Chicago payday loans

Payday loans can be a handy financial solution when you seriously need money.  PaydayChampion works with a large network of payday loan lenders who are willing to offer instant cash to anyone in Chicago how is in dire need of cash.

So long as you meet our requirements which we are going to list below, it is easy for your loan application to be approved. Besides, you can access the cash in as soon as the next business day. However, it is not all the received loan requests that get approved.

Payday loan regulations in Chicago

When applying for Chicago payday loans, the laws permit a maximum amount of $1000 or 0.25, which is 25% of the applicant’s monthly income. 

Whichever of the two that is less is what will be accepted. If you apply for a payday loan of $100 with a repayment term of two weeks, the maximum amount you will pay as finance charge is $15.50.This, again, is according to the state laws governing Chicago payday loans.

It is also possible to finance two payday loans at a time. However, the total cost of the loans should not be more than the required limit (which is either $1000 or 25% of your monthly income). No rollovers and extensions are permitted in the state.

Qualification requirements for Chicago payday loans

In order to qualify for payday loans in Chicago, here are the main requirements that you have to meet;

  • You should have an active phone number
  • You should have a valid email address
  • You should be a Chicago resident
  • You should have an active checking account
  • You should be at least 18 years old
  • You should have a reliable and verifiable source of income

Applying for Chicago payday loans online

It is an easy, fast and straightforward experience to apply for online payday loans in Chicago.  The application process can take a maximum of 3 minutes. As soon as we receive your loan request form, we will provide immediate feedback. 

You can, therefore, know the loan approval feedback in a matter of minutes.

If we are satisfied with the details you provide, our loan representative will get in touch with you to discuss the loan terms. You are at liberty to accept or reject the loan offer.

All the personal and financial information you share with us is secure and can’t be accessed by third parties.

Why PaydayChampion?

PaydayChampion offers quick access to payday loans to help pay for emergencies.  We approve over 80% of received loan requests.  Thanks to the many years we have been in the industry, it is easy, fast and safe to apply for a loan with us.

PaydayChampion works with over 100 lenders who are willing to offer Chicago payday loans with minimal requirements. 

The best part of it is that you stand a high chance of qualifying for the loans as compared to traditional bank loans. 

Working with us means choosing a friendly, reliable and understanding partner who will be there at a time of need.  Our aim is to ensure that you get the cash you need at a time when it is needed the most.