Ohio (OH) Payday loans Online, Cash Advances, Installment Loans, and Personal Finance Solutions

Ohio payday loans and personal cash advance lending options are now available online for Buckeye residents with direct deposit into your personal checking or savings account. Safe and reliable, OnlineCash4Payday.Com has been helping to provide access to short term lending for over a decade online. Amounts range from $100 up to as much as $5K for larger amounts through additional personal loan and installment options with fixed monthly payments. Our partner lending network has grown to over 100+ nationwide partner lenders who process and approve applications daily. All sensitive personal data transactions starting with our secure form through the lending process are encrypted using industry leading SSL (secure socket layer) 128-bit encryption technology. Notice the green padlock in your browser to ensure your connected securely. Covering the entire state of Ohio, fill out our secure form today and have your money as soon as the next business day.

Starting with the capital of Columbus, Ohio is the 34th largest by area, the 7th most populous, and the 10th most densely populated of the 50 United States. As of 2010, Ohio’s gross domestic product (GDP) was $478 billion. This ranks Ohio’s economy as the seventh-largest of all fifty states and the District of Columbia. Ohio’s unemployment rate stands at 5.2% as of April 2015, down from 10.7% in May 2010. Ohio is the largest producer in the country of plastics, rubber, fabricated metals, electrical equipment, and appliances. Reference Wikipedia

• The Cincinnati Red Stockings became the first professional baseball team in 1869.
• In 1879, Cleveland became the first city to be lighted by electricity.
• The Pro Football Hall of Fame is located in Canton and in Cleveland is the Rock and Roll Hall of Fame.
• Neil Armstrong, from Wapakoneta, became the first man to walk on the moon.
• Charles Goodyear of Akron developed the process of vulcanizing rubber in 1839.
• The Wright Brothers, from Dayton, invented the first airplane.

In October 2018, Ohio’s unemployment rate fell to 4.6 percent, which was a .3 percent decrease from 2017’s rate. Employment is predicted to grow by about 5.3% percent during the next decade with the state adding approximately 300,000 new jobs. Ohio’s average household income is about $45,500 per year. Personal income is projected to increase by three percent (3%).

Most of the state’s revenue comes from manufacturing. Many of Ohio’s residents work in this sector, and the health care sector is also a leading source of jobs. Last year, Ohio’s gross domestic product was nearly $650 billion. This made it one of the top 10 American states for manufacturing GDP. Since the cost of living is high in several areas and wages are inadequate in many types of jobs, small loans are commonly sought.

Rules for Ohio Payday Loans and Cash Advances

For people with bad credit or people who want loans without a credit check, Ohio payday loans are available. Ohio passed H.B. 123 in October 2018 to protect consumers and to lower the cost of paycheck loans for the state’s working poor population. According to the law, the maximum annual interest rate on Ohio cash advances that are under $1,000 is 28% percent. Many payday lenders offer a maximum of $800 to borrowers.

Since there are no specific short-term repayment terms outlined, lenders are allowed to set terms up to 12 months for Ohio cash advances. The law does not state a required minimum loan term. Also, there are no rollovers or renewals of loan balances.

Rules for Ohio Personal Loans and Installment Lending

Residents with fair, average, and good credit may look into Ohio installment loans for approval from a bank or a similar financial institution. Ohio’s Division of Financial Institutions regulates personal loans. Although there is no cap on fees for Ohio personal loans, the maximum annual interest rate is 25% percent of the unpaid balance. Our lending network typically has decisions in minutes up to $5K. You would know today and funding within a day or two.

According to the Ohio Consumer Installment Loan Act, a pre-computed loan under $500 may come with a fee of up to $15. For a loan between $501 and $1,000, the maximum fee is $30. The amount increases to $100 for a loan between $1,001 and $2,000. With a loan between $2,001 and $5,000, the maximum fee is $200. The structure continues with increasing fees based on larger loan amounts. There are no minimum or maximum repayment terms with Ohio installment loans.

Start the process by filling out our https:// secure form and select the amount of funding that you need in your situation. Decisions happen in minutes and secure direct deposit within a couple business days.

References:

“Economic Overview,” Ohio.gov, 1 November 2018, https://development.ohio.gov/files/research/E1000.pdf. Accessed on 11 January 2019.

“Ohio Senate Passes Payday Loan Bill,” Cleveland.com, 10 July 2018, https://www.cleveland.com/open/index.ssf/2018/07/ohio_senate_passes_payday_loan.html. Accessed on 11 January 2019.

“Maintaining stable household finances,” Ohio.Gov, https://ohio.gov/wps/portal/gov/site/residents/resources/stable-finances. Accessed on 11 January 2019.

Real Per Capita Income in Ohio

Statute for Ohio payday loans and cash advances. Personal loans and installment options qualify for larger amounts through our secure form. State laws and statutes can change at anytime and the information above or below may become slightly out-of-date as we update frequently.

(Source: U.S. Census Bureau, Census 2010 Population)

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