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Ohio Payday Loan

State Laws Applicable to the Payday Loan Industry:
Ohio is indisputably one state in the US that stands out in the payday loan industry due to its favorable loan terms and low interest rates. All cash advance businesses must have a license with the state and are regulated under The Ohio Check Cashing Loan Act. Lenders must produce a written loan contract outlining all rates and fees that borrowers must agree to before a payday loan can be issued. Additionally, consumers are permitted to have only one check advance loan at a time.

Maximum Cash Advance Loan Amount Issued:
Consumers in Ohio can benefit from having access to one of the highest cash advance loan amounts in the nation. Ohio offers up to $800 in payday loan funds, while the majority of states throughout the nation only offer $500 on average.

Length of Payday Loan Term:
The maximum loan period offered in Ohio is 6 months.

Cash Advance Loan Extensions:
Consumers are not offered the option of renewing, refinancing, extending, or rolling over their payday loans.

Payday Loan Fees and Additional Charges:
Payday lenders may charge a maximum monthly interest rate of 15%.

Cash Advance Fee Schedules and Annual Percentage Rate (APR):
A 15% monthly interest rate or $15 interest charge converts into an APR of 390% on a $100 cash advance issued for a period of 14 days.

Cash Advance Directory


Company: Check Into Cash Of Ohio Llc
Street Address: 13367 Smith Rd
City: Cleveland
State: OH
Zip: 44130
Phone: [440] 845-4402

Company: Check-N-Go Of Ohio Inc
Street Address: 2005 Baney Rd S
City: Ashland
State: OH
Zip: 44805
Phone: [419] 207-8500

Company: Casa Guerrero
Street Address: 775 East Ave
City: Fairfield
State: OH
Zip: 45011
Phone: [513] 895-1241

Company: Check Into Cash Of Ohio Llc
Street Address: 1796 W Park Sq
City: Xenia
State: OH
Zip: 45385
Phone: [937] 372-7073

Company: Cashland
Street Address: 645 W 2Nd St
City: Xenia
State: OH
Zip: 45385
Phone: [937] 374-2738


Click here for more Ohio cash advance companies.

Debt Management Directory


Company: Keybank National Association
Street Address: 6575 Brecksville Rd
City: Cleveland
State: OH
Zip: 44131
Phone: [216] 524-4181

Company: Knezevich & Foerster Ltd
Street Address: 15828 Industrial Pkwy
City: Cleveland
State: OH
Zip: 44135
Phone: [216] 362-0050

Company: R T K Associates
Street Address: 6929 W 130Th St Ste 402
City: Cleveland
State: OH
Zip: 44130
Phone: [440] 842-6633

Company: Southeast Financial Services
Street Address: 16004 Broadway Ave Ste 2
City: Cleveland
State: OH
Zip: 44137
Phone: [216] 662-1555

Company: Dollar Bank
Street Address: 14569 Pearl Rd
City: Cleveland
State: OH
Zip: 44136
Phone: [440] 238-8080


Click here for more Ohio credit card debt management companies.

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