Payday Loans in Trimble, Ohio

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

Company nameAddressZip codePhone number
First Service Federal Credit Union 2164 Hilliard Rome Rd, Hilliard, OH 43026 +1 (614) 836 - 0100
Civista Bank 49 Sandusky St, Plymouth, OH 44865 +1 (419) 687 - 4081
7 17 Credit Union - Kent Branch 2301 OH-59, Kent, OH 44240 +1 (330) 677 - 0001
Eagle Loan Company 5460 Youngstown Warren Rd, Niles, OH 44446 +1 (330) 299 - 4222
The Vinton County National Bank 775 Western Ave, Chillicothe, OH 45601
WesBanco Bank 6501 Mason Montgomery Rd, Mason, OH 45040 +1 (513) 459 - 9660
Overlook Financial Co. 8189 Brecksville Rd, Brecksville, OH 44141 +1 (440) 922 - 9801
Antwerp Exchange Bank Co 305 S Main St, Antwerp, OH 45813 +1 (419) 258 - 5351
Ross County Banking Center 206 Church St, Richmond Dale, OH 45673 +1 (740) 884 - 4445
River Valley Tax Solutions Ltd 1805 11th St, Portsmouth, OH 45662 +1 (740) 353 - 1749

Payday Loan Companies in Nearby Cities

If there are no payday loan companies in Trimble, 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 Loan Companies in Dayton, OH, Emergency Loan in Delaware, OH, Guaranteed Loans in Dublin, OH, Online Loans in Elyria, OH, No Credit Check Loans in Euclid, OH, Payday Loans in Fairborn, OH and Bad Credit Loans 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 Trimble, OH.

Beautiful sights of Trimble, OH

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

45782

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

Trimble, OH payday loan calculator

The Ins and Outs of Payday Loans in Trimble, Ohio

Life can be a rollercoaster of unexpected expenses, from car repairs to medical bills and everything in between. When you’ve exhausted all other financial options and you need fast cash, a payday loan can be a viable solution. In Trimble, Ohio, payday loans are legal, and the process is relatively straightforward.

What Is a Payday Loan?

A payday loan is a type of short-term loan that’s designed for immediate cash needs. These loans have high-interest rates and are typically due on the borrower’s next payday. They’re also known as cash advances, easy loans, and salary loans.

To get a payday loan, you’ll need to provide proof of income and a post-dated check or authorization for a direct electronic withdrawal from your bank account. Loan amounts typically range from $100 to $1,000.

Ohio Payday Loan Laws and Regulations

Payday loans are legal in Ohio, but the state has strict regulations in place to protect borrowers. Under Ohio law, payday lenders can charge a maximum interest rate of 28% per annum. They can also charge a monthly maintenance fee of up to $20 per $100 loaned.

The maximum loan term is 31 days, and borrowers can’t take out more than $1,000 or 25% of their gross monthly income, whichever is less. Lenders are required to provide borrowers with a clear disclosure of the loan’s terms, including the interest rate and fees, in writing.

Benefits of Payday Loans

  • Fast and convenient: Payday loans can be approved quickly, and the funds can be deposited into your bank account within a day.
  • No credit check required: Payday lenders don’t typically require a credit check, so borrowers with poor credit can still qualify for a loan.
  • No collateral required: Payday loans are unsecured, so you won’t have to put up any collateral to get the loan.

Drawbacks of Payday Loans

  • High-interest rates: Payday loans have higher interest rates than other types of loans. The APR for payday loans can be as high as 400%, which can make it difficult to pay back the loan in time.
  • Short repayment term: Payday loans are due on the borrower’s next payday, which can make it difficult to repay the loan on time if the borrower is still in a financial crunch.
  • Potential debt cycle: If the borrower can’t repay the loan on time, they may have to renew the loan or take out a new one, which can lead to a cycle of debt.

Interesting Statistics on Payday Loans in Trimble, Ohio

  • The average payday loan amount in Ohio is $350.
  • Ohio payday loan borrowers owe an average of $450 in loan fees alone.
  • 55% of Ohio payday loan borrowers earn less than $30,000 per year.
  • Between 2015 and 2019, the number of Ohio payday lenders decreased by 27%.

Apply Now!

If you’re in a financial bind and need a payday loan in Trimble, Ohio, TheGuaranteedLoans can help. We’re a connector service that can connect you with potential lenders who can meet your needs. We don’t lend money directly, but we can help you find a lender who can. Fill out our online application today to get started!

Remember, payday loans are a short-term solution to a financial problem. Before taking out a loan, make sure you can afford to pay it back on time. If you’re struggling with long-term debt, reach out to a financial counselor for help.

F.A.Q.

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

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

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