Illinois Online Installment Loans Rates & Terms. Illinois Speedy Cash loan agreements are governed by the State of Illinois.
Consumer Responsibilities. PAY BACK YOUR LOAN! Know when each payment is due and be sure to repay the loan on time and in full. Borrow only as much money as you can afford to fully repay on the repayment date. Read the contract thoroughly and be sure that you understand all the terms and conditions of the loan. If you do not understand any of the terms or conditions, ask the lender to explain them. Be sure that you have money in your checking account on the due date of the loan so that your check does not bounce when it is deposited.
Consumer Rights and Protections. You have the right to full disclosure in your contract of all fees and the annual percentage rate (APR). You can cancel a wage assignment at any time by contacting the lender. A lender cannot threaten to use the criminal process to collect on the loan.
Interest-Free Repayment Plan. If you still owe on one or more payday loans, other than an installment payday loan, after 35 days, you are entitled to enter into a repayment plan. The repayment plan will give you at least 55 days to repay your loan in installments with no additional finance charges, interest, fees, or other charges of any kind. For more information, you may download the Borrower's Guide to Small Consumer Loans and the Illinois Guide to Payday Loans from the Illinois Department of Financial and Professional Regulation.
BEWARE of Other Loans You May See. You may see other types of loans being offered in a loan store. Be very careful before borrowing money using these types of loans. Title Loans, Signature Loans and other loans can have high interest rates, excessive and hidden fees and few if any consumer protections. Be sure to carefully read the contract and understand what you are agreeing to.
Up To $1000 Cash Advance Loans.We Guarantee Instant, Cheap and Faxless Payday Loans!
- Lindsay Babcock. I regularly apply for payday loans. They suit me perfectly well as I’m the person who finds personal budgeting rather difficult.
- Offering payday loans, cash advances and check cashing from 60 store locations and online to customers in more than 20 states.
A payday loan (also called a payday advance, salary loan, payroll loan, small dollar loan, short term, or cash advance loan) is a small, short-term unsecured loan. Online Payday loans no credit check. Apply now to get payday loan up to 1000$ in your bank account! Instant approval and easy process. Get quick Loans in few minutes. Get an online payday loan. Apply by visiting our website. Faxless, fast and hassle-free.
Consumer Counseling and Debt Management Services. If you are having financial difficulty or a serious financial setback, help is available from a consumer credit counselor or a debt management company. To obtain a list of licensed debt management companies, contact the Division of Financial Institutions at 1-888-298-8089.
Illinois Department of Financial & Professional Regulation. Division of Financial Institutions. Consumer Credit Section. 100 W. Randolph, Suite 9-100. Chicago, IL 60601. Phone: 1-888-298-8089.
Illinois Installment Loan Questions. How much money can I get. Illinois residents may receive up to $500 with an online installment loan from Speedy Cash. How much will my loan cost. Payment amounts will vary depending on your loan length. The APR for an installment loan in Illinois is 360%. For example, if you borrow $500 for 6 months, and make two payments per month, then you will pay approximately $542 in fees — plus the amount you borrowed — which comes to $1,042 total.
However, if you choose to pay off your loan early, then your APR and fees will also decrease.