Payday Loans in Xenia, OH
Payday loans in Xenia, OH, are the best short-term, small-dollar loan you can take when you are in a financial crisis. All you have to do is pay the loan back on your next payday. The beauty of this kind of cash advance is that your credit doesn’t have to be good to access it. They are offered even to borrowers with no credit or with bad credit.
This unsecured loan comes in handy when you have a financial need that needs fixing as soon as possible. In Ohio, the maximum loan amount of a payday loan is $1000, but you can get a loan of up to $2500 if you apply with multiple different payday lenders.
Benefits of Payday Loans in Xenia, OH
What are the pros of taking out payday loans in Xenia, OH?
- Borrowers don’t need to have a good credit history to get them – The credit history of the borrower doesn’t matter. What matters the most is the ability to repay the loan.
- The use of the money is not restricted to any particular purpose – A borrower doesn’t have to elaborate on how they will use the cash. They can use it for whatever purpose they please.
- Access to instant cash – When in an emergency, borrowers need a lender to give them the money as quickly as possible. Most bank loans may take a little longer before the lender disburses the cash. Therefore, payday loans are the ideal option for emergencies.
- The application process is quick and straightforward – Applying for payday loans can take less than 5 minutes.
- Loan approval is quick – If you have all the documentation required, the lender can deposit the money into your account within minutes. And, if that doesn’t happen, you can be sure that the approval will not take any longer than one business day.
- Fewer requirements compared to other loans – Compared to other loans, payday loan requirements are fewer.
How to Get Payday Loans in Xenia, OH
If you want payday loans in Xenia, OH, you can apply for them online or physically. The online option is quick and convenient, and AdvanceSOS has even made the process more swift and secure. We have a collection of legitimate loan companies in Ohio, that can offer you excellent services.
For those that prefer to visit a local lender, the application process is the same. However, you must arrive at their office during working hours to get the loan.
Requirements for Payday Loans in Xenia, OH
When applying for payday loans in Xenia, OH, you must fulfill the following requirements:
- Must be 18 years or older
- Verify your identity with an ID or a driver’s license
- Proof of the ability to repay the loan with pay stubs or another similar document
- Be a resident of Xenia, OH
- Have a checking bank account
- Have a valid email address and phone number
- Some lenders ask for the social security number
APR and Fees
Payday loans have some downsides, though. The main one is the high cost of borrowing. Due to their high risk of default, lenders charge high interest rates.
Luckily, in most states where payday lending is legal, the cost of borrowing is also regulated. According to Ohio laws, the APR is 28%, and the finance charge is 28%, too. The borrower is also charged other fees like maintenance fees and loan origination fees.
How We Can Help
AdvanceSOS offers borrowers protection against unscrupulous lenders. Our platform has created a database of licensed and legitimate payday lenders. Therefore, if you apply for a loan through our platform, you can rest assured that the lender you connect with is reputable and well-vetted.
To get started, just click on the button, provide the financial and personal details required, and hit submit. The lender will get in touch and provide a loan agreement for you to sign. Be sure to read over all details, and if everything sounds good, go ahead and sign.
Payday Loans Companies in Xenia, OH
|First American Cash Advance||111 N Allison Ave Xenia OH, 45385||937-374-3615|
|First American Cash Advance||111 North Allison Avenue Xenia OH, 45385||937-374-3615|
|Check Into Cash Of Ohio Llc||1796 W Park Sq Xenia OH, 45385||937-372-7073|
|Check Into Cash||1796 West Park Square Xenia OH, 45385||937-372-7073|
|Cash Express Llc||2427 Cornwall Dr Xenia OH, 45385||937-376-5762|
|Cevan Inc||354 E Main St Xenia OH, 45385||937-372-1100|
|Instant Cash Currency Exchange||354 East Main Street Xenia OH, 45385||937-372-1100|
|Cash Express Llc||36 N Detroit St Xenia OH, 45385||937-376-5762|
|Buckeye Check Cashing Inc||397 W Main St Xenia OH, 45385||937-372-8018|
|Checksmart||397 West Main Street Xenia OH, 45385||937-372-8018|
|National Cash Advance||64 Xenia Towne Sq Xenia OH, 45385||937-376-1145|
|National Cash Advance||64 Xenia Towne Square Xenia OH, 45385||937-376-1145|
|Cashland||645 W 2Nd St Xenia OH, 45385||937-374-2738|
|Cashland Inc||645 West 2Nd Street Xenia OH, 45385||937-374-2738|
|Check Into Cash||689 W 2nd St Xenia OH, 45385||937-372-7073|
Amanda is a senior writer at AdvanceSOS. She has more than six years of journalism experience, mostly in the finance sector. She graduated with a Bachelor’s Degree from Drew University.