Loan Shack® is Missouri's premier direct lender for all your online cash advance needs. Whether you have a good or bad credit history, we have a short term loan option for you. Apply now to start our fast payday advance approval process.

Missouri Payday Loan Amounts

In Missouri, the minimum loan amount we lend is $200.00, the maximum is $500.00. Based on your income and other factors, payday loan limits will be determined on an individual basis.

Missouri Payday Loan Costs

The cost of our payday loans in Missouri, is $20.00 per $100 borrowed. The Annual Percentage Rate ("APR") will vary depending on the length of your loan (see table below).

APR and Fee Schedule

The table below shows the Annual Percentage Rate ("APR") and Fees Charged for our Missouri loan amounts ranging from $200.00 to $500.00, with a fee of $20.00 per $100.00 borrowed, and loan terms ranging from 14 to 31 days in length.

Prepayment

You can prepay this payday loan in full or in part at any time without penalty by calling Lender toll-free at 866-797-4225. If you pay off early, you may be entitled to a refund of unearned Finance Charges. Daily interest will be determined by applying the contract rate of interest to the principal balance and dividing that result by the number of days in the year. No additional charges will be imposed for prepayment. Any partial payment will be applied first to fees, then to interest, and then to principal.

Missouri Payday Loan Renewals

Loans may be renewed only upon your request. You may renew this loan for such length of time as Lender deems appropriate. A loan may not be renewed more than four (4) times. In order to renew the loan, you must request a renewal and pay any outstanding finance charges and fees and at least twenty percent (20%) of the principal sum of the loan. The renewal loan will be subject to a finance charge in accordance with Lender’s fee schedule.

Payday loan renewal requests must be received by 5:00 PM Central Time on your due date.

When your renewal loan becomes due, we will electronically deduct the payday loan amount and the corresponding fees from your bank account.

The total time duration of the payday loan, including the renewals, may not exceed 84 days from the origination date.

Missouri License

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If you have any complaints or concerns about your payday loan or Lender's loan practices, you may contact the Missouri Division of Finance, Consumer Credit Section PO Box 716, 310 W. High Street, Jefferson City, MO 65102 (573) 751-3242.