Waukegan 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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Illinois Waukegan

Eligibility Criteria for Personal Loans

  • Valid government-issued identification
  • Proof of address, such as a utility bill or lease agreement
  • Recent pay stub or proof of income
  • Active checking or savings account
  • Applicant must be at least 18 years old
  • Completed application form
  • Contact information, including phone number and email address
  • No outstanding cash advance debts with our NGO

Trusted Short-term Loan Lenders in Waukegan, IL

Discover reliable and ethical payday loan lenders through our carefully curated selection, ensuring financial solutions with transparency and trust for individuals in need of short-term financial assistance.

Lender
User Ratings
Address
Phone
Category
Tower Loan
User Raiting:
5.00
Address: 466 N Green Bay Rd, Waukegan, IL 60085
Phone: +1 (847) 782-8850
Category: Loan agency
Check Into Cash
User Raiting:
5.00
Address: 3024 Belvidere Rd, Waukegan, IL 60085
Phone: +1 (847) 782-5719
Category: Financial institution
AmeriCash Loans
User Raiting:
4.90
Address: 924 N Green Bay Rd, Waukegan, IL 60085
Phone: +1 (847) 336-9777
Category: Loan agency
SAIL Loans
User Raiting:
4.70
Address: 2850 Belvidere Rd, Waukegan, IL 60085
Phone: +1 (847) 263-0313
Category: Loan agency

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

Explore various financial options beyond payday loans, offering safer, more sustainable solutions to meet urgent monetary needs, reduce debt burdens, and promote long-term financial wellness.

Instant Installment Loans

Instant installment loans allow borrowers to repay borrowed amounts in regular, scheduled payments over time, offering flexibility compared to lump-sum repayment methods.

Fast Cash Loans

Fast cash loans provide borrowers with quick, short-term funds typically required for urgent financial needs, often with minimal documentation.

Quick Title Loans

Quick title loans use a vehicle as collateral, allowing borrowers to access funds based on the car’s value, with a focus on speed.

Emergency Loan Online

Emergency loans online offer swift financial relief for unexpected expenses, with a streamlined application process conducted entirely online.

Payday Loans Online

Payday loans online allow individuals to borrow small amounts of money with repayment scheduled on the next payday, offering convenience and accessibility.

Guaranteed P2P Loans

Guaranteed P2P loans involve borrowing directly from individuals through a platform, providing an alternative to traditional banking with potential privacy and approval benefits.

No Credit Check Debt Consolidation Loans

No credit check debt consolidation loans combine multiple debts into one, aiming to simplify payments and reduce interest rates without a credit inquiry.

Bad Credit Loans Online

Bad credit loans online cater to those with poor credit scores, providing access to funds without traditional credit barriers through convenient online platforms.

How to Apply for Online Short-term Loans in Waukegan

Research and Understand Payday Loans

Before applying for an online payday loan, thoroughly research and understand what payday loans are. These are short-term, high-interest loans intended to bridge financial gaps until your next paycheck. Familiarize yourself with their benefits and potential drawbacks, such as high interest rates and fees, making them a costly borrowing option if not repaid promptly. Understanding these elements helps assess whether a payday loan is the most suitable financial solution for your current needs.

Compare Different Lenders

Once you understand payday loans, compare different online lenders to find the most favorable terms. Look for lenders with positive customer reviews, transparent interest rates, and fees. Verify their legitimacy by checking their licensing status in your state or country. This comparison process helps identify trustworthy lenders offering competitive rates. Also, consider the repayment terms offered and any additional charges that may apply. Taking the time to compare can save you from financial strain in the future.

Check Eligibility Criteria

Before proceeding with an application, check the eligibility criteria of your chosen lender. Ensure you meet the basic requirements, such as age, employment status, and having an active bank account. Some lenders may have additional conditions, so read their terms carefully. Meeting the eligibility criteria assures a smoother application process and increases the likelihood of loan approval. Being informed about the requirements allows you to prepare necessary documents and information in advance, expediting the application process.

Gather Required Documentation

Prepare the necessary documentation needed to complete your application successfully. Typical documents include proof of income, identification, and bank account details where the funds will be deposited. Some lenders may request documents supporting your current employment status or residence address. Having these documents ready in advance minimizes potential delays and ensures a swift application process. Make sure your documents are up-to-date and securely stored to protect your personal information.

Complete the Application Form

Once you have gathered the required documents, fill out the online application form with precise information. Be honest and accurate in providing details such as income, contact information, and desired loan amount. Double-check your application for any errors or omissions that could delay processing. Submitting a complete and accurate application increases the chances of quick approval. After submission, most lenders will review your application immediately, providing you with fast feedback on your loan status.

