Payday Loans in Belmore, Ohio

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No payday loan companies in Belmore, OH. Consider companies in other cities:

Company nameAddressZip codePhone number
Check n Go 4660 Ridge Rd, Cleveland, OH 44144 +1 (216) 661 - 8484
CashMax Ohio 513 E Main St, Circleville, OH 43113 +1 (740) 497 - 4039
City National Bank 201 State St, Proctorville, OH 45669 +1 (740) 886 - 1600
First American Loans 1790 S Erie Hwy G, Hamilton, OH 45011 +1 (513) 896 - 9719
Check 'n Go 1739 Wilson Ave, Youngstown, OH 44506 +1 (330) 744 - 3447
U.S. Bank ATM - Chesapeake 353 3rd Ave, Chesapeake, OH 45619 +1 (800) 872 - 2657
Firefighters Community Credit Union FFCCU 20333 Emerald Pkwy, Cleveland, OH 44135 +1 (216) 621 - 4644
Ohio Valley Cash Loans Inc 266 Upper River Rd, Gallipolis, OH 45631 +1 (740) 992 - 0461
Advance America 5580 Youngstown Warren Rd #6, Niles, OH 44446 +1 (330) 505 - 9145
Lendmark Financial Services LLC 55 Ghent Rd Suite 300, Fairlawn, OH 44333 +1 (330) 864 - 8053

Payday Loan Companies in Nearby Cities

If there are no payday loan companies in Belmore, OH, you can try to find different companies in big cities near by. Check out the following pages here: Payday Loans in Euclid, OH, Payday Loans in Fairborn, OH, Payday Loans in Fairfield, OH, Payday Loans in Findlay, OH, Payday Loans in Grove City, OH, Payday Loans in Hamilton, OH, No Credit Check Loans in Hilliard, OH and Payday Loan Companies in Lakewood, OH. But also, you can apply for a loan online, not coming out of your home. Just fill out a simple application on our website and we will connect you with trusted direct lenders in Belmore, OH.

Payday Loans Available in Belmore, OH By The Following ZIP Codes:

45815

Are Payday Loans Legal In Belmore, Ohio?

Loan Rates and Fees, Laws and Regulations in Ohio.

One good thing with these loans is that they give borrowers time to get back on their feet: while the states allow taking out payday loans for longtime periods, the lenders try not to let their customers pay them more than once. That way, they can avoid losing their money. Usually, you should contact the lender with a new request after avoiding using a loan for 6-12 months. What are the advantages of taking out payday loans? If you're in need of urgent funds to pay for an important expense, these can come as a life-saver: you get money to solve your problems quickly and easily (taking into consideration your location).

What's payday lending in Belmore, Ohio? A payday lending institution offers private short-term unsecured loans. You are expected to repay the loan amount along with finance charges within no longer than 365. In other words, you have a job that guarantees you regular income at least monthly, or some stable investment income (if it's greater than interest rate for payday loans) and simple financial status (no overdrafts or unpaid bills). To make sure that you repay your loans on time and lack no essential expenditures, try cutting down non-necessary expenses and save up some money before taking out such financial contracts. Take into consideration your financial situation while choosing one: make sure that there's no other way to come by urgent money and avoid borrowing too much by taking out several payday loans.

Payday lending is legal in Belmore, Ohio. There's a default limit of $1,000 in Belmore, Ohio, so take out several payday loans if needed. The maximum finance charges are 28% per annum (APR).

Ohio Loan Regulations

Legal StatusLegal (at a low cost)
Interest Rate (APR, %)28
Maximum Loan Amount$1,000
Minimum Loan Term91 days
Maximum Loan Term1 year
Number of Rollovers Allowed0
Finance Charges0.28

Belmore, OH payday loan calculator

Payday Loans in Belmore, Ohio: Everything You Need to Know

Payday loans have become a popular option for many people in need of quick cash. The process of obtaining a payday loan in Belmore, Ohio is easy and straightforward, making it a viable option for individuals who need cash fast and don’t want to go through the hassle of traditional bank loans. It is essential to note that payday loans are legal in the state of Ohio, and the state has implemented regulations to protect consumers.

What is a Payday Loan?

A payday loan is a short-term loan designed to provide people with quick cash. It is usually a small amount, with the repayment due in full on the borrower’s next payday. The loan typically consists of a finance charge or fee, and the fees can escalate quickly. It is essential to be financially responsible when applying for and utilizing a payday loan to avoid additional interest and fees.

The Payday Loan Process

The payday loan process is simple and easy. The first step is to find a reputable lender in Belmore. Once a lender is chosen, the borrower must provide the necessary information to the lender, including proof of income, bank account information, and personal identification. The lender will then evaluate the information to determine if the borrower is eligible for a payday loan. If approved, the borrower will receive the funds, typically within 24 hours. The loan must be paid back in full on the borrower’s next payday, including any fees or interest charges. The repayment process is also simple and straightforward. The lender will automatically withdraw the repayment amount from the borrower’s bank account on the due date.

Benefits of Payday Loans in Belmore, Ohio

  • Quick and easy access to cash
  • No credit check required
  • No collateral required
  • Flexible repayment options
  • Regulated to protect consumers

Interest Rates and Fees

The state of Ohio has implemented regulations to protect consumers from predatory lending practices. The maximum amount an individual can borrow through a payday loan is $1,000. The interest rate is capped at 28% per annum, and the maximum loan term is 31 days. This regulation makes payday loans in Belmore, Ohio accessible and cost-friendly compared to other states where payday loans are legal.

Interesting Facts and Statistics About Payday Loans in Belmore, Ohio

  • The average payday loan amount in Ohio is $337.
  • Ohio has the highest payday loan usage rate among all states in the US.
  • Ohio payday loan borrowers take an average of six loans per year.

It is essential to be financially responsible when applying for and utilizing a payday loan. Payday loans are a short-term financial solution and should not be used as a long-term financial strategy. It is vital to borrow only what you need and to have a plan in place to pay back the loan on time to avoid additional fees and interest.

Apply Now!

TheGuaranteedLoans is a connector service that can help connect you to potential lenders in Belmore, Ohio. We make it easy for you to apply online and get the funds you need quickly. Please keep in mind that we are not a direct lender and will not provide you with funds directly. However, we work with trusted and reputable lenders in your area who can assist you with your financial needs. To begin the process, fill out an online application on our website today!

F.A.Q.

Can a payday lender garnish my wages if I default on a payday loan in Belmore, Ohio?

Yes, a payday lender can garnish your wages if you default on a payday loan in Belmore, Ohio. However, the lender must first obtain a court order, and they can only garnish up to 25% of your disposable earnings per week. You have the right to request a hearing to challenge the garnishment, and you cannot be fired from your job for having your wages garnished.

What is a payday loan in Belmore, Ohio?

A payday loan is a short-term, high-interest loan that is typically used to cover unexpected expenses or to bridge a financial gap until the borrower's next payday.