Payday Loans in Rarden, Ohio

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

Company nameAddressZip codePhone number
Huntington Mortgage Group Maumee St , Bowling Green, OH 43402, Bowling Green, OH 43402 +1 (419) 353 - 0940
CashMax Ohio 1129 E US Hwy 36, Urbana, OH 43078 +1 (937) 508 - 4647
Lendmark Financial Services LLC 2827 Cleveland Rd, Wooster, OH 44691 +1 (330) 345 - 8004
Dick Clark Associates 875 Blake Ave SW, New Philadelphia, OH 44663 +1 (330) 308 - 5769
Citizens Bank 214 High St, Wadsworth, OH 44281 +1 (330) 334 - 2591
Cashland 518 S 2nd St, Coshocton, OH 43812 +1 (740) 295 - 0140
Lincoln Financial Advisors- Sagemark consulting 28601 Chagrin Blvd Suite 300, Cleveland, OH 44122 +1 (216) 765 - 7400
Get The Money You Need Now 429 Maxwell Ave, Steubenville, OH 43952 +1 (740) 274 - 3001
Vinton County National Bank 63109 OH-689, Wilkesville, OH 45695 +1 (740) 669 - 4651
Payday Loans 3431 Market St, Youngstown, OH 44507

Payday Loan Companies in Nearby Cities

If there are no payday loan companies in Rarden, OH, you can try to find different companies in big cities near by. Check out the following pages here: Payday Loans in North Royalton, OH, Emergency Loan in Reynoldsburg, OH, Payday Loans in Springfield, OH, Payday Loan Without a Credit Check in Stow, OH, Payday Loan Without a Credit Check in Strongsville, OH, Same Day Loans in Toledo, OH, Payday Loans in Warren, OH and Short-term Loans in West Chester, 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 Rarden, OH.

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

45671

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

Rarden, OH payday loan calculator

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

Payday loans are a common way for individuals to obtain short-term loans for emergency expenses. In Rarden, Ohio, payday loans are legal and available at a low cost. If you’re considering taking out a payday loan, you should understand the process and the potential risks involved.

How Payday Loans Work

Payday loans are typically small-dollar, short-term loans that borrowers repay on their next payday. The borrower typically writes a post-dated check or provides the lender with access to their bank account for the loan amount plus fees. The lender then agrees to hold the check until the borrower’s next payday, at which point they can cash it or withdraw the funds from the borrower’s bank account.

Ohio has regulations in place to protect borrowers from unscrupulous lenders. The maximum loan amount is $1,000, and lenders cannot charge more than 28% annual interest plus a $20 monthly maintenance fee. Lenders also must provide borrowers with a repayment plan option if they cannot repay the loan in full on their next payday.

The Risks of Payday Loans

While payday loans can be a helpful tool for individuals in need of emergency funds, they come with risks that borrowers should be aware of. One of the biggest risks is the high cost of borrowing. With fees and high interest rates, borrowers can end up paying much more than they initially borrowed, putting them in a cycle of debt.

Additionally, payday lenders often target individuals with poor credit, who may be desperate for funds. This can lead to predatory lending practices and borrowers being trapped in a cycle of borrowing and debt.

Interesting Facts and Statistics about Payday Loans in Rarden, Ohio

  • Ohio has some of the strongest consumer protections in the country when it comes to payday lending.
  • In 2019, Ohio payday lenders made 1.5 million loans totaling $435 million.
  • The average payday loan in Ohio is $346, and borrowers pay an average of $68 in fees and interest for a two-week loan.

How to Apply for a Payday Loan with TheGuaranteedLoans

If you need emergency funds and are considering a payday loan, TheGuaranteedLoans can help connect you with potential lenders. We are not a direct lender, but we work with a network of trusted lenders who can provide you with the funds you need. To get started, fill out our online application, and we’ll match you with lenders who meet your needs. Remember, payday loans should only be used for emergency expenses, and borrowers should understand the risks before taking out a loan.

Apply now and see if you qualify for a payday loan with one of our trusted lenders.

F.A.Q.

What is a payday loan in Rarden, Ohio?

A payday loan is a short-term loan that is typically used to cover unexpected expenses or financial emergencies. These loans are typically for small amounts of money, and are repaid on the borrower's next payday.

Are payday loans legal in Rarden, Ohio?

Yes, payday loans are legal in Rarden, Ohio. However, there are certain regulations that must be followed by lenders, including a maximum loan amount of $1,000 and a maximum loan term of 31 days.