Kansas pawn loan calculator
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EstimateKansas
$50
maximum charge for the first month
- Total charges
- $50
- To get your item back
- $550
- Monthly rate
- 10.0%
Maximum allowed by state law. A pawn shop can charge less; your pawn ticket shows the real amount.
Pawn shops by city in Kansas
Kansas pawn loan rules
| Maximum charge | Up to 10% a month, on loans of up to $5,000. |
| Loan term | One month. |
| Renewals | Renewable by paying the monthly charge. |
| Other fees | No insurance or other charges of any kind. |
What a pawn loan costs in Kansas
| Loan | First month (max) | To redeem after 1 month |
|---|---|---|
| $100 | $10 | $110 |
| $250 | $25 | $275 |
| $500 | $50 | $550 |
| $1,000 | $100 | $1,100 |
| $2,000 | $200 | $2,200 |
These are ceilings. The charge on your pawn ticket can be lower, and the ticket must show it with the annual percentage rate. To see two or more months, change the months in the calculator above.
Before you pawn in Kansas
- Bring a valid government-issued photo ID.
- Ask for the total to redeem on the due date and the last day of the grace period.
- Compare at least two shops: see pawn shops in Wichita or Kansas City.
- Read how pawn loans work and what happens if you don't pay.
Questions
How much does a $500 pawn loan cost in Kansas?
At the legal maximum, $50 for the first month, so $550 to get the item back after one month. A $1,000 loan costs up to $100 for the first month. Shops can charge less.
How many pawn shops are listed in Kansas?
24 pawn shops in 3 cities: Wichita, Kansas City, Topeka.
Sources
- K.S.A.16-719: kslegislature.gov