Payday Loan Alternatives in Wichita
Consider a line of credit from Neighborhood Trust
Neighborhood Trust offers lines of creditup 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
Wichita residents have other options to help with their financial needs.
There are alternatives to payday loans available in Kansas, such as a line of credit from Neighborhood Trust A line of credit differs from a typical loan. It’s a form of revolving credit that allows borrowers to tap into funds as they need them. With a line of credit, you can request a draw and have the funds deposited into your bank account. When you repay the loan, the funds become available to borrow again.
A line of credit allows for more flexible borrowing than a payday loan. You can draw the amount you need and leave what you don’t. As long as you haven’t hit your credit limit, you’ll have funds available to help you navigate financial difficulties without reapplying to borrow more. With a line of credit, you also don’t need to repay the full amount in one payment. You can repay gradually in smaller amounts.
Wichita Payday Loan vs. Neighborhood Trust ’s 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.
Want to apply for a line of credit with Neighborhood Trust ?
We’ve got a simple online loan application process you can complete in just a few minutes. If approved, you could get your funds as soon as the same business day!†
What are the risks of taking out a payday loan?
Payday loans are considered an expensive form of borrowing because they often come with high finance charges or interest rates attached. This, along with very short loan terms, can make it difficult for borrowers to make the repayment in full. This can lead to late fees and other charges that can increase the cost of borrowing.
Before taking on any high-interest loan, borrowers should consider all their options.
Neighborhood Trust offers fast, reliable credit and more.
Our mission is to provide hardworking people with access to credit. We’re a leading provider of installment loans and lines of credit, catering to a number of states throughout the U.S.
Proven Track Record
As part of the public company Enova (NYSE:ENVA), we’ve helped more than 4 million customers over our 15+ years in business.
Data Security
Your privacy is our top priority. We keep your information safe with a network protected by TrustedSite®.
Customer Support
If you ever need help, our U.S.-based customer service team is here seven days a week to answer any questions.
Learn more about payday loan alternatives in Wichita.
Neighborhood Trust ’s line of credit. A line of credit can be a good alternative to a payday loan for Kansas residents — especially if you find yourself reapplying for additional loans. A line of credit offers ongoing access to funds you can tap into as needed. As you repay the funds, your credit limit will replenish and you can borrow again without needing to reapply.
Installment loan. An installment loan can offer a higher loan amount than a payday loan and can be a good alternative for large one-time expenses. Installment loans are a type of personal loan. The money will be deposited into your account upfront. While interest rates can still be high, the longer loan term lengths allow you to pay the loan back gradually instead of all at once.
Title loan. A title loan is a secured loan. Your vehicle acts as the collateral to secure the loan. You’ll get a set amount of money up front that typically needs to be repaid in one payment within 15 to 30 days in Kansas. These can be a risky form of borrowing because if you default on the loan, the lender can seize and sell your car to recoup their losses.
Pawn shop loan. A pawn shop loan is a small-dollar cash loan. It’s also a type of secured loan. You can take an item of value to certain pawn shops and in return they will give you a loan for a percentage of the value of the item. If you fail to return to repay the loan, the shop will sell your item. Make sure you understand how pawn shop loans work before borrowing. Pawn shop loans can be an alternative option for people without a bank account.