Payday Loans in Round Lake, Illinois

Payday Loan Companies in Round Lake, IL

Company nameAddressZip codePhone number
First American Bank 1865 S Cedar Lake Rd 60073 +1 (847) 586 - 2600

Payday Loan Companies in Nearby Cities

If there are no payday loan companies in Round Lake, IL, you can try to find different companies in big cities near by. Check out the following pages here: Same Day Loans in Arlington Heights, IL, Payday Loans in Aurora, IL, Payday Loan Companies in Bartlett, IL, Payday Loan for Belleville, IL, Payday Loans in Berwyn, IL, Payday Loans in Bloomington, IL, Payday Loans in Bolingbrook, IL and Payday Loans in Buffalo Grove, 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 Round Lake, IL.

Beautiful sights of Round Lake, IL

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

60073

Are Payday Loans Legal In Round Lake, 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

Round Lake, IL payday loan calculator

F.A.Q.

Are there any protections in place for consumers who take out payday loans in Round Lake, 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 Round Lake, 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 Round Lake, IL?

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

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

You should check First American Bank. Also, you can start your application online on our website.