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Is it legal?

Home » Topics » Is it legal?

Landing Page › Forums › Payday Loans: General Questions › Is it legal?

This topic contains 1 reply, has 1 voice, and was last updated by  realpdl 1 year, 4 months ago.

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  • June 21, 2019 at 10:13 am #90796

    Anonymous

    I’m from Illinois. Are payday loans legal in the state?

    June 22, 2019 at 9:33 am #90881

    realpdl
    Moderator

    Yes, they are. The state’s laws specify that you can take a maximum loan amount of $1,000. The APR for a 14-day loan is capped at 403%. You can get more details here and on the website of the Illinois Attorney General.

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