Car Title Loans in Ohio2026 Guide
Ohio allows title loans with a 28% APR cap.
Legal Status & Regulations
Governing Law
Ohio Rev. Code § 1321.35
Last Reviewed: April 2026
Law Summary
The Short-Term Loan Act (Ohio Rev. Code § 1321.35) regulates title loans in Ohio. Interest rates are capped at 28% APR, and total fees are strictly limited. Loans must have a duration of at least 91 days and no more than one year, providing more time for repayment than traditional 30-day title loans. Ohio law also requires lenders to be licensed by the Division of Financial Institutions and provide clear disclosures, including the total cost of the loan and the APR. Furthermore, Ohio has strict rules regarding repossession, including a requirement for lenders to provide a notice of intent to sell the vehicle and allow the borrower to redeem it by paying the full balance due.
Real Rate Example in Ohio
A $1,500 loan in Ohio at a typical market rate of 28% APR APR over 30 days would result in approximately $150 in interest and fees. Always compare multiple offers to find the most competitive rate.
What Documents You Need
- A clear vehicle title in your name
- A valid government-issued ID (Driver's License)
- Proof of residency (Utility bill, etc.)
- Proof of income or ability to repay
- The vehicle itself for a quick inspection
Ready to Apply in Ohio?
Check your options in minutes with no credit check required.
Quick Info Card
Max Loan Amount
Varies
Max APR / Rate
28% APR
Loan Term Range
Varies
Governing Body
OH Division of Financial Institutions