Payday Loans in Cecil, Ohio

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

Company nameAddressZip codePhone number
Cashland 1099 W 5th St, Marysville, OH 43040 +1 (937) 642 - 9877
United Bank 1546 Marion-Mt Gilead Rd b, Marion, OH 43302 +1 (740) 389 - 2224
7 17 Credit Union - Kent Branch 2301 OH-59, Kent, OH 44240 +1 (330) 677 - 0001
Milton Banking Co 25 N Main St, New Holland, OH 43145 +1 (740) 495 - 5307
Geauga Credit Union Inc 14499 N Cheshire St, Burton, OH 44021 +1 (440) 834 - 4327
Caliber Home Loans -The Wellman Group 6450 Poe Ave 109, Dayton, OH 45414 +1 (937) 604 - 9511
1st Choice Financial 116 E Auglaize St # B, Wapakoneta, OH 45895 +1 (419) 738 - 3560
direct deposit loan 1391 W 5th Ave, Columbus, OH 43212 +1 (800) 446 - 9706
The Union Bank Co. 110 E N St, Kalida, OH 45853 +1 (800) 837 - 8111
Woodforest National Bank 1996 E Main St, Ashland, OH 44805 +1 (419) 281 - 1914

Payday Loan Companies in Nearby Cities

If there are no payday loan companies in Cecil, OH, you can try to find different companies in big cities near by. Check out the following pages here: Emergency Loan in West Chester, OH, Bad Credit Loans in Westerville, OH, Payday Loans in Westlake, OH, Payday Loan for Youngstown, OH, Payday Loan Without a Credit Check in Akron, OH, Payday Loans in Bowling Green, OH, Payday Loan Companies in Brunswick, OH and Payday Loans in Canton, 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 Cecil, OH.

Beautiful sights of Cecil, OH

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

45821

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

Cecil, OH payday loan calculator

Understanding Payday Loans in Cecil, Ohio

Payday loans are a popular financial product that caters to individuals who are in need of quick cash to meet various financial emergencies. In Ohio, payday loans are legal and regulated by state law. If you are looking for a reliable payday loan provider in Cecil, Ohio, you have come to the right place. In this article, we will provide you with all the information you need to know about payday loans in Cecil, Ohio.

What are payday loans?

Payday loans are small, short-term loans that are usually due on your next payday. They are designed to help you manage a short-term financial emergency until your next paycheck arrives. In Ohio, payday loans typically range from $100 to $1,500. Unlike traditional loans, payday loans are unsecured, which means they don’t require collateral such as a car or house.

How do payday loans work?

To apply for a payday loan in Cecil, Ohio, you will need to provide proof of income, a valid ID, and a bank account. The lender will use this information to determine your eligibility and loan amount. Once you are approved, you will receive the loan amount, which you will need to repay on your next payday.

The repayment period for payday loans in Ohio is usually between 14 and 30 days. You will need to pay back the loan amount plus interest and fees. If you are unable to repay on time, you may be charged additional fees and interest. This is why it is important to make sure you can repay the loan on time before taking it out.

The Pros and Cons of Payday Loans

Here are some pros and cons of payday loans that you should be aware of:

  • Pros: Payday loans are easy to qualify for and do not require collateral. They are available to individuals with poor credit and can be processed quickly.
  • Cons: Payday loans have high interest rates and fees, and if you are unable to repay on time, you may end up in a cycle of debt.

Payday loans in Cecil, Ohio: Interesting facts and statistics

Did you know that the average payday loan amount in Ohio is $318, and the average borrower takes out six payday loans per year? According to a report by the Pew Charitable Trusts, Ohio has some of the most borrower-friendly payday loan laws in the country. In fact, Ohio’s payday loan regulations were passed, with support from payday lenders, to address concerns about the high cost of payday loans and the cycle of debt they can create.

Apply Now

Are you in need of quick cash to meet a financial emergency? If you are a resident of Cecil, Ohio, we can help you find a reliable payday loan provider. At TheGuaranteedLoans, we are a connector service, not a direct lender. We will facilitate your connection with potential lenders who can provide you with the loan you need. Click the “Apply Now” button below to get started!

Conclusion

Payday loans in Cecil, Ohio can be a useful financial product for individuals in need of quick cash. However, it is important to make sure you can repay the loan on time before taking it out. If you do decide to take out a payday loan, make sure to read the terms and conditions carefully to avoid any surprises. At TheGuaranteedLoans, we are here to help you find a reliable payday loan provider in Cecil, Ohio.

F.A.Q.

Can I be charged late fees if I cannot repay a payday loan in Cecil, Ohio on time?

No, you cannot be charged late fees if you cannot repay a payday loan in Cecil, Ohio on time. However, you may be charged a one-time returned check fee if your check bounces or your electronic payment is not processed.

Are there any limits on the amount that can be borrowed with a payday loan in Cecil, Ohio?

Yes, there are limits on the amount that can be borrowed with a payday loan in Cecil, Ohio. The maximum loan amount is $1,000, and the maximum loan term is 31 days.