Title Loans in Ohio

Are Title Loans Allowed in Ohio?

Yes, you are allowed to apply for car title loans in Ohio! A title loan is a secured loan option that can allow a qualified applicant to use their Ohio vehicle title as collateral for emergency funding. Title loans are designed to provide financial relief to eligible residents of the Buckeye State who need emergency money and may be unable to qualify for many traditional loan options.^{1 3}

Since you are required to use your vehicle’s title as collateral for funding, a car title loan can be much more flexible than an unsecured loan. Whether you live in Columbus, Cleveland, Cincinnati or another city or town in the state of Ohio, if you need fast money and own a car or truck, you can apply for an auto title loan online from the comfort of your home! Start your application for a title loan serviced by LoanMart by completing the short online application or calling 855-422-7412 to speak to a title loan agent. If you’re eligible for a pink slip loan, you could obtain emergency cash in as little as 24 hours!^{1 3}

How Do Title Loans Work in Ohio?

Online title loans in Ohio work by allowing you to access a portion of your car’s current value and turn it into the fast cash you need.^{1 3} An Ohio-issued car title is required to get loan approval since you will need to pledge it as collateral for the loan. It must be in your name at the time of application. Additionally, your vehicle must have a decent amount of equity to qualify as collateral for a title loan.^{1 3}

If your car or truck has enough equity and you meet the lender’s requirements for an Ohio car title loan, you could potentially access anywhere from 25% to 50% of your vehicle’s overall value.¹ With title loans serviced by LoanMart, that could be up to $15,000!¹

Although you may see the terms “title loan” and “title pawn” used interchangeably, they are different. With a title loan, you can conveniently drive your vehicle during the repayment process. If you decide to apply for a title pawn loan in Ohio with a pawnbroker, they might keep your vehicle in their storage yard until your loan is completely paid off.

Looking for instant online title loans in Ohio? Although it’s challenging to obtain online title loans with instant approval in Ohio, you can conveniently apply online and find out if you qualify for instant pre-approval today!^{1 3} Click here or dial 855-422-7412 to apply for a title loan serviced by LoanMart in Ohio today!¹

What are the Auto Title Loan Requirements in Ohio?

Qualifying for an unsecured loan can be difficult if you don’t have a strong credit history. However, car title loans in Ohio can be flexible, and the application process is straightforward.

Ohio has specific laws in place to ensure lenders operate fairly and transparently within the state. However, title loan laws in Ohio can also apply to applicants, meaning that a prospective borrower must be at least 18 years old to apply for a title loan. A loan is an important decision, so you must be of legal age to handle such a big financial commitment.

Besides being of legal age, you will need to meet the following title loan requirements in Ohio to obtain the funds you need for unexpected expenses:¹

• Have an OH-issued Vehicle Title in Your Name
• Possess a Qualifying Car or Truck with Enough Equity
• Be Able to Provide Proof of Income or Alternative Income

The reason that lenders ask for proof of income is that they like to confirm that you have room in your monthly budget to afford the anticipated title loan payment. However, you don’t need a 9-5 job to apply for an Ohio auto title loan! If you don’t receive regular pay stubs from an employer, you can provide evidence of other types of income during your application. If you can demonstrate your ability to handle monthly title loan payments and meet the other initial requirements, you can qualify for an Ohio title loan online today!¹

In addition to meeting the qualifications, there are a few required documents you will need to have on hand in order to verify your application information. Here is a list of the paperwork you will need to submit:¹

• Your Car’s Title
• Proof of Ohio Address and Income
• Valid, Government-Issued Photo Identification Card
• Recent Photos of Your Vehicle
• Some References May Be Required

If you’re applying for a car title loan in Ohio, you may also need to complete an Ohio Bureau of Motor Vehicles Power of Attorney form, sign it in the presence of a notary public, and have the form notarized. If you have any questions about this document or any part of the application process, a title loan agent from LoanMart will be happy to assist you.

With LoanMart, you can conveniently upload your documents online! Or, you can take advantage of the other submission options and send in your paperwork via email or text message.

