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BankersOnline.com Forums State-Specific Compliance Issues Ohio Ohio Usury Rate
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#463367 - 11/29/05 09:38 PM Ohio Usury Rate
Janis Offline
New Poster
Joined: Sep 2005
Posts: 1
Can anyone tell me what Ohio's usury rate is for both consumer loans as well as equity loans?

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#463368 - 12/06/05 03:12 AM Re: Ohio Usury Rate
OhioComply Offline
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Joined: Sep 2004
Posts: 36
The Heart of It All
maximum rate allowable in the state of ohio is 25%. ORC§ 2905.21. Definitions and

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#463369 - 12/06/05 03:29 AM Re: Ohio Usury Rate
OhioComply Offline
Junior Member
Joined: Sep 2004
Posts: 36
The Heart of It All
also.... ORC§ 1109.20. Allowable interest rate, fees and charges; governing law.

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