Payday Loans in Bolingbrook, Illinois

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Payday Loan Companies in Bolingbrook, IL

Company nameAddressZip codePhone number
AmeriCash Loans 180 S Bolingbrook Dr 60440 +1 (630) 783 - 0400
Fast Payday Loans Bolingbrook 1093 Bothwell Ln 60440
Instant Payday Loans Brookview Ln 60440 +1 (855) 748 - 5759
Old Town Credit Inc 297 E S Frontage Rd 60440 +1 (630) 783 - 2800
Payday Loans Bolingbrook 341 E Boughton Rd 60440
Payday Loans Bolingbrook 126 Springleaf Dr 60440
PLS Loan Store 346-348 Commons DR 60440 +1 (630) 739 - 6600
PLS Loan Store 348 Commons Dr 60440 +1 (630) 739 - 6600
Top Payday Loans Bolingbrook 150 Lindsey Ln 60440
World Finance 347 N Schmidt Rd 60440 +1 (630) 759 - 2004

Payday Loan Companies in Nearby Cities

If there are no payday loan companies in Bolingbrook, IL, you can try to find different companies in big cities near by. Check out the following pages here: Payday Loans in Buffalo Grove, IL, Payday Loans in Calumet City, IL, Payday Loans in Carol Stream, IL, Payday Loans in Carpentersville, IL, Online Loans in Champaign, IL, Payday Loans in Chicago, IL, No Credit Check Loans in Chicago Heights, IL and Online Loans in Crystal Lake, 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 Bolingbrook, IL.

Beautiful sights of Bolingbrook, IL

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

60440, 60490

Are Payday Loans Legal In Bolingbrook, 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

Bolingbrook, IL payday loan calculator

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

Are you in a financial pinch and looking for a way to get quick cash? Then a payday loan might be the right solution for you. Payday loans are short-term loans that can help you cover expenses until you’re able to get your paycheck. In Illinois, payday loans are legal, and Bolingbrook is an ideal place to get one.

A payday loan is a type of loan where you borrow a certain amount of money for a short period of time, typically until your next paycheck arrives. The loan is secured against your paycheck, so you must have a job in order to qualify. Payday loans can range from $100 to $1,000 and have a typical repayment term of two weeks. The loan is typically paid back in one lump sum payment.

If you live in Bolingbrook, Illinois, there are a number of lenders that offer payday loans. You can find these lenders online in various websites and forums. Alternatively, you can also visit local lending institutions. Before you borrow, it’s important to know the specific rules and regulations of payday loans in Illinois.

The Illinois Department of Financial and Professional Regulation (IDFPR) is responsible for regulating payday loans in the state. Under their rules, lenders must:

  • Have a valid license from the IDFPR
  • Have a physical location in Illinois
  • Provide clear terms and conditions
  • Maintain a verifiable record of loan repayment
  • Adhere to all applicable laws and regulations

In addition, the terms and conditions of the payday loan must be clearly stated in the loan agreement. This includes the interest rate, fees, repayment timeline, and any other relevant information. Payday loan lenders in Illinois are also prohibited from extending the loan beyond the term limit of two weeks.

How Much Does a Payday Loan Cost In Bolingbrook, Illinois?

The cost of a payday loan can vary from lender to lender. Generally, payday loans have higher interest rates than other types of loans due to their short-term nature. In Illinois, payday loan lenders are required to charge no more than 15 percent interest on loans of up to $2,000. On loans of $2,000 or more, lenders may charge up to 72 percent interest.

In addition to interest, there may be other fees associated with a payday loan. These can include processing fees and late fees. It’s important to understand all of the fees associated with the loan before signing the agreement. This will ensure that you can afford to pay back the loan.

How Do I Apply For a Payday Loan In Bolingbrook, Illinois?

The process of applying for a payday loan in Bolingbrook is relatively straightforward. Before you apply, make sure you have all of the necessary documents and information ready. This includes your identification, proof of income, and bank account information.

Once you have all of the required documents, you can begin the application process. You can apply online via the website of a payday loan lender or in person at a local lending institution. The lender will need to verify your identity and income before approving the loan. Once approved, the funds will typically be deposited into your bank account within one business day.

F.A.Q.

Do I need to have a bank account to get a payday loan in Bolingbrook, Illinois?

Yes, most lenders require you to have a valid bank account in order to approve a payday loan. The funds will typically be deposited into this account once the loan is approved.

What if I change my mind and don’t want the loan?

If you change your mind after signing the loan agreement, you can return the loan the same day without any fees or charges. However, this must be done before the loan has been processed.

Are payday loans legal in Illinois?

Yes, payday loans are legal in Illinois as long as the lender is licensed by the Illinois Department of Financial and Professional Regulation. All lenders must abide by the rules and regulations set forth by the IDFPR.

Do I need to pledge collateral to get a payday loan?

No, payday loans do not require any type of collateral. The loan is secured against your paycheck, so you must have a job in order to qualify.

Apply Now

Are you in need of quick cash to cover unexpected expenses? At TheGuaranteedLoans, we can help connect you with lenders who offer payday loans in Bolingbrook, Illinois. Fill out our online application and we will match you with a lender who can provide the funds you need. Remember, TheGuaranteedLoans is not a lender. We simply provide our customers with access to lenders who can help them get the funds they need in a timely manner. Apply now and get the cash you need!

More F.A.Q.

What are the maximum fees and interest rates for payday loans in Bolingbrook, Illinois?

The maximum fees and interest rates for payday loans in Bolingbrook, Illinois are determined by state law. For loans of $100 or less, the maximum fee that can be charged is $15.50 per $100 borrowed. For loans over $100, the maximum fee that can be charged is $15.50 per $100 borrowed plus an additional $1.50 for each $100 borrowed.

What are the rights and responsibilities of payday loan borrowers in Bolingbrook, Illinois?

As a payday loan borrower in Bolingbrook, Illinois, you have the right to receive clear and concise information about the loan terms and conditions before agreeing to the loan. You also have the right to cancel the loan within 24 hours of signing the contract without incurring any fees or penalties. As a borrower, you also have the responsibility to repay the loan on time and to provide accurate and truthful information on your loan application.

How Many Cash Advance Companies are in Bolingbrook, IL?

With the help of our service, you will be able to find 10 cash advance companies in Bolingbrook, IL

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

You should check PLS Loan Store, Payday Loans Bolingbrook, and AmeriCash Loans. Also, you can start your application online on our website.