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Best Online Short-term Loans in Elyria

Need quick cash to tackle unexpected expenses? You're not alone! We understand the stress of sudden financial crunches, and that's why we're here with our Best Cash Advance Short-term Loans. Designed to bridge the gap between paychecks, our loans offer a swift solution to your urgent needs. No more sleepless nights worrying about overdue bills or surprise costs. Let us help you regain financial peace of mind with an easy, hassle-free loan application process tailored just for you. Choose us for fast and reliable short-term loans and move forward with confidence!

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Best Online Short-term Loans in Elyria

Eagle Loan
Loan agency
5.00
38 reviews

Address: 633 Chestnut Commons Dr, Elyria, OH 44035

Today's Business Hours: 9:00 AM - 5:00 PM

Phone Number: +1 (440) 281-9797

Website: eagle.com

Services:

Business loans Installment loans Payday loans Signature loans Accessibility Support Auto Repair Financial Counseling Services Home Repair Loans For Bad Credit New Loan Personal Loans Personal Loans For Bad Credit Short Term Loan Student Loan Term Loan
Advance America
Financial institution
4.90
10 reviews

Address: 401 Cleveland St, Elyria, OH 44035

Phone Number: +1 (440) 366-0949

Services:

Business loans Cash for gift cards Financing Flex loans Installment loans Line of credit Payday loans Signature loans Title loans Auto Repair Loans Child Support Consumers Loans Credit Counseling Credit Reporting Debt Management Electronic Bank Emergency Loans Expanded Loan Financial Plan Financial Services Fund Transfer Home Loans In Store Loan Money Orders Money Services Money Transfer Service Moneygram® Services Netspend Visa® Prepaid Cards Netspend® Visa® Prepaid Card New Loan Online Cash Advances Online Lending Online Loan Application Online Personal Loan Personal Finances Refinance Options Single Repayment Loan Small Loans Tax Service Term Lending Term Loans Verification Service Wire Transfer
Mariner Finance
Loan agency
4.70
10 reviews

Address: 5212 Detroit Rd, Elyria, OH 44035

Today's Business Hours: 9:00 AM - 5:00 PM

Phone Number: +1 (440) 723-3059

Website: marinerfinance.com/locations/ohio/mariner-finance-location-in-elyria-oh

Services:

Business loans Installment loans Line of credit Microloans Payday loans Signature loans Title loans Apply For Financing Auto Refinancing Loans Auto Secured Loan Car Refinancing Car Refinancing Loans Consumer Finance Credit Card Payments Current Loan Customer Support Debt Consolidation Loan Fha Loans Finance A Used Car Financing Online Home Equity Loan Home Improvement Loans Home Loans Mortgage Loans Home Loans Resources Home Mortgage Home Refinance Industrial Loan Loan By Phone Loan Car Loans Loan Finance Loan Program Loan Solutions Mortgage Broker Mortgage Personal Loans Motor Vehicle New Car Loans Online Personal Loan Payment Plan Personal Financial Purchasing Or Refinancing Refinance Loans Refinance To A Lower Rate Residential Mortgage Lending Residential Mortgage Loan Sales Finance Sell Your Home Small Loan Special Day Tax Returns Unexpected Expenses Loans Unsecured Personal Loans Used Car Loans Vacation Financing Vacation Loans Vehicle Loan Wedding Loans debt consolidation loans
ACE Cash Express
Loan agency
4.10
10 reviews

Address: 306 Chestnut Commons Dr Ste 306, Elyria, OH 44035

Phone Number: +1 (440) 366-0071

Services:

Bill paying Business loans Cash for gift cards Flex loans Installment loans Line of credit Money orders Money transfers Payday loans Personal check cashing Signature loans Tax refund check cashing Title loans Ace Elite™ Visa® Prepaid Debit Card Atm Services Cash Withdrawal Consumer Loans Credit Counseling Faxless Cash Advance Financial Services Flexible Payment Options Instant Loan Internet Loans Loan Funding Online Cash Advances Online Payment Pay Off Credit Cards Payment Processing Secured Loans Short Term Loan Tax Preparation Term Lending
Lendmark Financial Services LLC
Loan agency
3.60
4 reviews

