Compare your loan options in Columbus, Ohio

If you're a resident of Columbus, OH and need money, you could apply for a payday loan.

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When you’re dealing with a tough financial situation and don’t have the best credit, it can be hard to find a loan that works for you. Although payday loans are expensive, when you budget and plan for the cost, you can get the money you need without falling into a cycle of debt. This guide will tell you everything you need to know when looking for a payday loan in Columbus, Ohio.

Our top pick: OppLoans Installment Loans

  • Min. Loan Amount: $500
  • Max. Loan Amount: $5,000
  • Turnaround Time: 1 business day
  • Loan Term: 9 to 36 months
  • Requirements: Direct deposit, meet minimum income requirements
  • Easy online application
  • Quick approval
  • Fast funding
  • Long repayment terms

Our top pick: OppLoans Installment Loans

Comes with the option to change your due date so you won’t fall behind on repayments.

  • Min. Loan Amount: $500
  • Max. Loan Amount: $5,000
  • Turnaround Time: 1 business day
  • Loan Term: 9 to 36 months
  • Requirements: Direct deposit, meet minimum income requirements

How does Ohio law impact payday lending in Columbus?

Although payday lenders in Ohio are restricted in how much interest they can charge, many skirt the law and register as small loan lenders. This means the interest they charge isn’t capped at the legal 28% rate.

When you go to take out a loan, read the contract carefully. You can borrow up to $500, but the interest rates will vary. You’ll want to know exactly how much a loan will end up costing you before you agree to borrow.

Be on the lookout for new payday loan laws

Lawmakers in Ohio have recently passed a new set of regulations on the payday loan industry to limit the amount of interest and fees payday lenders can legally charge. On October 29, 2018, these new regulations will start applying to short-term loans throughout the state.

The biggest change comes from the limits to interest. Currently, lenders are able to skirt the 28% interest cap by registering under the Ohio Small Loans Act. Once the new laws come into effect, interest will still be capped at 28%, but loans lasting less than 90 days will have a monthly payment cap of either 6% of your gross monthly income or 7% of your net monthly income. For loans lasting between 90 days to one year, fees can’t exceed 60% of the loan value.

Other fees will also be capped, and borrowers will have at least 72 hours to return the full loan amount if they decide they no longer want the loan.

Ohio payday lending law can be complex, so learn all about it here

You can compare your payday lending options below

Check the websites of any providers you’re interested in to confirm they operate in Ohio.

Updated October 19th, 2019
Name Product Filter Values Max. Loan Amount Turnaround time Requirements
As soon as the next business day
Regular source of income received biweekly or semi-monthly, Missouri or Utah resident, checking account with automatic deposits, not a military service member
Borrow up to $1,200 — but only if you live in Missouri or Utah.
As soon as the next business day
Regular source of income, verifiable bank account, US citizen, ages 18+
Get connected with multiple lenders you might qualify with — even if you have bad credit.
1 business day
Direct deposit, meet minimum income requirements
Comes with the option to change your due date so you won’t fall behind on repayments.
1 to 2 business days
Active checking account, regular source of income, email address
Get access to tools to help you plan a career move, make some extra cash or search for a better-paying job.
Same business day to 1 business days
Must be employed and receive regular income, earn at least $800 a month, have a checking account and be an 18+ years old legal US citizen.
Get a flexible installment loan with fast funding through one easy online application form.
Same business day to 1 business days
$1,000+ monthly income, direct deposit, US citizen or permanent resident, ages 18+
Get offers from potential lenders in minutes by filling out just one online form.
As early as 1 business day
$1,000+ monthly income after taxes, valid checking account
Explore its online education center to get tips on budgeting, how to prioritize your bills and more.
Varies by state
1 business day
Regular source of income, bank account, US citizen or permanent resident, ages 18+
Sign up for its discount program to get access to coupons and deals on everything from dining out to tax services.

Compare up to 4 providers

What are some benefits of taking out a payday loan in Columbus?

  • Payment plans. If you can’t repay your loan on time, you can opt for a 60-day payment plan at no extra cost to you.
  • Easy application. Applications should only take 5 to 10 minutes and are often simple to understand. If you have trouble, an attendant at a store can help, and many online lenders have live chats for when a question comes up.
  • Bad credit is accepted. Most payday lenders will consider you even if you have less-than-perfect credit as long as you meet other important eligibility criteria.

How do I apply for a payday loan in Columbus, OH?

You can apply online by clicking Go to Site on your chosen lender above or by visiting a lender’s storefront. Eligibility criteria will differ between lenders, but no matter where you go, you’ll need to be at least 18 years old, a US citizen or permanent resident and have a regular source of income.

In order to complete the application successfully, you’ll have to provide some basic information.

  • Your name, address, email and phone number
  • Your date of birth, Social Security number and details from a state-issued ID
  • Your employer’s name, address and phone number
  • Details about your income
  • Your bank account details if you’re applying online

Ann's car needed costly repairs

Ann’s car recently broke down. She needs it to get back and forth to work, and she doesn’t have time to wait for a personal loan or credit card. A coworker suggests she apply for a payday loan so she can get the money she needs quickly. Ann goes online to read about the payday laws in Ohio, and she learns that while lenders are limited to 28% APR, they often charge more than that.

She compares her options and finds a lender that abides by the law. After filling out her application as accurately as possible, Ann is approved for a small loan of $300, which covers the cost of her car repairs. According to the loan contract, she had to pay an APR of 28% on the amount advanced and a loan origination fee of $30.

The length of the loan was 31 days. At the end of the term, the lender cashed Ann’s check of $337. With her car repaired and her debt paid off, Ann is able to go to work without worrying about her finances.

Short term loans in Columbus, Ohio

  • ACE Cash Express. 5206 E Main St, Whitehall, OH 43213
  • Advance America. 3296 S High St, Columbus, OH 43207
  • Always Loans. 5524 Hall Rd, Columbus, OH 43228
  • Always Payday. Plaza East, 2260 S Hamilton Rd, Columbus, OH 43232
  • Cashland. 5600 Cleveland Ave, Columbus, OH 43231
  • CashMax Ohio. 2853 Broadway, Grove City, OH 43123
  • Check ‘n Go. 1971 E Dublin Granville Rd, Columbus, OH 43229
  • Check Into Cash. Southwest Square Shopping Center, 2117 Eakin Rd, Columbus, OH 43223
  • First American Loans. 3329 E Broad St, Columbus, OH 43213
  • Liberty Loans. 438 E Wilson Bridge Rd #106, Columbus, OH 43085

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