Payday & Installment Loans in Medicine Lodge, Kansas
Payday and installment loans in one short form, offers from licensed lenders, and money sent to your bank account if you are approved.
Estimate uses the maximum fee Kansas law allows (up to 15% of the amount of the cash advance). Some lenders charge less. A typical two-week loan with a $15 per $100 fee has an APR near 400%. Your offer may differ.
Check my offers- Kansas lenders must be licensed by the state
- Full cost and APR shown before you sign
- All credit types can apply; lenders may check credit
Medicine Lodge residents can request payday loans of $100 to $500 online in a few minutes and see the full cost before deciding. Kansas caps payday loans at $500. Fee limit: up to 15% of the amount of the cash advance. At the maximum fee, a $300 loan means about $345 due on your next payday. The median household here earns $59,392, 20% below the Kansas median, so that repayment would take about 15% of a typical two-week paycheck. Medicine Lodge has 2 bank branches, but you do not need to visit one: the whole request is online.
Why request online
Payday Loans in Medicine Lodge: the short answer
Installment loans in Medicine Lodge
Need more than $500 or more time to repay? Kansas also allows consumer installment loans from licensed lenders, repaid in fixed monthly payments. Closed-end consumer loans: finance charge may not exceed 36% a year (actuarial method). Payday loans under 16a-2-404 are governed separately.
- A payday loan fits a small, one-off gap you can repay in full on your next payday.
- An installment loan fits a larger amount or a budget that needs smaller monthly payments; check the total interest before you sign.
- Installment lenders need a license: Supervised loan license from the Office of the State Bank Commissioner (OSBC), K.S.A. 16a-2-301.
Illustration only. Your lender must disclose the APR, payment schedule and total cost before you sign.
How it works
What a $300 loan means for a typical Medicine Lodge budget
At the maximum fee Kansas allows, a $300 loan means about $345 due on your next payday.
Renters in Medicine Lodge already spend a median 30.6% of income on rent. If the repayment would leave you short on rent or bills, a smaller amount or a longer-term option below usually costs less.
Illustration only. Your fee, APR and term come from the lender and must be disclosed before you sign. Census estimates for small towns have wide margins of error, so treat local figures as approximate.
Medicine Lodge, KS: Local Financial Snapshot
City-level ACS dataLocal economic and housing context for Medicine Lodge. Figures use the latest 2020–2024 American Community Survey 5-Year release available for small-area comparison.
Source: U.S. Census Bureau, American Community Survey 2020–2024 5-Year. Tables B01003, B19013, B25064, B25071, B17001 and B23025. City-level payday-loan volume is not consistently published for every U.S. locality, so no local borrowing count is estimated here.
Your protections in Medicine Lodge
- Maximum loan amount: $500.
- Fee limit: Up to 15% of the amount of the cash advance.
- Loan term: 7 to 30 days.
- Renewals: A payday loan may not be repaid with the proceeds of another payday loan from the same lender or a related company.
- Waiting period: No cooling-off period; no more than 3 loans to one borrower in any 30 days, and none during an extended payment plan.
- Payment plan: One extended payment plan per 12 months: at least 4 equal installments, no added interest or fees.
- Loan limits: No more than 2 loans outstanding per borrower with one lender and its related companies; lender keeps a borrower journal. No statewide database in the statute.
- Lenders must hold a license from the Office of the State Bank Commissioner (OSBC) and disclose fees and APR before you sign.
Lower-cost options in Medicine Lodge
Financial Locations in and near Medicine Lodge, KS
Select an address to display that exact location on the map.
Payday Loans near Medicine Lodge
Requests work the same from any of these nearby Kansas towns; distances are straight-line from Medicine Lodge.
- Sharon, KS10 mi · pop. 133 · median income $68,750
- Isabel, KS12 mi · pop. 93 · median income $62,132
- Lake City, KS13 mi
- Nashville, KS14 mi · pop. 57
- Sawyer, KS16 mi · pop. 76 · median income $39,792
- Hazelton, KS16 mi · pop. 103 · median income $45,000
Other Barber County towns:
What borrowing looks like in Medicine Lodge
Worked out from local Census income and rent figures and state lending rules, so you can plan before you apply.
How much does a $1,000 installment loan cost per month in Medicine Lodge?
See the math
As a regulated installment loan at the Kansas limit of 36% APR over 12 months, $1,000 costs about $100.46 a month, or $205.55 in interest in total. That is 2.0% of the median Medicine Lodge household income of $4,949 a month. Your lender shows the exact APR and total cost before you sign.
Is it harder to cover bills in Medicine Lodge than in the rest of Kansas?
See the local numbers
Median household income in Medicine Lodge is $59,392, 20% below the Kansas median, and median rent is $841 a month (21% below the state). Renters here spend a median 30.6% of income on rent, so compare any monthly loan payment with what is left after rent and utilities.
Payday or installment loan: which costs less in Medicine Lodge?
See the math
A $500 payday loan at about $15.00 per $100 costs about $75.00 for two weeks, due in one payment of $575.00. As a regulated installment loan at the Kansas limit of 36% APR over 6 months, $500 costs about $92.30 a month and $53.79 in total interest. The payday loan is shorter; the installment loan is easier on a monthly budget if you cannot repay everything on your next payday.
Do I need to visit a store to get a loan in Medicine Lodge?
How it works
No. The whole request is online and takes a few minutes. The nearest financial locations listed on this page are about 19 miles from Medicine Lodge, but if a lender approves you, money is usually sent by direct deposit, often by the next business day.
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Questions people ask
Are payday loans legal in Medicine Lodge, Kansas?
Yes. Kansas licenses lenders through the Office of the State Bank Commissioner (OSBC) under K.S.A. 16a-2-404 (payday loans).
How much can I borrow in Medicine Lodge?
Up to $500 under Kansas law. The lender sets your amount based on your income and state rules.
How much does a payday loan cost in Kansas?
Fee limit in Kansas: up to 15% of the amount of the cash advance. At $15 per $100, a $300 two-week loan costs $45, about 391% APR.
Where can I complain about a lender in Kansas?
Contact the Office of the State Bank Commissioner (OSBC) at (785) 380-3939 or submit a complaint to the CFPB at consumerfinance.gov/complaint.
It takes a few minutes and costs nothing to ask. You decide after you see the full cost.
Check my offersWe pass your request to participating lenders. A request does not guarantee an offer; approval, amount and funding time depend on the provider.
Sources
State rules, regulator contacts and legal sources are listed on the Kansas page. Local income and housing figures: U.S. Census Bureau, American Community Survey 2020–2024.