Title Loans in Mount Saint Joseph, Ohio

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No title loan companies in Mount Saint Joseph, OH. Consider companies in other cities:

Company nameAddressZip codePhone number
LCNB National Bank 110 W Main St, Eaton, OH 45320 +1 (937) 456 - 5544
Valley One Community FCU 2990 Johnson Rd, Steubenville, OH 43952 +1 (740) 264 - 1402
Fifth Third Bank & ATM 1311 Bellefontaine St, Wapakoneta, OH 45895 +1 (419) 738 - 9617
First Commonwealth Bank 2704 Lincoln Way E, Massillon, OH 44646 +1 (330) 481 - 2160
Western Ohio Title Agency 100 S Main Ave 300, Sidney, OH 45365 +1 (937) 492 - 1271
First Choice Financial 1098 N High St, Hillsboro, OH 45133 +1 (937) 393 - 5000
ACE Cash Express 19 S Sandusky St, Delaware, OH 43015 +1 (740) 362 - 0608
CheckSmart 2000 S Limestone St, Springfield, OH 45505 +1 (937) 324 - 9111
Park National Bank: Centerburg Office 35 W Main St, Centerburg, OH 43011 +1 (740) 625 - 6136
Fifth Third Bank & ATM 4400 Liberty Ave, Vermilion, OH 44089 +1 (440) 967 - 6141

Title Loan Companies in Nearby Cities

If there are no title loan companies in Mount Saint Joseph, OH, you can try to find different companies in big cities nearby. Check out the following pages here: Title Loans in West Chester, OH, Car Title Loans in Westerville, OH, Car Title Loans in Westlake, OH, Title Loans in Youngstown, OH, Car Title Loans in Akron, OH, Car Title Loans in Bowling Green, OH, Title Loans in Brunswick, OH and Title Loans in Canton, 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 Mount Saint Joseph, OH.

Title Loans in Mount Saint Joseph, Ohio: A Complete Guide

Are you in a difficult financial situation and looking for a way out? If you own a car, getting a title loan could be an option to consider. Title loans are a popular and legal form of lending in Ohio, where you can use your car’s title as collateral to borrow money. In this article, we’ll explore the ins and outs of title loans in Mount Saint Joseph, Ohio.

What are Title Loans?

Title loans, also known as auto title loans or pink slip loans, are short-term loans that borrowers can receive by using the title of their vehicle as collateral. The amount you can borrow is determined by the value of your vehicle, and in Mount Saint Joseph, Ohio, you can borrow up to $5,000 or 50% of your car’s value, whichever is less.

How do Title Loans Work?

To get a title loan, you must own your car outright and have a clear title. This means that you have no outstanding loans or judgments against your vehicle. You will also need to provide proof of income and residency and be at least 18 years old.

Once you’ve met these requirements, you can apply for a title loan either in person or online through a connector service like TheGuaranteedLoans. If your application is approved, you’ll receive the funds in cash or deposited into your bank account.

What are the Benefits of Title Loans?

Title loans can be a helpful financial option for those who need cash quickly. The application process is typically fast and easy, and you can often receive your funds the same day. You can also keep driving your car during the loan term.

What are the Risks of Title Loans?

Title loans come with high-interest rates and fees, and if you’re unable to repay the loan on time, you risk losing your car. Make sure you understand the terms and conditions of the loan before you agree to it, and have a plan to repay the funds on time.

The Laws and Regulations of Title Loans in Mount Saint Joseph, Ohio

Ohio state law regulates title loans, and lenders must be licensed to operate in the state. Interest rates are capped at 30% per year, and lenders are required to disclose all fees and charges upfront.

Interesting Facts and Statistics about Title Loans in Mount Saint Joseph, Ohio

– In Ohio, the average borrower takes out a title loan for $3,000.
– The average interest rate for a title loan in Ohio is 25%, with APRs ranging from 28% to 300%.
– According to the Ohio Department of Commerce, there were 35 licensed title lenders in the state as of 2020.

Apply Now with TheGuaranteedLoans

If you’re interested in a title loan in Mount Saint Joseph, Ohio, consider applying through a connector service like TheGuaranteedLoans. We can connect you with potential lenders and help you find the best terms and rates for your needs. Remember, we are not a direct lender, but a connector service that can help facilitate your loan application.

In conclusion, title loans can be a helpful option for those in need of quick cash, but they come with risks and high costs. Make sure you understand the terms and regulations of title loans in Ohio before applying, and have a plan to repay the loan on time.

Mount Saint Joseph, OH title loan calculator

Frequently Asked Questions About Car Title Loans in Mount Saint Joseph, Ohio

How do title loans in Mount Saint Joseph, Ohio work?

Title loans in Mount Saint Joseph, Ohio work similarly to title loans in other states. The borrower must provide their vehicle title and other necessary documents, such as proof of income and identification, to the lender. The lender will then evaluate the borrower's information and the value of their vehicle to determine the loan amount and terms. The borrower will then sign a contract agreeing to the loan terms and will receive the loan funds.

Are title loans legal in Mount Saint Joseph, Ohio?

Yes, title loans are legal in Mount Saint Joseph, Ohio. The Ohio Finance Code regulates the title loan industry in the state, including requirements for lenders and the maximum loan amounts and interest rates that can be charged.