Payday Loans in Watertown, Ohio

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 Watertown, OH. Consider companies in other cities:

Company nameAddressZip codePhone number
U.S. Bank Branch 100 E Main St, Eaton, OH 45320 +1 (937) 456 - 8030
Woodforest National Bank 8160 Macedonia Commons Blvd, Macedonia, OH 44056 +1 (330) 468 - 1010
Payday Cash Advance Akron, OH 44306 +1 (330) 786 - 9053
Cashland 1682 State Rd, Cuyahoga Falls, OH 44223 +1 (330) 564 - 0689
Advance America 9315 OH-14 c, Streetsboro, OH 44241 +1 (330) 626 - 2901
Huntington Bank 205 West Ave, Tallmadge, OH 44278 +1 (330) 633 - 2863
MoneyGram 1744 W Laskey Rd, Toledo, OH 43613 +1 (419) 474 - 2223
First National Bank of Dennison 105 Grant St, Dennison, OH 44621 +1 (740) 922 - 2532
First Financial Bank 202 N Main St, Delphos, OH 45833 +1 (419) 695 - 8110
Drs of Ohio 1669 Lexington Ave, Mansfield, OH 44907 +1 (419) 589 - 4002

Payday Loan Companies in Nearby Cities

If there are no payday loan companies in Watertown, OH, you can try to find different companies in big cities near by. Check out the following pages here: Bad Credit Loans in Findlay, OH, Payday Loans in Grove City, OH, Payday Loans in Hamilton, OH, Online Loans in Hilliard, OH, Short-term Loans in Lakewood, OH, Bad Credit Loans in Lancaster, OH, Same Day Loans in Lima, OH and Payday Loans in Lorain, 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 Watertown, OH.

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

45787

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

Watertown, OH payday loan calculator

Payday Loans in Watertown, Ohio: The Comprehensive Guide

Ohio is one of the few states that allow payday loans, and Watertown is no exception. Payday loans are one of the quickest ways to get cash when you’re short on funds, especially when you have an unexpected expense.

At TheGuaranteedLoans, we specialize in connecting borrowers with lenders who offer payday loans in Watertown. This guide will help you understand the ins and outs of payday loans in Watertown, what to look for in a lender, and how to ensure they are affordable for you.

Payday Loan Basics

Payday loans are short-term loans that are typically due on your next payday. The loans are designed to get you through a financial emergency or unexpected expense, so the amounts are generally small.

In Ohio, payday loans are legal but restricted. Borrowers can take out loans up to $1,000, with interest rates capped at 28% APR. Additionally, lenders may charge a loan origination fee of up to 10% of the loan amount. The loan term cannot exceed 31 days.

It’s important to note that payday loans in Watertown should only be used for short-term financial relief and not as a long-term financial solution. They should not be used for frivolous expenses or to pay off other loans.

Choosing a Lender

When choosing a lender for your payday loan in Watertown, you want to ensure they are reputable and affordable. Here are some factors to consider:

  • Interest rates: As mentioned, Ohio law caps interest rates for payday loans at 28% APR. However, some lenders may be more expensive than others, so it’s important to shop around for the best rates.
  • Fees: In addition to interest rates, lenders may charge origination fees, administrative fees, and late fees. Some lenders may also require a credit check, which can impact your credit score.
  • Payment options: You’ll want to ensure the lender offers a payment plan that works for you. Some lenders may offer rollovers or extensions, but these come with additional costs, so it’s best to avoid them if possible.

Applying for a Payday Loan

The application process for a payday loan in Watertown is relatively straightforward. Most lenders will require:

  • Proof of income: You’ll need to provide a pay stub or bank statement to show that you have enough income to repay the loan.
  • Government-issued ID: You’ll need a driver’s license, passport, or other valid ID to prove your identity.
  • Bank account information: You’ll need to provide your bank account number and routing number so the lender can deposit funds directly and withdraw payments.

At TheGuaranteedLoans, we make it easy to apply for a payday loan in Watertown. Simply fill out our online application, and we’ll connect you with lenders who meet your needs and eligibility requirements. Remember, we are not a direct lender, and we do not make lending decisions.

Interesting Facts and Statistics

  • The number of payday lenders in Ohio has decreased by 30% since 2010 due to state regulations.
  • The average Ohio borrower takes out 10 payday loans per year, with the average loan size being $300.
  • In Ohio, the annual percentage rate (APR) of payday loans can reach up to 677%.

Apply Now

If you need a payday loan in Watertown, Ohio, TheGuaranteedLoans can help. Our application process is quick, easy, and secure. Simply fill out our online form, and we’ll connect you with lenders who meet your needs and eligibility requirements. Remember, we are not a direct lender, and we do not make lending decisions. Apply now to get the cash you need in a pinch.

F.A.Q.

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

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

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