Fast Payday Loan Lenders near Lima, OH
Borrow money for your urgent cash needs in Ohio by visiting a lender’s office; or applying for an urgent loan online. But, if you need money fast from the best lender in your state, apply online. Check out the best features of applying for loans online here at AdvanceSOS. We also have for you a list of direct lenders near you in Lima, OH.
Quick Online Payday Loans in Lima, OH, USA Faxless
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Why Should I Choose Short-Term Online Loans at AdvanceSOS?
1. Quick All-in Application for Many Lenders
Loan searching can be the biggest struggle of borrowing. If you need urgent funding immediately, in-person borrowing can only disappoint you. Surveying your options can take hours. Applying can take a few days more as you wait for lenders to get back to you.
But here at AdvanceSOS, we do not disappoint our customers who need fast cash loans today. We offer instant approval of loans 24 hours a day and 7 days a week. Get same-day payday approval for our same-day deposit loans. Get the help you need at once for your cash emergencies.
Our fast and easy application only takes 3-5 minutes and will reach ALL our licensed lenders. Within a few minutes, we can already get back to you with your top loan offer. Sign the contract and get money into your bank account within 24 hours- sometimes, even less! No waiting for store hours, queuing or waiting needed.
2. Flexible Terms: Unemployment & Bad Credit OK
Lenders can be, and their requirements can be hard to achieve, but not here at AdvanceSOS. We do not let any credit type or financial situation get in the way of extending our services. We have loans for our valued customers from all backgrounds.
Borrow a small-dollar loan ranging from $100 to $1,000 (even up to $5,000) with a BAD credit score or NO credit history. Keep in mind the maximum sum you can get depends on payday loans laws in your state. Poor and bad credit is not a big problem because we have no traditional hard credit checks like banks and credit unions. Low income or even unemployment is also not a problem as long as you have an alternative. We accept disability checks, alimony, child support, and the like.
Another feature of our no-credit-check loans is our fax-less payday loans. No need to fax – send only scanned copies of your documents so we can process your application right away.
3. Trusted Loans with Reliable Licensed Lenders Only
We do not tolerate scams and questionable lending services here at AdvanceSOS. Using our advanced AI systems, get connected to trustworthy direct lenders near you. With the help of our experts, ensure your complete safety and the security of your data.
Once we receive your application, our systems will get right on matching you with our most eligible loan provider. We have 150+ direct lenders from all established loan centers, shops, stores, companies, agencies, organizations, apps, and other alternative local lenders in our network. So, we will not only find you an offer but the top one at that.
Never again be scammed into lending offices, locations, and places where lenders offer risky loans with high rates. Get your fast cash loans only from AdvanceSOS. Secure your privacy and financial future all at once.
Apply for a Fast Payday Loan Online
How to Apply for a Payday Loan Online?
Apply for an AdvanceSOS payday loan within 3 minutes online. Get instant approval for the top loan offer within hours and fund your cash needs within 24 hours or less today!
Step 1 – Make an Application
Let us know how much you need, how long you want to borrow it, a few basic personal details, where we can deposit your funds, and how we can reach you (phone number and email).
Step 2 – Decision & Approval
Within a few hours, receive your top loan offer. This is already pre-approved, ready for your approval. After exploring its terms, you can go on and e-sign your loan contract to cash it out.t.
Step 3 – Receive Money Within 24 Hours
Be ready to receive your loan funding in your bank account within 24 hours or less. Access your funds anytime, anywhere, using any ATM near you right away.
Payday Loans Companies in Lima, OH
Addresses, phone numbers, and reviews of lenders stores working nearby you:
|Company||Address||ZIP code||Phone Number||Ranting||Reviews|
|Eagle Loan||771 Lost Creek Blvd B||45804||(419) 954-5859||4.9||471|
|Advance America||1100 N Cable Rd||45805||(419) 922-3900||5||83|
|CashMax Ohio||1980 Elida Rd||45805||(567) 737-3497||4.3||32|
|Cashland||2355 Elida Rd||45805||(419) 922-0215||3.9||13|
|CheckSmart||1980 Elida Rd||45805||(567) 737-3497||4.4||7|
– companies ratings and reviews are based on their Google Business Profile. Updated January, 2022
– do you want to add, delete or modify your company details? Contact us – email@example.com
Use Google Maps to Find Loan Places Near Your Location
Do you want to learn more? Check the video about payday loans in Ohio by Nick Wilson experienced loan officer.
