Illinois

Find Me A Loan Today can put you in touch with a direct lender and borrow up to $5000 to cover unexpected expenses.

We work with a number of payday loan providers across Illinois, so whether you live in Chicago or St. Louis, you’re bound to find a suitable lender!

Payday Loans in Illinois - How Can Find Me A Loan Today Help?

No matter how careful we are with our money, sometimes an unexpected expense can crop up, which we’re simply not able to cover until our next payday. That’s why payday loans were created - allowing you to borrow money for a short period of time, until you get your next paycheck.

If you’re looking into short term credit options such as Illinois payday loans, we can put you in touch with a suitable direct lender. Our loan request form shouldn’t take more than a few minutes to complete, and you should then get an onscreen loan decision straight away.

In addition to this, many of the lenders in our panel consider all credit histories when making a loan decision, so even if you have bad credit, you may still be eligible for a payday loan.

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Save Time

Searching for a suitable payday lender can be time consuming and stressful. Your short-term credit could be a click away.

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A Suitable Loan

We only work with reputable lenders, so we know they are lending responsibly. We’ll search our panel of lenders to find a suitable loan for you.

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Responsible

Although we don’t lend money directly, we’re still here to help you get a loan even if you don't have a perfect credit history.

Where Can I Request a Loan From?

Find Me A Loan Today works with lenders across Illinois, so you can make a loan enquiry from just about anywhere in the state, including:

  • Chicago
  • Aurora
  • Rockford
  • Joliet
  • Naperville
  • Springfield
  • Elgin
  • Peoria

Illinois Payday Loans

A payday loan is a type of short term credit. Whereas with an installment loan you’d make regular repayments, with a payday loan you’d repay the money as a lump sum. Payday loans are therefore generally smaller than installment loans, as paying a large amount of money back in one full payment isn’t always easy.

One of the best things about payday loans is that because you probably won’t be borrowing the money for more than a few days or weeks, you almost certainly won’t have to pay back too much interest overall. Although payday loans are known for having relatively high interest rates, you only pay interest while the loan is open. So if you borrow money for a week, you’d be paying seven days of interest.

When it comes to interest rates, most loans are calculated using APR, which stands for Annual Percentage Rate. And if you’re taking out a long term loan such as a mortgage, which spans over a number of years, this is a very helpful figure. Unfortunately, APR doesn’t really apply with payday loans, as the length of the loan is so short. It’s generally better to figure out the total amount of interest you’d be paying.

Why Make a Payday Loan Request?

Payday loans are aimed at people who just need a small loan to tide them over until they next get paid. The specific reasons can vary, but will most likely be due to some type of unexpected expense, such as the cost of fixing a leaky roof or replacing a household appliance.

If you’re looking for a payday loan in Illinois, Find Me A Loan Today can put you in touch with a reputable lender. The benefits of making a loan request with us include:

  • Free Service - We don’t charge our customers a fee for using our services, it’s completely free. We instead work on a commission basis with our lenders.
  • Save Time - Rather than checking your eligibility with each lender directly, let us do the hard work for you! Our loan request form should also not take more than a few minutes to complete, and we’ll provide you with an instant loan decision on screen.
  • Bad Credit Histories Considered - Many of the lenders we work with will consider your loan request, even if you have bad credit. You don’t need a perfect credit score to be eligible for a payday loan.
  • Soft Credit Checks - Find Me A Loan Today only undertake soft credit checks, which don’t leave a footprint on your credit report, so won’t impact your credit score. It should be noted that if you’re redirected to a direct lender, they may carry out hard credit checks, which may affect your credit rating.

It should be noted that payday loans are intended for short term use only, and are meant to cover unforeseen expenses. If you’re not able to keep up with the loan repayments, this could result in additional charges being applied, and your credit rating could be impacted.

Payday Loan Eligibility Illinois

Even if you’ve been turned down for loans previously, Find Me A Loan Today may still be able to put you in touch with a direct payday lender. Most short term loan providers ask that you meet the following criteria:

  • Have a regular income
  • Live in the US and have a US checking accountt
  • Be aged 18 or above

If you meet these basic loan requirements, many of the payday lenders in our network will consider your loan request. The criteria may differ slightly between lenders, but we’ll do our best to find you a financial solution, regardless of your credit score.

Can I Get a Payday Loan With Bad Credit?

You don’t need perfect credit to take out an Illinois payday loan. Our lenders understand that no-one has a spotless credit report, and often a low credit score will be due to factors outside your control. A difficult life event like losing your job for example could cause you to fall behind with your repayments, which can in turn impact your credit rating.

Many payday lenders will consider multiple factors when making a loan decision, not just your credit file. They’ll take into account things like your employment history and monthly expenditure, to ensure that you meet the affordability criteria - as long as you can afford to make the due payments, you should be eligible for a payday loan.

How Do I Find a Payday Loan in Illinois?

To submit a loan request with Find Me A Loan Today, you’ll simply need to let us know how much you want to borrow, and fill in a few personal details. You’ll then need to provide information about your income and expenditure, as well as your checking account details, and we will do our best to connect you with a suitable lender.

We work with payday lenders across Illinois, and can help you borrow between $500 and $5,000 with a reputable loan provider. The process is straightforward and if approved, you could have the funds you need by the next business day.

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