Title Loans in Lorain, Ohio

HOW DO ONLINE TITLE LOANS WORK IN LORAIN?

Online title loans in Lorain, work by allowing applicants to pledge their car title as collateral for funding. Title lenders will place a lien on the vehicle title after the loan is complete and remove it after the loan is completely paid off. Americans take 1.1 billion trips every day. There are over 8,283,546 drivers in the state of Ohio. One of the biggest advantages of a ChoiceCash title loan in Ohio is that eligible borrowers can keep driving their vehicles during the repayment process without an issue! You can conveniently begin a ChoiceCash title loan application online or over the phone in Lorain! There is no store visit required, and qualified borrowers could be approved for their money within the same business day as inquiring.¹

You can upload all of the necessary paperwork online, or text your documents directly to a title loan agent! That’s how simple online title loans can be – you don’t need to leave your home to apply for the cash you need.¹

Start your application for a ChoiceCash title loan in Lorain, by filling out the pre-approval form or calling 855-422-7402 to speak with a title loan agent.¹

WHAT ARE THE VEHICLE TITLE LOAN REQUIREMENTS IN LORAIN, OHIO?

The application process for a car title loan in Ohio can be hassle-free if you meet the initial requirements and submit the correct paperwork.¹

To qualify for a ChoiceCash title loan in Lorain, you must meet the following initial requirements:¹

• Be an Adult at Least 18 Years of Age
• Have a Title to a Qualifying Vehicle in Your Name
• Be Able to Demonstrate Proof of Your Ability to Repay the Loan

If your vehicle is not completely paid off yet, you may need to complete a payoff authorization form so that your new title loan lender can pay off your existing lender. Additionally, in Ohio, in order to complete the title loan process, you may need to complete an Ohio Bureau of Motor Vehicles Power of Attorney form, sign it in the presence of a notary public, and have the form notarized

WHAT DOCUMENTS DO YOU NEED FOR A TITLE LOAN IN LORAIN?

In addition to meeting the initial requirements, you must submit the required documents after your title loan application in Lorain is approved¹. This paperwork is used by title lenders to verify your information.

To ensure a smooth application process for a car title loan in Lorain, or surrounding areas like Canton and Youngstown, please gather the following documents for loan underwriting purposes:¹

Valid Government/State-Issued Identification

Proof of Address

Evidence of a Qualifying Vehicle Title in Your Name

Proof of Income or Alternative Income

Recent, Clear Photos of the Vehicle

Contact a ChoiceCash title loan agent by calling 855-422-7402 if you have questions about the application process for an online title loan!¹ Agents are standing by 6 days a week for extended hours to take your call.

WHAT DO I NEED TO APPLY FOR A TITLE LOAN IN LORAIN, OHIO?

You will need to meet the initial requirements and provide the required documents to get a title loan in Ohio. Additionally, you will need to have a car with positive equity. In most cases, newer models will qualify for higher loan amounts. But, you can still qualify for a car title loan with an older car.¹ The most common car that is used to apply for a ChoiceCash title loan in Ohio is the Ford Fusion.

CAN YOU APPLY FOR A TITLE LOAN WITH BAD CREDIT IN LORAIN

You don’t need a perfect credit score to apply for a title loan in Lorain!¹ Your credit history is still a factor that is considered during your title loan application, but it is not the focus. Title lenders are primarily interested in these two factors when determining your eligibility for a title loan:¹

• Your Ability to Repay the Loan
• The Equity of Your Car

Vehicle equity refers to the difference between the car’s market value and the amount that is owed on it. In order to qualify for a title loan and pledge your car title as collateral, your vehicle must have positive equity. Your car has positive equity if it is worth more than what you owe on it.

You can use ChoiceCash’s online calculator tool to learn more about the value of your car and obtain a loan quote, free of obligation!¹

HOW CAN I APPLY FOR A TITLE LOAN IN LORAIN, OHIO?

The application process for a title loan in Lorain, can be quick and hassle-free! As long as you meet the initial requirements and submit the correct paperwork, you could receive your funds in as little as 24 hours. Below is the three-step inquiry process for a ChoiceCash title loan in Lorain:¹

1. Click or Call

You can conveniently begin your application for a title loan in Lorain, by filling out the pre-approval form or calling 855-422-7402. No store visit is required to apply for a title loan! So if you’ve been searching for a way to access quick funding, a title loan could be the answer.¹

2. Submit the Necessary Documents

During the second step of the title loan application, a title loan agent will ask you to submit the necessary documents. You can conveniently upload this paperwork online. Or, just send the paperwork via email / text message.

3. Receive Your Quick Funding if You Qualify¹

The average title loan amount with ChoiceCash in Ohio is $2,917. If you qualify for a ChoiceCash title loan and sign your loan contract, there are a few convenient ways to collect your quick funding. You can choose between:

• Direct Deposit
• Have the Funds Added to Your Debit Card
• Receive a Check in the Mail
• Visit a Participating Money Transfer Location in Lorain

WHAT ARE THE ADVANTAGES OF A TITLE LOAN IN LORAIN?

If you qualify for a ChoiceCash title loan in Ohio, you can take advantage of some exclusive benefits:¹

1. FLEXIBLE APPROVAL¹

Since you will be using your car as collateral for an auto title loan, the approval process can be much more flexible and fast - even it your financial history isn't perfect!¹

2. POTENTIAL FOR MORE AVAILABLE FUNDING¹

With a title loan, you could potentially receive more funding than you may be able to get from a bank or from a traditional unsecured lender!

3. QUICK FUNDING¹

When you apply for an auto title loan with ChoiceCash, you may be approved for your money within the same business day as inquiring!¹

4. KEEP DRIVING YOUR VEHICLE

One of the best parts about inquiring about a car title loan is that qualified borrowers can continue driving their vehicles during the entire repayment process!

5. NO PREPAYMENT PENALTIES

There is no fee for paying off all or a part of your ChoiceCash title loan early! Save money by making extra payments or paying your loan in full ahead of schedule.

Begin the convenient online application for a ChoiceCash title loan today by filling out the pre-approval form or calling 855-422-7402 to speak directly with a title loan agent.¹

HOW CAN I PAY FOR MY TITLE LOAN IN PERSON

Pay back your car title loan in Lorain at any MoneyGram location in Ohio. MoneyGram is often located in convenient public stores such as Wal-Mart, Kroger, or CVS. Call 855-422-7402 to discuss your options with a loan expert, or see the map and location list below to see where your nearest MoneyGram is located: