Know Before You Borrow in Ohio
- Interest rate cap: 25% per year
- Loan range: $2,500 to $15,000 (typical; no state maximum)
- Repayment term: Minimum 6 months; no maximum; fixed monthly installments
- Regulated by: Ohio Department of Commerce – Division of Financial Institutions (DFI)
For complete Ohio title loan regulations and consumer protections, visit our full Ohio guide.
Quick Answers About Title Loans in Cleveland
How Do I Find the Title Loan Office at 1250 E 108th St?
We’re located in Cleveland, near Cleveland Institute of Music and Progress With Chess, with ELS Language Centers – Cleveland also nearby. Look for us at 1250 E 108th St.
What happens if I pay off my title loan before the due date in Cleveland?
No prepayment penalty applies to Ohio title loans under CILA. You are not penalized for paying ahead of schedule. The sooner you pay off the balance, the less total interest you pay.
How much can I borrow?
Title loans typically offer 25% to 50% of your vehicle’s value. Ohio does not set a maximum loan amount. Most borrowers in Cleveland receive between $1,000 and $10,000 depending on vehicle value and income.
