Illinois Payday Loans
illinoispaydayloans.com
Online Company
Illinois Payday Loans is based in Florida and has been working with people seeking payday loans in Illinois since 2004. This website is just one of 50 sites that are part of the same company. On the small site, you’ll see some information about payday loans along with a quick rundown of the limits set in place in Illinois. This site aims to be very quick from the time you start the application to the time the money is available in your account. You don’t need to fax anything so this gives you a lot of freedom when filling out the application.
What They Offer
Illinois Payday Loans is very specialized. They only deal in payday loans so are able to work very quickly and connect you with a reputable lender within just a few minutes. You will have to fill out the quick application like any other site then speak to a loan specialist who will give you a few options and help you decide how much you can borrow and easily pay back on the specified time.
Where They Are Located
The headquarters for this company is located in Florida and there aren’t physical offices scattered around the country like other payday loan companies. This allows them to focus on maintaining a useful website that will always connect you to a lender as quickly as possible. A great thing about online companies is that they have to ability to help you secure a payday loan no matter where you are or what you’re doing. This makes it extremely easy to get some quick cash while traveling, on vacation or if you simply don’t want to leave the house.
Rates/Terms
The state of Illinois has spent a considerable amount of resources on regulating how payday loan companies operate so consumers are protected. The most you can borrow at one time is 15% of your monthly income or $1000 and you’ll have to pay back $15.50 for every $100 you borrow. Depending on when you get paid, you will have between 13 and 45 days to make sure the full amount plus interest is available in your bank account. If you don’t have it, you might end up paying all kinds of fees. It’s always a good idea to contact your lender as soon as possible if you think you won’t be able to make a payment on time.
Additional Info
This company maintains a very “no frills” website to ensure it loads quickly and can be accessed from a variety of different devices. It’s a good idea to try to stick to borrowing only amounts you feel you can pay back comfortably on your next payday. You don’t want to end up getting a payday loan every couple weeks.
