BOULDER, Colo. – 8th September 2026 – 1F Cash Advance has withdrawn its prior announcement about expanded relief lending in Ohio after determining that the release did not include adequate documentation, regulatory disclosures, source citations, or consumer cost information.
The prior release should not be relied upon as evidence of new locations, added staff, increased lending capacity, licensing changes, or an expanded Ohio service area. 1F Cash Advance has not provided records establishing any such development.
Statements Withdrawn
The company has removed the following assertions from the earlier release:
- Claims about increasing application volume, applicant behavior, approval standards, future demand, funding speed, and measurable growth. No sample size, review period, methodology, or supporting company data accompanied those claims.
- Product amounts and repayment periods. The earlier release did not identify representative annual percentage rates, finance charges, total repayment amounts, provider-specific eligibility rules, or late-payment consequences.
- The statement that the company operates stores in Cincinnati, Cleveland, and Columbus. No addresses, opening dates, operating records, or relevant licensing information were supplied.
- Outside quotations for which the original wording and complete source context were not provided.
The earlier release also presented economic assertions including that a typical household needed $130,000 a year, that certain wage findings were made “according to a Policy Matters Ohio review,” and that “Ohio was ranked the best state” for business. Those statements are not repeated here as established findings because the release did not identify the exact reports, publication dates, tables, methodology, or links supporting its wording.
Readers seeking the underlying research should consult the Urban Institute research library, Policy Matters Ohio research, and CNBC Top States for Business rather than relying on the withdrawn summary.
Consumer and Regulatory Clarification
1F Cash Advance operates as an online referral service rather than a direct lender. It does not make credit decisions or set the rates and charges offered by participating providers.
This notice does not promote or offer a credit product. Ohio residents should review a provider’s written disclosures before accepting any offer, including:
- The provider’s legal name and contact information
- Annual percentage rate and finance charge
- Payment schedule and total repayment amount
- Late-payment and nonpayment consequences
- Cancellation rights, if applicable
- State authorization or registration information
Provider records may be checked through NMLS Consumer Access. Consumers should not submit an application based on product descriptions or location claims contained in the prior release.
About 1F Cash Advance
1F Cash Advance operates an online service that refers consumer inquiries to participating credit providers. It is not a direct lender and does not determine provider rates, charges, approval decisions, or repayment terms.
Media Contact
Media Relations
1F Cash Advance
info@1firstcashadvance.org
https://1firstcashadvance.org/