Payday Loan Alternatives 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 $2,000*
Head to our Rates & Terms page to learn more.
Same-Day Deposit Available
If approved before 1:30 p.m. CT Monday – Friday†
Instant Decision*
Receive an immediate decision
Quick Application
Apply online in minutes
Kansas City Payday Loan Alternatives
A payday loan is one option for borrowers looking for fast cash in Kansas City. 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 — new customers in Missouri can qualify for up to $2,000.* Residents of Kansas can receive up to $3,000, if approved. New Kansas customers can qualify for up to $2,000.*
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 may be able to 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.
2Based on terms available to new customers. Actual terms may vary based on applicant's qualifications. For full product details, see Rates & Terms.
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.
2Based on terms available to new customers. Actual terms may vary based on applicant's qualifications. For full product details, see Rates & Terms.
3Visit our Kansas Rates & Terms Page for additional disclosures and terms.
How do I apply for a line of credit with CashNetUSA?
-
Apply online in just a few minutes.
-
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.
-
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.
-
Request a draw before 1:30 p.m. CT Monday – Friday, and you will generally receive funds that same business day.†
-
Repay gradually over time or in full. Pay the minimum payment every billing cycle, or pay more with no penalty and repay faster.
-
Increase your available credit as you repay, you’ll free up funds to draw again, up to your credit limit.
-
Draw from your available credit whenever you need funds.
Learn more about payday loan alternatives in Kansas City.
CashNetUSA’s line of credit. A line of credit 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.
Kansas City, Missouri residents can find assistance with housing, utility bills, food and more.
United Way of Greater Kansas City
4801 Main St.
Suite #425
Kansas City, MO 64112
Northland Assistance Center
2018 Gentry St.
North Kansas City, MO 64116
Catholic Charities
4001 Dr. Martin Luther King, Jr. Blvd.
Suite 250
Kansas City, MO 64130
Disclaimer - The named parties are not affiliates or agents of CashNetUSA. We make no representations, warranties or guarantees about the information or services provided by the named parties.
Kansas City, Kansas is home to organizations that provide employment help, housing assistance and meal services.
DCF Office Location for Wyandotte County
402 State Ave.
Kansas City, KS 66101
Economic Opportunity Foundation
950 Quindaro Blvd.
Kansas City, KS 66101
Bethel Neighborhood Center
14 South 7th Street
Kansas City, KS 66101
Disclaimer - The named parties are not affiliates or agents of CashNetUSA. We make no representations, warranties or guarantees about the information or services provided by the named parties.