Illinois Online Loan Rates and Fees

Start Live Help Chat

Payday Loan By Phone: (800) 404-0254

Home

Company

Rates and Fees

Illinois Payday Loan

Rates and Terms for Illinois

Loan Amounts:	The maximum loan amount for Illinois Residents is $850.00 and or up to 25 percent of the gross income. Based on your income and other factors, loan limits will be determined on an individual basis.
Term of Loan:	Minimum 13 Days - Maximum 45 Days
Permitted Fees:	$15.50 per $100 borrowed The finance charge is considered fully earned as of the date on which the loan is made. The Annual Percentage Rate (“APR”) will vary depending on the length of your loan (see table below). Please see your loan agreement for the APR and other terms applicable to your loan.
Cooling Off Period:	A seven (7) day 'cooling-off' period will be instituted after your loan is paid in full if you have had 2 previous consecutive loans outstanding in the last 45 days. Consecutive loans are separated by 7 or less calendar days. You will not be allowed to contract for a new loan during this period.

Additional Information

By Illinois regulation, all Illinois customers must have a pay stub on file with Checkcity.com when receiving a payday loan. Please fax or e-mail your latest pay stub when applying to ensure quick processing of your loan. If you receive income by means other than an employer, please fax or e-mail other proof of your Social Security, disability, child support or alimony payments. All materials may be sent via fax to 866-430-0830 or via email to info@checkcity.com. As soon as we receive this, we will be able to complete your loan request.

Interest-Free Payment Plan - If you still owe on one or more payday loans after 35 days, you are entitled to enter into a repayment plan. The repayment plan will give you at least 55 days to repay your loan in installments with no additional finance charges, interest, fees or other charges of any kind.

Your Right to Cancel Future Payment Obligation – A borrower may cancel future payment obligations on a payday loan, without cost or finance charges, no later than the end of the second business day immediately following the day on which the payday loan agreement was executed. To cancel future payment obligations on a payday loan, the borrower must inform the Checkcity.com in writing that the borrower wants to cancel the future payment obligations on the payday loan and must return the uncashed proceeds, check or cash, in an amount equal to the principal amount of the loan.

Example APR and Fee Schedule

The Annual Percentage Rate (“APR”) will vary depending on the length of your loan (see table below). The table shows the Annual Percentage Rate ("APR") and Finance Charges for various loan amounts.

Loan Amount	Fee Rate	Fee Amount	Total of Payments	Days	APR %	Days	APR %	Days	APR %
Monto del Préstamo	Tarifa del Honorario	Cantidad del Honorario	Total de Pagos	Días	APR %	Días	APR %	Días	APR %
$100.00	15.50%	$15.50	$115.50	13	435.19%	30	188.58%	40	141.44%
$200.00		$31.00	$231.00
$300.00		$46.50	$346.50
$400.00		$62.00	$462.00
$500.00		$77.50	$577.50
$600.00		$93.00	$693.00
$700.00		$108.50	$808.50
$800.00		$124.00	$924.00

Finance Charge Up to $15.50 per $100.00 borrowed
Non- Sufficient Funds Fee $25.00

Please see your loan agreement for the APR and other terms applicable to your loan.

We cannot use the criminal process against you to collect on a payday loan.
No podemos usar el proceso criminal para colectar una prestimo de tiempo corto.

WARNING: This loan is not intended to meet long-term financial needs. This loan should be used only to meet short-term cash needs. The cost of your loan may be higher than loans offered by other lending institutions. This loan is regulated by the Department of Financial and Professional Regulation.

Illinois Disclosure

This loan is not intended to meet long-term financial needs. This loan should only be used to meet short-term needs.
The cost of your loan may be higher than loans offered by other lending institutions.
This loan is regulated by the Department of Financial & Professional Regulation.
You cannot be prosecuted in criminal court to collect this loan.

Illinois Pamphlets

Please Click Here for the Illinois Payday Loan Pamphlet (English).
Please Click Here for the Illinois Payday Loan Pamphlet (Spanish).

Loan License and Registration:

We are licensed and regulated by the Illinois Division of Financial Institutions
Address: Consumer Credit Section, 320 W. Washington Springfield IL 62701
Phone: (888) 298-8089

Customer Notice: Payday advances should be used for short-term financial needs only, not as a long-term financial solution. Customers with credit difficulties should seek credit counseling.

Apply Now

Home	Services	FAQS	Company	Locations	Media
Apply Now Sitemap	Cash Advances Payday Loan Check Cashing Installment Loans Installment Title Loans Title Loans Free Money Orders Prepaid Debit Cards Prepaid Phone Cards Gold Buying Money Transfers Insurance Mortgages Tax Services	Payday Loan Gold Buying Check Cashing Cash Advances Installment Loans Installment Title Loans Title Loans Free Money Orders Prepaid Debit Cards Prepaid Phone Cards Money Transfers Insurance Tax Services	Online Rates and Fees Check City Difference Returning Customers State Licensed Lender Contact Us Career Financial Tips Community Outreach Industry Resources Affiliates Referral Preferred Member Questions/Concerns Privacy Policy Wireless Policy Terms of Use Responsible Lending Statement	Utah Nevada Virginia Maryland Colorado	Blog Testimonials Social Media In The Press Commercials

Payday Loans are also commonly referred to as Cash Advance, Payday Advances, Payday Advance Loans and Fast Cash Loans

Check City does not usually utilize traditional credit checks as part of the payday loan approval process. However, Check City may, at its discretion, verify application information by using national consumer loan underwriting databases that may include information relating to previous cash advance transactions that Check City may take into consideration in the approval process. Additionally:

*Actual loan amounts vary. See State Center for specific information and requirements.

***Products or services offered to customers may vary based on customer eligibility and applicable state or federal law.

***Some customers applying for payday loans or installment loans may be required to submit additional documentation due to state law and qualification criteria

Customer Notice: Payday advances should be used for short-term financial needs only, not as a long-term financial solution. Customers with credit difficulties should seek credit counseling.

Check City provides loan services in: Alabama, California, Hawaii, Idaho, Illinois, Indiana, Kansas, Michigan, Missouri, Nevada, New Mexico, North Dakota, South Dakota, Texas, Utah, Wisconsin, and Wyoming.

Check City acts as a credit services organization/credit access business (CSO/CAB) in Texas and is not the lender – loans there are made by a third-party lender.

*Loan proceeds issued through our website are generally deposited via ACH for delivery next business day if approved by 8pm CT Mon. – Thu. or by 8pm Saturday.

‡Maximum funded amount for payday loans or installment loans depends on qualification criteria and state law. See Rates and Terms for details.

++Please see Rates and Terms to check the availability of online loans in your state. Check City does not provide loan services in all states.

© 2012 Check City Online. All rights reserved.

This is an invitation to send a loan application, not an offer to make a short term loan. This service does not constitute an
offer or solicitation for payday loans in Arizona, Arkansas, Colorado, Georgia, Maryland, Massachusetts, New York, Pennsylvania, or West Virginia.