Payday Loans in Carbondale, Ohio

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

Company nameAddressZip codePhone number
The Payday Light Smithville Rd, Dayton, OH 45420 +1 (937) 203 - 1361
CheckSmart 1731 W State St, Alliance, OH 44601 +1 (330) 680 - 4587
ATM M&t Bank 20 W Waterloo Rd, Akron, OH 44319
First Choice Financial 680 E Main St, Jackson, OH 45640 +1 (740) 288 - 2300
U.S. Bank Branch 53 Portage St, Doylestown, OH 44230 +1 (330) 658 - 2047
Ohio Valley Cash Loans, Inc. 406 Washington Blvd, Belpre, OH 45714 +1 (740) 423 - 8007
1st National Bank & ATM 1160 E Main St, Lebanon, OH 45036 +1 (513) 932 - 3221
Peoples Bank 101 Harry Sauner Rd, Hillsboro, OH 45133 +1 (937) 393 - 6659
LCNB National Bank 225 W Upper Lewisburg Salem Rd, Brookville, OH 45309 +1 (513) 932 - 1414
Genesis Accounting & Management Services 4955 Oberlin Ave, Lorain, OH 44053 +1 (440) 989 - 2570

Payday Loan Companies in Nearby Cities

If there are no payday loan companies in Carbondale, OH, you can try to find different companies in big cities near by. Check out the following pages here: Payday Loan Companies in Hilliard, OH, Payday Loans in Lakewood, OH, Same Day Loans in Lancaster, OH, Payday Loans in Lima, OH, Payday Loan Without a Credit Check in Lorain, OH, Same Day Loans in Mansfield, OH, Payday Loans in Marion, OH and Payday Loans in Mason, 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 Carbondale, OH.

Are Payday Loans Legal In Carbondale, 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 Carbondale, 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 Carbondale, Ohio. There's a default limit of $1,000 in Carbondale, 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

Carbondale, OH payday loan calculator

Payday Loans in Carbondale, Ohio: A Comprehensive Guide

In need of quick cash to cover an emergency expense or unexpected bill? A payday loan might be the solution you’re looking for. And in Carbondale, Ohio, these loans are legal and come at a relatively low cost. In this comprehensive guide, we’ll break down everything you need to know about payday loans in Carbondale, Ohio.

What is a Payday Loan?

First things first, let’s define what a payday loan is. A payday loan is a type of short-term loan intended to be repaid on or before your next payday. These loans are usually for amounts ranging from a few hundred to a few thousand dollars, depending on your income and the lender. Payday loans are typically easy to obtain, and many can be applied for online.

How Do Payday Loans Work?

The application process for payday loans is usually quite simple. You’ll be asked to provide proof of income, government-issued identification, and a bank account. Some lenders may also require a postdated check or authorization to debit your bank account on the due date.

If you’re approved for a payday loan, the funds will be deposited into your bank account. Most lenders will require you to repay the loan on your next payday, although some may offer longer repayment periods. Keep in mind that payday loans often come with high interest rates and fees, so it’s important to read the terms and conditions carefully before accepting a loan.

What Are the Benefits of Payday Loans?

  • Quick and easy application process
  • No credit check required
  • Relatively low cost in Carbondale, Ohio compared to other states
  • Can be used for a variety of purposes

However, it’s important to note that payday loans also come with some risks, particularly if you’re not able to repay the loan on time. Late fees and high interest rates can quickly add up, making it difficult to get out of debt. If you’re considering a payday loan, make sure you have a plan to repay the loan on time and in full.

Interesting Facts and Statistics about Payday Loans in Carbondale, Ohio

  • The average payday loan in Ohio is $323
  • In 2019, Ohio lawmakers passed a bill that aimed to curb high-interest payday loans and promote more affordable installment loans
  • Carbondale, Ohio has several payday loan locations throughout the town for easy accessibility
  • According to a report by Pew Charitable Trusts, the majority of payday loan borrowers in Ohio make less than $30,000 per year.

Apply Now for a Payday Loan in Carbondale, Ohio

If you’re in need of quick cash, consider applying for a payday loan through TheGuaranteedLoans. As a connector service, we help match borrowers with potential lenders who can offer the best loan terms for their needs. Apply now through our online application and get connected with lenders in Carbondale, Ohio.

Please note that TheGuaranteedLoans is not a direct lender and cannot guarantee loan approval. However, we strive to provide our customers with the best possible options to meet their borrowing needs.

Remember, payday loans can be a helpful tool in certain circumstances, but it’s important to use them responsibly. Always read the terms and conditions carefully and have a plan to repay the loan on time to avoid additional fees and interest charges.

F.A.Q.

Can I rollover my payday loan in Carbondale, Ohio?

No, rollovers are not allowed in Carbondale, Ohio. This means that if you are unable to repay your loan on the due date, the lender cannot extend the loan term or offer a new loan to cover the outstanding balance. You will need to make arrangements to repay the loan in full.

Are there any alternative options to payday loans in Carbondale, Ohio?

Yes, there are alternative options to payday loans in Carbondale, Ohio. For example, some credit unions and banks offer short-term loans with more favorable terms and rates. Additionally, there are organizations that offer financial counseling and assistance with budgeting and debt management.