Farmers & Merchants State Bank Payday Loans Review - Archbold, Ohio

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3.3 7 reviews

307 N Defiance St, Archbold, OH 43502, USA
+1 (419) 446-2501
www.fm.bank
Tuesday
8:30AM–4:30PM
Wednesday
8:30AM–4:30PM
Thursday
8:30AM–4:30PM
Friday
8:30AM–5:30PM
Saturday
8:30AM–12PM
Sunday
Closed
Monday
8:30AM–4:30PM
Testimonials

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Here you get acquainted with the reviews of our clients.
Note

Pay Attention

Further there will be presented the details about not a definite lending company. The information below will tell about general information about payday loans and its specific elements.

Payday Loans in Archbold, Ohio

According to the definiftion, a payday loan is a lending option issued for a short period: 2-3 weeks. A small loan is approved: $100-$1,000.

It is easy and quick to issue loans in Archbold, Ohio. The rates are set on an individual basis: if a client repays as much loans as possible, she will be provided one of the most efficinet terms and rates.

APR

28%

Max Loan

$1,000

Min Term

91 days

Max Term

1 year

How will Farmers & Merchants State Bank help take out a loan in Archbold, Ohio?

  • 24/7 operation. Such online services allow you to receive funds at any time. Funds are issued around the clock. The payday loan will be sent to a bank account, so a personal visit to the office is not necessary.
  • No paperwork. The list of required documentation is minimal. In most cases, an ID is needed. You do not need to send a certificate of income.
  • Online application. The application is filled out and reviewed much faster than in banks. Money is transferred within 24 hours after receiving approval.
  • High approval level. When it concerns to small amounts, a positive answer comes up 98%.
  • Availability. Banks impose more stringent requirements on their borrowers. Age limits and bad credit will become barriers to issuing a loan. Lenders are more loyal to customers. The presence of minor delays and a bad credit does not guarantee rejection.
Fill in an application

What data to fill in in the application? - General Info

To submit an application, every borrower should fill out the following data:
Loan Amount, Loan Purpose, Email Address
First Name, Last Name, Date Of Birth, Primary Phone Number, Driver's License Number, Your SSN
Zip Code, Street Address
How often do you get paid?, Next Paydate, Type of Account, How do you get paid?
Your Income Source, Are you in the military?, Your Employer Name, Your Monthly Net Income, Your Employer Phone Number
If you have $10,000+ in unsecured debt and would like one of our partners to contact you?, What`s your approximate credit rating?
Select your Bank, Select your Bank’s State, ABA/Routing Number, Account Number

Then you have to press a Submit button and get a decision.

Reasons

Why people take out payday loans?

Utility Bills

Healthcare Bills

Traveling

Car Repair

Clothes

Bad Credit Approved

Payday loans for bad credit

A adverse factor considered by financial institutions is known as bad credit history. But this hindrence is not implied as the only one by lenders to issue a loan. The lender review many aspects such as financial abilities to approve the request. Payday loans in Archbold, Ohio may help improve your credit history.

The following common points will be assessed before applying for a payday loan:

  • be at least 18 years old;
  • be a U.S. citizen;
  • be employed and have a reliable source of income;
  • have a checking account;
  • have a valid email address and phone number.
~ Credit score ~

Rate Your Credit Score

Low
300 – 579 points
  • No way to issue a loan
  • No ability to rent a room
Average
670 – 739 points
  • 80% of loan approval
  • Apply for all loan types
Perfect
740 – 799 points
  • 95% of loan approval
  • Apply for all loans incl. mortgage
Rate your APR

APR Calculator

If you are going to take out a loan, you should determine its exact cost. This calculator will show the annual percentage rate of the loan.

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