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The previous three items describe a specific financial institution. But below you can find general data about payday loans.
A payday loan is a short-term loan that can help you cover sudden money needs until you get your next paycheck. Available amounts typically range from $100 to $1,000.
It is effortless and fast to get approved for payday loans in Chicago, Illinois. The APR will be set specifically for each person and will depend on the personal information the consumer entered.
404%*
$1,000 (or 25% of the gross monthly income)
13 days
120 days
Having a poor credit score automatically disqualifies applicants from getting a bank loan. Payday loans give individuals with a bad credit rating an increased chance to get approved for payday loans. A payday loan may be the only loan available for some borrowers to help them deal with unexpected problems. If you take out such a loan, it is important that you always borrow within your capabilities and pay back your loan commitments in a timely manner.
To get accepted for a loan, you must meet the following eligibility criteria: