Within the state of Illinois, payday financing is regarded as appropriate. Illinois possesses limitation in the level of a classical cash advance: $1,000 or 25percent for the gross month-to-month earnings, whichever is less. Loans may be obtained from 13 times up to 120 times. Finance costs must not meet or exceed 15.5percent per $100 lent. Nevertheless, real APR into the state nears 404%*.