Are Car Title Loans Allowed In Ohio?

Daniel Joelson

Daniel Joelson

Total Posts: 336

Published Date: June 22, 2024

Daniel Joelson has been in the consumer finance space since 1994, he has helped to develop underwriting manuals for the financial sector. With a vast amount of Knowledge in consumer finance, he has been writing articles for all types of loans. With his knowledge, he is able to help many people to answer different financial problems.

If you find yourself in need of quick cash in Ohio, you might be considering a car title loan. But are car title loans allowed in Ohio? Let us explore the regulations, requirements, benefits, and risks associated with car title loans in the Buckeye State, with TFC Title Loans as your trusted broker.

What are Ohio Car Title Loans?

Title loans in Ohio offer a way to access cash by using your vehicle as collateral. They can be appealing for Ohio residents facing financial emergencies due to their quick approval process, but they come with significant considerations.

Are Car Title Loans Legal in Ohio?

No, car title loans are not allowed in Ohio. The state’s regulations prohibit lenders from offering title loans, aiming to protect consumers from high-interest rates and predatory lending practices. While this limits immediate access to cash through title loans, it ensures that Ohioans are not subjected to exorbitant interest rates that can lead to financial hardship.

Benefits and Risks of  Ohio Title Loans


  • Quick Access to Funds: If allowed, car title loans provide fast cash without stringent credit checks.
  • Flexible Eligibility: They can be accessible even with bad credit or no credit history.
  • Use of Vehicle: You can continue driving your car while repaying the loan.


  • High Interest Rates: In states where legal, interest rates can be extremely high, leading to expensive loans.
  • Risk of Repossession: Defaulting on payments can result in losing your vehicle, it is important to know your rights when your vehicle is repossessed.

Alternatives to Car Title Loans in Ohio

Given that car title loans are not permitted in Ohio, residents have several alternatives to consider:

  • Personal Loans: Personal loans offered by banks or credit unions, often with lower interest rates.
  • Payday Loans: Short-term loans with high fees, to be used cautiously.
  • Borrowing from Family or Friends: A low or no-cost option if feasible.
  • Government Assistance Programs: Available for those in need of financial support.

Expert Insights

According to Daniel Joelson, a Consumer Finance Expert, “Ohio’s regulations protect consumers from the pitfalls of car title loans. Exploring alternative financial options ensures individuals make informed choices aligned with their long-term financial health.”

FAQs About Car Title Loans in Ohio

Q: Can I get a car title loan in Ohio? A: No, car title loans are prohibited in Ohio by state law to safeguard residents from predatory lending practices.

Q: Why are car title loans not allowed in Ohio? A: Ohio’s regulations aim to prevent high-interest loans that can lead to debt cycles, prioritizing consumer protection.

Getting Legal Title Loans in Ohio

While online car title loans are not permitted in Ohio, understanding their risks and exploring alternative options is crucial for making sound financial decisions.

Whether you are facing a financial emergency or seeking funds for other purposes, exploring legal and affordable alternatives ensures you manage your finances responsibly.

For more information on financial solutions tailored to your needs in Ohio, TFC Title Loans is here to assist. Contact us today to explore alternative options and find the best path forward for your financial well-being.

Need Cash Now? Get Approved In Minutes!

How Much Cash Can i Get?

DISCLAIMER: As our policy to make sure you know what we do and what are our limitations, we offer you these disclaimers. We are NOT A LENDER and we do not make short term cash loans or credit decisions. We are a referral service and work only with licensed lenders/brokers.

We may act as the broker for the loan and may not be the direct lender. Loan proceeds are intended primarily for personal, family and household purposes. We do not offer or service student loans.

*Loan amounts by the lenders vary based on your vehicle and your ability to repay the loan.

*Since we do not lend money directly we cannot offer you a solicitation for a loan, except in the state of California. In all other serviced states we WILL match you with a lender based on the information you provide on this website. We will not charge you for this service and our service is not available in all states. States that are serviced by this Web Site may change from time to time and without notice. Personal Unsecured Loans and Auto Title Loans are not available in all states and all areas.

*Auto Title Loan companies typically do not have pre-payment penalties, but we cannot guarantee that every lender meets this standard. Small Business Loans typically do have pre-payment penalties and occasionally will use your car as collateral to secure the loan.

*All lenders are responsible for their own interest rates and payment terms. TFC Title Loans has no control over these rates or payments. Use of the work competitive or reasonable does not mean affordable and borrowers should use their own discretion when working directly with the lender.

*The amount of people who applied for a loan and we helped and those who received a loan is not the same. We cannot guarantee we will find a lender who will fund you.Just because you give us information on this web site, in no way do we guarantee you will be approved for a car title loan or any other type of loan. Not all lenders can provide loan amounts you may see on this web site because loan amounts are limited by state law and/or the lender. Some lenders may require you to use a GPS locator device on your car, active all the time. They may or may not pay for this or charge you for this. This is up to the lender and we have no control over this policy of the lender. Typically larger loans or higher risk loans use a GPS.

*In some circumstances faxing may be required. Use of your cell phone to receive updates is optional.

*Car Title Loans are expensive and you may have other ways to get funding that is less expensive. These types of loans are meant to provide you with short term financing to solve immediate cash needs and should not be considered a long term solution. Residents of some states may not be eligible for a loan. Rejections for loans are not disclosed to our firm and you may want to contact the lender directly.

*Car Title Loan lenders are usually licensed by the State in which you reside. You should consult directly with these regulatory agencies to make sure your lender is licensed and in compliance. These agencies are there to protect you and we advise making sure any lender you receive money from is fully licensed.

*Trading Financial Credit, LLC dba TFC Title Loans, Car Title Loans California, Dineromax. If you are using a screen reader and are having problems using this website, please give us a call at 1-844-242-3543 for immediate assistance.

Skip to content