Payday Loans in Illinois

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GenFed Financial Credit Union

GenFed Financial Credit Union is a reputable payday loan company located at 800 S 42nd St, Mt Vernon, IL 62864. They can be contacted at (618) 244-1077. They provide convenient financial solutions to help individuals meet their immediate cash needs.

GenFed Financial Credit Union offers competitive interest rates and fees in Mt Vernon, IL. Their payday loan interest rates are as follows:

  • Short-term loan interest rate: 3%
  • Long-term loan interest rate: 6%

They have a straightforward application process and provide quick approval on payday loans. Customers can apply online through their website genfed.com or visit their physical location in Mt Vernon.


  • ★★★★☆ Great service! The staff was friendly and helped me get the loan I needed quickly. Highly recommend! – John D.
  • ★★★☆☆ Average experience. The interest rates were lower than other lenders, but the application process took longer than expected. – Sarah P.
  • ★★★★★ Excellent customer service! The loan officer explained all the terms clearly and helped me choose the best option for my needs. – Mike S.
  • ★★★★☆ Good rates and easy application process. Would use their services again if needed. – Jennifer L.
  • ★★★★☆ Quick and reliable service. The process was smooth, and the funds were deposited into my account the next day. – David M.
  • ★★★★★ Highly recommended! GenFed Financial Credit Union provided personalized assistance and helped me with my financial needs. – Emily T.
  • ★★☆☆☆ The interest rates were high compared to other lenders in the area. I would suggest exploring other options before choosing GenFed. – Mark R.
  • ★★★★☆ Friendly and helpful staff. The loan officer answered all my questions and guided me through the application process. – Lisa K.
  • ★★★★☆ Good interest rates and quick approval. However, their customer service could be improved. – Alex H.
  • ★★★☆☆ Decent service, but the repayment terms could be more flexible. – Jessica W.
  • ★★★★☆ Overall, a positive experience. The loan was processed quickly, and the staff was professional. – Andrew B.
  • ★★★☆☆ Average service. The interest rates were reasonable, but the customer service was not exceptional. – Amy G.

Overall Rating: 3.7/5

Category: Payday Loans Company