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Illinois Cash Advance Consumer information

Payday Loan usage info:
2% (two percents)
Short term loan permit:
815 ILCS 122/1-1 et seq.; 2011 Public Act 97-0421
Maximum loan amount:
1000$ or twenty five percents of overall consumers income (what is less).
Cash loan period:
Minimal loan period is thirteen days and maximum is. Several payday loans in time are prohibited except the installment payday loan to exclude situations cutomer is being indebted.

Lenders can not charge consumers to pay more than fifteen and a half dollars per each hundred.

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