Ohio Payday Loans

Laws regarding lending policies are prescribed at the state level. There are 24 states that have specific laws governing payday loans and Ohio is one. Within the Ohio Check Cashing Loan Act there are regulations to protect both borrowers and lenders. The first requirement is that all cash advance companies must have a state license that is prominently displayed. The law also requires that loan agreements be in writing and include the annual percentage rate of interest, along with the dollar amounts. To make the loans more feasible for borrowers to pay back, only one loan is allowed at a time. Payday lenders cannot pursue defaulted accounts with criminal charges, but are entitle to private collection steps.

Find the right lender for you in cities like Akron, Cincinnati, Cleveland, and Columbus.

Maximum Principal

Ohio consumers can request up to $800 in payday loans.

Length of Loan

A loan term can last up to six months.


There are no extensions or rollovers allowed on payday loans.


Cash advance companies in Ohio can charge an origination fee of $10 for every $100 borrowed. They can also tack on a 5 percent monthly interest fee. Non-sufficient fund check fees are allowed, up to $20. The finance charge for a loan of $100 over two weeks is $15.


A two week payday loan of $100 has an APR of 390 percent.

Check Into Cash
8315 Beechmont Avenue Suite 19
Cincinnati, OH 45255
Ace America's Cash Express
8190 Beechmont Avenue Suite C
Cincinnati, OH 45255
Check Into Cash of Ohio LLC
8340 Colerain Avenue Suite 6
Cincinnati, OH 45239
1571 West Galbraith Road
Cincinnati, OH 45231
Check Exchange
792 Eastgate South Drive
Cincinnati, OH 45245
Check 'n Go - Ohio Locations, Cincinnati
761 Eastgate South Drive
Cincinnati, OH 45245
Ace America's Cash Express
1207 West Galbraith Road
Cincinnati, OH 45231
Ace America's Cash Express
342 Northland Boulevard
Cincinnati, OH 45246
Cash America Pawn
10090 Springfield Pike
Cincinnati, OH 45215
Cash America Pawn
2188 Queen City Avenue
Cincinnati, OH 45214

Ohio Loan Statistics

Pay Schedule
Average Loan Average Age Weekly Bi-Weekly Monthly Twice Per Month Home Owner Renter