Payday Loans in Eagarville, Illinois

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No payday loan companies in Eagarville, IL. Consider companies in other cities:

Company nameAddressZip codePhone number
World Acceptance 1600 Golfview Dr, Collinsville, IL 62234 +1 (618) 343 - 0680
Peoples State Bank of Colfax 101 W Main St, Colfax, IL 61728 +1 (309) 723 - 2111
Old Second National Bank 850 Essington Rd, Joliet, IL 60435 +1 (877) 866 - 0202
Galesburg Burlington CU 476 E South St, Galesburg, IL 61401 +1 (309) 342 - 1775
Security Finance 122 Southtowne Shopping Ctr, Suite 6, Du Quoin, IL 62832 +1 (618) 542 - 8730
Woodforest National Bank 416 S Murray Rd, Rantoul, IL 61866 +1 (217) 892 - 4499
Security Finance 432 S Main St, Princeton, IL 61356 +1 (815) 872 - 5626
ABM Parking Services - Midwest Corporate Office 180 N LaSalle St 1700, Chicago, IL 60601 +1 (855) 234 - 0260
Nationwide Acceptance Corporation 890 N State St, Elgin, IL 60123 +1 (847) 622 - 0900
Check Into Cash 2157 W Jefferson St, Joliet, IL 60435 +1 (815) 730 - 9731

Payday Loan Companies in Nearby Cities

If there are no payday loan companies in Eagarville, IL, you can try to find different companies in big cities near by. Check out the following pages here: Payday Loans in Buffalo Grove, IL, Payday Loans in Calumet City, IL, Quick Loan in Carol Stream, IL, Short-term Loans in Carpentersville, IL, 24-Hour Loan in Champaign, IL, Online Loans in Chicago, IL, Payday Loans in Chicago Heights, IL and Payday Loan Without a Credit Check in Crystal Lake, IL. But also, you can apply for a loan online, not coming out of your home. Just fill out a simple application on our website and we will connect you with trusted direct lenders in Eagarville, IL.

Payday Loans Available in Eagarville, IL By The Following ZIP Codes:

62023

Are Payday Loans Legal In Eagarville, Illinois?

Loan Rates and Fees, Laws and Regulations in Illinois.

Illinois Loan Regulations

Legal StatusLegal
Interest Rate (APR, %)404
Maximum Loan Amount$1,000 (or 25% of the gross monthly income)
Minimum Loan Term13 days
Maximum Loan Term120 days
Number of Rollovers Allowed0
Finance Charges15.5% per $100

Eagarville, IL payday loan calculator

What You Need to Know About Payday Loans in Eagarville, Illinois

Payday loans can be a helpful solution when you need cash fast. Sometimes, unexpected expenses arise, and you may not have the funds to cover them. This is where payday loans come in. In Eagarville, Illinois, payday loans are legal and regulated by the state government.

What are Payday Loans?

A payday loan is a small, short-term loan that is typically due on your next payday. These loans are designed to help you get cash quickly and easily, without the need for a credit check or collateral. You can use the funds for any purpose, such as paying bills, covering emergency expenses, or making necessary purchases.

How do Payday Loans Work in Eagarville, Illinois?

In Eagarville, Illinois, payday lenders are regulated by the Illinois Department of Financial and Professional Regulation. The maximum amount you can borrow is $1,000 or 25% of your gross monthly income, whichever is less. The loan term is typically 13 to 45 days.

When you apply for a payday loan, you will need to provide the lender with your personal information, such as your name, address, and phone number, as well as your employment and income information. You will also need to provide your bank account information so the lender can deposit the funds directly into your account.

Once you are approved for a payday loan, the lender will provide you with the loan agreement. This agreement will include the loan amount, the fees, and the due date. Be sure to read the agreement carefully and understand the terms and conditions before agreeing to the loan.

What are the Requirements for Payday Loans in Eagarville, Illinois?

To be eligible for a payday loan in Eagarville, Illinois, you must be at least 18 years old and have a steady source of income. You will also need a valid ID, such as a driver’s license or passport, and a bank account in good standing. Some lenders may also require proof of residency.

What Should You Consider Before Taking Out a Payday Loan?

Payday loans can be a helpful solution in a financial emergency, but they also come with risks and potential drawbacks. Before taking out a payday loan, consider the following:

  • High interest rates: Payday loans can come with high interest rates, which can make them expensive. Be sure to understand the fees and interest rates before agreeing to the loan.
  • Limited loan amounts: Payday loans typically have a borrowing limit of $1,000 or less. If you need more money, you may need to explore other options.
  • Short repayment terms: Payday loans are designed to be repaid quickly, usually within 13 to 45 days. If you are unable to repay the loan on time, you may incur additional fees and charges.

Applying for a Payday Loan on TheGuaranteedLoans

TheGuaranteedLoans is a connector service that can help you find potential lenders in Eagarville, Illinois. To apply for a payday loan, simply fill out our online application form. We will then match you with potential lenders based on your needs and qualifications.

Keep in mind that TheGuaranteedLoans only connects you with potential lenders and does not make lending decisions or provide loans directly. Be sure to carefully review the loan agreement and understand the terms and conditions before agreeing to the loan.

Facts and Statistics about Payday Loans in Eagarville, Illinois

  • In Illinois, the average payday loan is $354, and the average interest and fees paid per loan is $476.
  • In 2019, over 300,000 payday loans were taken out in Illinois.
  • Eagarville, Illinois is home to several payday lenders, including Advance America, Check Into Cash, and TitleMax.
  • In Illinois, payday lenders are required to provide borrowers with a repayment plan option to help them manage their debt.

Apply Now for a Payday Loan in Eagarville, Illinois

If you are in need of cash fast, a payday loan may be the solution you need. Apply now on TheGuaranteedLoans and let us connect you with potential lenders in Eagarville, Illinois. Keep in mind that payday loans should be used responsibly and for emergency purposes only.

F.A.Q.

Can payday lenders in Eagarville, Illinois require borrowers to provide collateral in order to take out a loan?

No, in Eagarville, Illinois, payday lenders cannot require borrowers to provide collateral in order to take out a loan. Borrowers who are asked to provide collateral should be wary of the lender and consider alternative options.

What is a payday loan in Eagarville, Illinois?

A payday loan is a short-term, high-interest loan that is intended to be repaid on the borrower's next payday. These loans are typically offered by non-bank lenders, such as storefront lenders or online lenders, and are often used by people who need quick access to cash to cover unexpected expenses or to bridge a temporary gap in their finances.