Loans in Montgomery County, IL: payday, personal & title options
U.S. Census Bureau, ACS 2020–2024 5-year estimates for Montgomery County, IL.
The median household in Montgomery County earns $63,620 a year, 24% below the Illinois median of $83,390. About 13% of residents live below the federal poverty line, and 22.6% of households rent their home. 11.9% of households have no home internet; our form works on any phone.
What you need for a personal loan in Montgomery County
Here's what to have on hand before you start your personal loan request in Montgomery County:
- Be 18 or older and a US resident
- Your Social Security number for identity verification
- A steady source of income
- An active checking account in your name
- A working phone number and email address
Popular loan amounts in Montgomery County
What Montgomery County borrowers use it for
the fastest options online
Rent duecover a short gap before payday
Moving costsdeposits, trucks and first-week expenses
Holiday expensesgifts and travel without maxing a card
Loans for your situation
Which loans are available in Montgomery County
Payday Loans Not available
Illinois still has a Payday Loan Reform Act, but since March 23, 2021 every consumer loan, including payday loans, is capped at 36% APR (all-in, Military Lending Act method) by…
Personal Loans
36% APR all-in cap on consumer loans; installment lenders up to $40,000.
Title Loans Limited
Title-secured loans may still be made by lenders licensed under the Consumer Installment Loan Act, but only at or below 36% APR (all-in).
Banks and credit unions in Montgomery County
Banks with branches in Montgomery County
21 FDIC-insured bank branches from 9 banks. Many banks offer small-dollar loans or overdraft lines to existing customers.
| Bank | Branches | Example location |
|---|---|---|
| Bank & Trust Company | 8 | 401 N Madison St, Litchfield 62056 |
| The First National Bank of Litchfield | 2 | 324 N State St, Litchfield 62056 |
| The Litchfield National Bank | 2 | 316 N State St, Litchfield 62056 |
| Constitution Bank, National Association | 2 | 230 S Main St, Hillsboro 62049 |
| Heartland Bank and Trust Company | 2 | 501 N State St, Litchfield 62056 |
| First Community Bank of Hillsboro | 2 | 807 S Main St, Hillsboro 62049 |
| The First National Bank of Raymond | 1 | 403 E Broad St, Raymond 62560 |
| FIRST NATIONAL BANK OF NOKOMIS | 1 | 122 W State St, Nokomis 62075 |
| Prairie State Bank and Trust | 1 | 601 Main Street, Farmersville 62533 |
Source: FDIC BankFind Suite, retrieved Oct 2026.
Credit unions in Montgomery County
3 credit-union locations from 2 credit unions.
| Credit union | Location |
|---|---|
| Land Of Lincoln | 100 W State St, Nokomis 62075 |
| Taylorville Community | 138 E Wood St, Hillsboro 62049 |
Source: NCUA credit union branch data, June 30, 2026.
All Illinois counties and cities
Frequently asked questions
Are payday loans legal in Montgomery County?
Montgomery County follows Illinois law. Illinois still has a Payday Loan Reform Act, but since March 23, 2021 every consumer loan, including payday loans, is capped at 36% APR (all-in, Military Lending Act method) by the Predatory Loan Prevention Act.
Are title loans legal in Montgomery County?
Title-secured loans may still be made by lenders licensed under the Consumer Installment Loan Act, but only at or below 36% APR (all-in).
Where can I get a small loan in Montgomery County?
Options include 21 bank and 3 credit-union locations in the county, licensed installment lenders, and online lenders you can reach through our short form in about 3 minutes.
How do I get a loan in Montgomery County?
Fill out our short online form from anywhere in Montgomery County. We share it with lenders in our network that serve Illinois; if one approves you, you review the terms and the money is deposited to your bank account, often the next business day.
Can I get a loan in Montgomery County with bad credit?
Yes, many lenders in our network work with Montgomery County residents who have fair, poor or limited credit. They look at your income and ability to repay, not just your score, and some use alternative credit data instead of a traditional hard pull. Approval isn't guaranteed, but checking is free and takes about 3 minutes. Loan amounts range from $100 to $5,000.
Can I get an emergency loan in Montgomery County?
Yes. When an unexpected bill comes up, Montgomery County residents can request an emergency loan online at any time of day. Our 3-minute form reaches multiple lenders in our network, many decide within minutes, and approved funds are often deposited by the next business day. All credit types are considered, and there's no cost or obligation to see your options.
Can I apply for a loan online in Montgomery County?
Yes. You don't need to visit a branch or storefront anywhere in Montgomery County. Our secure online form works on your phone or computer, takes about 3 minutes, and connects you with lenders in our network that serve Illinois. If you're approved and accept an offer, funds go directly to your bank account, often by the next business day.
Can I get a loan in Montgomery County on the weekend?
You can submit our online form any day, including weekends and holidays, and some lenders review requests right away. Deposits depend on banking days, so funds requested on a Saturday or Sunday typically arrive the next business day. Submitting early helps you get the first available deposit. Montgomery County residents can start any time, and it takes about 3 minutes.