Payday Loans in Norris, Illinois

All Credits Welcome!

If you have a bad credit score, then don’t worry – it’s not an issue for us!

TGL Loan Services

You can get your money fast after filling out the simple form on the "Get Started" page! Lenders cannot guarantee the approval, but they could approve your loans, even if you are unemployed, receiving government benefits.

Fast Money In Your Bank

You can get your money within hours after filling out the form! We work 24/7 for you!
  • This form is protected with secure 256-bit SSL encryption
  • By clicking “Get Started”, I consent and agree to the Privacy Policy and Terms of Use.

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

Company nameAddressZip codePhone number
Citizens National Bank 10 W Elm St, Albion, IL 62806 +1 (618) 445 - 2344
PLS Loan Store 6322 95th St, Oak Lawn, IL 60453 +1 (708) 233 - 9800
State Bank of Bement 180 E Bodman St, Bement, IL 61813 +1 (217) 678 - 2311
Check 'n Go 511 E Norris Dr, Ottawa, IL 61350 +1 (815) 431 - 9999
Ardmore Finance Corp. 1117 Broadway Ave, Mattoon, IL 61938 +1 (217) 235 - 0599
Puzey & Wright, LLP 119 East Ave, Ogden, IL 61859 +1 (217) 548 - 2444
CEFCU ATM 200 E Mt Vernon St, Metamora, IL 61548 +1 (800) 542 - 3328
World Finance 807 N Court St A & B, Marion, IL 62959 +1 (618) 993 - 0171
Barri Agent 845 1st St, Lasalle, IL 61301
Guaranteed Rate 223 Liberty St, Morris, IL 60450 +1 (815) 585 - 4211

Payday Loan Companies in Nearby Cities

If there are no payday loan companies in Norris, IL, you can try to find different companies in big cities near by. Check out the following pages here: Guaranteed Loans in Oak Park, IL, Payday Loan for Orland Park, IL, Online Loans in Oswego, IL, Payday Loans in Palatine, IL, Payday Loans in Park Ridge, IL, Payday Loan Without a Credit Check in Pekin, IL, Payday Loan Without a Credit Check in Peoria, IL and Payday Loans in Plainfield, 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 Norris, IL.

Beautiful sights of Norris, IL

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

61553

Are Payday Loans Legal In Norris, 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

Norris, IL payday loan calculator

Payday Loans in Norris, Illinois: Everything You Need to Know

Living paycheck to paycheck can be tough, especially when faced with unexpected expenses. Fortunately, there’s a borrowing option available to residents of Norris, Illinois: payday loans.

Payday loans are short-term loans designed to help with immediate financial needs. They’re easy to apply for and often require minimal documentation. Plus, unlike traditional loans, payday loans don’t usually require a credit check.

How do payday loans work?

Payday loans are usually small loans ranging from $100 to $1,500. The borrower provides the lender with a post-dated check or permission to debit their bank account on the date of their next paycheck. When the borrower’s next payday arrives, the loan is repaid in full plus interest and fees. In Illinois, payday loans can have a maximum term of 120 days.

What are the requirements for a payday loan?

To qualify for a payday loan in Norris, Illinois, you must:

  • Be at least 18 years of age.
  • Have a valid government-issued ID.
  • Receive a regular income through employment or government benefits.
  • Have an active checking account.

Additionally, the lender will usually require proof of income and may require proof of residency.

Are payday loans legal in Illinois?

Yes, payday loans are legal in Illinois. However, the state has enacted laws to protect borrowers. For example:

  • Payday loans cannot exceed the lesser of $1,000 or 25% of your gross monthly income.
  • Payday loans cannot have a term of less than 13 days.
  • Lenders cannot charge more than $15.50 per $100 borrowed in fees.
  • Lenders cannot enter into a new payday loan with a borrower who has an existing payday loan outstanding, and borrowers cannot rollover their payday loan.

What are the advantages of payday loans?

Payday loans have several benefits:

  • They’re easy to apply for and often have minimal documentation requirements.
  • They can help bridge the gap between paychecks and cover unexpected expenses.
  • They’re available to borrowers with poor credit or no credit history.
  • They can be a safer alternative to bouncing a check or accruing late fees on bills.

What are the risks of payday loans?

While payday loans can be helpful in times of need, they also come with risks:

  • They have high interest rates and fees, which can make them expensive to repay.
  • They can trap borrowers in a cycle of debt if they’re unable to repay the loan on time.
  • They can have a negative impact on credit scores and credit history if they’re not repaid on time.
  • They can be a tempting short-term solution to a long-term financial problem.

Interesting Facts and Statistics about Payday Loans in Norris, Illinois

  • The average payday loan borrower in Illinois takes out eight loans per year, with an average loan amount of $365.
  • In 2019, Illinois borrowers paid $1.1 billion in fees and interest on payday loans.
  • Illinois has more payday lenders than McDonald’s locations.
  • The majority of payday loan borrowers are low-income individuals without a college degree.

Apply Now

If you’re in need of a payday loan, TheGuaranteedLoans can help. We connect borrowers with a network of reputable lenders to find the best loan options for their needs. You can apply for a payday loan online in just a few minutes.

Remember, TheGuaranteedLoans is a connector service, not a direct lender. We work to facilitate your connection with potential lenders, but we don’t make loan decisions or control the loan terms.

Apply now to get started on your payday loan application.

F.A.Q.

How do I qualify for a payday loan in Norris, Illinois?

To qualify for a payday loan in Norris, Illinois, borrowers must be at least 18 years old, have a valid ID, and have a steady source of income.

How much can I borrow with a payday loan in Norris, Illinois?

in Norris, Illinois, payday loans are typically limited to $1,000 or 25% of the borrower's gross monthly income, whichever is less.