Horace at a glance
- Population: 92, the 510th-largest community in Kansas out of 625 (US Census Bureau, Vintage 2023).
- 2020 Census base: 100 people at the 2020 Census, the baseline for the trend below (US Census Bureau).
- 2020 to 2023 change: about 8.0% lower than the 2020 Census base (US Census Bureau).
- Rank among Kansas places: 510th largest of 625 (US Census Bureau).
- Size percentile: ahead of around 18% of Kansas places in population terms (US Census Bureau).
- Coordinates: 38.4768 / -101.7905, per the US Census Bureau Gazetteer.
- Nearest larger cities (120-mile radius): Tribune, KS (2 mi); Leoti, KS (23 mi); Sharon Springs, KS (29 mi); Holly, CO (34 mi); Syracuse, KS (36 mi) (US Census Bureau).
- Nearest smaller communities: Sheridan Lake, CO (27 mi); Wallace, KS (32 mi); Coolidge, KS (32 mi) (Census populations).
What a personal loan costs in Horace
Unlike a revolving credit card, a personal loan is closed-end: the balance falls on a fixed schedule and the payment does not change.
APR is the figure that lets you compare like with like, since it wraps fees into the rate; run your own numbers with the personal loan calculator.
The term is the lever: extend it and the payment falls while total interest climbs; shorten it and the reverse happens.
Pre-qualifying with several lenders takes minutes, uses a soft pull, and gives you real numbers to compare before any hard inquiry.
Kansas lending rules that apply in Horace
Read the table as the compliance picture for a lender serving Horace: label, sourced figure, publisher and date.
| Rule | Detail | Source |
|---|---|---|
| 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 |
| 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 |
How to compare offers in Horace
Before you share your details with a lender in Horace:
- 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.