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Compare your loan options in Ohio

In need of a loan? Go through this guide to find out about taking out a payday loan in Ohio.

Payday loans, also known as short-term loans, are an easy way to get cash in a hurry. Ohio residents have plenty of options to choose from.

Read this guide to find out more.

LendUp Payday Loans

LendUp Payday Loans

Apply for a payday loan conveniently online and borrow between $100 and $250.

  • Min. loan amount: $100
  • Loan term: 7–30 days
  • Total costs: Depends on your state, loan product, loan amount and the term of the loan.
  • Must be 18+ (19+ in Alabama)
  • No security deposit needed
  • Confidential and secure
  • Visit the site to see if available in your state

    Are payday loans legal in Ohio?

    Payday loans are legal in Ohio.

    Sections of the Ohio Revised Code govern all payday loan providers in the state. A lender must obtain a license. A borrower can take out a loan of up to $500.

    Unlike other payday loans, Ohio requires providers to have terms over 31 days. This means when you borrow a loan, you won’t have to repay for at least a month. If you have trouble repaying your loan, you can extend the loan term for 60 days through a payment plan at no additional charge.

    Payday lenders must provide borrowers with contracts that disclose loan terms and conditions in a clear and concise manner. If you don’t like the terms of your contract, you are under no obligation to sign.

    A selection of loans you can consider in Ohio

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

    Rates last updated September 25th, 2017
    Unfortunately, none of the short term loan providers currently offer loans in your state. Learn more about short term loans in your state to find an alternative.
    Name Product Product Description Maximum Loan Amount Term of Loan Turnaround Time
    LendUp Payday Loans
    LendUp offers $250 loans for first-time borrowers. Good credit is not required. Visit the site to see if available in your state.
    7–30 days
    Generally receive the money the next business day
    CashNetUSA Loan
    Apply for short term loans, installment loans or lines of credit in 30 states typically with a day’s turnaround.
    Varies by state
    Varies by state
    1 business day
    ACE Cash Express Payday Loans
    Quick short term, installment and title loans come with no prepayment penalty and a 72-hour satisfaction guarantee.
    Varies by state
    Varies by state
    Generally receive the money the next business day
    Check City Payday Loan
    Apply for a fast, secure and confidential payday loan — even with less-than-perfect credit.
    Depends on state of residency
    Varies by state
    Next day
    Check into Cash Payday Loan
    With 1,000 branches in 30 states, get $50 to $1,000 in days from this direct lender.
    Varies by state
    1–2 business days

    Compare up to 4 providers

    Why you might consider taking out an Ohio payday loan

    Here are some features to keep in mind when you’re making your decision.

    • Applying is easy. Some Florida payday loan lenders have storefront loans, and others work entirely online, meaning you can apply from anywhere.
    • Get money quickly. In-store applications can be processed the same day so you can see your money within hours. Online applications take 24 hours to process, but the money will be directly deposited into your bank account.
    • Use the money for any purpose. What you choose to do with the money you get is basically up to you. You can use this money to travel, pay bills, repair your car or just to get by during a rough patch.
    • Bad credit is OK. Short term lenders tend to apply slightly less stringent lending criteria when compared to banks. Instead of looking only at your credit score, they take your existing financial situation and ability to repay into account.

    There are other options to consider before taking out a loan

    What you can expect to pay for an Ohio payday loan

    If you get a payday loan in Ohio, state regulations govern how much you may have to pay in fees and charges. They are as follows:

    • Finance rate and fees. The APR on payday loans cannot exceed 28% in Ohio.
    • Collection fees: You’re liable for bank charges, if disclosed, and lenders can ask you to pay a collection charge of $20. You may also be liable for damages and court costs if you default.
    • No rollover fee. Rolling over a payday loan isn’t legal.

    How can I apply for a payday loan in Ohio?

    You can apply for a payday loan online or by visiting a storefront location.

    Eligibility criteria:

    • You should be at least 18 years old
    • You should be a US citizen or a permanent resident
    • You should have a regular source of income

    Required information:

    • Your name, date of birth, Social Security number and a valid form of ID
    • Your residential address, email address and phone number
    • Details about your employment and income
    • If you’re applying online, details of your existing checking account

    Where else are payday loans available?

    Have any more questions about payday loans in Ohio?

    No. State regulations allow you to take out only one payday loan at a time.

    You are limited to two loans in a 90-day period. You cannot take out more than four payday loans in one year.

    No, but the lender can initiate civil action and you can be liable for damages.

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    4 Responses

    1. Default Gravatar
      TonyJune 27, 2017

      Can you get a payday loan in Michigan and Ohio?

      • Staff
        JasonJune 27, 2017Staff

        Hi Tony,

        Thank you for your enquiry.

        Payday loan options are legal in both Michigan and Ohio and, as long as you meet the eligibility criteria and requirements of the lenders, you may apply for a payday loan in those mentioned territories.

        Please check out this page for a guide on applying for payday loan in Michigan and the please check out the details above for payday loan guide for Ohio residents.

        I hope this helps.

        Kind regards,

    2. Default Gravatar
      KenMay 20, 2017

      Can I get the money if apply at one your store?

      • Staff
        HaroldJune 26, 2017Staff

        Hi Ken,

        Thank you for your inquiry.

        While we do not represent any company that we feature on our pages, we can offer you a general advice. In general, the process is quick and simple, only taking five to 10 minutes, whether you apply in-store or online.

        I hope this information has helped.


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