If you are a first time Auto Title Loan borrower, you will probably have basic questions such as what exactly is an Auto Title Loan, how can LoanMart help you, and so on. This section will answer most of those questions.
Now that you have determined an Auto Title Loan is the solution to all your problems, do you want to know the requirements for getting approved for one? The following section has answers to some of the most common requirements related questions.
If you add a co-borrower to your application, they will also be required to complete an application and provide some basic documents such as: a valid driver’s license, proof of residence and proof of income.
The laws in each state are different; Utah and Illinois have a minimum loan requirement of $1,500, whereas for California, it is $2,510. The minimum loan amount in Arizona, Missouri and New Mexico is $750.
The maximum amount you can borrow depends on the value of your car, and your ability to repay the loan. However, some states govern the maximum loan amount. For example, the state of Illinois mandates that the maximum Title Loan amount not exceed $4000.
How long does it take, where do I start, you are probably wondering all this. This section tries to answer some of the most common questions about our application process.
If you have a smartphone, you can use the LoanMart Mobile App to apply.
You may also download our credit application from DocuSign, which you can fax to our secured fax line number 1-818-285-2410. Simply follow the instructions below:
If you are applying for an individual credit application, please click here.
If your loan requires a co-borrower, please click here.
Are you approved for an Auto Title Loan? Congratulations! We at LoanMart will strive hard to make sure your experience with us is as pleasant as possible. In this section you will find answers to some of the most common questions about what comes next.
It is important to us that our customers make informed financial decisions. Education is one of our three core mission statements - we want our customers to make the choices that fit their family and life. In an effort to educate all LoanMart customers, we are happy to answer any questions you might have!