Payday Loans in Dewey, Illinois

Payday Loan Companies in Dewey, IL

Company nameAddressZip codePhone number
Dewey Bank 2994 County Rd 900 E 61840 +1 (217) 897 - 1125

Payday Loan Companies in Nearby Cities

If there are no payday loan companies in Dewey, IL, you can try to find different companies in big cities near by. Check out the following pages here: 24-Hour Loan in Rockford, IL, No Credit Check Loans in Romeoville, IL, Payday Loans in Saint Charles, IL, Quick Loan in Schaumburg, IL, Short-term Loans in Skokie, IL, Quick Loan in Springfield, IL, Payday Loan Without a Credit Check in Streamwood, IL and Payday Loans in Tinley Park, 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 Dewey, IL.

Advise to read before applying

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Are Payday Loans Legal In Dewey, 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

Dewey, IL payday loan calculator

F.A.Q.

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

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

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

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

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Customer Notice: Cash advance loans should be used for short-term personal requirements primarily, not as long-term budgetary remedies. Clients together with credit score issues ought to look for credit advice. Subject to state regulations, qualification, credit check, underwriting and approval. Rates, terms and conditions apply

Client Guidance: Payday loans are generally designed as a temporary financial bridge that allows individuals to borrow a modest amount of money until their next paycheck arrives. This type of loan is often used as an immediate financial remedy for unforeseen expenses, especially for those lacking a financial cushion or significant savings. If you find yourself struggling to manage your finances and considering a payday loan, it's crucial to consult with a qualified financial advisor. It's also important to familiarize yourself with the specific payday loan laws in your jurisdiction.

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