Title Loans in Jewell, Ohio

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No title loan companies in Jewell, OH. Consider companies in other cities:

Company nameAddressZip codePhone number
First National Bank 1190 OH-303, Streetsboro, OH 44241 +1 (330) 626 - 9444
Check n Go 6212A Glenway Ave, Cincinnati, OH 45211 +1 (513) 662 - 0200
Lendmark Financial Services LLC 1617 Victor Rd NW, Lancaster, OH 43130 +1 (740) 653 - 8711
Huntington Bank 222 E Broadway, Granville, OH 43023 +1 (740) 587 - 3133
KeyBank 6666 N Ridge Rd, Madison, OH 44057 +1 (440) 721 - 6000
Peoples Bank 590 Main St, Jackson, OH 45640 +1 (740) 286 - 6773
U.S. Bank Branch 197 E Emmitt Ave, Waverly, OH 45690 +1 (740) 947 - 2183
Ohio Auto Loan Services, Inc. 1754 E US Hwy 36, Urbana, OH 43078 +1 (937) 508 - 2329
Huntington Bank 10409 Main St, New Middletown, OH 44442 +1 (330) 747 - 6689
U.S. Bank Branch 7537 County Rd 107, Proctorville, OH 45669 +1 (740) 886 - 5676

Title Loan Companies in Nearby Cities

If there are no title loan companies in Jewell, OH, you can try to find different companies in big cities nearby. Check out the following pages here: Car Title Loans in Mansfield, OH, Title Loans in Marion, OH, Car Title Loans in Mason, OH, Car Title Loans in Massillon, OH, Car Title Loans in Mentor, OH, Car Title Loans in Middletown, OH, Car Title Loans in Newark, OH and Car Title Loans in North Olmsted, OH. But also, you can apply for a loan online, not coming out of your home. Just fill out a simple application on our website and we will connect you with trusted direct lenders in Jewell, OH.

Title Loans in Jewell, Ohio: Everything You Need to Know

If you’re a resident of Jewell, Ohio, and in need of quick cash, a title loan could be an option to consider. Title loans are a popular and legal way to borrow money based on the value of your vehicle. In this article, we’ll cover everything you need to know about title loans in Jewell, Ohio.

What Are Title Loans?

A title loan is a short-term loan that uses your vehicle as collateral. The borrower hands over the title of their vehicle while they repay the loan. Once the loan is repaid, the borrower gets their title back. Title loans are often used by people with poor credit or those who require quick cash.

How Do Title Loans Work?

The amount of money you can borrow is based on the value of your vehicle. Lenders will evaluate the condition of your car and determine the loan amount. In Ohio, the maximum loan amount is $5,000.

The duration of a title loan in Ohio cannot exceed six months, and the annual percentage rate (APR) of a title loan in Ohio can be as high as 28%. Borrowers are required to make payments every 30 days, and if they fail to do so, the lender can repossess their vehicle.

Who Can Get a Title Loan?

Anyone who owns a vehicle can apply for a title loan in Ohio. Borrowers must be at least 18 years old and have a lien-free title on their vehicle.

Pros and Cons of Title Loans in Jewell, Ohio

  • Pros: Title loans are a quick and easy way to access cash, particularly if you have poor credit and are unable to obtain credit through traditional means. The requirements are minimal, and you can get your money on the same day you apply.
  • Cons: The interest rates on title loans are often high, and the loans must be repaid within a short period. Failure to repay the loan can result in the loss of your vehicle.

Interesting Facts about Title Loans in Jewell, Ohio

  • Ohio has one of the highest average interest rates for title loans in the US at 25%. However new law, that took effect on 27th October 2021, capped Title loan interest rates at 28%.
  • The average title loan amount in Ohio is $4,000.
  • In Ohio, title loan borrowers default on their loans around 25% of the time. If they do so, they can not get a new loan from any lender for 30 days.

Apply Now

If you’re considering a title loan, TheGuaranteedLoans can help connect you with a reputable lender in your area. Keep in mind that we are not a direct lender but a connector service. Our mission is to simplify the loan process and deliver great customer service. Apply now on our website and get connected with a potential lender today!

Conclusion

Title loans offer a quick way to access cash for those in need. However, they come with risks, so it’s essential to understand the terms and conditions before applying. We hope this article has provided you with valuable information to make an informed decision if a title loan is right for you.

Jewell, OH title loan calculator

Frequently Asked Questions About Car Title Loans in Jewell, Ohio

Can I get a title loan online in Jewell, Ohio?

Yes, some title loan lenders in Jewell, Ohio offer online applications and services. However, the borrower will typically still need to visit a physical location to provide their vehicle title and complete the loan process.

How do I apply for a title loan in Jewell, Ohio?

To apply for a title loan in Jewell, Ohio, borrowers can visit a title loan lender's physical location or apply online. The borrower will need to provide their vehicle title, proof of income, and identification to complete the application process.