Address: 5222 Detroit Rd, Elyria, OH 44035

Today's Business Hours: 8:30 AM - 5:30 PM

Phone Number: +1 (440) 934-2302

Website: lendmarkfinancial.com/branches/oh/elyria/44035-1439

Services:

Business loans Installment loans Signature loans Title loans Auto Loans Automobile Loans Consumer Finance Financial Services Home Repairs Merchant Finance Personal Lending Personal Loans Refinance An Existing Loan Sales Finance
OneMain Financial
Loan agency
3.50
9 reviews

Address: 360 Chestnut Commons Dr, Elyria, OH 44035

Today's Business Hours: 9:00 AM - 5:30 PM

Phone Number: +1 (440) 366-0842

Website: onemainfinancial.com/branches/oh/elyria/44035/4633

Services:

Business loans Flex loans Payday loans Signature loans Title loans Auto Refinance Loans Auto Repair Loans Boat Loans Building Credit Car Purchase Loans Cash Out Refinance Consolidation Credit Consumer Loan Credit Cards Debt Consolidation Loans Emergency Loansmoving Loans Family Support Financial Loans Financial Protection And Innovation Funeral Loans Holiday Loan Home Improvements Housing Counselors Lending Solutions Loan Calculator Loan Insurance Medical Loans Military Lending Money Management Mortgage Loan Servicer Mortgage Loans Mortgage Payment Motor Vehicle Motorcycle Loans Payment Plan Personal & Auto Loans Personal Finance Personal Loans Online Real Estate Mortgage Repayment Plan Rv Loans Secured Loan Secured Personal Loans Tax Returns Total Finance Unsecured Loan Unsecured Loans Vacation Loans Wedding Loans

Alternatives to Short-term Loans in Elyria

Short-term loans offer financial solutions for urgent needs and come in various forms such as personal loans, installment loans, and title loans. Personal loans are unsecured and can be used for various purposes, often with higher interest rates due to the lack of collateral. Installment loans allow borrowers to repay the borrowed amount in fixed monthly payments over a specified period, making budgeting easier. Title loans require the borrower to use a vehicle as collateral, enabling quick access to funds but also posing the risk of losing the vehicle if the loan is not repaid. Each type caters to different financial situations and borrowing needs, offering flexibility but often at a higher cost compared to traditional loans.

Best Personal Loan

Simple Bad Credit Loans
5.00
7 reviews

Short-term personal loans are typically unsecured and meant to be paid back within a short timeframe, usually a few months to a year. The best personal loans tend to be those offered by reputable financial institutions and online lenders with transparent terms and competitive interest rates. These types of loans can be used for various purposes such as consolidating debt, covering emergency expenses, or making a large purchase. It's crucial to review the lender's reputation and read the fine print to ensure there are no hidden fees or unfavorable terms. In essence, for a personal loan to be the best choice, it should have a reasonable interest rate, clear repayment terms, and should come from a trustworthy lender.

Best Car Title Loan

Fifth Third Mortgage - Rebekha Carrick
0.00
0 reviews

Title loans use a borrower's vehicle title as collateral and are known for quick approval processes. LoanMart emerges as a recommendable option for title loans, offering flexible terms and transparent practices. With LoanMart, borrowers can access funds without giving up their vehicle use, and the company provides supportive customer service to facilitate a smooth loan experience. This solution is ideal for those needing immediate cash while still maintaining vehicle possession.

Loan Regulations in Ohio

Ohio's short-term loan regulations are designed to provide a balance between borrower protection and accessibility. The state allows short-term loans up to $1,000 with a minimum term of 91 days, though the loan term can be shorter if the monthly payment does not exceed 6% of the borrower's gross monthly income or 7% of net monthly income. The maximum term is one year. Interest rates on short-term loans in Ohio are capped at 28% APR, significantly lower than in many other states.

To be eligible for a short-term loan in Ohio, applicants must meet basic criteria such as having a steady source of income, being at least 18 years old, and possessing a valid checking account. Some lenders may require additional documentation or criteria.

