New Loan Options Meets Needs of Ohio Customers
Wednesday, November 26th, 2008A recent change in lending laws in Ohio means it may be harder for certain consumers to find the short-term loan options that were available to them in the past. New legislation is making it difficult for many brick and mortar and online payday lenders to operate in Ohio, leaving their customers with few places to turn.
Fortunately, CashNetUSA has developed a new loan product aimed at offering these customers the short-term funding they need, even with payday loans being out of the picture. Our Mortgage Loan Act (MLA) loan is a fully licensed, convenient and quick answer to immediate money needs and carries a lower finance charge on average1 than former payday loans. Customers can apply for a loan amount of $100, $500 or $1,000 and often get the money by the next business day.
Ohio customers can still benefit from CashNetUSA’s fast online application, quick funding and hassle-free direct deposit of funds. Learn more about how you can take advantage of CashNetUSA’s fast online loans at www.cashnetusa.com.
1. Based on average loan size of $500 funded principal for 14 days (www.cashnetusa.com/ohio_mla) for a comparison.








