My furnace broke, and I couldn’t just wait until my pension came in. The application didn’t take long. I only answered some questions, and the money was in my account the next day.
The office lady was very helpful, explained it all in the simplest possible way, so I could understand how the whole process worked. Fast and simple.
I expected a denial with my credit score, but they didn’t seem to care about that. Got my loan the next day.
Professional and respectful guys. They answered all my questions and didn’t pressure me to make up my mind, which is a rare thing these days.
Cash Loans Bear offers accessible funding solutions, including payday loans in Holland for residents facing time-sensitive expenses. We’ve built a process that is as simple as possible, with no hidden conditions and no unnecessary hassle. All loan options are provided in line with Ohio lending laws that help protect borrowers, including the state’s Short-Term Loan Act. For more information, you can visit the Ohio Division of Financial Institutions.
If you don’t have the time or prefer not to apply in-store, you can apply online. If you meet the basic eligibility criteria, approved funds are typically sent directly to your checking account, often by the next business day.
Depending on the loan type and your credit profile, you may borrow up to $1,000 with a payday loan, the most Ohio law allows for a short-term loan,1 and up to $5,000 if it’s an installment loan. Larger loans follow different Ohio rules: the state’s Small Loan Act covers loans of $5,000 or less, and lenders licensed under it can’t make loans of less than $1,000 or with a term of one year or less.5
Every payday loan in Holland is a short-term loan under Ohio law, so the same limits apply whether you borrow in-store on Airport Highway or online. Here is what those limits mean for you.
| Rule | What Ohio law allows |
|---|---|
| Loan amount | Up to $1,0001 |
| Loan term | 91 days to one year. A shorter term is allowed only if the monthly payment is no more than 6% of your verified gross monthly income or 7% of your net monthly income, whichever is greater.1 |
| Interest | No more than 28% per year2 |
| Monthly maintenance fee | 10% of the original loan amount or $30, whichever is less2 |
| Origination fee | 2% of the loan amount, only on loans of $500 or more4 |
| Total fees and charges | Capped at 60% of the original loan amount3 |
| Changing your mind | You can cancel by 5 p.m. on the third business day after you sign3 |
| Paying early | No penalty, and you get back a prorated share of the charges3 |
Because Ohio caps both interest and fees, you can work out the most a short-term loan could cost before you apply. The examples below use the highest charges the law permits, so an actual offer may cost less. Your lender will show the exact APR and total before you sign.
| Loan | Monthly payment | Interest (28%) | Maintenance fees | Origination | Total to repay | APR |
|---|---|---|---|---|---|---|
| $300 over 4 months | $109.43 | $17.70 | $120.00 | $0 | $437.70 | about 204% |
| $500 over 6 months | $120.27 | $41.62 | $180.00 | $10.00 | $731.62 | about 148% |
| $1,000 over 12 months | $126.51 | $158.07 | $360.00 | $20.00 | $1,538.07 | about 90% |
Illustrative calculation based on the maximum interest and fees allowed under Ohio Revised Code 1321.40,2 with equal monthly payments and the origination fee paid at signing. All totals stay under the 60% fee cap.3 Not an offer or a quote.
Principal and maximum allowed charges, USD
On smaller loans, the monthly maintenance fee is the biggest cost, not the interest. That is why a $300 loan can carry a higher APR than a $1,000 loan, even though it costs fewer dollars. If you can repay early, ask for the payoff amount: Ohio law requires a prorated refund of the charges.3
Apply online in just a few minutes.
Submit your application and get a quick decision.
Funds are sent directly to your debit card or bank account.
Additional documents may be required.
For more information about identification and lending requirements, visit the Consumer Financial Protection Bureau.
Online or in-store — whatever works best for you
Fast application — takes only minutes
Same-day funding — for loans approved before 10 a.m.
Clear repayment terms — explained before you sign
No hard credit check — no impact on your FICO score
No credit score minimum — approval based on income
A payday loan works best for a one-time expense you can repay on schedule. Before you sign, make sure you can say yes to each of these:
To meet our basic requirements, you should be at least 18 years old, be a U.S. citizen or resident, provide a valid government-issued ID, and show bank statements proving stable income.
As we base our decisions mostly on the income and overall financial situation of the applicants, borrowers with bad credit may still qualify if they meet eligibility requirements.
Most borrowers receive their loan on the next business day due to operating hours and the bank’s cutoff. You may get it on the same day when you apply if the request is approved before 10 a.m.
Yes. Payday loans in Ohio are made under the Short-Term Loan Act, which limits them to $1,000 and a term of 91 days to one year.1
At the highest charges Ohio allows, a $500 loan repaid over six months costs about $231.62 in interest and fees, for a total of about $731.62. Total fees and charges can never exceed 60% of the amount you borrow, which is $300 on a $500 loan.3
Yes. Ohio law lets you cancel a short-term loan by 5 p.m. on the third business day after the loan is made.3
Yes. There is no prepayment penalty, and your lender must refund a prorated portion of the charges if you pay in full or refinance before the due date.3
Contact the Ohio Division of Financial Institutions, Consumer Finance Section, which licenses and supervises non-bank consumer lenders in the state. You can also submit a complaint to the Consumer Financial Protection Bureau.
Ohio Legislative Service Commission
Ohio Revised Code Section 1321.39, Short-term Loan Requirements and Restrictions — loan amount and term limits. Effective October 2018; current law.
Ohio Legislative Service Commission
Ohio Revised Code Section 1321.40, Maximum Interest Rate; Permissible Short-term Loan Fees — interest and fee limits. Current law.
Ohio Legislative Service Commission
Final Analysis, Sub. H.B. 123, 132nd General Assembly — fee cap and borrower rights. 2018.
Ohio Legislative Service Commission
Senate Committee Amendments to H.B. 123 — origination fee, disclosures, and income verification. 2018.
Ohio Legislative Service Commission
Bill Analysis, S.B. 269, 136th General Assembly — Small Loan Act thresholds. October 2025.
Lucas County Auditor
Popular Annual Financial Report 2025, Lucas County, Ohio — county household income. 2026.
Ohio Department of Development, Office of Research
Ohio County Profiles, 2025 Edition: Ohio — state income and housing costs. 2025.
FINRA Investor Education Foundation
Financial Capability in the United States, 6th Edition — debt collection contact rates. July 2025.
