Ohio Payday Loan
Ohio is the odd one in the family of states where payday lending is legal. Although the state of Ohio is the eighth leading state with its large number of payday lenders, it also has one of the lowest interest rates for payday lending loans in the country and with terms that are long lasting. Despite the unusual differences between the payday lender terms in Ohio and the other states, Ohio has a healthy payday loan industry that is booming. And here is more good news for all Ohio residents: if you are strapped for cash, SameDayPayday can help you. A payday loan can be just what you need to pay for emergency car repairs or other unexpected expenses that otherwise would have to wait until your next payday, and thereby cause you significant inconvenience.
SameDayPayday offers a quick and confidential service: take two minutes to fill out your application, and within 90 seconds the approval will come through and an hour after that the funds will be waiting for you in your account. It is that easy. Payday loans from SameDayPayday generally range in amounts of $100 to $500 dollars. They are meant to help keep you financially afloat between pay checks. That means that payday loans are meant for short-term and urgent needs such as car repair, repayment of personal debts, emergency cash, gifts for that surprise wedding or an unexpected financial loss. As a short-term loan, a payday loan is meant to be repaid quickly, within a couple of weeks. Because they differ so much from traditional long-term bank loans, they are also regulated differently by the Ohio state legislature.
Ohio Payday Lending Laws
It is legal to offer payday lending services in Ohio. The maximum you can borrow is $500 with a loan term of a minimum of 31 days. The finance charge for a $100 payday loan for 14 days is $1.08. In Ohio you can have only one loan out at a time (four per year). No extensions are allowed.
Additionally, Ohio law offers “cooling-off” period making the payday loan limit a 2 loan limit in 90 days.
When the states were surveyed in 2006 to find out the numbers of payday lenders operating in each state, it was found that Ohio holds eighth place for the most payday lenders with over 1,374 payday lender operations in Ohio. Of course that number pales in comparison to the World Wide Web figures. In an internet search early 2009, “payday loans Ohio” turned up 60,600 hits!
When so many payday loan lenders to choose from, how can you possibly choose the most suitable payday loan for you? SameDayPayday is here to help with your selection. First, SameDayPayday is always open and ready to serve you 24/7. Because the entire transaction is done over the internet, SameDayPayda is ready to connect you to the appropriate payday loan in Ohio with approval rates as fast as 90 seconds within receipt of the completed application. Your payday loan is then hurried into your account in an hour or less! There are no credit checks and no lengthy and invasive applications. SameDayPayday requests some basic data which needs to be provided completely and accurately to help ensure approval and, within an hour, your emergency finacial problem can be over!
Stop worrying about how you will ever make it to your next payday. Let SameDayPayday help you in triumph over financial constraints with a quick, efficient and confidential payday loan today!
Ohio Payday Loan - Cities
Ohio Cash Advance Loans
The state motto of Ohio is: “With God, All Things Are Possible.” With SameDayPayday, all cash advance loans are possible. If you need a cash advance loan in Ohio, then SameDayPayday can help you get one quickly, efficiently and confidentially. After all, a cash advance can be just what you need to pay for whatever unexpected expense finds its way into your life. There’s no need to struggle until your next paycheck; just come to SameDayPayday and apply now. Once approved, your cash advance loan will be in your account in as little as one hour, so there's no waiting for funds. The application procedure is quick and easy, and you can get approved for a loan in as little as 90 seconds. It’s so simple.
SameDayPayday Cash advances are meant to keep you financially afloat between paychecks- they should not be considered long term loans. For this reason, cash advance loans are meant to be repaid quickly, often within a couple of weeks. Whatever your financial emergency- an unexpected car repair, repayment of a personal debt, a gift for that surprise wedding or an unexpected financial loss- SameDayPayday is here to help. It should be noted that Because they are not long-term bank loans, cash advances are regulated differently by the Ohio state legislature.
Lending institutions are regulated primarily by individual states. The cash advance lending industry sits atop an active and shifting legal landscape. Lenders are lobbying fervently to enable cash advance lending practices, while their equally zealous opponents lobby to stop the short-term loans in the name of consumer protection.
When the states were surveyed in 2006 to find out the numbers of cash advance lenders operating in each state, it was found that Ohio holds eighth place for the most cash advance lenders with over 1,374 cash advance lender operations in Ohio. Of course that number pales in comparison to the World Wide Web figures. In an internet search early 2009, “cash advance loans Ohio” turned up 60,600 hits!
The number of cash advance lenders may seem a bit overwhelming. But that’s how SameDayPayday can help. SameDayPayday is at your service 24/7, ready to connect you to the appropriate cash advance lender who is best suited to residents living in Ohio . Most approvals come within 90 seconds of receiving the completed application. Your cash advance is then whisked into your account in an hour or less! There are no credit checks and no cumbersome paperwork to fill out. Just supply SameDayPayday with the requested data completely and accurately and within an hour, your emergency cash problem can be over! Let SameDayPayday help you in triumph over financial constraints with a quick, efficient and confidential cash advance loan to keep you going until your next payday.
Ohio cash advance loans are really very simple. The Buckeye State has already seen many of its residents go to SameDayPayday.com and discover relief from their financial emergency. One of the great things about shopping online for a cash advance loan is that it is faster, more convenient and confidential. Don’t fret about how you’re going to keep yourself financially afloat until your next paycheck, simply come to SameDayPayday and in about an hour, you’ll be freed from your financial burden.