Applying for a Columbus payday loan can give you quick access to the money you need.
Columbus is the capital of Ohio (OH) and is the largest city in the state. The city’s economy is diverse and depends on sectors that include banking, insurance, fashion, aviation, logistics, hospitality, healthcare, medical research, information technology, energy, and steel.
As of April 2016, 3.9% of Columbus’ population was unemployed, which was 0.9% lower than the state of Ohio.
Payday loans in Columbus find many takers, so if you’re planning to apply for one, the guide below will tell you what you need to know.
Are payday loans legal in Columbus?
Payday loans in Columbus are legal. All payday lenders in this city have to adhere to Ohio Revised Code sections 1321.35 to 1321.48. To provide in-store or online payday loans, a lender must obtain a license from the superintendent of financial institutions.
Check into Cash Loans
Check into Cash allows you to directly apply for a payday loan and have your cash when you need it.
Min. Loan Amount: $50
Loan Term: Varies upon State
Turnaround Time: 1-2 business days
Total Costs: Varies depending on the amount and your state of residency
Must be 18+
No security needed
Confidential and secure!
MoreGo to site
Read the Check into Cash Payday Loan terms and conditions.
A selection of cash advances you can apply for
Rates last updated June 21st, 2016
State of Residence
Your filter criteria do not match any product
Max. Loan Amount
Term of Loan
Turnaround Time
Total Cost of Borrowing $100
Check into Cash Payday Loan
$1,000
Varies upon State
1-2 business days
Varies depending on the amount and your state of residency
Go to site
More
CashNetUSA Loan
$2,250
Varies
1 business day
Varies depending on state.
Go to site
More
LendYou Payday Loans
$1,000
Varies
1 business day
Depends on your credit score and state of residency
Go to site
More
Check City Payday Loan
$2,500
Varies
Next Day
Depends on state of residency.
Go to site
More
Trusted Loans Payday Loan
$1,000
Varies upon State
Next Business Day
Rates and fees are determined by the lender who approves you.
Go to site
More
Cash Central Payday Loan
$25,000
Varies
1-2 Business days
Depends on your credit history and the state you live in.
Go to site
More
Trusted Loans Personal Loan
$10,000
2-60 months
Next Business Day
APR ranges from 25-450% based on your credit score.
Go to site
More
NetCredit Installment Loan
$10,000
Varies upon State
1 business day
Total costs will vary based on your state and credit score.
Go to site
More
100 Day Loan Payday Loan
$1,000
Up to 100 Days
Next Business Day
APR will depend on your credit score and your state of residency.
Go to site
More
Trusted Loans Installment Loan
$10,000
2-60 months
Next Business Day
APR ranges from 25-450% based on your credit score.
Go to site
More
Payday loans in Columbus, Ohio
Payday loan offices in Columbus, Ohio
One way to apply for a payday loan in Ohio is through a storefront lender. Here are some of your options for payday loan stores:
Check into Cash. Eakin Road and E Dublin Granville Road
Always Payday. S Hamilton Road, Hard Road and Cemetery Road
National Cash Advance. Morse Centre Road
Cash Advance Columbus. N High Street
Advance America. Hard Road and W Broad Street
ACE Cash Express. W Broad Street
Check ‘n Go. E Main Street and E Dublin Granville Road
If you prefer the convenience of an online application you can select any of the payday lenders listed on this page.
Why should you consider taking out a Columbus payday loan?
If you’re considering a Columbus payday loan, here are some of the features to keep in mind:
Set loan amount and loan terms. The most you can borrow through a payday loan in Columbus is $500 and the minimum loan term is 31 days.
Various lender options are available. Payday lenders have stores in different parts of Columbus, so finding one in your vicinity should be easy. Several payday lenders only operate online, so you can find more options by searching the Internet, or comparing your options on this page. Online loan matching companies that offer free services can help you look for a payday lender according to your needs.
You can enter into a payment plan. If you cannot repay your Columbus payday loan on time, you can opt for a 60-day payment plan without having to pay extra fees.
There are restrictions on repeat loans. You can have no more than one payday loan at any given time and you can get up to four payday loans per year. There is also a limit of two payday loans per 90-day period.
You can enjoy an easy application process. You can usually complete a payday loan application in five to 10 minutes, provided you have all the required information on hand. Online lenders make use of technology to verify your identity and income online so you don’t have to fax any documents over.
You’ll receive your funds quickly. If you apply at a storefront, the lender may be able to give you the money you need within one hour of accepting the loan contract. With online payday loans, approved funds are usually transferred to your bank account by the next business day.
Bad credit applicants are considered. Getting a loan from a bank or a mainstream lender can be a challenge if you have poor or bad credit history. However, payday lenders look beyond your credit score to make their lending decisions. They look at your existing financial situation when considering your application.
How much can Columbus residents pay for payday loans?
Ann’s car was in need of immediate repairs. Without it, she was having difficulty travelling to and from work. Since she entered the workforce very recently, she had no credit history at all. This made it difficult for her to be approved for a credit card or personal loan. A co-worker suggested she apply for a payday loan and she decided to do so.
Her local payday lender was ready to offer her the $300 she needed based on her employment and income. According to the loan contract, she had to pay an APR of 28% on the amount advanced, which included a loan origination fee of $30. Her loan term was 31 days.
The lender required Ann to have a checking account so it could direct debit the total repayment amount, which was $337, on the repayment date. The amount included the principal amount, the interest and the loan origination fee.
Had she defaulted on her payment, she would have to pay applicable bank charges for the defaulted payment and $20 as a collection charge.
Ready to apply for a payday loan in Columbus?
You can apply online by clicking “Go to Site” on your chosen lender above or by walking into your nearest payday lender’s store. Eligibility criteria will differ between Columbus lenders, but will generally include the following:
You’re at least 18 years old
You’re an American citizen or a permanent resident of the US
You have a steady source of income
You have an operational checking account (if applying online)
In order to complete the application successfully, you’ll have to submit some basic information:
Your name, phone number, home and email address
Your date of birth and social security number
Details from an acceptable form of ID (such as your driver’s license or passport)
Details about your employment
Income-related details
Your bank account details (if applying online)