Deerfield Short-term Loan in 2025

Common Capital is a Help Organization dedicated to providing the public with comprehensive, accurate, and accessible online information about payday loans in Illinois.

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Eligibility Criteria for Personal Loans

  • Applicant must be a resident of the community where the NGO operates.
  • Valid government-issued identification required for verification.
  • Proof of income or financial need must be submitted.
  • A reference from a recognized community leader or NGO member is necessary.
  • Bank account details must be provided for direct deposit of funds.
  • Applicants must not have any outstanding cash advances from the NGO.
  • Completion of a financial education workshop might be required.

Trusted Short-term Loan Lenders in Deerfield, IL

Explore our curated list of trusted payday loan lenders, committed to offering transparent and reliable financial solutions tailored to meet your urgent cash needs efficiently and safely.

Lender
User Ratings
Address
Phone
Category
Mills Business Finance Solutions
User Raiting:
5.00
Address: 1020 N Milwaukee Ave, Deerfield, IL 60015
Phone: +1 (847) 278-9668
Category: Loan agency

What Are the Alternatives for Short-term Loans in Deerfield?

Discover safer, more affordable financial solutions than payday loans, including credit unions, personal loans, budgeting, and assistance programs, to achieve long-term stability and financial health.

Quick Installment Loans

Quick installment loans allow borrowers to repay the loan amount over scheduled payments, typically with fixed interest rates, making large sums more manageable over time.

Instant Cash Loans

Instant cash loans provide immediate access to funds for short-term financial needs without extensive application processes, focusing on speed and accessibility.

Online Title Loans

Online title loans use vehicles as collateral, offering fast cash based on the vehicle's value, but carry the risk of losing the vehicle if not repaid.

Emergency Loans Fast

Emergency loans fast are designed for unplanned expenses, providing rapid financial relief with flexible repayment options to cover urgent situations.

Payday Loans Online

Payday loans online offer quick, unsecured funding for short-term needs, typically due on the next payday, with high interest rates and fees.

Peer-to-Peer Loans Guaranteed

Guaranteed P2P loans let individuals borrow money directly from other people through online platforms, often with better terms than traditional lenders.

No Credit Check Debt Consolidation Loans

No credit check debt consolidation loans combine multiple debts into one payment, simplifying debt management and potentially reducing interest rates for improved financial stability.

Bad Credit Loans Online

Bad credit loans online cater to those with poor credit histories, offering funds with higher interest rates but accessible terms via digital platforms.

How to Apply for Online Short-term Loans in Deerfield

Understand the Loan Requirements

Before applying for an online payday loan, you must understand the eligibility criteria. Generally, applicants must be at least 18 years old, have a regular source of income, and possess a valid bank account. Some lenders may also require a credit check. Reviewing these requirements ensures you qualify before moving forward, saving time and potential frustration. Gather all necessary documents, such as proof of income and identification, to expedite the application process.

Research and Compare Lenders

Not all payday lenders offer the same terms, so take the time to research and compare different options. Look for lenders with transparent terms, fair interest rates, and positive customer reviews. Pay attention to any hidden fees and ensure the lender is reputable and licensed in your state. Comparing several lenders ensures you secure the best possible terms and a trustworthy service, providing peace of mind as you apply.

Complete the Online Application

Once you've selected a lender, proceed to complete their online application form. This will typically require personal information such as your name, address, employment details, and banking information. Ensure that all information is accurate and up-to-date to avoid processing delays. The application form should be straightforward, and most reputable lenders offer a secure, encrypted process to protect your data.

Review and Submit Your Application

Before submitting your application, carefully review all the information you have provided to ensure there are no errors or omissions. Check the terms and conditions, including the interest rate, fees, and repayment schedule. Confirm you understand these terms fully and agree with them. Once satisfied, submit the application. You should receive an acknowledgment from the lender confirming receipt of your application.

Await Approval and Fund Transfer

After submitting your application, the lender will review your information to determine eligibility. This process is typically quick and you'll receive a response within hours. If approved, funds will be transferred directly to your designated bank account, sometimes as soon as the next business day. Be sure to communicate with the lender if you encounter any issues or have questions about the timeline for funding.

How to Use Short-term Loans - Useful Resources

Discover essential resources for effectively utilizing personal loans. Empower yourself with tips, tools, and guidance to make informed financial decisions and manage short-term financial needs responsibly.

