From Cincinnati to Cleveland, Dime Alley’s simple payday loan application makes it easy for you to find a payday loan that suits your financial needs. You can apply to borrow anywhere from $100 to $35,000 and you could receive the funds in your account as soon as the next business day!
Why Choose Dime Alley for Payday Loans in Ohio?
If you’re looking for a bit of extra cash to help you through to your next paycheck or to pay an unexpected bill, such as a medical or veterinary bill, Dime Alley can help you to find a payday loan to suit your needs.
If your application is accepted, you could receive the money in your account in just a few short hours! We all have times of financial hardship, but rest assured, at Dime Alley, we are there to help you get through it!
Dime Alley’s 3-Step Process
We pride ourselves on matching you with a direct lender who can offer you terms to suit your needs.
When you apply with us, we provide an instant on-screen decision as to whether you qualify.
We offer soft search loans which don’t impact your credit score or leave a footprint.
Is a Payday Loan Right for Me?
A payday loan may be the right choice if you’re struggling with a temporary financial shortfall. If you are finding it hard to cover your expenses until your next paycheck, an Ohio payday loan can help you get back on your feet.
You can choose a short-term loan of 2-4 weeks to allow you some time to reach your next payday. It is not designed to be spent on frivolous activity or shopping, but rest assured, requesting a payday loan will not have an impact on your credit score.
How Do I Get a Payday Loan in Ohio?
If you request a loan through Dime Alley, you can easily find a speedy payday loan in Ohio.
At Dime Alley, we do the hard work for you; we work with direct lending companies across Ohio to find you a loan. We offer a fully online experience with almost instant decisions to make the process as straightforward as possible.
There’s no need to leave the house or approach multiple lenders simply enquire online today and let Dime Alley do the rest.
Am I Eligible for a Payday Loan in Ohio?
Before you request a payday loan, you should consider whether you meet the conditions necessary. Not everyone is eligible for a payday loan in Ohio, so be aware of the requirements and stipulations. There are four main conditions to be eligible:
- You must be a U.S. resident.
- You have to be at least 18 years of age.
- You need to have a consistent income with earnings at a minimum of $800 per month.
- You must have a checking account that your Ohio payday loan can be deposited into.
If you pass all of the above criteria, then feel free to go ahead and apply and we’ll do the rest!
How Do Repayments Work for Ohio Payday Loans?
Ohio payday loans are repaid over two weeks to five years in equal monthly instalments. If you need to cover a one-off emergency bill, a couple of weeks may be long enough to get you to your next paycheque.
For large sums, you may need to spread out the repayments more. You can choose to repay your payday loan in equal instalments each month up to five years! You are also always able to repay the loan early to save money on interest.
What Should I Consider Before Getting a Payday Loan in Ohio?
You should first check that you meet the eligibility criteria (see above) before you apply. Make sure you consider whether you can afford to meet the repayments on time.
In the case that you are unable to repay your payday loan, interest may be added. Not repaying your loan on time may also affect your credit score. It would be best if you thought about how much you actually need to borrow before getting started.
How Fast Can I Get a Payday Loan in Ohio?
Most people requesting a payday loan are in an urgent financial situation. We understand that time can be of the essence and strive to get you the money you need as quickly as possible. Whether you’re facing home repairs, need to cover monthly bills, or pay rent, completing the short online form is the first step in the right direction.
To get your payday loan in Ohio as quickly as possible, have your bank details ready to go. You should also remain available by once you’ve sent the request in case you are contacted to provide follow-up information. For fastest response times, its recommended to inquire during work hours, this is when most loans are funded, and avoid national holidays!
We work with lenders from all across Ohio to find you funding. If your request is accepted, you could receive your loan within one hour. The loan will be paid into your bank account the very same day in one lump sum. Wherever you live in Ohio, you can get a fast and efficient payday loan. Inquire today and get a decision almost instantly.
Where You Can Find Us in Ohio
FAQs on Payday Loans in Ohio
- How Much Can I Borrow in Ohio?
- Can I get a Payday Loan with Bad Credit in Ohio?
- How many Loans can you have at once in Ohio?
- Am I Charged a Fee for using Dime Alley?
- Can I Get a Payday Loan with No Credit Check?
- What is the Price Cap on Loans in Ohio?
With Dime Alley, you could find payday loans ranging from $100 to $35,000 – with the amount you can borrow based on factors like your monthly income, credit status and affordability.
Ohio has a $1,000 payday loan limit. Payday loans can be taken for the period from 91 to 1 year and no rollovers are allowed.
If you have a bad credit score, don’t worry – you can still get a payday loan!
With Dime Alley, all credit histories are accepted. This means that you should still request a payday loan with us even if you have already been turned down by a bank because of bad credit.
According to Ohio state regulation, only one payday loan is allowed at one time. Once the loan is paid back, you’ll be permitted to take out another one if you wish.
No! We will never charge fees for using our service.
Instead, we take a fee or commission from the lender if your application is approved and successful. The lenders will charge a daily or monthly interest if your loan is active and this will be presented to you in writing before you proceed.
Dime Alley will consider those looking for no credit check loans, but note that a credit check is usually carried out for all customers.
The payday price cap in Ohio is currently set at 138%.
The price caps on interest rates protect borrowers from paying such high interest and to protect from predatory lending.