Consumer & commercial lending in Kansas

Who needs this in Kansas

A company that makes consumer loans to Kansas residents generally needs a supervised loan license from Kansas Office of the State Bank Commissioner when the product, rate, or amount crosses the state’s trigger. Banks and credit unions lending under a charter are usually exempt. Commercial-purpose loans often sit outside the consumer statute — confirm before you treat a business loan as unlicensed.

Where to file

Request the supervised-loan authority on NMLS through the Bank Commissioner. File in Kansas because the borrower lives there, not because your office does.

Federal overlay

TILA / Regulation Z, ECOA, FCRA, and CFPB supervision sit on top of the state license. A state license does not create a federal charter.

Sources

• NMLS / CSBS state agency contacts