term expenses, you might be thinking of taking out a payday loan. Even though they are legal in Kansas, it is important to fully understand how payday loans work and their potential risks before applying. This article will explain what payday loans are, how they work, and what alternatives might be available to you if you’re in a financial bind.

What are Payday Loans in Wright, Kansas?

Payday loans are a short-term loan type that typically have high-interest rates. They are usually designed to be repaid within a few weeks or at your next payday. To apply for a payday loan, you typically need to show proof of income, such as a pay stub, and have a checking account. In Wright, Kansas, payday loans can be obtained from both storefront lenders and online lenders.

How do Payday Loans Work?

The process of obtaining a payday loan is usually straightforward. Once you provide your lender with the necessary documentation, they will evaluate your application and determine if you’re eligible. If you are, the lender will transfer the funds directly into your checking account. You should be able to receive the funds within one or two business days after approval.

When it comes to repayment, you’ll typically need to repay the loan in full plus interest and fees on your next payday. If you’re unable to make the full payment, you may be given the option to roll over the loan for an additional fee. However, this can lead to a debt cycle that is difficult to get out of.

What are the Risks of Using Payday Loans?

Payday loans can be risky in Wright, Kansas, due to their high-interest rates, and short-term repayment periods. According to the Consumer Financial Protection Bureau (CFPB), the average payday loan has an interest rate that equates to an annual percentage rate (APR) of nearly 400%. As a result, borrowing just a few hundred dollars can result in paying back thousands of dollars in interest and fees.

In addition to their high costs, payday loans may also make it difficult for borrowers to repay their other expenses, leading to a cycle of debt. Moreover, if you’re unable to repay the loan, you may face additional fees, and the lender may take legal action to recover the debt.

Alternatives to Payday Loans in Wright, Kansas

If you’re in a financial bind, there may be alternatives to payday loans available to you in Wright, Kansas. Consider some of the following options:

Credit Union Loans: Credit unions in Wright, Kansas often offer small, short-term loans to their members at much lower interest rates than payday loans.

Personal Loans: Personal loans may be another option. They usually come with lower interest rates and flexible repayment terms than payday loans.

Credit Counseling: A credit counseling agency can work with you to create a budget and develop a debt repayment plan. They may even be able to negotiate lower interest rates or payments with your creditors.

Facts and Statistics about Payday Loans in Wright, Kansas

  • Kansas law limits borrowers to one payday loan at a time, with a maximum loan amount of $500.
  • In Wright, Kansas, the average payday loan is $350.
  • According to the National Consumer Law Center, payday loans cost American families an estimated $4.1 billion in fees each year.
  • Approximately 12 million Americans use payday loans every year according to Pew Charitable Trusts.
  • Kansas has implemented policies to protect its citizens from predatory lending practices. For example, lenders must disclose the cost of the loan in writing and cannot charge more than a 15% finance rate on the loan amount.

Apply Now with TheGuaranteedLoans

If you’ve determined that a payday loan is the right choice for you, consider working with TheGuaranteedLoans. We’re a connector service, not a direct lender, which means we connect borrowers with potential lenders. We simplify the process of applying for a loan by allowing you to fill out one easy online application that is sent to multiple lenders. This increases your chances of receiving a loan offer. By working with TheGuaranteedLoans, you’ll get access to a network of trustworthy lenders who will consider your application regardless of your credit score. Apply now and see if one of our lenders can help you get the funds you need.

F.A.Q.

Can I be denied a payday loan in Wright, Kansas for having bad credit?

No, payday loans in Wright, Kansas are not based on your credit score. However, if you have a history of defaulting on payday loans or other debts, the lender may decide not to extend a loan to you.

Can I be charged with fraud for not being able to repay a payday loan in Wright, Kansas?

No, you cannot be charged with fraud for not being able to repay a payday loan in Wright, Kansas. However, if you intentionally provide false information on your loan application, you may be subject to criminal charges.