That’s a great question, and the fact that you’re from Ohio does change things! In 2019, the Ohio government’s Short-Term Loan Act made title loans—the practice of signing over the title of your vehicle for a small amount of cash—illegal throughout the state in an effort to limit the predatory lending practices of title loan businesses. Many of these businesses had been charging rates as high as 600% annually. As a result, title loans are no longer an option for Ohio residents.
You still have other options to get quick cash. Here are a couple:
Best of luck with figuring this out—you’ve got this!