5/15/2023
Updated
Each state in the USA has a particular economy and standard of living that goes hand in hand with its progress. If you live in Ohio you will be interested in knowing how to get personal loans in the state, as it is important to be able to support your finances.
You may be interested in: Personal loans with ITIN number
That's why we've put together this little guide to let you know which institutions offer them and how to find loans in Ohio near you.
Find Ohio loans near you
The availability of credit is something that has always characterized the United States. That's why it's easy to get financing in Ohio and the rest of the country. For this, you have banks, credit unions, P2P platforms, fast online loans and much more.
Among the most important banking institutions to get personal loans in Ohio, we can highlight the following:
- Amount: between $ 5,000 and $ 100,000
- Term: between 1 year and 5 years
- Interest: 7.76%
- APR: 7.76%
- Amount: between $ 5,000 and $ 100,000
- Term: between 1 year and 5 years
- Interest: 7.76%
- APR: 7.76%
- Amount: From $ 2,000
- Term: between -1 months and 7 years
- Interest: 11.85%
- APR: 11.85%
- Amount: between $ 5,000 and $ 100,000
- Term: between 1 year and 5 years
- Interest: 7.76%
- APR: 7.76%
- Amount: From $ 2,000
- Term: between -1 months and 7 years
- Interest: 11.85%
- APR: 11.85%
- Amount: between $ 1,000 and $ 35,000
- Term: 0 months
- Interest: 7.89%
- APR: 7.89%
- Amount: between $ 5,000 and $ 100,000
- Term: between 1 year and 5 years
- Interest: 7.76%
- APR: 7.76%
- Amount: From $ 2,000
- Term: between -1 months and 7 years
- Interest: 11.85%
- APR: 11.85%
- Amount: between $ 1,000 and $ 35,000
- Term: 0 months
- Interest: 7.89%
- APR: 7.89%
- Amount: between $ 1,000 and $ 150,000
- Term: 0 months
- Interest: 4.43%
- APR: 4.43%
Find loans near you in Ohio
Use the map below to quickly locate lenders near you so you can find out how to get there from where you are, choose the one closest to you, and view their hours and contact phone number:
Among the chains of lenders specializing in personal loans, you can find Eagle Loans, Advance America or OneMain Financial.
Best Banks for Personal Loans in Ohio
Within the list of banking institutions, we have chosen 3, whose local presence has stood out over other options.
- Citizens Bank. This financing ranges from $5,000 to $50,000 with terms up to 60 months. This bank also offers you a discount for being a customer. You can get a 0.25% rebate with a qualified account and another 0.25% when you activate auto-pay during the loan application.
- Dollar Bank. Personal loans with this bank start with an APR of 8.49% and terms extend up to 60 months. On the other hand, you can request a maximum of $12,000, and if you are a client of this bank, you receive a 0.25% discount on the interest rate.
- PNC Bank. With this institution you can apply for a secured or unsecured loan. Available amounts range from $1,000 to $35,000 and you have up to 5 years to repay. If you need more money, you can get up to $100,000 when you opt for a secured personal loan.
What do you have to do to get a personal loan in Ohio?
When you apply for financing at a bank or an online platform, you must provide certain information to comply with KYC regulations. This means that you will be asked for:
- Current address
- Your full name
- Date of birth
- Amount of annual income
- Social Security Number
- Verification of employment status
- Proof of income (paychecks or bank statements)
Common Uses of Personal Financing in OH
One of the most important aspects of personal loans in Ohio and the rest of the United States has to do with their flexibility. Because of their accessibility through a wide variety of lenders, people use these quick loans to:
- Paying for emergencies. When you have an emergency and are short of money to complete the bill, a personal loan can help. It could be an illness or a car repair. In any instance, you have this possibility to solve.
- Consolidate debts. There is a special type of debt consolidation that allows you to consolidate all your debts into one account. Debt consolidation loans are popular because they reduce your payments, you only pay one monthly payment and you can better organize your finances.
- Make home improvements. Projects associated with the house are not cheap and often require funds that we don't have. If you don't want to use a HELOC with your home as collateral, an unsecured personal loan is a good option.
A brief overview of Ohio
Located in the northeastern part of the country, Ohio owes its name to the Ohio River, whose origin comes from the word ohi:yo, meaning good or great river. Located west of the Appalachians, it is the result of the division of the northeastern territory, the first frontier of the new United States. In 1803 it would become the nation's 17th state.
In terms of land area, Ohio ranks 34th and has an estimated population of 12 million, making it the 7th most populous. Its capital Columbus is the largest city and its metropolitan areas also include Cincinnati and Cleveland.
OH is known as the Buckeye State because of its namesake trees and is the only state with a non-rectangular flag.
The state's economy is based on manufacturing, bioscience and green initiatives. It is also noted for its production of plastics, metals, appliances and electronic equipment.
Among Ohio's many attractions are a wide variety of theaters and arts venues. It is home to the Rock and Roll Hall of Fame and the NFL Hall of Fame. In addition, professional and amateur sports are an important part of the local economy.
Español: Préstamos personales en Ohio cerca de mí