Can You Get Car Title Loans in Columbus, Ohio?

With many Americans living paycheck to paycheck and over 18% of the population of Columbus living in poverty, it’s no surprise that some residents of Ohio are seeking emergency cash assistance through title loans. If you are considering applying for this vehicle-secured loan option, you might wonder if title loans are allowed in Ohio. Applying for title loans in Ohio is possible – as is the case with any loan, you must meet the preliminary requirements and provide specific documentation to obtain credit approval!1

Although the exact application criteria for an Ohio title loan can vary depending on the lender you decide to work with, typically, the initial title loan requirements in Columbus, Ohio, are the following:1

  • Be of Legal Age to Apply for a Columbus Title Loan
  • Have a Title to a Qualifying Car, Truck, or SUV in Your Name
  • Be Able to Provide Sufficient Evidence of Your Ability to Make Title Loan Payments

You do not need a job to apply for a title loan in Ohio, but you must have proof of your ability to repay the loan. Additionally, title loans are secured loans, so your vehicle title is one of the most important documents you will need to have on hand during your application. If you are approved for a Columbus title loan, you have the opportunity to borrow against the market value of your car.1

In addition to needing a car title in your name and proof of your ability to repay the loan, you’ll be required to have a few other pieces of paperwork on hand during your application for a title loan serviced by LoanMart:1

  • Clear and Recent Photographs of Your Vehicle 
  • An Ohio Driver’s License, U.S. Passport, or Another Government-Issued ID Card to Prove Your Identity and Age
  • Recent Utility Bills, Bank Statements, Mortgage Statements, or Credit Card Offers to Prove Your Current Address in Columbus

When applying for a title loan serviced by LoanMart, you will be able to send all of your documents over to a title loan officer via email or text message. Additionally, if it’s more convenient, you can easily upload your required paperwork online with no hassle!1

Since car title loans are secured by the title to your vehicle, the application process is more flexible in comparison to unsecured loans. Still, you must meet the initial requirements to get approved for the fast money you need to get back on your feet. If you have any questions about how to pledge your car title as collateral for an online title loan in Columbus, Ohio, feel free to visit the FAQ page or dial 855-422-7412 to speak directly to a LoanMart title loan officer!1

How Much Can I Get for Title Loans Near Me in Columbus, Ohio?

If your financial situation is similar to the average Columbus household, you may face outstanding debt obligations of around 125% of your annual income, making it tough to qualify for unsecured personal loans and other types of credit. While unsecured loans may be out of your reach, secured loan options could offer you a better chance of qualifying, even if you have large outstanding debts compared to your income. Whether you are a resident of Dayton, Toledo, Columbus, Canton, or another city in the metropolitan area of Ohio, applying for a title loan can be convenient and straightforward.1

Before you apply for a vehicle-secured loan near you, you may want to know more about how much money you can obtain through this loan option. The amount that you can get through title loans in Columbus, Ohio, directly relates to a few key factors:1

  • The Value of Your Vehicle
  • Your Income

During your application for a Columbus title loan, a title lender will primarily consider your income and the value of your vehicle when determining your eligibility and loan amount. If you are approved for a title loan, you can usually access anywhere from 25%-50% of your vehicle’s total value!1

The simplest way to learn more about the amount of money you can get through a Columbus title loan is to use LoanMart’s online application.1

When filling out the online form, you will be prompted to answer questions about your vehicle’s make, model, style, and current mileage listed on the odometer. After using the online title loan calculator, you can get a loan quote without any obligation!1

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What Do I Need to Get Bad Credit Title Loans in Columbus, Ohio?

If you are searching for bad credit title loans in Columbus, you may be relieved to find out that you don’t have to look any further than LoanMart! With LoanMart, an applicant does not need to have a perfect credit history in order to obtain loan approval. Borrowers from all different kinds of credit backgrounds can apply for funding and access the emergency cash they need.1

While getting title loans with bad credit in Columbus is possible, you will still need to have the necessary documentation on hand during your application and meet the lender’s application criteria. Additionally, you typically must undergo a credit check so a title lender can review your credit report and assess your ability to handle a new debt obligation.1

Typically, you won’t be able to find a lender who offers no credit check title loans in Columbus. Many reputable lenders need the opportunity to review your financial history through a credit check. However, you don’t need to avoid a title loan that requires a credit check simply because you are insecure about your credit history! Getting approved for a title loan with less than stellar credit is possible as long as you can meet the initial requirements and submit the right paperwork.1 For example, since you must have a valid ID card, and if your current driver’s license is expired, you will need to have another qualifying document in order to proceed with your application. 

Learn more about applying for bad credit title loans serviced by LoanMart today by calling 855-422-7412. Title loan agents are available six days a week to take your call, answer your questions, and walk you through your loan request!1

How Can I Get Title Loans With Instant Approval in Columbus, Ohio?

Getting title loans with instant approval or instant online title loans in Columbus, Ohio, is downright impossible. This is largely due to how the application process works and all the steps that it entails! While the application process is short and can be streamlined to help borrowers facing financial emergencies, it isn’t designed to be instantaneous. 

A few different steps prevent your application from being approved instantaneously:1

  1. A Credit Check
  2. Vehicle Examination
  3. Document Verification

A real person will review your paperwork during your loan application, and while title loan agents are trained to be efficient, that process doesn’t happen instantaneously. Additionally, similar to credit checks and document verification, a vehicle examination is an integral part of a title loan application. Vehicle examinations will allow title lenders to determine the total market value of the vehicle you intend to use as collateral for the loan. Getting title loans with no inspection in Columbus is simply out of the question. Without an inspection, there is no way for them to review the current condition and value of your car.

However, as mentioned above, you will be required to supply a few different pictures of your vehicle during your application for an online title loan serviced by LoanMart in Columbus. Submitting clear pictures of your vehicle’s interior, exterior, VIN (Vehicle Identification Number), and odometer reading will allow you to complete a virtual inspection instead of a physical one! 

Accessing a virtual vehicle examination is one of the many benefits that come with applying for title loans with no store visit in Columbus, Ohio.1

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Where Can I Get Title Loans with No Store Visit in Columbus, Ohio?

If you are like most Americans, you appreciate the opportunity to handle your errands online. So why not apply for an online title loan in Columbus? Here’s a closer look at the application process for an online title loan serviced by LoanMart in Ohio:1

  1. Apply Online or Over the Phone: Get started today by filling out a quick prequalification form online and instantly find out if you are pre-approved for a title loan serviced by LoanMart! Or, if you prefer to speak with a title loan officer over the phone, simply call 855-422-7412 to get started.1 3
  2. Submit the Required Documents to Verify Your Information: If you are initially approved for a Columbus title loan, then you will be asked to provide a few documents mentioned above. You may be required to submit additional documentation to continue the application process as a resident of Ohio, like a  completed Ohio Bureau of Motor Vehicles Power of Attorney form. Once this form is completed, you must sign it in the presence of a notary public and have the form notarized. You can discuss this step with your title loan agent during your loan request!
  3. Access Your Funds: Getting title loans with direct deposit in Columbus is possible with LoanMart! Upon final approval, choose direct deposit to receive your funds in your bank account in as little as one business day.1 3

Don’t wait to find out if you are eligible for emergency cash! Fill out the online prequalification form today and discover if you can access fast funding to handle unexpected expenses.1 3