Ohio Payday Loan

Ohio is the odd one in the family of states where payday lending is legal. Although the state of Ohio is the eighth leading state with its large number of payday lenders, it also has one of the lowest interest rates for payday lending loans in the country and with terms that are long lasting. Despite the unusual differences between the payday lender terms in Ohio and the other states, Ohio has a healthy payday loan industry that is booming. And here is more good news for all Ohio residents: if you are strapped for cash, SameDayPayday can help. A payday loan can be just what you need to pay for emergency car repairs or other unexpected expenses that otherwise would have to wait until your next payday, and thereby cause you significant inconvenience.

When so many payday loan lenders to choose from, how can you possibly choose the most suitable payday loan for you? That’s where SameDayPayday comes in. Our site is the largest payday review site with in-depth profiles of the biggest cash advance providers in the United States.

Lending institutions are regulated primarily by individual states. The cash advance lending industry sits atop an active and shifting legal landscape. Lenders are lobbying fervently to enable cash advance lending practices, while their equally zealous opponents lobby to stop the short-term loans in the name of consumer protection.

Ohio Payday Lending Laws

It is legal to offer payday lending services in Ohio. The maximum you can borrow is $500 with a loan term of a minimum of 31 days. The finance charge for a $100 payday loan for 14 days is $1.08. In Ohio you can have only one loan out at a time (four per year). No extensions are allowed.

Additionally, Ohio law offers “cooling-off” period making the payday loan limit a two loan limit in 90 days.

When the states were surveyed in 2006 to find out the numbers of payday lenders operating in each state, it was found that Ohio holds eighth place for the most payday lenders with over 1,374 payday lender operations in Ohio. Of course that number pales in comparison to the World Wide Web figures. In an internet search early 2017, “payday loans Ohio” turned up 495,000 hits!

The state motto of Ohio is: “With God, All Things Are Possible.”

Stop worrying about how you will ever make it to your next payday. Let SameDayPayday help you in triumph over financial constraints with a quick, efficient and confidential payday loan today!

Ohio Payday Loan - Cities

• Akron
• Barberton
• Bowling Green
• Brunswick
• Canton
• Cincinnati
• Cleveland
• Cleveland Heights
• Columbus
• Cuyahoga Falls
• Dayton
• Delaware
• Dublin
• Elyria
• Euclid
• Fairborn
• Fairfield
• Findlay
• Grove City
• Hamilton
• Kent
• Lakewood
• Lancaster
• Lima
• Lorain
• Mansfield
• Marion
• Mason
• Massillon
• Mentor
• Middletown
• Newark
• North Olmsted
• Reynoldsburg
• Springfield
• Stow
• Toledo
• Warren
• Westerville
• Youngstown

Ohio Cash Advance Loans

Ohio cash advance loans are really very simple. The Buckeye State has already seen many of its residents go to SameDayPayday.com and discover relief from their financial emergency. One of the great things about shopping online for a cash advance loan is that it is faster, more convenient and confidential. Don’t fret about how you’re going to keep yourself financially afloat until your next paycheck, simply come to SameDayPayday and know within minutes if you’ve been approved. Deposited funds usually take up to one business day.