Cash Store
cashstore.com
281 East US Route 6, Unit 110
Morris, Illinois 60450
Cash Store is a larger payday loan company that operates in seven different states including Illinois. Cash Store is a full service loan provider that offers three different types of loan including traditional payday loans. To get a loan with this company, you will have to visit a local branch but you can get a head start by filling out the online application. The benefit to completing the loan process in person is that you can typically leave the store with cash in hand.
What They Offer
Cash Store offers traditional payday loans but along with two other types of short-term loan. The normal payday loan is where you get cash now and pay the loan amount back in full, plus any interest charges and fees on your next payday. Title loans can net you a higher loan amount but you will have to sign over your car title to the company. You will make multiple payments and when you have paid it off, you get your car title back.
Installment loans are also offered by Cash Store and these are commonly called “signature” loans. These are usually larger than normal payday loans and you will agree to pay the full amount plus interest back in a series of payments.
Where They Are Located
Having over 50 locations in Illinois makes Cash Store easy to find. Most major cities will have a couple offices and the official website has a store locator so you can find an office near where you live. You can put in your zip code and a map to the closest stores will open up. You have to visit a physical office to complete the loan process.
You can save time by filling out the online application before driving to the store nearest you.
Rates/Terms
Cash Store has a few different loan types so their rates and terms will vary greatly depending on the type of loan you qualify for and the loan you choose to accept. Illinois law sets the maximum for traditional payday loans at $1000 or 15% of your gross monthly income. The standard fees come to $15.50 for every $100 borrowed.
If you opt for a different type of loan, you can use the website’s payday loan calculator to get an estimate of what you may qualify for. You will need to speak to a customer service representative to get the exact amount.
Additional Info
This company has many offers available if you click the “special offers” tab. If you are a new customer, you are eligible for 50% off the finance charges on your first loan. You can either print out the online coupon or simply write down the promotional code to take advantage of this. Returning customers can refer a friend to receive $50 for you and $50 for whoever you refer.
