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The Ohio economy has seen trouble recently. Unemployment rates across the state are rising and job opportunities are dwindling. Ohio also has a foreclosure rate high above the national average. Most of the homes in foreclosure are a result of income loss or skyrocketing interest rates. 



Consumer advocates blame the foreclosure rate on predatory lending, saying that borrowers are being duped into high-cost loans that they cannot possible afford. To remedy the situation, Ohio recently created a “Borrowers Bill of Rights” to protect consumers from high-cost loans. If an Ohio borrower encounters a lender of ill repute who is violating their rights, the borrower could take action against the broker or lender.

Even with the new regulations in effect, Ohio borrowers should carefully compare lenders, rates, and loan terms prior to the purchase of any type of loan.

Our recommended companies service Ohio, including these cities; Cincinnati, Cleveland, Columbus, Dayton, and Toledo.

Our Recommended Lenders Servicing Ohio -

Suggested State Sources For Loans -

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