Industry
Address
Phone
Car Glass Replacement Shop
Address: 2001 Milwaukee Avenue, Deerfield, IL 60015
Phone: +1 (224) 619-3825
Club & Association
Address: 375 Elm Street, Deerfield, IL 60015
Phone: +1 (847) 940-4010
Dentist
Address: 400 Lake Cook Road, Deerfield, IL 60015
Phone: +1 (847) 282-4955
Do-It-Yourself Centers
Address: 655 Lake Cook Road, Deerfield, IL 60015
Phone: +1 (847) 564-8601
Fitness Club & Center
Address: 420 Lake Cook Road, Deerfield, IL 60015
Phone: +1 (847) 236-9999
General Practitioner
Address: 720 Osterman Avenue, Deerfield, IL 60015
Phone: +1 (847) 945-3030
Government Office
Address: 405 Lake Cook Road, Deerfield, IL 60015
Phone: +1 (847) 564-3625
Hospital
Address: 49 South Waukegan Road, Deerfield, IL 60015
-
Hotel
Address: 340 South Waukegan Road, Deerfield, IL 60015
Phone: +1 (847) 205-1755
Pharmacy
Address: 405 Lake Cook Road, Deerfield, IL 60015
Phone: +1 (847) 664-8100
Post Office
Address: 655 Deerfield Road, Deerfield, IL 60015
Phone: +1 (847) 317-9612
Rent-a-Car Facility
Address: 111 Deer Lake Road, Deerfield, IL 60015
Phone: +1 (866) 826-2258
Restaurant
Address: 711 Deerfield Road, Deerfield, IL 60015
-
Shopping Center
Address: 110 South Waukegan Road, Deerfield, IL 60015
Phone: +1 (630) 954-7352

How to Get to Deerfield

Complaints about Short-Term Loans in Illinois

Issue Type
Amount of Complaints
Charged fees or interest you didn't expect
296
Struggling to pay your loan
209
Problem when making payments
161
Problem with the payoff process at the end of the loan
140
Getting the loan
122
Getting a line of credit
92
Incorrect information on your report
82
Charged fees or interest I didn't expect
77
Problem with additional add-on products or services
70
Can't contact lender or servicer
36
The data is taken from consumer complaint database created by Consumer Financial Protection Bureau

Submit a Complaint for a Short-term lender in Deerfield

If you need to submit a complaint against an Illinois lender, the regulatory authority overseeing payday loans is the Illinois Department of Financial and Professional Regulation (IDFPR). They ensure compliance with state laws and can be reached at:

  • 320 W. Washington St., Springfield, IL 62786
  • 1-888-473-4858
Submit a Complaint

Frequently Asked Questions about Short-term Loans

How Do Payday Loans Work?

Payday loans are short-term, high-interest loans designed to provide immediate cash relief in emergencies. Borrowers typically receive funds instantly or within a day, and the loan must be repaid by the next payday. The lender usually requires a post-dated check or authorization for automatic debit from your bank account.

Are Payday Loans Suitable for People with Bad Credit?

Yes, payday loans often cater to individuals with bad credit, as lenders generally do not perform rigorous credit checks. They primarily focus on your current income and your ability to repay the loan within the agreed timeframe.

What Are the Common Uses of Payday Loans?

Payday loans can be used for a variety of emergency expenses, such as urgent medical bills, unexpected car repairs, or covering essential household expenses until your next paycheck arrives.

How Much Can I Borrow with a Payday Loan?

The amount you can borrow varies by lender and depends on your income and state regulations. Typically, payday loans range from $100 to $1,500.

What Are the Interest Rates on Payday Loans?

Payday loans have higher interest rates compared to traditional loans. The fees can range from $10 to $30 for every $100 borrowed, resulting in a significant annual percentage rate (APR).

How Quickly Can I Get a Payday Loan?

One of the main advantages of payday loans is the fast approval process. Many lenders offer instant decision-making, and funds can be available in your bank account on the same day or within 24 hours.

Are There Alternatives to Payday Loans?

Yes, there are alternatives such as personal loans, borrowing from friends or family, credit card cash advances, or approaching your employer for a paycheck advance. These options often have more favorable terms.

What Happens If I Can't Repay the Payday Loan on Time?

If you cannot repay the loan on the due date, additional fees and interest might be applied, and it could negatively impact your credit score. It's important to contact the lender to seek an extension or alternative repayment plan if needed.

Do Payday Loans Affect My Credit Score?

Payday loans do not usually affect your credit score directly, as most lenders do not report to credit bureaus. However, if the loan is turned over to a collection agency due to non-payment, it could affect your credit score.

What Should I Consider Before Taking a Payday Loan?

Before taking a payday loan, consider the total cost, including fees and interest, your repayment ability, and any potential impact on your financial situation. Ensure it is the most suitable option for your immediate financial needs.

How Can I Find a Reputable Payday Loan Lender?

Research online for lenders with positive reviews, transparent terms, and clear fee structures. You can also check if the lender is registered with relevant financial oversight authorities. Avoid lenders that ask for upfront fees or promote unrealistic promises.

