Chicago, IL · Midwest · 36% APR cap
Payday loans in Chicago
Chicago is governed by Illinois's statewide lending law — cities don't set their own loan rules. Illinois does not license classic two-week payday pricing: a 36% APR cap keeps typical payday fees out of the market. The storefronts that remain sell installment products under that cap.
Classic payday pricing is not licensed here, so treat any two-week, high-fee offer as a red flag.
Lending storefronts in Chicago
2,704,958 residents · Cook County / DuPage County Median household income is $48,522 — below the Illinois median of $65,037.
32 storefront locations of 22 companies listed in the public directory snapshot below. Categories are the directory's own — verify a store's license with the state regulator before borrowing.
| Lender | Address | Phone | Hours |
|---|---|---|---|
| AMERIBANK Title Loans, Debt Relief Services, Installment Loans | 300 N Lasalle St Ste 4925, 60654 | — | 8:00 AM - 6:00 PM daily |
| America's Financial Choice Title Loans, Check Cashing/Pay-day Loans, Installment Loans | 4016 N Cicero Ave, 60641 | (773) 545-2700 | Mon 9:00 AM - 7:00 PM · hours vary |
| Broadway Financial Services Installment Loans, Title Loans | 3222 W 87th St, 60652 | (773) 925-2575 | Mon 8:30 AM - 8:00 PM · hours vary |
| Broadway Financial Services Title Loans, Installment Loans | 22 E Adams St, 60603 | (312) 256-8595 | Mon–Fri 8:00 AM - 7:00 PM · Sat–Sun Closed |
| Brother Loan & Finance Installment Loans | 160 N Wacker Ste 350, 60606 | (800) 850-8599 | Mon–Fri 9:00 AM - 5:00 PM · Sat–Sun Closed |
| Business Loans Installment Loans | 507 N Wells St, 60654 | (312) 340-0310 | 8:00 AM - 8:00 PM daily |
| Cambridge Mutual Investing, Installment Loans, Banks & Credit Unions | 300 N Lasalle Dr Ste 4925, 60654 | (800) 799-9870 | Open 24 hours daily |
| Check 'n Go Check Cashing/Pay-day Loans | 5160 S Pulaski Ave Ste 111, 60632 | (773) 838-8900 | Mon 10:00 AM - 6:00 PM · hours vary |
| Checkmate Lending Solutions Installment Loans | 160 N Wacker Dr Ste 300, 60606 | (800) 711-1137 | Mon–Fri 9:00 AM - 5:00 PM · Sat–Sun Closed |
| Chicago Hard Money Installment Loans | 6832 S Cornell Ave, 60649 | (773) 617-2042 | Mon 9:00 AM - 5:00 PM · hours vary |
| Chorus Credit Installment Loans | 180 N Upper Wacker Dr Ste 300, 60606 | (855) 418-6611 | Mon–Fri 11:00 AM - 7:00 PM · Sat–Sun Closed |
| Currency Exchange Oak Park & Belmont Currency Exchange, Check Cashing/Pay-day Loans, Registration Services | 6756 W Belmont Ave, 60634 | (773) 427-5690 | Mon 7:00 AM - 9:00 PM · hours vary |
| Devon Financial Services Title Loans, Installment Loans | 6414 N Western Ave, 60645 | (773) 381-2500 | Mon 8:30 AM - 8:00 PM · hours vary |
| Devon Financial Services Title Loans, Installment Loans | 9455 S Ashland Ave, 60620 | (773) 238-8010 | Mon 8:30 AM - 8:00 PM · hours vary |
| Devon Financial Services Title Loans, Installment Loans | 2754 W 63rd St, 60629 | (773) 432-0070 | Mon 8:30 AM - 7:00 PM · hours vary |
| Devon Financial Services, Inc Check Cashing/Pay-day Loans | 8256 S Cottage Grove Ave, 60619 | (773) 690-4200 | Mon 8:30 AM - 8:00 PM · hours vary |
| First American Cash Advance Check Cashing/Pay-day Loans | 10503 S Western Ave, 60643 | (773) 233-7200 | Mon 10:00 AM - 6:00 PM · hours vary |
| Fund Small Business Loans Chicago IL Installment Loans | 1519 W Warren Blvd Ste F, 60607 | (708) 683-4409 | Mon 7:00 AM - 7:00 PM · hours vary |
| Illinois Lending Check Cashing/Pay-day Loans | 724 W Washington Blvd, 60661 | (312) 832-1800 | Mon 9:00 AM - 7:00 PM · hours vary |
| National Education Servicing Installment Loans | 200 W Monroe St, 60606 | (800) 345-4325 | Mon 8:00 AM - 7:00 PM · hours vary |
| Nomad Credit Insurance, Auto Loan Providers, Installment Loans | Chicago, 60654 | (224) 307-5127 | 9:00 AM - 5:00 PM daily |
| Oportun Installment Loans | 3300 N Pulaski Rd, 60641 | (773) 756-5182 | Mon 11:00 AM - 6:30 PM · hours vary |
| Oportun Installment Loans | 1947 N Cicero Ave, 60639 | (312) 546-3678 | Mon 11:00 AM - 6:30 PM · hours vary |
| Oportun Installment Loans | 1647 W 47th St, 60609 | (312) 300-7161 | Mon 11:00 AM - 6:30 PM · hours vary |
| Oportun Installment Loans | 4926 S Kedzie, 60632 | (312) 300-7183 | Mon 11:00 AM - 6:30 PM · hours vary |
Showing 25 of 32 locations — the rest are smaller branches of the same companies.
Listing data: public business directory, collected 2022-02-20. Stores close and relocate — confirm with the regulator's license lookup on the Illinois page before visiting. Spot an error? Report it.
The online route in Chicago
Online lenders can serve Chicago without a storefront — but Illinois's 36% cap reaches any lender licensed in the state, wherever it is based. Loans routed through partner banks or tribal charters sit outside that cap, and regulators dispute the structure.
From the online lenders directory — terms each lender publishes about itself, checked September 2026. Directory only: we are not affiliated and make no availability promises — verify with the lender and the Illinois regulator.
The rules behind the numbers
Under the Illinois Predatory Loan Prevention Act, lenders are prohibited from charging more than 36% APR on consumer loans.
Statute: 815 ILCS 123/ (Predatory Loan Prevention Act)
Regulator: Illinois Department of Financial and Professional Regulation · idfpr.illinois.gov
Questions people ask in Chicago
Why doesn't Chicago have classic payday stores?
Illinois caps small-loan APR at 36%, and that state cap applies in Chicago exactly as everywhere else. At 36% a two-week $300 loan earns a lender about $4 — so classic payday pricing can't legally operate here.
What can I legally borrow in Chicago?
Installment loans priced under the 36% cap, federal credit-union PALs, and employer advances are the lawful routes. Any storefront or site advertising two-week, high-fee payday pricing to Chicago residents is not licensed here.
What lending storefronts are in Chicago?
32 storefronts are listed in Chicago in our 2022-02-20 directory snapshot (22 different companies). The full list with addresses, phones and hours is in the table above.
Who enforces the cap in Chicago?
Complaints about a lender go to the Illinois Department of Financial and Professional Regulation (idfpr.illinois.gov) — keep the loan agreement and every fee disclosure you were given.