Car Title Loans in Ohio

How Title Loans Work in Ohio

Ohio regulates consumer lending under the Ohio Consumer Installment Loan Act and the Ohio Mortgage Loan Act, depending on how the lender is structured. Title lending in Ohio is distinct from payday lending — title loans are secured by your vehicle rather than your paycheck. Rates and terms are set by the individual lender within applicable state law.

Following significant consumer lending reform under Ohio H.B. 123 (2018), lenders in Ohio often structure secured loan products as installment loans with longer repayment periods, which can result in more manageable monthly payments compared to traditional single-payment balloon loans. Review your full loan agreement before signing.

Title Loan Requirements in Ohio

• Ohio resident, at least 18 years old
• Vehicle title in your name with clear title (or significant equity)
• Valid Ohio ID or driver's license
• Proof of Ohio residence
• Proof of income or ability to repay
• Working phone number and email address

Ohio Regulatory Resources

For questions about consumer lending regulations in Ohio, contact the Ohio Division of Financial Institutions at (614) 728-8400 or visit com.ohio.gov/financial.

Learn more: How It Works | Title Loan FAQ