Ohio Revised Code Title XLVII. Occupations Professions § 4727.06

(A) No pawnbroker shall charge, receive, or demand interest for any loan in excess of six per cent per month or fraction of a month on the unpaid principal. Interest shall be computed on a monthly basis on the amount of the principal remaining unpaid on the first day of the month and shall not be compounded.

(B) In addition to the rate of interest limitation imposed pursuant to division (A) of this section, the licensee may charge no more than:

(C) A licensee who complies with the requirements or procedures of this state pursuant to the application of the “Brady Handgun Violence Protection Act,” 107 Stat. 1536 (1993), 18 U.S.C.A. 922, as amended, may charge any fee the licensee is required by law to pay in order to comply with such requirements or procedures. The licensee may charge no more than ten dollars for providing services in compliance with such requirements or procedures.

(D) A licensee may accept a portion of the outstanding principal loan balance at any time. A pledgor may redeem a pawn loan at any time after the pledge was made. A pledgor may not prepay interest or storage charges, other than the current month, except when the pledgor redeems the pledged property. Prepayment of interest and storage charges may not occur at the time the loan is originated.