Short-term loans of longer than 90 days

Ohio Rev. Code Ann. § 1321.391, under Chapter 1321 | Various Loans.

Ohio Rev. Code Ann. § 1321.391

If the duration of a short-term loan is ninety-one days or greater, the licensee shall determine the recommended length of a loan based on the borrower's verified monthly income as described in division (B)(2) of section 1321.39 of the Revised Code. The licensee shall provide the borrower with a written copy of its recommendation, which is not binding on the borrower. Last updated November 4, 2021 at 4:06 PM