Title Loans in Rantoul, Kansas

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No title loan companies in Rantoul, KS. Consider companies in other cities:

Company nameAddressZip codePhone number
PrimeLending, A PlainsCapital Company 1201 Wakarusa Dr Building A, Suite 4, Lawrence, KS 66049 +1 (785) 856 - 1231
Express Cash 2023 1/2 W 6th Ave, Emporia, KS 66801 +1 (620) 342 - 7800
Advocate of Phillips County 265 F St, Phillipsburg, KS 67661 +1 (785) 543 - 2349
Farmers Bank & Trust 1017 Harrison St, Great Bend, KS 67530 +1 (620) 792 - 2411
Security 1st Title 414 E River St, Eureka, KS 67045 +1 (620) 583 - 5020
Lyon County State Bank 902 Merchant St, Emporia, KS 66801 +1 (620) 342 - 3523
First American Title 108 N Pennsylvania Ave, Independence, KS 67301 +1 (620) 331 - 1440
LendNation 932 W 6th St, Junction City, KS 66441 +1 (785) 238 - 1419
Community Bank of the Midwest 4107 10th St A, Great Bend, KS 67530 +1 (620) 792 - 5111
First National Bank 210 Bird Ave, Bird City, KS 67731 +1 (785) 734 - 2100

Title Loan Companies in Nearby Cities

If there are no title loan companies in Rantoul, KS, you can try to find different companies in big cities nearby. Check out the following pages here: Title Loans in Shawnee, KS, Car Title Loans in Topeka, KS, Car Title Loans in Wichita, KS, Car Title Loans in Hutchinson, KS, Car Title Loans in Kansas City, KS, Title Loans in Lawrence, KS, Car Title Loans in Leavenworth, KS and Car Title Loans in Leawood, 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 Rantoul, KS.

The Ins and Outs of Title Loans in Rantoul, Kansas

If you’re in need of quick cash, you might be considering a title loan. Title loans are a legal and popular option here in Kansas. But before you take out a title loan in Rantoul, there are a few things you need to know.

What are Title Loans?

A title loan is a type of secured loan where you use your vehicle as collateral. To get a title loan, you’ll need to provide your lender with the title to your vehicle, and they will give you cash in exchange. You’ll typically have 30 days to repay the loan, plus any interest and fees.

How Do Title Loans Work in Rantoul?

In Rantoul, title loans are regulated by the Kansas Office of the State Bank Commissioner. According to state law, lenders are allowed to charge up to 25% interest per month on title loans, with a maximum loan term of 30 days. If you can’t repay the loan on time, you may be able to roll it over for an additional fee.

It’s important to note that there are some restrictions on title loans in Kansas. For example, lenders cannot charge prepayment penalties, and they must provide you with a written agreement that outlines the terms of the loan.

Pros and Cons of Title Loans in Rantoul

Like any financial product, title loans have their advantages and disadvantages. Here are a few things to keep in mind:

Pros

  • Quick access to cash
  • No credit check required
  • You can still use your car while the loan is outstanding

Cons

  • High interest rates and fees
  • You could lose your car if you can’t repay the loan
  • Risk of falling into a debt trap if you roll over the loan

Interesting Facts and Statistics About Title Loans in Rantoul, Kansas

  • According to the Consumer Financial Protection Bureau, the average title loan in Kansas is for around $950.
  • A study by the Pew Charitable Trusts found that the average title loan borrower in Kansas takes out eight loans per year, spending an average of $300 in interest and fees per loan.
  • In 2019, the Kansas legislature considered a bill that would have capped interest rates on title loans at 36%. The bill did not pass.

Apply Now for a Title Loan in Rantoul, Kansas

If you think a title loan might be right for you, TheGuaranteedLoans is here to help. We are a connector service that can help you find potential lenders in Rantoul, Kansas.

Applying is easy – simply fill out our online application form, and we will connect you with lenders who may be able to offer you a title loan. Keep in mind that TheGuaranteedLoans is not a direct lender, and we do not make credit decisions or provide loans ourselves.

Good luck, and we hope this information helps you make an informed decision about title loans in Rantoul!

Beautiful sights of Rantoul, KS

Title Loans Available in Rantoul, KS By The Following ZIP Codes:

66079

Rantoul, KS title loan calculator

Frequently Asked Questions About Car Title Loans in Rantoul, Kansas

Are there any restrictions on how long I can have a title loan in Rantoul, Kansas?

in Rantoul, Kansas, title loans are typically limited to 180 days, with the option to extend the loan for an additional 180 days if necessary. However, some lenders may offer longer loan terms, so it's important to carefully review the terms and conditions of your loan before accepting it.

Can I get a title loan on a vehicle that has been in an accident in Rantoul, Kansas?

In most cases, you can get a title loan on a vehicle that has been in an accident in Rantoul, Kansas, as long as the vehicle is still in good working condition and has a clear title. However, the value of the vehicle may be affected by the accident, which could affect the amount you are able to borrow.