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

Company nameAddressZip codePhone number
First National Bank 105 W Main St, Grand Ridge, IL 61325 +1 (815) 249 - 6414
Mariner Finance 2516 State St, Alton, IL 62002 +1 (618) 466 - 2728
Midwest Title Loans 3715 Nameoki Rd, Granite City, IL 62040 +1 (618) 451 - 0000
PLS Loan Store 2510 Grand Ave, Waukegan, IL 60085 +1 (847) 249 - 4476
Crossroads Bank 2000 S Banker St, Effingham, IL 62401 +1 (217) 347 - 7751
State Finance Co 216 E Main St, West Frankfort, IL 62896 +1 (618) 932 - 8585
The First National Bank 511 Lake Land Blvd, Mattoon, IL 61938 +1 (217) 234 - 7900
Sun Loan Company 1611 Veterans Ave f, Vandalia, IL 62471 +1 (618) 283 - 9614
Raymond James Financial Services 1181 N 6th St, Monmouth, IL 61462 +1 (818) 538 - 4668
Cash Store 5259 IL-251 Ste 5, Peru, IL 61354 +1 (815) 220 - 0383

Payday Loan Companies in Nearby Cities

If there are no payday loan companies in Depue, IL, you can try to find different companies in big cities near by. Check out the following pages here: Payday Loans in Oswego, IL, Online Loans in Palatine, IL, Payday Loans in Park Ridge, IL, Payday Loans in Pekin, IL, Payday Loan Companies in Peoria, IL, Payday Loans in Plainfield, IL, Same Day Loans in Quincy, IL and Payday Loan Without a Credit Check in Rock Island, 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 Depue, IL.

Beautiful sights of Depue, IL

Are Payday Loans Legal In Depue, 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

Depue, IL payday loan calculator

Understanding Payday Loans in Depue, Illinois

If you’re running short on cash and facing unexpected expenses, payday loans may be an option you’ve considered. In Depue, Illinois, payday loans are legal, and there are many lenders to choose from. It’s important to understand how payday loans work, what the rules and regulations are in Illinois, and how to choose the right lender for your situation.

How Payday Loans Work

Payday loans are short-term loans designed to help you bridge the gap until your next paycheck. They’re typically due on your next payday and carry high interest rates and fees. The loan amount is based on your income and employment status, and you’ll typically need to show proof of income and have a bank account to qualify.

When you apply for a payday loan, the lender will ask you to write a post-dated check for the loan amount plus fees. On your due date, the lender will deposit your check or withdraw the funds from your bank account. If you can’t repay the loan on time, you may be able to roll it over for an additional fee.

The Rules and Regulations in Illinois

Illinois has some of the strictest payday loan regulations in the country, designed to protect consumers from predatory lenders. For example, the maximum loan amount is $1,000 or 25% of your gross monthly income, whichever is less. The loan term cannot exceed 120 days, and you cannot have more than two outstanding loans at the same time.

In addition, Illinois law requires lenders to disclose all fees and interest rates upfront, and to provide a written agreement that outlines the terms of the loan. If you’re unable to repay the loan, the lender must offer you an extended payment plan at no additional cost.

Choosing the Right Lender

When choosing a lender for your payday loan, it’s important to do your research and choose a reputable lender with transparent fees and good reviews. Look for lenders who are licensed in Illinois and who follow state regulations. You can also check with the Illinois Department of Financial and Professional Regulation to see if there are any complaints or disciplinary actions against the lender.

Interesting Facts About Payday Loans in Depue, Illinois

  • Depue, Illinois has a population of approximately 1,691 people.
  • In 2020, Chicago-based payday lender All Credit Lenders closed all of its locations in Illinois, including the one in Peru, which is the closest location to Depue.
  • Illinois is one of only 15 states that have laws regulating payday lending.
  • In Illinois, the average payday loan amount is $354, and the average borrower pays $15.50 in fees for every $100 borrowed.

Apply Now

If you’re considering a payday loan in Depue, Illinois, remember that TheGuaranteedLoans is a connector service, not a direct lender. We can help you find the right lender for your situation and connect you with potential lenders who may be able to offer you a loan. To apply, visit our website and fill out our online application.

Remember to borrow only what you need and can afford to repay. Payday loans can be a helpful tool in the short-term, but can also lead to a cycle of debt if not used responsibly.

The Bottom Line

Payday loans in Depue, Illinois can be a way to cover unexpected expenses when you’re short on cash. However, it’s important to understand the rules and regulations surrounding payday loans in Illinois, as well as choose a reputable lender. By doing your research and borrowing responsibly, you can make the most of this financial tool.

F.A.Q.

Can I apply for a payday loan online in Depue, Illinois?

Yes, you can apply for a payday loan online in Depue, Illinois. Many payday lenders have online application processes that allow you to apply for a loan from the comfort of your own home.

Is it safe to take out a payday loan in Depue, Illinois?

Taking out a payday loan in Depue, Illinois can be a safe and convenient option for those who need quick access to cash. However, it is important to carefully read and understand the terms of the loan before agreeing to it, and to only borrow what you can afford to repay. It is also important to only borrow from reputable and licensed lenders in order to avoid potential scams or predatory practices.