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Fast Facts: Payday Lending in Kansas
Loan Terms:
- Optimum Loan Amount: $500.00
- Loan Term: 7-30 days
- Optimum Finance Fees and Rate: 15% of this principal amount
- Finance Charge for 14-day $100 loan: $15
- APR for 14-day $100 loan: 390%
Debt Restrictions:
Optimum amount of Outstanding Loans at any Time: Two