Payday loans Ohio, no credit checks

Do you live in Ohio? If yes, have you ever applied for a traditional loan and the application got rejected? If yes again, don’t despair.

OakParkFinancial offers flexible payday loans to meet immediate financial needs. We work with a large network of lenders across Ohio who can guarantee fast and secure loans.

Payday loans can be a handy option for anyone who is cash strapped and requires instant funding.

A quick look into payday loans in Ohio

As of now, payday loans are legal in Ohio. However, there are certain requirements that lenders must adhere to.

For instance, the maximum amount for payday loans in Ohio is $1000. The loan term should not be more than 91 days and the interest rate is also capped at 28%.

Borrowers are only allowed to apply for one loan at one time. Payday loan rollovers are illegal in Ohio.

According to a recent survey, over 15% of Ohio residents live below the poverty line. Most people who apply for payday loans in the state earn around $30,000 per year.

They use these loans to pay rent, groceries, mortgage, and other financial emergencies.

Payday loan requirements in Ohio

It is easy to apply and qualify for payday loans in Ohio. The main requirements include:

  • You must be 18 years and above
  • You must have a government-issued id card as proof of citizenship
  • You must have a regular and legal source of income

Lenders must answer questions on employment and income status during the application stage. Personal information is also required.

A checking account is one of the requirements if you apply for an online payday loan. This is where the lender sends the money if you qualify. You can also authorize the lender to deduct the money directly from your account.

Processing of payday loans in Ohio

Applying for payday loans in Ohio is a fast and straightforward process. It can take as little as 3 minutes to complete the online application form.

The main requirements here are your financial and personal information. Besides, you can also get an instant decision after sending your application.

Once approved, the lender will get in touch with you to discuss the loan terms. If you agree, the lender transfers the cash to your bank account on the same or next business day.

Why OakParkFinancial is different

OakParkFinancial works with a large network of lenders in Ohio. All our lenders have crystal clear terms and conditions for payday loans. You, therefore, don’t have to worry about any hidden charges.

As a matter of fact, all the charges will be disclosed even before you sign the loan agreement.

OakParkFinancial only works with licensed lenders. This means that all our lenders adhere to the set rules concerning payday loans in Ohio.

Applying for a payday loan with us is secure. We don’t share customer information with third parties. OakParkFinancial also offers payday loans for bad credit in Ohio.

This comes as good news for people whose bank loans won’t be approved due to bad credit. Our aim is to ensure that residents of Ohio get quick financing at a time when they need it the most.

Get in touch with us

Emergencies always happen when we least expect. If you have a medical emergency or your car breaks down on your way to work, get in touch with us.

We commit ourselves to help you meet your immediate financial obligations. We have been in the industry long enough to understand what clients’ needs are. And we will go the extra mile just to fulfill those needs.

Can a payday loan debt take me to jail?

The lender won’t file a case against you if you fail to pay up as agreed. He will instead find alternative means.

The lender will directly get in touch with you to discuss how you can afford payments. If this doesn’t work, he will forward the loan to collection accounts. This means that you should start expecting endless calls from debt collectors.

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