Payday Loans in Ohio | Cash Advance in Ohio

Home » Payday Loans in Ohio | Cash Advance in Ohio

Ohio Cash Loans Online



Short term financial instability is a part of life and is a widespread occurrence in many American households. However, this becomes a problem when it disrupts your daily life and plans. Payday loans can be beneficial when your bank account hits the low cash mode!

Payday loans are short term loans taken to cover small expenses like groceries, bills, back to school costs, an emergency car repair or a medical expense. The best attribute of payday loans is that they’re quick, hassle-free and much easier to access than a mortgage or auto loan.

The loan is taken against your current active income or your paycheck. Then, the receiver of the loan allows the lender to automatically deduct the principal and the interest from the respective account on the due date. Easy, right? Payday loans are much more common than many people think, even in the great state of Ohio.

Ohio is a substantial Midwestern state of the United States of America. It is the 34th largest state in the country by area, with a population of nearly 11.8 million people. The state capital and the largest city is Columbus. Ohio is a beautiful state historically known as the “Buckeye State” after its Ohio buckeye trees. It is bordered by Lake Erie to the north, Pennsylvania to the east and Indiana to the west.

Some of the state’s largest cities include the capital Columbus, Cleveland, and Cincinnati, all of which are massive tourist destinations and metropolitan areas. Columbus is also home to The Ohio State University and six corporations named to the U.S. Fortune 500 list: Alliance Data, Nationwide Mutual Insurance Company, American Electric Power, L Brands, Huntington Bancshares, and Cardinal Health in suburban Dublin.

The existence of a long list of Fortune 500 companies and universities in Columbus is proof that the city’s economy indeed is hustling and thriving. The manufacturing sector alone employs over 700,000 people. Insurance and banking, along with motor vehicle assembly and steel production, are some of Ohio’s most successful industries. However, even with such a stable employment rate, the citizens of Ohio are not always able to avoid financial difficulty. When citizens of Ohio run into financial difficulty, a payday loan can be just the thing to tide them over until they can get back on solid financial footing.

Payday loans in Ohio:

Fortunately, Ohio isn’t a very tricky place to navigate when it comes to payday loans. All lenders in Ohio are required to obtain a short-term Loan Law license. Online lenders are also required to obtain this license. Unlike most states, the loans are given from 91 days to 1 year, and rollovers are not allowed in Ohio.

We know that some people get a little worried about the term payday loans, and the process might sound a little intimidating at first. Don’t worry – we’ll walk you through every step of the process!

How much can I borrow?

The cap on payday loans in Ohio is pretty similar to other states. According to the regulations, you can borrow up to $1000. This is usually enough for most people to cover their short-term expenses.

Since people taking payday loans are usually looking for loans ranging from $100-$1000, Ohio is a good place if you are in need of some short-term cash.

How much interest can be charged?

Ohio has a stringent law about payday loan interest rates. The interest rate (APR) must not exceed 28% under any circumstances. The state wants to ensure that lenders do not overcharge consumers in the state, so you can rest assured that the interest rate will not be higher than this.

What are the payback regulations?

An ability to repay requirement must be complied with by a lender in cases where the loan agreement is less than 90 days. This is more good news for Ohio residents, as the state ensures that lenders are not trying to make it difficult for consumers.

Rollovers are strictly prohibited in the state of Ohio, which is another good sign. At Direct Payday Loans, we always encourage people to avoid rollovers whenever possible.

Easy Online Application:

Lengthy applications which require too many documents can really ruin an otherwise perfect day. So, we’ve compiled a straightforward and quick application for you. It only takes a few minutes for you to put in all your information. After you complete the application, you’re connected directly to a lender that best matches your needs.

We encourage you to read the specific terms of the payday loan agreement you choose very carefully to avoid any confusion.

Click here to start your application today!

Payday loan stores in Ohio:

While a convenient online application can make your life a lot easier, some people prefer business in person, and we completely respect and understand that!

For your convenience, we have put together a list of some payday lenders in the state of Ohio:

Advance America
451 Ohio Pike, Cincinnati, OH 45255
(513) 528-2100

Advance America is a very well known national payday loan retailer with stores all over the states. They have a reputation of being very friendly to their customers. The helpful attitude has helped them gain several loyal customers. Besides this, they have decent interest rates!

CheckSmart
932 OH-28, Milford, OH 45150
(513) 831-4455

CheckSmart is a well known payday loan brand with excellent ratings because of its accommodating staff and good payback policies. They’re not your go-to store if you’re looking for loans larger than $700; however, they are a great store when it comes to loans smaller than $700.

Ohio Cash Advance
111 E Main St, Hillsboro, OH 45133
 (937) 393-0300

Ohio Cash Advance is known for its quick service. The store accommodates loans as big as $1000 with a fast processing time of under a few hours. Many customers recommend this store according to online reviews!

Eagle Loan
4350 OH-128 Suite G, Cleves, OH 45002
(513) 353-0941

Eagle loan is an excellent store for payday loans. They have affordable interest rates but strict payback policies. So, if you’re looking for an instant loan but can for sure pay it back on time, this could be your store.

First Check Cash Advance
84 W Water St, Chillicothe, OH 45601
(740) 779-9093

First Check Cash Advance has a long history in the state with very helpful staff. In addition to this, they have many different loan options that help customers get exactly what they need!