Cottonwood Falls at a glance
- Population: 854 — 213th in Kansas, which has 625 Census places (US Census Bureau, Vintage 2023).
- 2020 Census base: 849 residents at the 2020 Census (US Census Bureau, 2020 count).
- 2020 to 2023 change: up about 0.6% from the 2020 Census base to the 2023 estimate (US Census Bureau).
- Rank among Kansas places: 213th out of 625 Census places (US Census Bureau).
- Size percentile: larger than about 66% of the Census places in Kansas (US Census Bureau).
- Coordinates: 38.3682 / -96.5428, per the US Census Bureau Gazetteer.
- Nearest larger cities within 120 miles: Emporia, KS (19 mi); Council Grove, KS (21 mi); Marion, KS (25 mi); Herington, KS (27 mi); Peabody, KS (33 mi) (US Census Bureau).
- Smaller towns nearby: Strong City, KS (2 mi); Elmdale, KS (6 mi); Matfield Green, KS (14 mi) (US Census Bureau).
What a personal loan costs in Cottonwood Falls
A personal loan gives you the full amount at once and spreads repayment over a set number of months at a fixed payment.
APR, not the simple interest rate, reflects what the loan actually costs once fees are included; the personal loan calculator puts a figure on it.
Your credit, income and existing debts drive the rate a lender offers, while the term you pick sets how much interest builds on top.
Shop with more than one lender and treat pre-qualification as an estimate, since the final terms follow a full application.
Kansas lending rules that apply in Cottonwood Falls
Every figure in the table below is sourced to a publisher with a date; where a state does not publish a number, we say so rather than estimate.
| Rule | Detail | Source |
|---|---|---|
| Maximum legal interest rate (usury cap) | 15% per annum (general contract-rate ceiling for written instruments) Source says: "may stipulate therein for interest receivable ... at a rate not to exceed 15% per annum unless otherwise specifically authorized by law". | Kansas Office of the Revisor of Statutes as of 2026-09-16 |
| Payday lending status | Permitted under license (payday cash advances of $500 or less; charge capped at 15%) Source says: "a licensed or supervised lender may charge an amount not to exceed 15% of the amount of the cash advance". | Kansas Office of the Revisor of Statutes as of 2026-09-16 |
| Small-loan / installment lender licensing | Supervised lender license required (supervised loans) Source says: "Unless a person is exempt from licensing ... such person shall not engage in the business of: (a) Making supervised loans". | Kansas Office of the Revisor of Statutes as of 2026-09-16 |
| State lending regulator | Kansas Office of the State Bank Commissioner (OSBC) Source says: "The Office of the State Bank Commissioner regulates all state-chartered banks, trust companies, mortgage businesses, supervised lenders, credit service organizations, earned wage access service providers, and money transmitters". | Kansas Office of the State Bank Commissioner as of 2026-09-16 |
| UCCC consumer loan rate caps | 36% on first $860 of unpaid balance; 21% above $860 (closed-end consumer loans) Source says: "36% on the unpaid principal balance which is $860 or less, and 21% on the unpaid principal balance which exceeds $860". | Kansas Office of the State Bank Commissioner as of 2026-09-16 |
How to compare offers in Cottonwood Falls
A few practical steps will make the process in Cottonwood Falls less costly:
- Pull your free credit reports and dispute any error — it is the cheapest way to improve the rate you are offered.
- Run your figures through the personal loan calculator on this site so you know the payment before a lender quotes one.
- Pre-qualify with at least three lenders and compare the APR, not the interest rate.
- Check that the lender is licensed in Kansas using the regulator named above.
- Read the disclosure for origination fees and any prepayment penalty before you sign.