Rolla at a glance
- Population: 371 residents, the 322nd-largest of 625 places in Kansas (US Census Bureau, Vintage 2023).
- 2020 Census base: 387 people (US Census Bureau, 2020 Census count).
- 2020 to 2023 change: a decline of roughly 4.1% between the 2020 count and the 2023 estimate (US Census Bureau).
- Rank among Kansas places: 322nd in population of 625 places (US Census Bureau).
- Size percentile: it is larger than about 48% of the places in Kansas (US Census Bureau).
- Coordinates: 37.1179, -101.6318 (Census Gazetteer, US Census Bureau).
- Nearest larger cities: Hugoton, KS (16 mi); Elkhart, KS (16 mi); Hooker, OK (29 mi); Guymon, OK (31 mi); Johnson City, KS (32 mi) — straight-line distances, US Census Bureau populations.
- Nearest smaller towns: Richfield, KS (13 mi); Moscow, KS (27 mi); Optima, OK (29 mi) — US Census Bureau populations.
What a personal loan costs in Rolla
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, 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.
Set the loan amount from the expense itself rather than the maximum you are approved for, and keep the payment within your existing budget.
Kansas lending rules that apply in Rolla
The table carries the Kansas rate and licensing rules that apply to consumer loans made in Rolla.
| Rule | Detail | Source |
|---|---|---|
| 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 |
| 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 |
How to compare offers in Rolla
Run through this list before signing anything in Rolla:
- 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.