Payday Loans in Kansas City
A line of credit may be right for you.
CashNetUSA offers lines of credit
Missouri Line of credit limits up to $2,000*
Kansas Line of credit limits up to $1,900*
Head to our Rates & Terms page to learn more.
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If approved before 1:30 p.m. CT Monday – Friday†
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Kansas City Payday Loans and Alternatives
A payday loan is one option for borrowers looking for fast cash in Kansas City. Payday loans can provide up to $500 in both Missouri and Kansas. However, the funding amount usually must be paid back — in full — after just a couple weeks.
A line of credit from CashNetUSA may be a better option.
If approved, Missouri residents can receive a credit limit from $550 to $2,800 — most new customers in Missouri receive a limit up to $2,000.* Residents of Kansas can receive up to $3,000, if approved. Many new Kansas customers receive up to $1,900.*
Apply now for a line of credit from CashNetUSA.
Why is a line of credit a good alternative to a payday loan?
Some consumers may find that the amount you can borrow through a payday loan isn’t enough. Or they may find that they’re reapplying for these short-term loans multiple times throughout the year.
A line of credit works more like a credit card. You’ll be approved for a credit limit that you can draw funds from when you need to. As you repay, those funds become available to draw again. This means that as long as you haven’t reached your limit, you’ll have access to the funds you need.
What are the potential risks of a payday loan?
Payday loans are often a risky form of borrowing. They typically come with high interest rates and usually need to be repaid in just a few weeks. This combination of high interest rates and short term lengths can lead to large payments that could be difficult for borrowers to cover.
You can extend a payday loan if you find that you aren’t able to repay, but this can add to the cost of borrowing. Because payday loans typically need to be repaid in full, borrowers may be forced to roll over the loan.
Other borrowing options, like a line of credit, may be a better option. They allow borrowers to break up payments over longer periods of time, meaning they may be easier to fit into a budget.
Missouri Payday Loan vs. CashNetUSA’s Missouri Line of Credit
1Based on information from Pew Charitable Trusts. Actual terms may vary based on applicant's qualifications.
2See Rates & Terms page for full details.
Kansas Payday Loan vs. CashNetUSA’s Kansas Line of Credit
1Based on information from Pew Charitable Trusts. Actual terms may vary based on applicant's qualifications.
2See Rates & Terms page for full details.
How do I apply for a line of credit with CashNetUSA?
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Apply online in just a few minutes.
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Receive an instant decision.* You may need to send in additional documents like paystubs or other proof of income if more information is required to make a lending decision.
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If approved, receive a credit limit and draw money from your line of credit. There’s a minimum draw of $50. You can draw as many times as you want, whenever you want, up to your available credit limit.
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Request a draw before 1:30 p.m. CT Monday – Friday, and you will generally receive funds that same business day.
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Repay gradually over time or in full. Pay the minimum payment every billing cycle, or pay more with no penalty and repay faster.
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Increase your available credit as you repay, you’ll free up funds to draw again, up to your credit limit.
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Draw from your available credit whenever you need funds.
Learn more about payday loans in Kansas City.
The maximum loan amount offered by payday loans is $500 in both Kansas and Missouri. You can find online payday loans and loans offered in stores throughout Kansas City.
These stores may also offer other loan services or financial solutions like personal loans or check cashing.
Yes, to sign a payday loan agreement in Kansas City you must be 18 years old, have a verifiable source of income and an active bank account. Some payday lenders may have additional requirements as well.
During the loan application process, the lender will likely ask for an ID to prove you are of age and verify your identity. They may also ask you to provide pay stubs or some documentation that shows you have a source of income to repay the loan with. Loan lenders will also ask for your checking account information to make sending and receiving money easier.
No, Missouri law states that borrowers may only have one outstanding payday loan at a time. This law protects consumers from taking on multiple loans with high interest rates.
If you need more cash than you’re able to borrow through a payday loan, you can consider another loan option.
Yes, you may have two outstanding payday loans in the state of Kansas. Though you should be aware that no lender may give a customer more than three loans within 30 days. This is known as a “cooling off” period.
Line of credit. A line of credit (like the ones offered by CashNetUSA in Kansas City) could be a good option for those looking for fast credit. They can offer a larger dollar amount than a payday loan and you only pay interest and fees on the amount that you draw.
Personal installment loan. A personal installment loan offers the borrower an upfront lump sum of cash that is repaid over time. They can make repayment easier, breaking it up into smaller chunks rather than requiring repayment all in one payment.
Title loan. A title loan also offers cash up front. But the loan providers will ask for your car title as collateral. You’ll typically only have about 30 days to repay the loan and if you fail to repay, the lender can seize and sell your vehicle to recoup the money lost.
Payday loans, title loans and other loans with high interest rates can be a lifeline in an emergency, but they can also be an expensive form of borrowing. Be sure to consider your financial needs and the pros and cons of each type of loan before deciding if this is the right option for you.
If you have bad credit, you can still be approved for a payday loan. Most payday loan companies don’t have a credit score requirement and they likely won’t run a credit check with any of the major bureaus.
Payday loan lenders and other direct lenders may however run their own financial checks when determining approval. Typically, these are pretty hassle-free and will be taken care of during the loan application process. It could include asking for documents that verify you have an income or running an alternative credit check.