Cleveland is located on the southern shore of Lake Erie and is probably best known for the Cleveland Indians baseball team. Cleveland has a rich history and is full of museums and gardens as well as nature trails to hike, bike and explore.
Cleveland has been hit fairly hard by the latest economic woes and many people find small, short-term payday loans can be a useful option to make ends meet. A good rule of thumb is to not borrow more than you can successfully pay back on your next payday so you have your bases covered.
Ohio Pay Day Loan Laws
Maximum Loan Amount: $500.
Maximum Fees: 28% of the loan
Annual Percentage Rate: 500% on a 14-day, $100. loan
Minimum Payoff Time: 31 days
Maximum Payoff Time: 60 days
Extensions Allowed: Extensions are not allowed on Ohio pay day loans
Top Cleveland Pay Day Loan Companies
Ace Cash Express
1409 E 9th St, Cleveland, OH
(216) 348-0080
acecashexpress.com
Ace Cash Express has offices almost everywhere in the US with many stores in Ohio. You can visit their website to find a store near you and odds are one isn’t too far. If you don’t want to brave traffic Ace allows you to handle a lot of things online.
Money Mart
2168 West 117th Street, Cleveland, OH
(216) 671-2274
moneymart.com
Money Mart is a sister store to Loan Mart and no matter where you live, one of them will be close by. This company specializes in no fax payday loans so you don’t have to run around trying to find a fax as they aren’t popular these days. You can also go online for a payday loan with Money Mart.
Checksmart
1508 West 117th Street, Cleveland, OH
(216) 226-4066
checksmart.com
Checksmart offers you check cashing services in addition to payday loans. You can usually qualify for a payday loan here as long as you’ve been working for three months straight and haven’t bounced checks.
Check Into Cash
18404 Detroit Ave, Lakewood, OH
(216) 227-8017
checkintocash.com
Check Into Cash has one of the most detailed websites of any payday loan company. You can find abundant information on payday loans as well as some other small finance matters such as budgeting. This company has been in business for a very long time and follows all the laws of the state you use their services in.
Advance America
6750 Biddulph Rd., Unit 102, Brooklyn, OH
(216) 739-9442
advanceamerica.net
Advance America offers you the ability to apply and be approved for a payday loan online as well as in their office. This is very handy if you don’t live in the city or don’t have a working vehicle right now. They offer loans to those on fixed incomes as well.
