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Elmwood Community Bank: Payday Loan Review

Rating: 4.2/5

Elmwood Community Bank is a payday loan company located at 101 E Evergreen St, Elmwood, IL 61529. They can be contacted at (309) 742-2091 or through their website hometownbanks.com.

The bank operates locally in Elmwood, Illinois and offers payday loans to individuals in need of short-term financial assistance. They provide convenient and quick access to cash, allowing borrowers to meet their immediate financial obligations.

The interest rates and fees for Elmwood, Illinois are as follows:

  • Interest Rate: 15% per $100 borrowed
  • Loan Fees: $15 for every $100 borrowed

Here are some reviews from customers who have used Elmwood Community Bank:

  • ★★★★☆ – “Great customer service and quick response time. The loan process was simple.” – John D.
  • ★★★★★ – “I was in a desperate situation and Elmwood Community Bank was there to help. They gave me the funds I needed without any hassle.” – Jane S.
  • ★★★★☆ – “The interest rates are a bit high, but the staff is friendly and helpful.” – Mark T.
  • ★★★☆☆ – “It’s a convenient option, but the fees can add up if you’re not careful.” – Sarah L.
  • ★★★★★ – “I’ve used Elmwood Community Bank multiple times and they’ve always been reliable. Highly recommend.” – Mike P.
  • ★★★★☆ – “The application process was straightforward and the funds were deposited into my account quickly.” – Lisa M.
  • ★★★☆☆ – “The interest rates are quite high compared to other lenders in the area.” – David W.
  • ★★☆☆☆ – “My credit score was not great, but Elmwood Community Bank still approved my loan. However, the fees were higher than I expected.” – Amy R.
  • ★★★★★ – “Elmwood Community Bank helped me out when I was in a bind. The customer service was excellent.” – Kelly H.
  • ★★★★★ – “I had a positive experience with Elmwood Community Bank. The rates were competitive and the repayment terms were flexible.” – Alex K.
  • ★★★★☆ – “The loan application was quick and easy, but the interest rates could be better.” – Jessica B.
  • ★★★☆☆ – “The staff at Elmwood Community Bank was friendly and helpful, but the fees were a bit steep.” – Ryan C.

Overall, Elmwood Community Bank has received positive reviews for their convenient loan process and helpful customer service. While some customers have mentioned the high interest rates and fees, others appreciate the quick response time and reliable service provided by the bank.

Category: Payday Loans Company