Is Illinois lending still in business?
The state of Illinois has designated us an “Essential Business” and we will continue to be here to serve you. Illinois Lending is taking steps to ensure the health and safety of our staff and customers and will keep providing you with the ability to apply online.
What happened to Illinois Lending?
Illinois Governor J.B. Pritzker on Tuesday signed a bill into law that will cap rates at 36% on consumer loans, including payday and car title loans.
Can you get loans in Illinois?
The best personal loans in Illinois tend to be loans from national lenders that are available to all U.S. residents. But there are more than 720 banks and credit unions operating in Illinois, including many local and regional lenders, and a lot of them offer personal loans.
How many loans can you take out in Illinois?
Loan Amount in Illinois
It is also not permissible to obtain more than two loans at any one time. (815 ILCS 122/1-1 et seq.).
How many installment loans can you have in Illinois?
Can I get a payday loan in Illinois?
You can get an Illinois payday loan from $100 up to $35,000. You can choose how long you need to borrow for and when you want to repay it. If you opt for a short-term loan, you repay the money 2-4 weeks later in one final repayment. This gives you time to reach your next paycheck.