Illinois Short-term Loans Near Me

Abbott Park Abingdon Addison Albers Albion Aledo Algonquin Allendale Allerton Alsip Altamont Alto Pass Alton Amboy Anchor Anna Annawan Antioch Apple River Arcola Arenzville Argenta Arlington Heights Aroma Park Arthur Ashkum Ashland Ashley Assumption Astoria Athens Atkinson Atwood Auburn Augusta Aurora Ava Aviston Baden Bannockburn Barrington Barry Bartelso Bartlett Bartonville Batavia Beardstown Beaverville Beckemeyer Bedford Park Beecher Beecher City Belleville Bellwood Belvidere Bement Benld Bensenville Benson Benton Berkeley Berwyn Bethalto Bethany Biggsville Blandinsville Bloomingdale Bloomington Blue Island Blue Mound Bluffs Bolingbrook Bourbonnais Bradley Braidwood Breese Bridgeview Brimfield Broadlands Broadview Brookfield Brookport Brownstown Brussels Buffalo Buffalo Grove Bunker Hill Burbank Burlington Burnham Burr Ridge Bushnell Byron Cahokia Cairo Calumet City Calumet Park Camargo Cambridge Camp Grove Camp Point Campbell Hill Canton Cantrall Carbondale Carlinville Carlock Carlyle Carmi Carol Stream Carpentersville Carrier Mills Carrollton Carterville Carthage Cary Casey Caseyville Catlin Cave in rock Centralia Cerro Gordo Chadwick Champaign Channahon Chapin Charleston Chatham Chatsworth Chebanse Chenoa Cherry Chester Chicago Chicago Heights Chicago Ridge Chillicothe Chrisman Christopher Cicero Cisne Cissna Park City Clarendon Hills Clay City Clayton Clifton Clinton Coal City Coal Valley Cobden Coffeen Colchester Colfax Collinsville Colona Columbia Colusa Cornland Cortland Coulterville Country Club Hills Countryside Cowden Creal Springs Crest Hill Creston Crestwood Crete Creve Coeur Crossville Crystal Lake Cullom Dahlgren Dalton City Danville Darien Davis Davis Junction Decatur Deer Creek Deer Park Deerfield Dekalb Des Plaines Dewey Diamond Dieterich Divernon Dix Dixmoor Dixon Dolton Dongola Downers Grove Du Bois Du Quoin Dundee Dundee Township Dupo Durand Dwight Earlville East Alton East Dubuque East Moline East Peoria East St Louis Edinburg Edwards Edwardsville Effingham El Paso Elburn Eldorado Elgin Elizabeth Elizabethtown Elk Grove Village Elkhart Elkville Ellyn Elmhurst Elmwood Elmwood Park Emden Energy Erie Eureka Evanston Evansville Evergreen Park Fairbury Fairfield Fairmont City Fairmount Fairview Heights Farina Farmer City Farmersville Farmington Fieldon Fillmore Fisher Flanagan Flora Flossmoor Forest Forest Park Forrest Forreston Forsyth Fox Lake Fox River Grove Frankfort Franklin Franklin Grove Franklin Park Freeburg Freeport Fulton Galatia Galena Galesburg Galva Gardner Geneseo Geneva Genoa Georgetown German Valley Germantown Germantown Hills Gibson City Gifford Gillespie Gilman Girard Glasford Glen Carbon Glen Ellyn Glencoe Glendale Heights Glenview Glenwood Godfrey Golconda Golden Goodfield Goreville Grafton Grand Chain Grand Ridge Grand Tower Granite City Grant Park Granville Graymont Grayslake Grayville Great Lakes Greenup Greenview Greenville Gridley Griggsville Grove Gurnee Hamel Hamilton Hampshire Hanna City Hanover Hanover Park Hardin Harrisburg Hartsburg Harvard Harvey Harwood Heights Havana Hawthorn Woods Hazel Crest Hebron Heights Hennepin Henry Herrick Herrin Herscher Heyworth Hickory Hills Highland Highland Park Highwood Hills Hillsboro Hillside Hinckley Hines Hinsdale Hodgkins Hoffman Hoffman Estates Homer Homer Glen Hometown Homewood Hoopeston Hopedale Hoyleton Huntley Hurst Hutsonville Illiopolis Ina Industry Ingraham Inverness Ipava Iroquois Island Lake Itasca Iuka Ivesdale Jacksonville Jacob Jerseyville Johnsburg Johnston City Joliet Justice Kaneville Kankakee Karnak Kenilworth Kent Kewanee Keyesport Kildeer Kincaid Kinderhook Kinmundy Kirkwood Knoxville La Fox La Grange La Grange Highlands La Grange Park La Harpe La Moille La Salle Lacon Ladd Lake Lake Bluff Lake Forest Lake In The Hills Lake Villa Lake Zurich Lakemoor