Payday Loans in Lomax, Illinois

Payday Loan Companies in Lomax, IL

Company nameAddressZip codePhone number
Illinois Title Loans, Inc. RR 6 Box 21 61454 +1 (217) 449 - 3777

Payday Loan Companies in Nearby Cities

If there are no payday loan companies in Lomax, IL, you can try to find different companies in big cities near by. Check out the following pages here: Payday Loans in Waukegan, IL, Payday Loans in Wheaton, IL, Payday Loans in Wheeling, IL, Payday Loans in Woodridge, IL, Payday Loans in Addison, IL, Payday Loans in Algonquin, IL, Payday Loans in Arlington Heights, IL and Payday Loans in Aurora, 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 Lomax, IL.

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

61454

Are Payday Loans Legal In Lomax, 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

Lomax, IL payday loan calculator

F.A.Q.

How do payday loans work in Lomax, Illinois?

To obtain a payday loan in Lomax, Illinois, borrowers typically have to provide proof of income, a valid ID, and a checking account. The lender will then advance the borrower a small amount of money, typically up to $1,000, which must be repaid on the borrower's next payday. The loan will typically include fees and interest charges, which can make it expensive to repay.

Are payday loans legal in Lomax, Illinois?

Yes, payday loans are legal in Lomax, Illinois, but they are subject to certain regulations designed to protect borrowers from predatory lending practices. For example, Illinois law limits the amount of interest and fees that can be charged on payday loans, and it requires lenders to disclose the terms of the loan to the borrower before the loan is made.

How Many Cash Advance Companies are in Lomax, IL?

With the help of our service, you will be able to find 1 cash advance companies in Lomax, IL

What Cash Advance Companies in Lomax, IL are the most popular?

You should check Illinois Title Loans, Inc.. Also, you can start your application online on our website.

Look for Short-Term Loans in Other Cities:

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Customer Notice: Cash advance loans should be used for short-term personal requirements primarily, not as long-term budgetary remedies. Clients together with credit score issues ought to look for credit advice. Subject to state regulations, qualification, credit check, underwriting and approval. Rates, terms and conditions apply

Client Guidance: Payday loans are generally designed as a temporary financial bridge that allows individuals to borrow a modest amount of money until their next paycheck arrives. This type of loan is often used as an immediate financial remedy for unforeseen expenses, especially for those lacking a financial cushion or significant savings. If you find yourself struggling to manage your finances and considering a payday loan, it's crucial to consult with a qualified financial advisor. It's also important to familiarize yourself with the specific payday loan laws in your jurisdiction.

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