Rates & Terms – Kansas

Kansas Rates & Terms

Kansas Sunshine Loans loan agreements are governed by the State of Kansas.

Advance Amount:
Total Days with Balance:
Total Finance Charge: $6.90
Minimum Payment Due: $16.90
Pay in Full Amount: $106.90
APR**: 360%

Online Line of Credit Loan Questions:

How much money can I borrow?

Eligible Kansas residents may be eligible to receive up to $500 on their first line of credit from Sunshine Loans. Recipients who have successfully paid off the balance of their line of credit may be eligible to receive an increased line of credit up to $1,500.

How much will my loan cost?

For a Sunshine Loans line of credit, fees are calculated based on daily interest. The minimum loan payment on your line of credit will be 2% of the principal amount, plus the daily accrued interest of 0.9863014%. Daily accrued interest of 0.9863014% corresponds to a rate of about 30% per month or 360% annually. To maximize the benefits on your line of credit and reduce the amount of daily interest you will be required to pay, Sunshine Loans recommends making payments on time or paying off your balance in full early when possible.

When will my loan be due?

To simplify the repayment process, your line of credit payments will typically be scheduled on or after your payday, generally weekly, bi-weekly, or monthly. Borrowers will be required to make the minimum payment due but may opt to pay a larger amount in order to pay down the balance quicker and avoid additional interest.

How can I get more cash?

A line of credit is flexible, meaning that as long as the line of credit is open and you are completing the required minimum payments, you will be able to withdraw additional funds up to your credit limit. As you make additional payments towards the principal balance, the amount available to withdraw on your line of credit will also increase.

Kansas Sunshine Loans loan agreements are governed by the State of Kansas.

Advance Amount:
Fee Amount: $15.00
Total of Payments: $115.00
APR**: 391.0714% for a 14 day loan.
182.5% for a 30 day loan.
**Annual Percentage Rate: The APR is the total cost of your loan expressed as a yearly rate. The APR will increase if the actual loan term is shorter than these examples, and will decrease if your loan term is longer.

Online Payday Loan Questions:

How much money can I get?

Residents of Kansas may be eligible to receive up to $500 with an online payday loan from Sunshine Loans.

When will I have to pay back my loan?

A payday loan is only meant to satisfy your short-term cash needs and will be due to be paid back on your next pay day. In accordance with Kansas law, Deferred Presentment transactions cannot be made for a term that exceeds 30 days.

Can I get an extension on my loan?

Your loan must be paid in full on your due date. If you cannot make your payment, please contact us before the due date to discuss your options. If you find yourself in need of more money, you may be eligible to re-apply once your previous balance is paid in full.