Payday Loans in Donnelsville, Ohio

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

Company nameAddressZip codePhone number
Donnelley Financial Solutions 1300 E 9th St 1200, Cleveland, OH 44114 +1 (216) 621 - 8384
General Electric Credit Union Eastgate 4450 Eastgate Blvd 255, Cincinnati, OH 45245 +1 (513) 243 - 4328
Huntington Bank 515 Union Ave, Dover, OH 44622 +1 (330) 343 - 6760
Farmers State Bank - Marshallville 10 N Main St, Marshallville, OH 44645 +1 (330) 855 - 8234
Rehmann 7124 Central Ave, Toledo, OH 43617 +1 (419) 865 - 8118
Get The Money You Need Now 429 Maxwell Ave, Steubenville, OH 43952 +1 (740) 274 - 3001
Osgood Bank 165 E Lake St, Lakeview, OH 43331 +1 (937) 843 - 4100
First Service Federal Credit Union 2164 Hilliard Rome Rd, Hilliard, OH 43026 +1 (614) 836 - 0100
KeyBank 960 W State St, Alliance, OH 44601 +1 (330) 823 - 9615
Huntington Bank 3805 E Harbor Rd, Port Clinton, OH 43452 +1 (419) 734 - 5554

Payday Loan Companies in Nearby Cities

If there are no payday loan companies in Donnelsville, OH, you can try to find different companies in big cities near by. Check out the following pages here: Guaranteed Loans in Cuyahoga Falls, OH, Payday Loans in Dayton, OH, Payday Loans in Delaware, OH, Guaranteed Loans in Dublin, OH, Payday Loans in Elyria, OH, Payday Loans in Euclid, OH, Short-term Loans in Fairborn, OH and Emergency Loan in Fairfield, 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 Donnelsville, OH.

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

45319

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

Donnelsville, OH payday loan calculator

Payday Loans in Donnelsville, Ohio: What You Need to Know

If you are struggling to make ends meet, a payday loan may be a viable option for you. A payday loan is a type of short-term loan that is designed to provide financial relief until your next paycheck. They are particularly popular in Ohio, where they are legal and available at a low cost. In this article, we will explore the world of payday loans in Donnelsville, Ohio, and what you need to know before applying for one.

How Payday Loans Work in Donnelsville, Ohio

In Donnelsville, Ohio, payday loans are regulated by the Ohio Short-Term Loan Act (STLA). This act requires all lending companies to provide full disclosure of the terms and conditions of their loans to their customers. Before taking out a payday loan, it is important to read and understand all of the terms and conditions to avoid any surprises down the road.

When you apply for a payday loan in Donnelsville, Ohio, you will typically need to provide proof of income and identification, such as a driver’s license. You will then be asked to write a post-dated check for the amount of the loan plus any fees. Once your application is approved, you will receive the loan amount in cash (or transferred directly to your bank account) and the lender will hold onto the post-dated check until your next payday.

Pros and Cons of Payday Loans in Donnelsville, Ohio

Payday loans can be a helpful tool for those who need money quickly, but they are not without their drawbacks. Here are some of the pros and cons of payday loans in Donnelsville, Ohio:

Pros:

  • Payday loans are typically easy to obtain and require minimal documentation.
  • You can receive your loan amount quickly, often within 24 hours.
  • Payday loans can help you avoid costly late fees or overdraft charges.

Cons:

  • Payday loans often have high interest rates and fees, which can make them expensive over time.
  • If you cannot repay the loan on time, you risk falling into a cycle of debt.
  • Payday loans do not help address the underlying financial issues that led to the need for the loan in the first place.

Interesting Facts about Payday Loans in Donnelsville, Ohio

According to a survey conducted by the Pew Charitable Trusts, Ohio has one of the most robust payday lending markets in the country. The survey found that roughly one in 10 adults in Ohio have taken out a payday loan in the past five years, with an average loan amount of $375 and an average interest rate of 591 percent APR. The survey also found that borrowers in Ohio are often trapped in a cycle of debt, with the average borrower taking out eight loans per year.

Apply Now with TheGuaranteedLoans

If you are interested in taking out a payday loan in Donnelsville, Ohio, TheGuaranteedLoans can help connect you with potential lenders. Our online application process is quick and easy, and we work with a network of reputable lenders to help you find the loan that best fits your needs. Please note that we are a connector service, not a direct lender. We facilitate your connection with potential lenders only.

Apply now and get the financial relief you need today with TheGuaranteedLoans!

F.A.Q.

What should I do if I cannot repay my payday loan in Donnelsville, Ohio?

If you are unable to repay your payday loan in Donnelsville, Ohio, it is important to contact the lender immediately. They may be able to offer assistance with a repayment plan or refer you to an organization that can help. It is important to avoid defaulting on the loan, as this can result in additional fees and damage to your credit score.

What are the consequences of defaulting on a payday loan in Donnelsville, Ohio?

If you default on a payday loan in Donnelsville, Ohio, the lender may pursue legal action to recover the outstanding balance. This can result in additional fees, damage to your credit score, and potentially even wage garnishment. It is important to make every effort to repay the loan in a timely manner to avoid these consequences.