Title Loan Activity in the 44102 Area
3
Loans Funded
$3,040
Average Loan Amount
2015
Average Vehicle Year
Recent Loans Near 5004 Detroit Ave
| Year | Make | Model | Miles | Funded Amount |
|---|---|---|---|---|
| 2015 | Ford | F150 | 150,000 | $4,611 |
| 2015 | Mazda | CX-5 | 80,000 | $2,000 |
| 2016 | Kia | Sorento | 37,000 | $2,510 |
Actual loan amounts vary based on vehicle condition, mileage, and state regulations.
Most Common Vehicles
Ford ($4,611 avg), Kia ($2,510 avg), Mazda ($2,000 avg)
Know Before You Borrow in Ohio
- Interest rate cap: 25% per year
- Loan range: $2,500 to $15,000 (typical; no state maximum)
- Repayment term: Minimum 6 months; no maximum; fixed monthly installments
- Regulated by: Ohio Department of Commerce – Division of Financial Institutions (DFI)
For complete Ohio title loan regulations and consumer protections, visit our full Ohio guide.
Quick Answers About Title Loans in Cleveland
Yes. Vehicles with high mileage regularly qualify. Near 44102, a 2015 Ford F150 with 150,000 miles on it was approved for $4,611. The average mileage among borrowers in this area is 89,000 miles.
Yes. Trucks and SUVs often qualify for higher loan amounts due to their value. Near 44102, a 2015 Ford F150 with 150,000 miles was approved for $4,611. Bring your truck or SUV title to get a free estimate.
You can use title loan funds for any purpose. Common uses include covering emergency medical expenses, catching up on rent or utilities, or handling unexpected repairs. Title loans are an expensive form of credit, so they work best as a last resort for genuine emergencies rather than for regular or planned expenses.
Yes, car title loans are legal in Ohio. They are regulated under the Consumer Installment Loan Act (CILA), ORC §§ 1321.62 to 1321.702. Lenders must be licensed by the Ohio Department of Commerce, Division of Financial Institutions (DFI) and are subject to a 25% APR cap and other consumer protection rules under state law.