Review Loan Terms and Accept

Upon approval, carefully review the loan terms presented by the lender before accepting the offer. Understand the interest rates, fees, repayment schedule, and any other pertinent conditions. Ensure these terms are clear and agreeable to you. If satisfied, proceed to accept the loan terms and sign the agreement electronically. Understanding the terms before acceptance helps you avoid unexpected fees or conditions and ensures a responsible borrowing experience. Retain a copy of the agreement for your records.

How to Use Short-term Loans - Useful Resources

Explore essential resources on effectively using personal loans. Learn responsible borrowing practices, understand terms, and access tools to manage finances while ensuring financial well-being for a secure future.

Industry
Address
Phone
American Restaurant
Address: 890 Waukegan Road, Waukegan, IL 60085
Phone: +1 (847) 689-0540
Car Wash
Address: 1406 Grand Avenue, Waukegan, IL 60085
Phone: +1 (847) 782-8812
Club & Association
Address: 218 North Genesee Street, Waukegan, IL 60085
Phone: +1 (224) 656-6085
Community Center
Address: South Genesee Street, Waukegan, IL 60085
Phone: +1 (847) 406-4667
Doctor
Address: 2504 Washington Street, Waukegan, IL 60085
Phone: +1 (847) 662-0455
Fitness Club & Center
Address: 2325 Brookside Avenue, Waukegan, IL 60085
Phone: +1 (847) 336-4354
Government Office
Address: 3221 North Green Bay Road, Waukegan, IL 60087
Phone: +1 (847) 596-5490
Hotel
Address: 619 South Green Bay Road, Waukegan, IL 60085
Phone: +1 (847) 662-5500
Library
Address: 18 North County Street, Waukegan, IL 60085
Phone: +1 (847) 377-2140
Local Post Office
Address: 326 North Genesee Street, Waukegan, IL 60085
Phone: +1 (800) 275-8777
Museum
Address: 3000 Corporate Drive, Waukegan, IL 60087
Phone: +1 (847) 244-8701
Rent-a-Car Facility
Address: 515 North Green Bay Road, Waukegan, IL 60085
Phone: +1 (847) 623-4054
Security Products
Address: 33 North County Street, Waukegan, IL 60085
Phone: +1 (847) 241-4530
Shopping Center
Address: 2700 Belvidere Road, Waukegan, IL 60085
Phone: +1 (847) 782-5772
Theater
Address: 221 North Genesee Street, Waukegan, IL 60085
Phone: +1 (847) 775-1500

How to Get to Waukegan

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 Waukegan

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, often known as cash advances, are short-term personal loans intended to cover immediate, emergency expenses until your next paycheck. Applicants typically submit proof of income, checking account details, and identification. Upon approval, the loan amount is deposited directly into the applicant’s bank account.

Who Can Apply for a Payday Loan?

Generally, anyone over the age of 18 with a steady income and an active checking account can apply for a payday loan. Lenders often approve loans for individuals with bad credit, focusing instead on income and employment status.

How Quickly Can I Receive a Payday Loan?

Payday loans are designed to be fast loans, and many lenders offer instant approval or same-day funding. However, the exact time frame can vary depending on your bank’s processing times and the lender’s protocols.

How Much Money Can I Borrow with a Payday Loan?

The amount you can borrow varies by lender and jurisdiction but typically ranges from $100 to $1,000. The loan amount is often determined by your income and ability to repay the loan.

Why Choose a Payday Loan over Other Types of Loans?

A payday loan can be a viable option for short-term emergencies when you need quick access to cash and have limited options due to bad credit. They are generally faster and easier to obtain compared to traditional loans from banks.

Are Payday Loans Safe?

While payday loans can be safe when used responsibly, it's crucial to choose a licensed and reputable lender. Understand the loan terms, especially the fees and interest rates, to avoid falling into a debt cycle.

What Are the Fees Associated with Payday Loans?

The fees for payday loans can vary widely, often ranging from $10 to $30 for every $100 borrowed. It’s important to review and understand all fees associated with the loan before accepting the terms.

Can I Get a Payday Loan with Bad Credit?

Yes, payday loans are often accessible to individuals with bad credit because lenders use alternative measures—such as income proof rather than credit score—to determine eligibility.

What Happens if I Can't Repay My Payday Loan on Time?

If you're unable to repay your loan by the due date, contact your lender immediately. They may offer extended repayment plans or alternative options. Be aware that additional fees and interest can accrue, increasing the overall loan cost.

How Can I Apply for a Payday Loan?

To apply for a payday loan, locate a legitimate lender and complete their application form, whether online or in-person. You’ll need to provide personal identification, proof of income, and bank account details.

Are There Alternatives to Payday Loans?

Yes, alternatives include personal loans from credit unions, borrowing from friends or family, or using employer paycheck advances. These options often have lower fees and more manageable repayment terms.

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