Payday Loans in Salesville, Ohio

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

Company nameAddressZip codePhone number
Park National Bank: Mansfield South Office 460 W Cook Rd, Mansfield, OH 44907 +1 (419) 756 - 3696
First Financial Bank 7470 Mason Montgomery Rd, Mason, OH 45040 +1 (513) 204 - 2000
Lincoln Financial Advisors 355 E Center St, Marion, OH 43302 +1 (740) 382 - 1775
KeyBank 8405 Munson Rd, Mentor, OH 44060 +1 (440) 255 - 0612
National Cash Advance 3105 Belmont Ave, Youngstown, OH 44505 +1 (330) 759 - 4628
Croghan Colonial Bank 2820 E Harbor Rd, Port Clinton, OH 43452 +1 (419) 732 - 6150
The Union Bank Co. 100 S High St, Columbus Grove, OH 45830 +1 (800) 837 - 8111
WesBanco Bank 1210 N Court St, Circleville, OH 43113 +1 (740) 420 - 3520
Ohio Auto Loan Services, Inc. 1706 N Memorial Dr, Lancaster, OH 43130 +1 (740) 205 - 6840
Premier Bank 4625 N River Rd NE, Warren, OH 44484 +1 (330) 856 - 1940

Payday Loan Companies in Nearby Cities

If there are no payday loan companies in Salesville, OH, you can try to find different companies in big cities near by. Check out the following pages here: Payday Loans in Lima, OH, Payday Loans in Lorain, OH, Payday Loan Companies in Mansfield, OH, Emergency Loan in Marion, OH, Payday Loans in Mason, OH, Payday Loans in Massillon, OH, Payday Loans in Mentor, OH and Payday Loans in Middletown, 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 Salesville, OH.

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

43778

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

Salesville, OH payday loan calculator

Understanding payday loans in Salesville, Ohio

Payday loans are a popular type of short-term loan that can provide financial relief to borrowers who need money quickly. In Salesville, Ohio, payday loans are legal, but only at a low cost. If you are considering getting a payday loan in Salesville, it’s important to understand how these loans work, the eligibility requirements, and the potential risks involved.

How payday loans work

A payday loan is typically a small, short-term loan that is due on the borrower’s next payday. Borrowers typically repay the loan in one lump sum, plus interest and fees. In Ohio, payday loans are capped at $1,000, and the loan term cannot exceed 6 months.

To get a payday loan in Salesville, Ohio, you will need to provide proof of income, such as a pay stub or Bank statements. You must also be at least 18 years old, have a valid ID, and have an active checking account.

Risks and benefits of payday loans

Payday loans can be beneficial for borrowers who need money quickly and don’t have access to other types of credit, such as credit cards or personal loans. However, payday loans also come with risks.

The main risk of payday loans is the high interest rates and fees. In Ohio, payday lenders are allowed to charge up to 28% interest on a loan, plus a verification fee of $5 and a loan origination fee of 1% of the loan amount.

If you cannot repay the loan on time, you may face additional fees and charges, and your credit score could be negatively affected. In some cases, borrowers may end up trapped in a cycle of debt, where they continually take out new loans to pay off old ones.

Interesting facts and statistics about payday loans in Salesville, Ohio

  • In Ohio, the average payday loan amount is $348, and the average annual percentage rate (APR) is 591%
  • There are more than 1,600 payday lending locations in Ohio
  • Between 2012 and 2016, Ohio payday borrowers paid more than $500 million in fees and interest

Apply Now

If you are in need of a payday loan in Salesville, Ohio, TheGuaranteedLoans can help connect you with potential lenders. We are not a direct lender, but a connector service that can facilitate your connection with lenders who may be able to provide the funds you need. To get started, simply fill out our online application, and we will work to match you with a lender who may be able to offer you a payday loan.

Please note that payday loans are a short-term solution, and should only be used for emergency expenses. If you are struggling with long-term debt, or need help managing your finances, consider speaking with a financial advisor or credit counseling service for additional assistance.

F.A.Q.

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

If you are unable to repay your payday loan in Salesville, 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 Salesville, Ohio?

If you default on a payday loan in Salesville, 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.