Lanark Lansing Lawn Lawrenceville Le Roy Lebanon Lemont Lena Lenox Lerna Lewistown Lexington Liberty Libertyville Lima Lincoln Lincolnshire Lincolnwood Lisle Litchfield Loami Lockport Loda Lomax Lombard Long Grove Lostant Louisville Loves Park Lynwood Lyons Machesney Park Mackinaw Macomb Maeystown Mahomet Malden Manhattan Manito Mansfield Manteno Maple Park Mapleton Maquon Marengo Marion Marissa Markham Maroa Marseilles Marshall Martinsville Martinton Maryville Mascoutah Mason City Matteson Mattoon Maywood Mccook Mchenry Mcleansboro Mcnabb Meadows Medinah Medora Melrose Park Mendon Mendota Meredosia Merrionette Park Metamora Metamora Township Metropolis Midlothian Milan Milford Milledgeville Millstadt Minier Minonk Minooka Modesto Mokena Moline Momence Monee Monmouth Monroe Center Montgomery Monticello Morris Morrison Morrisonville Morton Morton Grove Mossville Mounds Moweaqua Mt Carmel Mt Carroll Mt Olive Mt Prospect Mt Zion Mulberry Grove Mundelein Murphysboro Murrayville Naperville Nashville Nauvoo Neoga Neponset New Athens New Baden New Berlin New Holland New Lenox Newman Newton Niles Nokomis Normal Norridge Norris City North Aurora North Chicago Northbrook Northfield Northlake O'fallon Oak Brook Oak Forest Oak Lawn Oak Park Oakbrook Terrace Oakland Oakwood Oblong Odell Oglesby Okawville Olmsted Olney Olympia Fields Onarga Oneida Oquawka Orangeville Oreana Oregon Orion Orland Hills Orland Park Oswego Ottawa Palatine Palestine Palmyra Palos Heights Palos Hills Palos Park Pana Paris Park Park City Park Forest Park Ridge Patoka Paw Paw Pawnee Paxton Payson Pearl City Pecatonica Pekin Peoria Peoria Heights Peotone Percy Peru Petersburg Philo Pinckneyville Pingree Grove Piper City Pittsfield Plainfield Plano Pleasant Hill Pleasant Plains Polo Pontiac Poplar Grove Port Byron Posen Prairie Du Rocher Prairie View Princeton Princeville Prophetstown Prospect Prospect Heights Pulaski Quincy Rantoul Rapids City Raritan Raymond Red Bud Richmond Richton Park Ridge Ridge Farm Ridgway River Forest River Grove Riverdale Riverside Riverwoods Roanoke Robbins Roberts Robinson Rochelle Rock Falls Rock Island Rockford Rockton Rolling Meadows Romeoville Roodhouse Roscoe Roselle Rosemont Rosiclare Rossville Round Lake Round Lake Beach Round Lake Heights Ruma Rushville Sadorus Sainte Marie Salem Sandoval Sandwich Sauk Village Saunemin Savanna Savoy Scales Mound Schaumburg Schiller Park Scott Afb Sesser Seward Shabbona Shannon Shawneetown Sheffield Shelbyville Sheridan Sherman Sherrard Shiloh Shipman Shorewood Sidell Sidney Sigel Silvis Skokie Smithton Somonauk South Beloit South Elgin South Holland Sparta Speer Spring Grove Spring Valley Springfield Springs St Anne St Elmo St Francisville St Joseph St Libory St Peter St. Charles Staunton Steeleville Steger Sterling Stewardson Stickney Stillman Valley Stockton Stone Park Stonington Strasburg Stream Streamwood Streator Stronghurst Sublette Sugar Grove Sullivan Summit Sumner Swansea Sycamore Table Grove Tamaroa Tamms Tampico Taylor Ridge Taylorville Terrace Teutopolis Third Lake Thomasboro Thompsonville Thomson Tinley Park Toledo Tolono Toluca Tonica Toulon Tremont Trenton Trivoli Troy Tuscola Ullin Union University Park Urbana Ursa Utica Valmeyer Van Orin Vandalia Varna Vergennes Vermont Vernon Vernon Hills Vienna Villa Grove Villa Park Viola Virden Virginia Volo Walnut Warren Warrenville Warsaw Wasco Washburn Washington Waterloo Waterman Watseka Wauconda Waukegan Waverly Wayne City Wenona West Chicago West Frankfort West Salem Westchester Western Springs Westmont Westville Wheaton Wheeling White Hall Whittington Williamsfield Willow Springs Willowbrook Wilmette Wilmington Winchester Windsor Winfield Winnebago Winnetka Winslow Winthrop Harbor Witt Wonder Lake Wood Dale Wood River Woodhull Woodlawn Woodridge Woodstock Worth Wyoming Xenia Yates City Yorkville Zion