2005-07-07
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Above there is information about a precise lender. Below you can read common features of payday loans.
A payday loan is a short-term, small loan ($100 - $1,000) that you repay once you receive your next paycheck, typically two to four weeks.
Payday loans in Mokena, Illinois is are simple to access. The interest rate is specific for each applicant and depends on several aspects: age, income, loan amount needed, loan term, credit score, etc.
404%*
$1,000 (or 25% of the gross monthly income)
13 days
120 days
If you have a bad credit history you may still get approved for a payday loan. Such loans are designed to help meet the needs of consumers with lower credit scores. There are companies who may be ready to give you a payday loan even if you have a bad credit score. You will need a steady income to be eligible for a bad credit payday loan.
To get accepted for a payday loan, you need to meet the following requirements:
If you are going to apply for a payday loan, you can use an online calculator. It will show the real APR of your payday loan.
* Total Cost - The sum of money you are to pay off within the term you’ve chosen if you borrow the stated above amount for the average (or required by your lender) APR.
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