Payday Loans in Weston, Ohio

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

Company nameAddressZip codePhone number
MoneyGram 1943 E Prospect Rd, Ashtabula, OH 44004 +1 (440) 992 - 3100
Commodore Bank 12101 Lancaster St, Millersport, OH 43046 +1 (740) 467 - 2565
Woodside Mortgage Services Inc 30195 Chagrin Blvd 112, Cleveland, OH 44124 +1 (216) 591 - 2202
Huntington Mortgage Group 9 Seneca Ave, Byesville, OH 43723
Cashland 1699 Brice Rd, Reynoldsburg, OH 43068 +1 (614) 863 - 6513
Raymond James & Associates 3201 Enterprise Pl 240, Beachwood, OH 44122 +1 (216) 292 - 0165
Firefighters Community Credit Union | FFCCU 39287 Center Ridge Rd, North Ridgeville, OH 44039 +1 (216) 621 - 4644
Walmart Money Center 1720 N Perry St, Ottawa, OH 45875 +1 (419) 523 - 6995
Atomic Employees Credit Union 190 Waverly Plaza, Waverly, OH 45690 +1 (740) 947 - 4419
First Commonwealth Bank 81 Gallopers Ridge E, Lewis Center, OH 43035 +1 (740) 548 - 3230

Payday Loan Companies in Nearby Cities

If there are no payday loan companies in Weston, OH, you can try to find different companies in big cities near by. Check out the following pages here: Quick Loan in North Royalton, OH, Payday Loan for Reynoldsburg, OH, Payday Loans in Springfield, OH, Short-term Loans in Stow, OH, Payday Loans in Strongsville, OH, Payday Loans in Toledo, OH, 24-Hour Loan in Warren, OH and Payday Loan Companies 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 Weston, OH.

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

43569

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

Weston, OH payday loan calculator

Payday Loans in Weston, Ohio: Everything You Need to Know

If you live in Weston, Ohio, you might be considering taking out a payday loan. These short-term loans are an option for people who need quick cash to cover expenses before their next paycheck. Despite some negative publicity surrounding these loans, payday loans are legal in Ohio, and they can be a helpful financial tool when used responsibly. This article will cover everything you need to know about payday loans in Weston, Ohio.

What Are Payday Loans?

Payday loans are short-term loans that typically have a repayment period of two weeks. They are designed to bridge the gap between paychecks, and they can be useful for covering unexpected expenses like car repairs or medical bills.

To qualify for a payday loan in Weston, Ohio, you will need to provide proof of income and identification. You will also need to have an active checking account. The amount you can borrow will depend on your income and other factors, such as the lender’s policies.

How Do Payday Loans Work?

When you take out a payday loan, you will write a check to the lender for the amount you want to borrow, plus the lender’s fees. The lender will hold onto the check until your next payday, at which point you can either pay off the loan or roll it over and pay additional fees.

The fees associated with payday loans are typically higher than those associated with other types of loans, such as personal loans or credit cards. This is because the loans are short-term, and the lenders take on a higher risk of non-payment.

The Pros and Cons of Payday Loans

  • Pros: Payday loans can be helpful when you need cash quickly, and you don’t have other options. They are also available to people with bad credit, which is not the case for many other types of loans.
  • Cons: The fees associated with payday loans can be very high, and they can trap borrowers in a cycle of debt. If you roll over a payday loan multiple times, the fees can quickly spiral out of control.

Interest Rates and Fees

In Ohio, payday lenders are allowed to charge interest rates of up to 28% on loans up to $1,000. For loans over $1,000, the interest rate is capped at 22%. Lenders are also allowed to charge fees for things like processing the loan and bouncing checks.

Interesting Facts and Statistics about Payday Loans in Weston, Ohio

  • According to the Ohio Department of Commerce, there were 1,193 licensed payday lenders operating in the state as of 2019.
  • The average payday loan borrower in Ohio takes out nine loans per year, and 70% of borrowers take out additional loans within two weeks of paying off their previous loan.
  • The total volume of payday loans in Ohio increased from $1.26 billion in 2015 to $1.62 billion in 2018.

Apply Now

If you are considering taking out a payday loan in Weston, Ohio, TheGuaranteedLoans can help. We specialize in connecting borrowers with lenders who offer payday loans and other types of short-term loans. Our online application process is quick and easy, and we work with a network of reputable lenders to find the best loan option for your needs. Apply now to get started!

Keep in mind that TheGuaranteedLoans is not a direct lender. We are a connector service that facilitates the connection between borrowers and potential lenders. We do not make lending decisions, and we do not have access to information about your loan terms or fees. Any questions or concerns about your loan should be directed to your lender.

F.A.Q.

Can I get a payday loan in Weston, Ohio if I have bad credit?

Yes, payday loans in Weston, Ohio are typically available to borrowers with bad credit, as they do not require a credit check.

What fees are associated with a payday loan in Weston, Ohio?

In addition to the interest, payday loans in Weston, Ohio may also include fees for processing, origination, and late payments.