Thank you for visiting Itchy Pet Loans. The serious loan website with the funny name. Our name might be funny but we are serious about getting you approved for a fast cash loan in Chicago. Fill out one simple form and get a quote from our network of lenders. It is easy, free and you are under absolutely no obligation. Why not take a second and see if a payday loan is right for you.
Chicago Payday Loans – Itchy Pet
Itchy Pet is not a payday loan lender and you should be happy about that. Dealing with one direct lender can give you all sorts of problems. The main one is that it can complicate your loan approval. With a single direct lender, if you do not get approved, it is all over. You have to start the whole show over with a new lender to try to get an approval. With a lending network, like the one we give you access to, if one lender does not approve you, the process keeps going. Your quote form is then sent to the next lender and so on and so on. The process continues until a lender is found that wants to work with you. It can make the approval process much simpler and much faster.
The Loan Quote Process
The process of getting a loan quote with Itchy Pet is very easy. If you have a computer and just a few minutes of spare time, you can get it done. Here is how it works.
Fill Out Your Chicago Loan Quote Form
The quote form, located at the top of the page is very short. It will take you just a few minute to complete. It only asks for basic information like address, contact info, source of income, etc. Once you are done filling out the form, simply read and agree to the terms and conditions and submit your information.
Wait For Approval
Once your information has been submitted, it will go from lender to lender in our network until you get an approval. The process is secure, automatic and fast. In most cases, you will get a response in just a matter of minutes.
Review Your Chicago Loan Quote
If approved, your lender will send you information on your loan offer. The information should include all of the fees and conditions of the loan. Be sure to review all of the information and only agree to the loan if you like the terms and know that you can meet the obligations. If you have any questions or uncertainties, contact your lender for clarification.
Accept Your Chicago Payday Loan
If you decide that you like all of the terms of your loan, you simply accept the loan online. In most cases, you will be able to sign your loan contract online. It could not be easier. Once you accept your loan, your money will be deposited into your bank account as soon as the net business day.
Repay Your Cash Advance Loan
On the date specified in your loan contract, your lender will automatically withdraw the repayment of the loan plus all fees or interest. If you feel that you will be unable to make this repayment, you should contact your lender as soon as possible. They may be able to give you options to resolve this issue.
Important Information On Chicago Payday Loans
A payday loan is not for everyone in Chicago. There are some things that you should know. Here are the main facts that will make you an informed consumer on emergency cash loans.
Payday Loans Have High Fees
Yep, the fees are high. When you take the short loan terms and the fees and compute an interest rate, you get APR’s in the hundreds of percent range. This is high but consider your lender. This is a high risk loan for them. There are minimal requirements and the approval process is super quick. If they did not charge high fees, not many lenders would be willing to take the risk involved in issuing a payday loan.
Payday Loans Have Short Terms
You will need to pay your loan back very quickly. Most loans need to be repaid within the period of two weeks. This could be a problem because many financial situations can not be resolved so quickly. If you think that you will not be able to repay the loan when it is due, be careful. Accepting a loan that you know that you can not repay will only worsen your financial situation and only delay the inevitable collapse. Only take out a payday loan in Chicago if you know you can meet the obligations.
Payday Loans Offer Limited Funds
Do keep in mind that the amount that you can borrow with a payday loan or cash advance in Chicago is limited. In most cases, you can not borrow over $1000. This amount may or may not be enough to handle your situation. Do not even thin about taking out more than one payday loan. If $1000 will not help you meet your short term financial obligations, you should look at other alternatives to a payday loan.