Payday Loans in Nankin, Ohio

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

Company nameAddressZip codePhone number
ACE Cash Express 717 W Coshocton St, Johnstown, OH 43031 +1 (740) 966 - 5245
Stifel 3685 Stutz Dr 201, Canfield, OH 44406 +1 (330) 599 - 5940
CheckSmart 932 OH-28, Milford, OH 45150 +1 (513) 831 - 4455
Directions Credit Union 27427 Crossroads Pkwy, Rossford, OH 43460 +1 (888) 508 - 2228
ACE Cash Express 2550 1/2 Market St, Youngstown, OH 44507 +1 (330) 788 - 2337
Loan Central 1080 N Bridge St #43, Chillicothe, OH 45601 +1 (740) 773 - 5626
Halm Investments Pinnacle Capital Management 104 Pinnacle Dr, Fremont, OH 43420 +1 (419) 547 - 9844
ACE Cash Express 4787 Red Bank Expy, Cincinnati, OH 45227 +1 (513) 271 - 3602
The Fort Jennings State Bank 12 E Main St, Leipsic, OH 45856 +1 (419) 943 - 2528
Superior Auto, Inc 1053 S Shannon St, Van Wert, OH 45891 +1 (419) 238 - 7314

Payday Loan Companies in Nearby Cities

If there are no payday loan companies in Nankin, OH, you can try to find different companies in big cities near by. Check out the following pages here: No Credit Check Loans in Hamilton, OH, Payday Loans in Hilliard, OH, Short-term Loans in Lakewood, OH, Payday Loans in Lancaster, OH, Payday Loans in Lima, OH, Payday Loans in Lorain, OH, Payday Loans in Mansfield, OH and Bad Credit Loans in Marion, 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 Nankin, OH.

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

Nankin, OH payday loan calculator

Payday Loans in Nankin, Ohio: A Comprehensive Guide

If you’re in need of quick cash in Nankin, Ohio, you might be considering a payday loan. These short-term loans can be a helpful option in financial emergencies, but it’s important to understand the terms and risks before taking one out. In this guide, we’ll cover everything you need to know about payday loans in Nankin, Ohio, so you can make an informed decision.

What are payday loans?

Payday loans are small, short-term loans that are typically due on your next payday. They are designed to provide quick cash to people who need it for unexpected expenses or emergencies. In Ohio, payday loans are legal, but only if they meet certain requirements.

How do payday loans work in Ohio?

In Ohio, payday loans are regulated under the Short-Term Loan Act. This law limits the amount you can borrow to $1,000 or 25% of your gross monthly income, whichever is less. The loan term must be between 91 and 365 days, and the interest rate is capped at 28% APR.

To apply for a payday loan in Nankin, Ohio, you’ll need to provide proof of income, such as a pay stub, and a valid ID. You’ll also need to provide a post-dated check or authorization for the lender to withdraw the loan amount plus fees from your bank account on your next payday.

What are the risks of payday loans?

While payday loans can be a helpful option in financial emergencies, they come with risks. The high interest rates and fees can quickly add up, making it difficult to repay the loan on time. If you’re unable to repay the loan on your next payday, you may be charged additional fees and interest, and your credit score could be negatively affected.

It’s important to carefully consider whether a payday loan is the best option for your financial situation. If you’re struggling with debt, a payday loan may only make your situation worse.

Apply Now

If you need quick cash in Nankin, Ohio, TheGuaranteedLoans can help connect you with potential lenders. Our online application process is easy and secure, and you’ll receive a decision in minutes. Remember, we are a connector service and not a direct lender.

Interesting Facts and Statistics about Payday Loans in Nankin, Ohio

  • In 2019, there were 237 licensed payday lending locations in Ohio.
  • The average APR for payday loans in Ohio is 667%, the second-highest in the nation.
  • In 2018, Ohio payday lenders made more than 1 million loans, with an average loan size of $350.
  • The Short-Term Loan Act was enacted in 2008 to regulate payday lending in Ohio, but efforts to reform the industry continue.

The Bottom Line

Payday loans can provide quick cash in emergencies, but they come with risks and high costs. If you’re considering a payday loan in Nankin, Ohio, be sure to carefully read the terms and understand the risks before agreeing to the loan. And remember, TheGuaranteedLoans is here to help connect you with potential lenders if you need quick cash.

Disclaimer: TheGuaranteedLoans.com is not a lender. TheGuaranteedLoans.com is a connector service that facilitates connections between borrowers and potential lenders. The information on this website is for informational purposes only and does not constitute legal or financial advice. Loan terms and rates will vary depending on the lender and your credit profile. This website is not an offer to lend and does not constitute an application for a loan.

F.A.Q.

What are the maximum interest rates and fees that can be charged on payday loans in Nankin, Ohio?

The maximum interest rate that can be charged on payday loans in Nankin, Ohio is 28% per year, which is equivalent to a maximum APR of 791% for a 14-day loan. The maximum fee that can be charged for a payday loan in Nankin, Ohio is $15 per $100 borrowed, or $30 for loans of $500 or more.

Can I have more than one payday loan at a time in Nankin, Ohio?

Yes, you can have multiple payday loans in Nankin, Ohio at the same time, but the total amount of outstanding payday loans cannot exceed 25% of your gross monthly income.