Cornerstone Credit Union Payday Loans Review - Freeport, Illinois

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2.7 35 reviews

550 W Meadows Dr, Freeport, IL 61032, USA
+1 (800) 711-3277
www.cornerstonecu.org
Sunday
Closed
Monday
9AM–5PM
Tuesday
9AM–5PM
Wednesday
9:30AM–5PM
Thursday
9AM–5PM
Friday
9AM–5PM
Saturday
9AM–12PM
Testimonials

Feedback about Cornerstone Credit Union?

Here you grapple with the reviews of our customers.
Note

Pay Attention

The first three points show the certain lender. In other turn, below-specified info makes readers get acquainted general information about payday loans.

Payday Loans in Freeport, New York

Payday loans are a kind of loans issued by payday lender to people for a short period of time - usually several weeks. It is issued a small amount: $100-$1,000.

Such financial products as payday loan in Freeport, New York is taken out simply and fast for a short period: 2-3 weeks. The interest rates are established on an individual basis concerning on the personal data: the more cash advance you pay back off, the more reasonable rates a borrower will get.

APR

25% small loan cap

How will Cornerstone Credit Union help take out a loan in Freeport, New York?

  • 24/7 service. Such Internet services allow you to credit funds at any time. Funds are issued around the clock. The loan will be sent to a card, so a personal visit to the store is not necessary.
  • No paperwork. The list of required documents is minimal. In most cases, an ID is needed. You do not need to provide a certificate of income.
  • Online application. The application is filled out and considered much faster than in banks. Money is transferred within 24 hours after receiving approval.
  • High approval level. When it comes to small amounts, a positive answer comes up 98%.
  • Availability. Banks impose more stringent requirements on their borrowers. Age restrictions and bad credit will become barriers to taking out a loan. Lenders are more loyal to clients. The presence of minor delays and a low credit rating does not guarantee rejection.
Fill out an application

What data to fill in in the application? - General Info

To leave an application, every client should fill out the following data:
Loan Amount, Loan Purpose, Email Address
First Name, Last Name, Date Of Birth, Primary Phone Number, Driver's License Number, Your SSN
Zip Code, Street Address
How often do you get paid?, Next Paydate, Type of Account, How do you get paid?
Your Income Source, Are you in the military?, Your Employer Name, Your Monthly Net Income, Your Employer Phone Number
If you have $10,000+ in unsecured debt and would like one of our partners to contact you?, What`s your approximate credit rating?
Select your Bank, Select your Bank’s State, ABA/Routing Number, Account Number

Then you have to submit an application and get a decision.

Reasons

Why people issue payday loans?

Utility Bills

2%
Healthcare Bills

2%
Traveling

2%
Car Repair

1%
Clothes

1%
Bad Credit Approved

Payday loans for bad credit

One of the cause of denial for a loan is a bad credit history. This factor is considered by microfinance organizations before taking out a loan. But banks almost 100% deny the application when lenders in Freeport, ny will assess other aspects like payment abilities and approve a cash advance. This is a way to improve your credit rating.

The following common points will be rated before applying for a loan:

  • be at least 18 years old;
  • be a U.S. citizen;
  • be employed and have a reliable source of income;
  • have a checking account;
  • have a valid email address and phone number.
~ Credit score ~

Rate Your Credit Score

Low
300 – 579 points
  • No way to issue a loan
  • No ability to rent a room
Average
670 – 739 points
  • 80% of loan approval
  • Apply for all loan types
Perfect
740 – 799 points
  • 95% of loan approval
  • Apply for all loans incl. mortgage
Rate your APR

APR Calculator

If you are going to issue a payday loan, you should calculate its exact cost. This calculator will show the APR of the loan.

Let's see

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