Struggling to make ends-meet? We’ve all been there. If you live in Illinois and need to respond to unexpected emergencies such as car repairs, medical expenses, or travel, TLC Loans has you covered.
Illinois Loans you can Trust
The banks have abandoned you and you’re denied a loan elsewhere: now what? At Total Loan Company our mission is to provide you with a solution that resolves or bridges your current troubles for an extended period of time, and to provide you with a convenient and dependable source for additional cash whenever you need it.
As a consumer installment lender, we offer personal loans online, specializing in helping people seeking a personal loan who are turned away by traditional banks.
Dangers of Payday Loans
The Consumer Financial Protection Bureau defines a payday loan as a short-term, high-interest, no-credit-check loan that’s typically no more than $500. Payday loans can be obtained online or via brick-and-mortar locations.
When the rent is due, the electric bill is overdue and the car note is coming up, you can see why it’s tempting to let panic set in and get a payday loan. Here’s why that’s a terrible idea: A typical payday loan can charge an APR of 300 to 400%. Approximately 75 percent of payday loans are extended to people who take out 11 or more loans per year, according to the data from the CFPB. Unfortunately, many people can’t pay off their payday loans when due, so they consolidate the borrowed funds into a new loan and create a cycle of debt.
The Better Way to Lend
Our mission as an installment lender is to provide our customers with a convenient personal loan online and being a dependable source for their financing needs. Furthermore, as part of our commitment to helping our customers meet their financial goals, we provide access to educational resources and incentive programs. By offering an installment loan as an alternative to a payday loan we want to see you on your way to financial recovery.
At Total Loan Company, LLC the loans we make are as individual as the people who apply for them! We make borrowing easy, convenient, and affordable with fast loan solutions. If you need a personal loan, we can help!
Apply for a Personal Loan Today
At TLC Loans you’re with a reliable company. There’s never hidden fees so you always know what you pay. If you ever have questions, comments or concerns, our customer support team is on hand 24/7, and your data is ALWAYS protected with us.
The application process is simple; Once we receive your application online, our customer service representatives will contact you to verify your income and employment, you will sign your loan agreement electronically and be all set to receive your funds. What’s more, you will receive your loan in your bank account on the next business day.
Give yourself and your finances some TLC, apply here today.