If you’re dealing with a tough financial situation, like the rising rental prices in Ohio, don’t hesitate to apply for the money you need through a car title loan serviced by LoanMart. Eligible applicants could receive quick funding in as little as one business day!^{1 3}

Can You Get Car Title Loans with Bad Credit in Ohio?

Yes, getting title loans with bad credit in Ohio is possible! The value of your car and your income are the main factors that will determine how much you can qualify for. Therefore, your credit history or credit score isn’t the primary factor that a title lender will review during your loan inquiry. So, even if you have a bad credit history, you could still qualify for an Ohio title loan and access the funds you need for a financial emergency!^{1 3}

However, it’s worth mentioning that most lenders will verify your financial history during the loan application process. A credit check is an essential part of a title loan application, so finding car title loans with no credit check in Ohio will be difficult, if not impossible.

Financial difficulties can arise for a variety of reasons and negatively affect your credit score. Fortunately, with an online title loan in Ohio, your credit history is your past, but it may not stop you from applying for a loan in the future! You don’t need to avoid a loan option that requires a credit check just because you are not confident with your credit history. You could still qualify for an auto title loan in Ohio, even if you don’t have a perfect credit score!¹ Apply online or call LoanMart at 855-422-7412 to apply for a title loan with bad credit in Ohio.^{1 3}

How Can I Apply for Online Title Loans with No Inspection in Ohio?

Obtaining online title loans with no inspection is likely not possible because title lenders normally use a comprehensive car inspection to determine the current condition of a vehicle and its overall value. You may be dreading the thought of scheduling an inspection and driving to a loan store in order to complete it.

However, one of the many advantages of applying for a car title loan serviced by LoanMart in Ohio is that a physical inspection isn’t required during the application process. All you have to do is take clear pictures of your vehicle and upload them online so a LoanMart title loan agent can review them.

When you are ready to snap your photos, park your car in a brightly lit area that is free of any background distractions, such as your driveway. Make sure to take pictures of the following:

• The Front, Rear, and Sides of the Vehicle
• Your Vehicle’s Odometer Reading
• The Vehicle Identification Number (VIN)

Review your photos carefully before submitting them. You can use your smartphone to upload them online or email or text your images and documents directly to a LoanMart title loan agent. Applying for title loans in Ohio can be convenient and simple!¹

Dial 855-422-7412 if you have questions about online car inspections or applying for online title loans in Ohio!¹

Where Can I Find Title Loans Online with No Store Visit in Ohio?

Are you searching for the simplest way to apply for car title loans online with no store visit in Ohio? By applying online here, you can avoid the hassle of finding a title loan store nearby. Simply use your smartphone or computer to begin your application, and if you qualify, you could receive your title loan proceeds in as little as 24 hours!^{1 3}

Call 855-422-7412 or apply here to see if you qualify for the funds you need to handle a financial emergency! Visit the FAQ page if you have any questions about applying for online car title loans in Ohio.

How You Can Repay Your Ohio Title Loan Serviced by LoanMart

When you’re in need of a quick loan to get you through a tough financial situation, how you can pay it back might not be top of mind. Nevertheless, title loans serviced by LoanMart provide flexibility and convenience when it comes to making your monthly payment. You can set up recurring, automatic payments with your bank account or debit card online, call a customer service representative to process a payment, and even pay with cash at participating money transfer providers.

One of the participating money transfer providers is MoneyGram. As the below map shows, there are several MoneyGram locations throughout the entire state of Ohio. Whether you’re repaying your title loan in Toledo, Akron, Dayton or in a smaller city or town, there’s likely one not too far away from you!

Demographic and Financial Statistics for Ohio

The below table provides some of the key income, loan and financial statistics for Ohio which are intended to give you a better understanding of how your financial circumstances compare to other Ohio residents. With this information in hand, we hope you gain a better idea of your financial options so you can decide if completing a title loan application is the right decision for you:

What Places in Ohio Can I Get a Title Loan Serviced By LoanMart?