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Multi-service currency exchange in downtown Chicago offering check cashing, money orders, wire transfers, vehicle registration, and notary services with extended hours.
Data compiled from public sources
New Chicago Rush Currency Exchange, Inc. is a full-service currency exchange and financial services center located at 62 E Chicago Ave. in Chicago's downtown Loop area. The company has been operating as part of the Currency Exchange Association, positioning itself as an alternative to traditional banks for consumers seeking convenient access to multiple financial services in a single location.
The company offers a comprehensive range of services spanning check cashing, money orders, wire transfers, ATM access, foreign currency exchange, bill payment, and notary services. Beyond traditional currency exchange functions, they provide vehicle-related services including auto title transfers, license plate renewals, and registration assistance directly connected to Illinois Secretary of State systems. Additional offerings include tax preparation, coin counting, prepaid cards, postage stamps, private mailboxes, and government document retrieval (birth, marriage, death certificates).
New Chicago Rush distinguishes itself through extended operating hours (7 AM–10 PM Monday–Saturday, 9 AM–5 PM Sunday), positioning itself as more accessible than traditional banks. The company emphasizes one-stop convenience, allowing customers to handle check cashing, vehicle registration, bill payment, and notary needs without visiting multiple locations. Their direct integration with Illinois Secretary of State systems for vehicle registration enables same-transaction license plate issuance.
However, this company is fundamentally a check-cashing and currency exchange service, not a lender or credit provider. Consumers seeking personal loans, emergency cash advances, or credit-building products will need to look elsewhere. The broad service menu, while convenient, suggests a retail-focused operation rather than depth in any single financial service category. No information is publicly available regarding fee structures, rate claims to verify, or customer reviews.
This is state-level context for Check Cashing & Money Services consumers in Chicago, IL. It does not confirm that Illinois Currency Exchange or this specific location is licensed.
State regulator
Illinois Department of Financial and Professional Regulation
Consumer protection
Short-term lending status: Restricted
General rate context: 36% APR cap on all consumer loans (Illinois Predatory Loan Prevention Act, 2021)
Illinois enacted the Predatory Loan Prevention Act in 2021, capping all consumer loans at 36% APR including fees, effectively banning traditional payday lending. The DFPR enforces comprehensive lending regulations. Consumers can file complaints online with DFPR or the Attorney General's office.
Source: CreditDoc state-law summary and listed public regulator resources. Verify licensing directly with the listed state regulator before relying on a provider.
Illinois Currency Exchange offers 12 services including Check Cashing, Money Orders, Money Transfers, ATM Service, Foreign Currency Exchange, and 7 more.
Illinois Currency Exchange has profile signals associated with Unbanked and underbanked consumers needing check cashing without a bank account, Chicago residents requiring vehicle registration, license plate renewal, or title transfer services, Customers needing multiple financial services (check cashing, bill pay, notary, tax prep) in one location, People working irregular hours who need access to financial services outside standard bank hours.
Key strengths: Extended hours: Open 7 AM–10 PM Monday–Saturday, providing access outside standard bank hours; One-stop convenience: Handles check cashing, money orders, vehicle registration, notary, bill pay, and tax prep in one location; Direct DMV integration: Real-time connection to Illinois Secretary of State for immediate license plate issuance. Areas to consider: No fee transparency: Website provides no information on check cashing fees, foreign exchange rates, or service charges; Not a lending institution: Cannot provide personal loans, emergency cash, or credit products.
In the Check Cashing & Money Services category, comparable providers include 55th & Pulaski Currency Exchange, 63rd & Pulaski Currency Exchange, FFS - Cermak & Wabash Currrency Exchange. Each company has different strengths, so compare services, pricing, and consumer complaint records before deciding what to do next.
CreditDoc Profile Note
New Chicago Rush Currency Exchange is profile signals for unbanked and underbanked Chicago residents who need check cashing, money orders, or vehicle registration services and value extended hours and multi-service convenience. The main caveat is that this is a service provider, not a lender—it cannot help with credit building, emergency loans, or debt management.
55th & Pulaski Currency Exchange offers check cashing, money orders, bill payment, and vehicle registration services in Chicago with extended hours from 6 AM–10 PM weekdays.
Profile signals: Unbanked or underbanked South Side Chicago residents needing check cashing and money transfer services, Vehicle owners requiring title transfers, registration renewals, and license plate services in one location
Full-service currency exchange offering check cashing, money transfers, bill pay, and government services like vehicle registration and vital records.
Profile signals: Chicago residents needing simultaneous vehicle registration and financial services without visiting multiple locations, Working-class unbanked or underbanked customers requiring extended-hours check cashing and bill pay
FFS – Cermak Wabash Currency Exchange is a Chicago-based financial services center offering check cashing, money transfers, vehicle registration, and currency exchange in a single location.
Profile signals: Immigrants and foreign nationals requiring currency exchange and check cashing, Unbanked and underbanked Chicago residents needing consolidated financial and government services
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