Get Quick and Easy Access to Local & Same Day Payday Loans in Marion, OH
Fast Payday Loan Lenders near Marion, 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 Marion, OH.
Quick Online Payday Loans in Marion, OH, USA Faxless
Payday Loans Companies in Marion, OH
Addresses, phone numbers, and reviews of lenders stores working nearby you:
Company
Address
ZIP code
Phone Number
Ranting
Reviews
Advance America
1312 Mt Vernon Ave Suite #4
43302
(740) 389-2090
5
536
Mariner Finance
140 McMahan Blvd
43302
(740) 692-7424
4.6
37
Cashland
1299 Mt Vernon Ave
43302
(740) 725-1311
2.3
34
OneMain Financial
163 Edgefield Blvd
43302
(740) 389-6325
3.1
18
CheckSmart
134 McMahan Blvd
43302
(740) 389-2097
3.9
7
Speedy Payday Loans
162 W Center St #435
43302
(740) 327-5357
5
6
SAM Self-Service Check Cashing
887 E Center St
43302
(478) 461-1425
5
4
Lendmark Financial Services LLC
1330 Mt Vernon Ave
43302
(740) 389-5427
4
1
Ohio Title Loans
157 S State St
43302
(740) 379-3774
0
0
Main Street Financial
236 N Main St
43302
(740) 387-3684
0
0
– companies ratings and reviews are based on their Google Business Profile. Updated October, 2023 – do you want to add, delete or modify your company details? Contact us – info@advancesos.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.
What Will You Need?
While the process of getting payday loans online is simple, you need to meet certain conditions. Here’s is what you need to access payday loans in Marion, Ohio.
Be of the legal age, 18 years and above. It’s illegal to lend money to a minor in the US.
Be a US citizen and a resident of Marion, Ohio.
Have a stable income source, earning at least $1,000 monthly. You must prove that you can repay the loan as agreed.
Have an active checking or saving account.
Have an email address and phone number.
How Much Can You Borrow?
The maximum amount you can access through a single online payday loan in Marion, Ohio, is $1,000. This is according to regulations set by the state of Ohio.
However, this doesn’t mean you are hand-tied for only that amount. If your income allows, and you meet other loan requirements, you can still borrow additional small loans from a different lender, provided you don’t exceed the $2,500 payday loan maximum limit.
If you need some instant cash, payday loans in Marion, Ohio, offer exactly that. After your application, the lender will go through the application to validate your information. Most lenders will deposit the funds in the account you gave them within a few hours if you qualify.
However, sometimes you’ll have to wait until the next business day. This is especially if you submitted your application after regular business hours. So, when they say it’s quick cash, you can be confident that they mean so.
Payday Loans APR and Fee
This is one area you must be very keen on before signing that loan agreement. While some states have put a cap on interest rates and finance charges, not all have done so. Therefore, ensure you do your due diligence to avoid being exploited.
Luckily, Ohio is one of those states that have capped the interest rates that lenders can charge. And Marion city also follows the same regulations. The city has set a cap for the interest on payday loans at 28% per year. Both the APR and fees cannot exceed 60% of the principal amount.
Regulations Surrounding Payday Loans in Marion, Ohio
With the number of Americans taking payday loans on the rise and the number of lenders also ballooning, most states have created regulations to control the industry. These regulations offer protection to both the borrowers and lenders. They include:
A maximum APR of 28%
The maximum loan repayment period is one year, with a minimum of 91 days.
You can only borrow $1,000 per loan at a time, with a max of four loans a year.
Lenders are obliged to provide full disclosure about the loan agreement.
The cooling-off period is three months (90 days).
Your maximum debt should be below $2,500 before you get a payday loan.
Payday Loan Alternatives
Sometimes you really need a quick financial fix but cannot qualify for a Payday loan. Here are some of the payday loan alternatives that you can consider:
Title loans
Bad Credit loan
Cash advances
Credit Union loans
Lending Saccos
While the situation at hand might not allow you enough time to research the best lenders, it’s advisable to do it. This way, you don’t end up in the wrong hands or getting a raw deal.
There are more than enough lenders online and offline to grant you the loan. So, take your time to evaluate them. Luckily, we have researched for you, and you can check out the lenders we recommend in Marion, Ohio.
Bad Credit Loans
If you are worried about your bad credit ratings, you don’t need to. Even with poor ratings, you can still access advance payday loans in Marion, Ohio. Some of these lenders will not even bother checking your credit score.
As long as your income flow permits it, and you’re not too much in debt, you can get the loan. You can even use these payday loans to get back on the right credit scorebooks.
What are Title Loans?
When you need more funding, title loans can come in handy. These are loans offered, with your car title as the collateral or guarantee.
The good thing with title loans is that you can get higher loan amounts, and they also don’t need to check your credit score. Also, this type of loan will give you a more extended loan repayment period.
Are Payday Loans for Unemployed in Marion, Ohio?
Undoubtedly yes! If you need a payday loan but are unemployed, that isn’t a big issue. Payday loan lenders in Marion, Ohio, need you just to have a stable income source – meaning that you can pay them back their money.
If you have proof of other verifiable income sources, you can undoubtedly apply and get payday loans in Marion, Ohio.
Conclusion
Getting legit payday loans in Marion, Ohio, isn’t that hard. However, always ensure that you have all the necessary information about the lender. Our platform helps ensure that you don’t get your information to the wrong individuals.
We have gone into great depths to ensure that you get services only from the right service provider. Your financial emergency doesn’t have to drain your last drop of energy.
