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Cash Advance in Waukegan, 60085

Customer centered service

Providing excellent customer service and a positive loan experience is Swift Title Loans top goal and we work tirelessly to make this happen for each and every customer.

Easy application process

We understand the urgency when getting a loan, so we offer simple options for applying. You can choose to apply either by phone or online.

Loans for low credit score

We don’t like turning away customers simply for having a bad credit score. We will work hard to get you a loan regardless of your bad credit.

Our main advantages

Swift is one of the most flexible and trustworthy finance houses in the great sun-soaked city of Los Angeles, California. While there are many things that set Swift apart from its competitors, here’s what customers should know about the Swift difference.

3 Easy Steps To Get a Cash Advance Loan in Waukegan


Get Started

Fill in the simple online inquiry form and you can get connected swiftly to trusted third-party lenders in our network.


Get an Offer

The lender will present you with a cash advance loan offer that suits your financial needs.


Get Your Cash

Once you sign the loan agreement, the cash can be yours in no time, sometimes even on the next business day.



Fast Access To Cash

Bad Credit Is Not A Deal-Breaker

No Collateral Required

Minimum Paperwork

Use The Money For Any Purpose



Source Of Income

Checking Account

Valid Identification



Fill In The Online Inquiry Form

Get Connected By A Trusted Third-Party Lender

Receive & Review The Offer

Sign The Contract

Get Cash

Understanding Cash Advances and Payday Loans in Waukegan, IL

As one of the largest cities in Illinois, Waukegan harbors a rich naval history and houses a diverse population. Like in many other cities, its residents might find themselves occasionally needing a financial boost to address unexpected expenses. Cash advances or payday loans have emerged as potential solutions in such circumstances. If you’re a Waukegan resident considering this financial route, here’s a comprehensive guide to help you navigate the process.

Cash advances, commonly known as payday loans, are short-term, unsecured loans usually repaid by your next payday. Their primary attraction lies in their accessibility and swift processing times. For residents in Waukegan facing immediate financial needs, such as medical emergencies or urgent car repairs, these loans can be a potential lifeline.

However, while they can be advantageous in certain scenarios, it’s crucial to approach payday loans with an informed perspective. Their quick accessibility is counterbalanced by higher interest rates and fees compared to traditional loans.

Are Payday Loans Legal in Illinois?

Yes, payday loans are legal in Illinois, including in Waukegan. However, the state has implemented certain regulations to protect borrowers from potential predatory lending practices. The Illinois Department of Financial and Professional Regulation oversees payday lending in the state, setting caps on interest rates, fees, and loan amounts.

For instance, the maximum loan amount in Illinois is $1,000 or 25% of the borrower’s gross monthly income, whichever is less. Additionally, loan terms range between 13 days to 120 days, and finance charges can’t exceed $15.50 per $100 borrowed.

What Are the Requirements?

To access a payday loan in Waukegan, borrowers must typically meet the following criteria:

  1. Proof of Stable Income: This can be in the form of pay stubs, bank statements, or other financial documents to ensure the borrower’s capacity to repay.
  2. Valid Identification: A government-issued ID like a driver’s license is necessary.
  3. Active Bank Account: This facilitates the electronic transfer of funds.
  4. Be At Least 18 Years Old: The legal borrowing age in Illinois is 18.
  5. Current Contact Information: This includes a functioning phone number and email address.

How to Get a Cash Advance Loan in Waukegan, Illinois

  1. Determine the Amount Needed: Only borrow what’s required to address your immediate financial challenge.
  2. Choose a Trusted Lender: Using platforms like US Cash Advance, you can connect with reliable third-party lenders. Ensure the chosen lender is licensed to operate in Illinois.
  3. Complete the Application: This step can usually be accomplished online, requiring details like personal, employment, and financial information.
  4. Review the Offer: Once approved, you’ll receive a loan agreement. Read it carefully, focusing on interest rates, fees, and repayment terms.
  5. Receive Funds: Upon agreement, the funds typically get deposited into your bank account.

Getting a Loan with Bad Credit

One notable advantage of payday loans in Waukegan is the possibility of acquiring funds even with a poor credit score. While traditional lenders might decline applications from low-credit-score individuals, payday lenders are often more interested in your current financial capacity—your ability to repay—than past financial difficulties.

However, the convenience of bad credit acceptance comes at a price: higher interest rates and fees. Thus, while payday loans might be an option for those with bad credit, it’s essential to consider the costs.

APR Example

Let’s consider a payday loan with a two-week term. Here’s a table illustrating different APRs and the total amount a client would owe by the end of the term for a loan amount of $500:

APR (%)Interest for 2 Weeks ($)Total Amount to Repay ($)
Example of various APRs and the total amount to repay


  1. This table is illustrative. In reality, the actual interest might vary based on other fees, loan terms, and the lending practices of the institution.
  2. The interest for 2 weeks is calculated by using the formula: Interest=APR×Principal365×Number of daysInterest=365×Number of daysAPR×Principal​ In this case, Principal is $500 and the number of days is 14.
  3. Payday loans often come with significantly high APRs, especially if the borrower rolls over the loan. It’s crucial to understand the full costs before borrowing.


How quickly can I get a payday loan in Waukegan?

Typically, upon approval, funds are transferred to your account within one business day.

Is there a penalty for early repayment of my payday loan?

In most cases, lenders do not penalize borrowers for repaying their loan before the due date.

How many payday loans can I have simultaneously in Illinois?

Illinois regulations allow two payday loans per borrower, provided the combined total doesn’t exceed the maximum limit.

What if I cannot repay my payday loan on time?

It’s imperative to communicate with your lender immediately if you anticipate repayment challenges. They might offer an extension or a payment plan.

Are online payday loans available for Waukegan residents?

Yes, many lenders offer online payday loan services to Waukegan residents, providing the convenience of applying from anywhere.

Will a payday loan impact my credit score?

If you repay the loan on time, it might not affect your credit score. However, failure to repay can lead to the loan being handed over to a collection agency, potentially harming your credit.

What’s the difference between a payday loan and a personal loan?

Payday loans are short-term, high-interest loans intended for emergency use and quick repayment. Personal loans, often provided by banks, typically have longer terms, lower interest rates, and are for larger amounts.


Phone number

(224) 347-1492



112 S Genesee St unit C, Waukegan, IL, 60085


Open hours

Mon – Fri:

9am – 7pm


10am – 4pm





Fast Process

When you need money urgently, fill in the online request form and you won't believe how fast you can get the loan approved.

Near Locations


4903 W 31st St ste 200, Cicero, IL 60804


452 N Commons Dr space A, Aurora, IL 60504

Grand Rapids

1208 Plainfield Ave NE unit 101, Grand Rapids, MI 49505

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