Get Quick and Easy Access to Local & Same Day Payday Loans in Toledo, OH
Fast Payday Loan Lenders near Toledo, 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 Toledo, OH.
Quick Online Payday Loans in Toledo, OH, USA Faxless
Payday Loans Companies in Toledo, OH
Addresses, phone numbers, and reviews of lenders stores working nearby you:
Company
Address
ZIP code
Phone Number
Ranting
Reviews
Check `n Go
2336 S Reynolds Rd
43614
(419) 986-5474
5
594
Eagle Loan
5414 Monroe St
43623
(567) 745-5408
4.9
425
Advance America
Peter Navarre Shopping Center, 3036 Navarre Ave
43616
(419) 969-0378
5
195
Advance America
5153-A Glendale Ave
43614
(419) 938-9274
4.9
119
Advance America
1744 W Laskey Rd
43613
(419) 947-2223
5
103
Cashland
2037 Woodville Rd
43616
(419) 969-4214
3.2
36
Mariner Finance
4038 Talmadge Rd #102
43623
(567) 731-6088
4.8
34
OneMain Financial
5950 Airport Hwy #1
43615
(419) 986-4333
4.8
15
Cash Plus
4011 Secor Rd # C
43623
(419) 947-1900
4.4
14
CheckSmart
4550 Monroe St
43613
(419) 947-5007
3.1
14
CheckSmart
1221 S Reynolds Rd
43615
(419) 938-5385
2.1
11
CheckSmart
5801 Telegraph Rd
43612
(419) 947-8785
3.1
10
Lendmark Financial Services LLC
5305 Monroe St #1
43623
(419) 988-2712
4.4
8
Quick Cash Loans
5215 Monroe St
43623
(567) 731-8543
5
6
Toledo Check Cashing Center
4625 N Detroit Ave
43612
(419) 947-4950
3.3
3
Hometown Cash Advance
1455 S Reynolds Rd
43615
(419) 938-8800
3
1
Fast Cash of America Inc
5055 Glendale Ave # 3
43614
(419) 938-2400
5
1
Cash Advance Toledo
1470 Cherry St
43608
(866) 636-7335
0
0
Cashsmart
Toledo
43606
(419) 924-9100
0
0
Cashsmart
2209 N Reynolds Rd unit c
43615
(419) 953-2655
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
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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 a Payday Loan in Toledo, OH?
Payday loans are unsecured loans that do not need any form of collateral at all during application. The closest thing to collateral that might be required of you while applying for a payday loan in Toledo, OH, is a post-dated check of the amount you borrowed, including all interests and fees. The lender can cash this check if you fail to meet the payment agreements. The fact that collateral is not needed is one of the reasons payday loans have a high interest rate.
Can I Apply for Payday Loans in Toledo, OH, With the Aid of a Payday Broker?
A payday broker is a person or company that helps you find payday lenders. You are allowed to use the aid of a payday broker to apply for a loan in Toledo, OH. However, you should be careful while using payday brokers as some can make the process of getting even more expensive with their fees.
What Is the Maximum Amount I Can Borrow From Payday Lenders in Toledo, OH?
The maximum amount of money you can request from a particular payday lender in Toledo, OH, is $1000. This ensures that you aren’t tempted to borrow a large amount of money that you might find difficult to repay. Also, in Toledo, OH, there is no rollover of any loan. You can not take more loans from a payday lender until you have repaid the debt for the previous loan in full. This helps to decrease the incidence of debt stacking.
The term refers to the stipulated time frame within which lenders expect you to repay a loan. The duration for payday loans varies from state to state and city to city. In the city of Toledo, Ohio, the minimum term for a payday loan is 91 days, while the maximum term is a year.
Can I Repay My Payday Loan Early in Toledo, Ohio?
Most payday lenders do not allow the borrower to repay their loans earlier than scheduled. As a result of the laws governing payday loans in Ohio, payday lenders in Toledo, OH, can give you a three-day window period to repay your loan at no extra cost in the form of interests or fees.
What Are the Requirements for a Payday Loan in Toledo, OH?
Despite how simple a payday loan application is, you must meet some specific requirements before a payday lender in Toledo, OH, grants you a loan. Failure to meet any of these criteria could interfere with your chances of getting a payday loan. These are some of the requirements:
You have to be at least 18 years old.
You must have a government-issued ID or a social security number.
You must provide evidence that you are a legal resident of America.
You need to have a valid email address and a phone number.
You must have a stable income that can cover the cost of your loan.
You must have a valid checking account.
What Are the Cons of Payday Loans?
Payday loans might sound so appealing that you might ignore some disadvantages associated with payday loans.
Payday loans cost a lot of money the ease of applying for payday loans is only compensation for the high interest rates and fees they attract.
Payday loans can pull you into a cycle of debt, making you apply for even more payday loans.
Most borrowers often sign a post-dated check to the payday lenders in case they don’t meet up with payment. You could have an overdraft on a bank account, or the check you signed may bounce. An overdraft could mean you et additional fees from your bank, while a bounced check could land you in jail.
Alternatives to Payday Loans in Toledo, OH
With all the concern about the predatory nature of payday loans, one might begin to wonder if there are any alternatives to payday loans. How do you escape financial troubles without turning to payday loans for help?
Cut Down on Your Expenses: if you take a close look at your budget, you will discover that you might be spending so much money on some things that are not necessary at all. Eliminating these expenses could help you come up with the cash you need to solve your financial troubles.
Borrow from Friends and Family: borrowing from friends and members of your family can be a better alternative than borrowing from payday lenders. Most friends and family members will be willing to lend you money with no interest involved. These loans are easier to repay and prevent you from getting deeper into debt.
Credit Unions: these are non-profit financial institutions formed to ensure the financial wellbeing of their members. Most credit unions are comprised of like-minded people who wish to help one another out financially. Credit unions offer loans to members at very low interest rates. An added advantage of credit unions is that they can overlook members’ credit scores while approving loans.
