Payday Loans in Richfield, Ohio

Get started
Payday Loan Title Loan Personal Loan Business Loan

All Credits Welcome!

If you have a bad credit score, then don’t worry – it’s not an issue for us!

TGL Loan Services

You can get your money fast after filling out the simple form on the "Get Started" page! Lenders cannot guarantee the approval, but they could approve your loans, even if you are unemployed, receiving government benefits.

Fast Money In Your Bank

You can get your money within hours after filling out the form! We work 24/7 for you!
  • This form is protected with secure 256-bit SSL encryption
  • By clicking “Get Started”, I consent and agree to the Privacy Policy and Terms of Use.

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

Company nameAddressZip codePhone number
Ohio Title Loans 609 E Chestnut St, Lancaster, OH 43130 +1 (740) 379 - 3765
Park National Bank: Heath Office 800 S 30th St, Heath, OH 43056 +1 (740) 522 - 5693
Cashland 214 Milan Ave, Norwalk, OH 44857 +1 (419) 668 - 9045
Raymond James Financial Services 75 S Miller Dr, Sunbury, OH 43074 +1 (740) 965 - 3121
Northwest Bank 49 S Main St, Oberlin, OH 44074 +1 (440) 775 - 1361
Mechanics Bank 2103 Park Ave W, Ontario, OH 44906 +1 (419) 529 - 4283
Guardian Finance Company 3812 Fishinger Blvd, Hilliard, OH 43026 +1 (614) 527 - 8710
Peoples Bank 3108 Maple Ave, Zanesville, OH 43701 +1 (740) 588 - 0100
Lan-Fair Federal Credit Union 926 Prestige Blvd, Lancaster, OH 43130 +1 (740) 654 - 2886
First Federal Savings & Loan 5 E Main St, Centerburg, OH 43011 +1 (740) 625 - 5392

Payday Loan Companies in Nearby Cities

If there are no payday loan companies in Richfield, OH, you can try to find different companies in big cities near by. Check out the following pages here: Payday Loans in Massillon, OH, Payday Loans in Mentor, OH, Payday Loans in Middletown, OH, Payday Loans in Newark, OH, Payday Loans in North Olmsted, OH, Payday Loans in North Ridgeville, OH, Emergency Loan in North Royalton, OH and Payday Loans in Reynoldsburg, 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 Richfield, OH.

Useful Articles

Beautiful sights of Richfield, OH

Photo of city Richfield, OH Photo of city Richfield, OH Photo of city Richfield, OH

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

44286

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

Richfield, OH payday loan calculator

Advise to read before applying

What You Need to Know about Payday Loans in Richfield, Ohio

If you live in Richfield, Ohio, and are in need of short-term cash, you may be considering a payday loan. Payday loans are legal in Ohio, but there are some important things you should know before you apply. In this article, we will explain how payday loans work, their benefits and drawbacks, and what you should consider when applying.

Payday Loan Basics

Payday loans are a type of short-term loan designed to help people who need cash quickly. They are typically used for unexpected expenses, such as car repairs or medical bills, and are meant to be repaid with the borrower’s next paycheck. In Ohio, payday loans are legal, but with limits.

Ohio Laws on Payday Loans

  • The maximum loan amount is $1,000
  • The maximum loan term is 6 months
  • The maximum interest rate is 28% APR
  • The maximum loan fees are 10% of the loan amount (up to $30)

It’s important to note that lenders may also charge additional fees, such as origination fees or late fees, so it’s essential to read the loan agreement carefully before signing.

Benefits of Payday Loans

The primary benefit of payday loans is the speed and convenience they offer. Unlike traditional loans, which can take weeks to process, payday loans can be approved and funded within a few hours or a day. This makes them ideal for emergency cash needs.

Another benefit of payday loans is that they are not typically subject to credit checks like other loans. This means that borrowers with poor credit scores may still be eligible for a loan.

Drawbacks of Payday Loans

While payday loans may be helpful in the short-term, they come with some significant drawbacks that borrowers should be aware of. One of the main drawbacks is the high-interest rates and fees. The 28% APR, while lower than other states, can still add up quickly, making it difficult for borrowers to pay back the loan on time.

