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Ohio Pay Day Loan legislation
Appropriate Status: Legal into the Ohio state
Ohio Pay Day Loan Terms:
- Optimum Cash Advance Amount: $1000
- Payday Loan Term: the least 31 days
- Optimum Finance speed and charges in Ohio: 28% yearly interest
- Finance Charge for 14-day $100 cash advance in Ohio: $1.08
- APR for 14-day $100 funds joy loans com login loan cash advance in Ohio: 28%
Ohio Cash Advance Debt Limits:
- Optimum quantity of Outstanding Loans at once: 1, but 4 are permitted through the 12 months
- Rollovers Permitted: None
- Cooling-off Period: 2 loan limitation in 3 months
- Repayment Arrange: Yes, 60 times, no charges
Ohio Cash Advance Collection Limits:
Collection charges: $20 collection fee, Bank fees (if disclosed); Court expenses after standard; damages