Illinois Payday Loan Collection Check

Live. Collecting an Illinois payday loan? 815 ILCS 122: one $25 NSF fee, two presentments, no late or attorney fees, repayment plan, 28-day suit wait, military protections.

Collecting an Illinois payday loan? Checks the account and each contact against the Payday Loan Reform Act (815 ILCS 122): unlicensed loans void, one NSF fee of at most $25, at most two presentments, no late, collection or attorney fees or treble damages, no rollovers, the interest-free repayment plan (no fee, no postdated checks), no suit within 28 days of default, military garnishment, deployment and chain-of-command limits, and no criminal threats or misleading statements. Returns violation, review or ok per loan with citations. Nothing stored; not legal advice.

Price: $0.001 per call after 1,000 free per month.

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