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
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 19411 Nottingham Rd.
For most Cleveland applicants, starting online is the faster and more convenient option. You can upload your title, income documents, and vehicle photos and get a decision without scheduling a visit. Phone assistance is available if you have questions during the process.
Missing a payment can lead to losing your car, since your vehicle is used as collateral. Under Ohio law, if a payment is more than 10 days late, the lender may charge a late fee of 5% of the missed payment or 0, whichever is greater. If you stop paying, the lender may repossess your vehicle under ORC § 1309.609. You generally have 20 days from repossession (or 15 days from the lender’s notice) to pay the balance and reclaim your car. If you anticipate trouble making a payment, contact your lender before the due date. Most lenders prefer to find a workable solution rather than proceed to default.