Another drawback is the risk of falling into a debt trap. Due to the short-term nature of payday loans, borrowers may find themselves needing another loan to cover expenses before their next paycheck arrives. This cycle can lead to a debt trap that is difficult to escape from.

What to Consider Before Applying

Before applying for a payday loan, it’s important to consider your financial situation carefully. Can you afford to repay the loan on time, including the fees and interest? If not, a payday loan may not be the best option for you.

You should also make sure to read the loan agreement carefully to understand the terms and conditions of the loan. If there is anything you don’t understand, be sure to ask the lender for clarification.

Facts and Statistics about Payday Loans in Richfield, Ohio

  • The average payday loan in Ohio is $318
  • Only 1% of Ohio payday loan borrowers are able to repay the loan on time
  • Ohio has the highest payday loan APR in the nation at 28%
  • As of 2020, there were over 2,000 payday loan stores in Ohio

Apply Now

If you have carefully considered your financial situation and decide that a payday loan is the best option for you, TheGuaranteedLoans can help. As a connector service, we can help you find potential lenders who may be able to offer you a loan. Our online application process is easy and straightforward.

Remember, we are not a direct lender, and we do not make lending decisions. We simply facilitate the connection between borrowers and potential lenders. If you are approved for a loan, be sure to read the loan agreement carefully and make sure you can repay the loan on time.

Apply for a Payday Loan in Richfield, Ohio now and get the cash you need!

F.A.Q.

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

No, you cannot be charged late fees if you cannot repay a payday loan in Richfield, 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 Richfield, Ohio?

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

Look for Short-Term Loans in Other Cities:

Akron Bowling Green Brunswick Canton Chillicothe Cincinnati Cleveland Columbus Cuyahoga Falls Dayton Delaware Dublin Elyria Euclid Fairborn Fairfield Findlay Grove City Hamilton Hilliard Lakewood Lancaster Lima Lorain Mansfield Marion Mason Massillon Mentor Middletown Newark North Olmsted North Ridgeville North Royalton Reynoldsburg Springfield Stow Strongsville Toledo Warren West Chester Westerville Westlake Youngstown
Ukraine needs your help!

TGL Loans: helps connect people with lenders that provide money loans for all US residents. If you have a bad credit history, it is not a problem. You can fill out the application at any time 24/7. Make your dreams come true!

Customer Notice: Cash advance loans should be used for short-term personal requirements primarily, not as long-term budgetary remedies. Clients together with credit score issues ought to look for credit advice. Subject to state regulations, qualification, credit check, underwriting and approval. Rates, terms and conditions apply

Client Guidance: Payday loans are generally designed as a temporary financial bridge that allows individuals to borrow a modest amount of money until their next paycheck arrives. This type of loan is often used as an immediate financial remedy for unforeseen expenses, especially for those lacking a financial cushion or significant savings. If you find yourself struggling to manage your finances and considering a payday loan, it's crucial to consult with a qualified financial advisor. It's also important to familiarize yourself with the specific payday loan laws in your jurisdiction.

Accessibility: This platform's services may not be available to residents of certain states due to local regulations. To determine whether you can access this service, please review your area's legal guidelines. Additionally, be advised that the terms and conditions of this website can be altered at any time without prior notice.

Important Notice: TheGuaranteedloans.com is not a loan company and for that reason cannot determine whether or not you're eventually permitted for any advance, neither can we establish the sum of loan you might be provided. Every lending options, purchasing services and products are offered without having guarantee. When searching for deals, remember to evaluate the budgetary institution’s Terms and Conditions.

NOT A LENDER Disclosure: TheGuaranteedLoans.com is NOT a lender. We do not give any loans or credits. We do not store any of your financial or personal data. We are connecting service that sends all the data you enter on the Application page directly to the lenders. We may store after your approval - your name and email address.

Copyright © 2024 TheGuaranteedLoans. All trademarks are the property of their respective owners.