Company name | Address | Zip code | Phone number |
---|---|---|---|
First State Bank of Olmsted | 185 N Front St | 62970 | +1 (618) 742 - 6205 |
Payday Loan Companies in Nearby Cities
If there are no payday loan companies in Olmsted, IL, you can try to find different companies in big cities near by. Check out the following pages here: Payday Loans in Peoria, IL, Payday Loan for Plainfield, IL, Short-term Loans in Quincy, IL, Payday Loans in Rock Island, IL, Payday Loans in Rockford, IL, Payday Loan for Romeoville, IL, Guaranteed Loans in Saint Charles, IL and Payday Loans in Schaumburg, 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 Olmsted, IL.
Advise to read before applying
Payday Loans Available in Olmsted, IL By The Following ZIP Codes:
62970
Are Payday Loans Legal In Olmsted, Illinois?
Loan Rates and Fees, Laws and Regulations in Illinois.
Illinois Loan Regulations
Legal Status | Legal |
---|---|
Interest Rate (APR, %) | 404 |
Maximum Loan Amount | $1,000 (or 25% of the gross monthly income) |
Minimum Loan Term | 13 days |
Maximum Loan Term | 120 days |
Number of Rollovers Allowed | 0 |
Finance Charges | 15.5% per $100 |
Olmsted, IL payday loan calculator
F.A.Q.
Are there any protections in place for consumers who take out payday loans in Olmsted, Illinois?
Yes, Illinois law provides several protections for consumers who take out payday loans. For example, lenders are required to provide clear and concise information about the terms of the loan, and cannot use deceptive or unfair practices. Borrowers also have the right to cancel a payday loan within 24 hours of signing the loan agreement.
Can I be arrested or have my wages garnished if I default on a payday loan in Olmsted, Illinois?
No, Illinois law prohibits lenders from using criminal actions, such as arrest or wage garnishment, to collect on payday loans. If a borrower defaults on a payday loan, the lender can only take legal action to recover the outstanding amount.
How Many Cash Advance Companies are in Olmsted, IL?
With the help of our service, you will be able to find 1 cash advance companies in Olmsted, IL
What Cash Advance Companies in Olmsted, IL are the most popular?
You should check First State Bank of Olmsted. Also, you can start your application online on our website.