Payday Loans in Wellington, 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 Wellington, IL. Consider companies in other cities:

Company nameAddressZip codePhone number
Express Payday Loans 17855 S 80th Ave, Tinley Park, IL 60477 +1 (708) 578 - 5423
Solutions Bank - Kent 717 N Kent Rd, Kent, IL 61044 +1 (815) 443 - 2711
TitleMax Title Loans 780 W Golf Rd, Schaumburg, IL 60195 +1 (630) 523 - 5106
United States Postal Service 98 Franklin St, La Moille, IL 61330 +1 (800) 275 - 8777
TitleMax Title Loans 3685 Nameoki Rd, Granite City, IL 62040 +1 (618) 451 - 7098
PLS Loan Store 7300 N Barrington Rd, Hanover Park, IL 60133 +1 (630) 540 - 9461
Compeer Financial 2901 E Jackson, Macomb, IL 61455 +1 (309) 833 - 2302
State Bank of Saunemin 59 North St, Saunemin, IL 61769 +1 (815) 832 - 4456
AmeriCash Loans 1801 Dempster St, Evanston, IL 60201 +1 (847) 424 - 9777
Ardmore Finance Corp. 1223 Madison Ave, Madison, IL 62060 +1 (618) 451 - 1223

Payday Loan Companies in Nearby Cities

If there are no payday loan companies in Wellington, IL, you can try to find different companies in big cities near by. Check out the following pages here: Payday Loans in Carpentersville, IL, Online Loans in Champaign, IL, Payday Loan Without a Credit Check in Chicago, IL, Payday Loan for Chicago Heights, IL, Emergency Loan in Crystal Lake, IL, 24-Hour Loan in Danville, IL, Payday Loan Without a Credit Check in Decatur, IL and Payday Loans in Dekalb, 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 Wellington, IL.

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

60973

Are Payday Loans Legal In Wellington, 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

Wellington, IL payday loan calculator

Understanding payday loans in Wellington, Illinois

Payday loans are a type of short-term loan that can help you get through financial emergencies. While they can be a quick solution, it’s important to understand the risks and regulations involved in taking out a payday loan.

How do payday loans work in Wellington, Illinois?

In Illinois, payday loans are legal, and there are established regulations that govern how payday loans work. To take out a payday loan in Wellington, Illinois, you’ll need to provide proof of income and identification. The maximum loan amount is $1,000 or 25% of your total gross monthly income, whichever is less. The loan term cannot exceed 120 days, and the maximum finance charge is $15.50 per $100 borrowed.

The risks and benefits of payday loans

While payday loans can be a quick way to access cash when you need it the most, they come with risks. Payday loans typically have high interest rates and fees, which can make it difficult to pay back the loan on time. Additionally, if you’re unable to pay back the loan, it can result in additional fees and damage to your credit score.

On the other hand, a payday loan can be beneficial in certain situations. For example, if you have an unexpected expense, such as a medical bill, and you don’t have the funds to cover it, a payday loan can offer a short-term solution.

How to apply for a payday loan in Wellington, Illinois

Applying for a payday loan in Wellington, Illinois is a simple process that can be completed online or in-person. If you choose to apply online, you’ll need to provide proof of income and identification. Once your application is approved, you’ll receive the funds in your bank account within one to two business days.

Interesting facts and statistics about payday loans in Wellington, Illinois

  • Illinois has the strongest consumer protection laws for payday loans in the country.
  • According to the Illinois Department of Financial and Professional Regulation, the average payday loan in Illinois is $354.57.
  • More than 250,000 Illinois residents take out payday loans each year.

Apply now for a payday loan in Wellington, Illinois

If you’re in need of a payday loan in Wellington, Illinois, TheGuaranteedLoans can help connect you with potential lenders. Fill out our online application today to get started. Remember, TheGuaranteedLoans is not a direct lender, but a connector service that will facilitate the connection between you and potential lenders.

F.A.Q.

Can payday lenders in Wellington, Illinois operate without a license?

No, all payday lenders in Wellington, Illinois must be licensed by the state in order to operate. Borrowers can check the Illinois Department of Financial and Professional Regulation's website to verify that a lender is licensed before taking out a loan.

Is there a maximum number of payday loans that a borrower can take out in Wellington, Illinois?

Yes, Illinois law limits borrowers to taking out a maximum of two payday loans at any one time. Borrowers must also wait at least seven days between taking out consecutive payday loans.