12/20/2022
Whether you are in Chicago or you are thinking of starting a life in this famous city at the state of Illinois, knowing its most relevant aspects will be very useful.
This is especially true for your finances and financial management. That's why we show you how to get personal loans in this city and more.
Where to find personal loans in Chicago?
Throughout its history, the city of Chicago has been characterized as a place full of economic progress, where many nationalities live together and opportunities abound.
- Loan amount: between $ 100 and $ 35,000
- Term: entre 7 days y 12 months
- Extra:Interest rate between 6.63% and 485% APRAddress: 1125 E. Broadway #545, Glendale, CA 9120
- Loan amount: between $ 500 and $ 50,000
- Term: entre 15 days y 120 months
- Extra:Fast loans up to $50,000 for whatever you want.
Interest rates from 6% to 439% APR
Finansi Group SL - Calle de las Barcas 2 Piso 2, 46002, Valencia
- Loan amount: between $ 500 and $ 10,000
- Term: entre 3 y 1728 months
- Extra:Fast online loans even with bad credit.Interest rates between 5.99% and 35.99% APR
3315 E Russel Rd Ste A-4 Box #105, Las Vegas, NV 89120
- Loan amount: between $ 500 and $ 10,000
- Term: entre 3 y 36 months
- Extra:Interest rates between 5.99% and 35.99% APRAddress: Chief LLC, 2661 N Pearl St #431 - Tacoma, WA 98407
- Loan amount: between $ 1,000 and $ 35,000
- Term: entre 3 y 720 months
- Extra:Interest rate from 5.99% to 35.89% APRAddress: 278 EAST 1875 SOUTH Roosevelt, UT 84066
- Loan amount: between $ 50 and $ 2,500
- Term: entre 7 days y 12 months
- Extra:Fast loans online and offline, even with bad credit.Interest rate starting at 83% APR.Address: 300 E. John Carpenter Fwy, Ste. 900, Irving, Texas, 75062
- Loan amount: between $ 1,000 and $ 35,000
- Term: entre 6 y 72 months
- Extra:Interest rate from 5.99% to 35.99% APR - 216 E 4th St, Austin, TX 78701
- Loan amount: between $ 300 and $ 5,000
- Term: entre 14 days y 12 months
- Extra:Consult with the entity the interest rate and the APRAddress: 2929 Floyd Street, Burbank 91504 CA
- Loan amount: between $ 200 and $ 5,000
- Term: entre 7 days y 12 months
- Extra:Interest rate between 4.99% and 450% APRAddress: 1041 4th Avenue, Suite 302, Oakland, CA 94606
- Loan amount: between $ 100 and $ 5,000
- Term: entre 1 days y 12 months
- Extra:Interest rate between 4.99% and 450% APRAddress: 1041 4th Avenue, Suite 302, Oakland, CA 94606
- Loan amount: between $ 1,500 and $ 20,000
- Term: entre 24 y 60 months
- Extra:Fast online and offline loans, also securedInterest rate from 18% to 35,99% APR
Address: OneMain Holdings, Inc. 601 N.W. Second Street Evansville, IN 47708-1013
- Loan amount: between $ 200 and $ 5,000
- Term: entre 14 days y 24 months
- Extra:Interest rate between 4.99% and 450% APRAddress: 1041 4th Avenue, Suite 302, Oakland, CA 94606
- Loan amount: between $ 500 and $ 12,000
- Term: entre 24 y 60 months
- Extra:Secured personal loans up to $12,000 Interest rates from 24% to 35,99% APR
Address: Regional Management Corp. 979 Batesville Road, Suite B Greer, SC 29651
- Loan amount: between $ 200 and $ 5,000
- Term: entre 1 days y 12 months
- Extra:Interest rate between 4.99% and 450% APRAddress: 1041 4th Avenue, Suite 302, Oakland, CA 94606
- Loan amount: between $ 1,000 and $ 25,000
- Term: entre 12 y 60 months
- Extra:Quick cash loans, mortgages and auto loans.Interest rates from 16% to 35,99% APR
Address: Mariner Finance, LLC. - 8211 Town Center Drive, Nottingham, MD 21236
With an average household income of $58,000, the Windy City has a fairly dynamic, diversified and balanced economy.
This means you can get personal loans and credit of various kinds through banks, credit unions, private firms and multiple options for extra cash.
Types of personal loans available in Chicago
To give you an idea, there are lenders that can offer you from $100 to $50,000 to spend on personal matters. This figure tends to grow for small and large business financing.
In the search for alternatives, you will find interest rates and APRs ranging from 4% and up.
Among the most sought after options, you are going to find:
- Secured loans. This type of loan works just like a secured mortgage. In other words, you put the property you are going to buy as a backing. In Chicago, this alternative is used to acquire the most durable goods, such as boats, vehicles, computers and more.
- Lines of credit. Especially for business owners and entrepreneurs, there are several companies that support these initiatives. They are a good option when you want to spend a certain amount (depending on the limit) and only charge interest on what is used.
- Payday and car title loans. These are the least advisable because of their high interest rates, short terms and usurious practices. In Chicago they are limited to a 400% APR and a $15.5 fee for every $100 borrowed. You usually have 7 days to 2 months to pay back the money and the amounts range from $100 to $2,500 (payday) and $300-$25,000 (title).
Remember that the approval or not of a personal loan will depend on your credit history. Generally speaking, the minimum Fico score or VantageScore required will vary from one place to another. As far as terms are concerned, the terms can range from 7 days (payday loan) to 5 years to pay back the money.
How to choose a lender in Chicago?
When choosing personal credit in Chicago, you should have a good understanding of what you can get based on your financial situation.
If you don't have a credit history or are just starting out, there are several companies that offer help to those who have a building score or no financial history yet.
During this process, we recommend using Busconomico's loan comparator and other online sources to compare the best rated banking products.
A brief overview of Chicago
This well-known capital of the state of Illinois is located in Cook County, the second most populated county in the USA. The city of Chicago is the third most populated in this country, home to 2,694,000,000 people (9.4 million in the metropolitan area).
Its particular name comes from the word "shikaakwa", which refers to a type of garlic that abounds in that area.
The "Windy City" was born as a city in 1837, settled near its port between the Mississippi River basin and the Great Lakes.
After the fateful "Great Fire" of 1871, in which 100,000 were left homeless, it had to be rebuilt. This time of recovery meant a steady increase in its expansion, becoming the 5th largest city in the world.
May interest you: Personal lonas in Los Angeles (California)
Today, Chi-Town has one of the largest global economies. In 2018, its GDP accounted for an annual income of $689 billion.
This metropolis is also known for being a cultural, industrial, academic, technological, commercial, communication and financial center. It has one of the largest derivatives markets, producing 20% of futures, options and commodities.
Chicago is home to several Fortune 500 companies, such as Boeing, Caterpillar, Sears, Walgreens, US Foods, among others.
Known as the "Second City," it also stands out for its attractions, being visited by 58 million tourists in 2019, a record. Many are attracted by the entertainment, local cuisine, architecture, shopping and business.
When you're on the search for personal loans in Chicago, do your research. Always be clear on terms, fees, terms, penalties and repayment before you sign. Don't forget to make an informed decision, consult our experts and avoid first impressions.
English: Préstamos personales en Chicago (Illinois)