Do I Need Any Form of Collateral to Apply for Payday Loans in Lima, OH?
Payday loans in Lima, OH, are unsecured loans; this means that you do not require any form of collateral. The closest thing to collateral that you will need for a payday loan in Lima, OH, is a post-dated check of the amount you borrowed, including all interests and fees. The payday lender might cash the check if you fail to meet the payment plan. The fact that lenders do not require collateral for payday loans makes them have a higher interest rate than other types of loans.
Do I Need a Guarantor for a Payday Loan Application in Lima, OH?
A guarantor is a person who vouches for a borrower when the borrower applies for a loan. The financial institution asks the guarantor to sign some documents that make him liable if the borrower does not keep up with the loan agreement. Payday loans in Lima, OH, do not require a guarantor to make you eligible for a loan. If you do not meet up with a loan payment, no one but you will be held liable.
What Is the Interest Rate for Payday Loans in Lima, OH?
Most payday loans have a very high interest rate, owing to the fact that they are unsecured loans. However, payday loans in Lima, OH, are not as high as those in other states, which might have an interest rate of up to 200% per year. The interest rate of payday loans in Lima, OH, is capped at 28% per year. This is in accordance with the payday loan act passed in Ohio in 2018.
What Is the Term for Payday Loans in Lima, OH?
The term for a payday loan is the set time frame within which lenders expect you to repay a loan. The term for payday loans is highly variable from state to state. However, in Lima, OH, the minimum term for a payday loan is 90 days, while the maximum being a year.
How Long Will It Take for My Payday Loan to Be Transferred if I Apply for a Payday Loan in Lima, OH?
One of the good things about payday loans in Lima, OH, is that, unlike some other financial institutions, they do not take much time to transfer your funds once you have completed the application process.
Most payday lenders will transfer your funds immediately after the application is approved; others will take a few minutes to hours. On average, the maximum amount of time it will take to get your loan is 24 hours. This is extremely fast relative to financial institutions like banks, which can take as much as a month.
Requirements for Payday Loans in Lima, OH
Payday loans in Lima, OH, are quite straightforward to apply for. However, you must meet some conditions before a payday lender approves your application in Lima, OH. Failure to meet any of these requirements could affect your prospect of getting a payday loan in Lima, OH. Here are some of the conditions:
- You must be at least eighteen years of age. Applicants below eighteen years of age will not be considered by payday lenders in Lima, OH.
- You must have a government-issued ID or a social security number.
- You must provide your contact address to prove that you are a legal resident of Lima, OH.
- You must have a valid email address and phone number for communication with the payday lender.
- You must have a stable monthly income of not less than $1000 before your application can be approved. This is to ensure that you can repay the debt from your loan.
- You must have a valid checking account to receive the funds and make the required payments.
- You must sign a declaration form that you do not owe over $2500 in short-term loans.
Alternatives to Payday Loans in Lima, OH
As a result of the high interest rates associated with payday loans, you might want to consider other short-term loans with better interest rates. These short-term loans can stand in place of a payday loan without plunging you into debt.
- Title Loans: this is an example of a short-term loan. Just like payday loans, it does not require your credit score before approving a loan application. However, it is a secured loan and requires collateral in the form of the borrower’s car title. This mitigates the risk on the lender’s side, and as a result, they do not have interest rates as high as those of payday loans.
- Personal Loans: personal loans can be secured or insecure. Their payment plans are very flexible to meet the needs of a borrower. If you do not meet up with the payment plan of a secured personal loan, the lender can seize your collateral to service your debt. In an unsecured payday loan, you do not require any collateral. Moreso, unsecured personal loans have a higher interest rate than secured personal loans. Your credit history is not relevant for a personal loan.
- Installment Loans: This type of loan is where the borrower is lent a particular sum of money at once. The money borrowed is to be repaid in installments over a set period. An installment loan can be fixed-rate or variable-rate. In a variable-rate installment, the sum to be repaid changes over time due to interest rates. In a fixed-rate installment loan, the amount to be paid back does not change with time.
Amanda is a senior financial copywriter at AdvanceSOS. She has more than six years of journalism experience, mostly in finance. She graduated with a Master’s degree in finance from the University of Oklahoma.