Short-Term Loan Calculator

day(s)
%
$

Estimated Payment

$327.12
Total Principal Paid: $300.00

Financial Charge: $27.12

Loan Term: 150 day(s)

APR: 22.00%

Where to Use Short-term Loan

For those who have secured a short-term loan, several local service providers offer essential support in critical areas. These funds can be directed towards medical expenses for unexpected health emergencies, car repair services to ensure reliable transportation, and legal services for any urgent legal matters. Additionally, the loan can assist with funeral costs during difficult times or cover the expense of necessary appliance repairs or replacements, helping maintain everyday conveniences.

Car Wash
620 Griswold Road, Elyria, OH 44035
+1 (440) 581-0002
College/University
1005 Abbe Road North, Elyria, OH 44035
+1 (440) 366-4080
Community Center
322 Gateway Boulevard North, Elyria, OH 44035
+1 (440) 329-5117
Dentist
667 Chestnut Commons Drive, Elyria, OH 44035
Do-It-Yourself Centers
150 Market Drive, Elyria, OH 44035
+1 (440) 324-7222
Doctor
125 East Broad Street, Elyria, OH 44035
+1 (216) 383-6028
Fast Food
38315 Chestnut Ridge Road, Elyria, OH 44035
Government Office
851 Garden Street, Elyria, OH 44035
+1 (440) 322-2927
Hospital
125 East Broad Street, Elyria, OH 44035
+1 (440) 329-7306
Library
2nd Street, Elyria, OH 44035
+1 (440) 324-2270
Motel
701 Oberlin Elyria Road, Elyria, OH 44035
+1 (440) 458-5116
Movie Theater
2650 Midway Mall, Elyria, OH 44035
+1 (440) 324-2075
Museum
336 Broad Street, Elyria, OH 44035
Other Repair Shops
135 Olive Street, Elyria, OH 44035
+1 (440) 822-3610
Shopping Center
845 Cleveland Street, Elyria, OH 44035
+1 (440) 657-3509

FAQ

What are short-term loans?

Short-term loans are types of financial products designed to help individuals cover urgent expenses. They are typically small amounts of money borrowed with the expectation of repayment in a short period, usually within a few weeks to a few months. Common types of short-term loans include short-term loans, same-day loans, and cash advances.

Can I get a short-term loan with bad credit?

Yes, individuals with bad credit can still qualify for short-term loans. Many lenders specializing in these loans focus less on credit scores and more on your ability to repay the loan. However, the interest rates on such loans may be higher to offset the risk taken by the lender. It's important to carefully assess your repayment ability before taking a bad-credit loan.

How do short-term loans work?

Short-term loans are short-term loans intended to be paid back on the borrower's next payday. They can be a quick solution for urgent financial needs but often come with high interest rates and fees. Borrowers are required to repay the loan in full when they receive their next paycheck, making it crucial to plan for repayment to avoid additional fees.

What is a same-day loan?

A same-day loan is a type of short-term loan that allows borrowers to receive funds on the same day they apply. These loans are beneficial for emergencies when immediate cash is needed. Approval processes are usually swift, with requirements varying by lender. It's essential to review the terms and conditions before proceeding with a same-day loan.

What are the risks of short-term loans?

While short-term loans can be helpful for immediate financial needs, they come with risks such as high interest rates and fees, which can lead to a cycle of debt if not managed wisely. Borrowers should ensure they can repay the loan by the due date and consider alternative funding options if possible. Failure to repay on time can negatively impact credit scores and lead to additional financial difficulties.

How much can I borrow with a short-term loan?

The amount you can borrow with a short-term loan varies by lender and your financial situation. Generally, short-term loans range from a few hundred to a few thousand dollars. It's crucial to borrow only what you need and can repay gracefully to avoid excessive debt.

What should I consider before applying for a short-term loan?

Before applying for a short-term loan, evaluate your financial situation to ensure you can afford the loan repayment. Compare different lenders for interest rates, fees, and terms. Read the fine print carefully and avoid lenders with hidden charges. Finally, consider whether alternative funding sources, like borrowing from friends, family, or using savings, can better meet your needs.

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Elyria ZIP Codes

44035
44036