Are you living in or around August, South Carolina and in need of some emergency money? There are a number of ways you can get funds on short notice. One option is taking out a title loan. Title loans have several advantages over other ways to get emergency money:
- No lengthy application process – you may be able to get your money in as little as one business day3
- Competitive loan terms – Because title loans are secured, you are often able to get access to more money, at a better interest rate, for a longer repayment period
- Bad credit isn’t a big problem – Lenders are generally more interested in the value of your car and your ability to repay your loan than with credit score.
Now that you know some of the advantages of a title loan over other ways to get emergency money, you need to learn how title loans function if you are in August, South Carolina.
What do I need to get a Title Loan in Augusta from LoanMart?
You can apply for a title loan with only a few pieces of documentation:
- Qualifying title for the vehicle
- Government-Issued Photo I.D. (Driver’s License, State I.D., Passport, etc.)
- Photos of the front, back, and sides of vehicle
- Proof of Income
- Proof of Residence (Certain pieces of mail)
What is considered proof of income for a Title Loan from LoanMart?
Some people think that the only way they can show proof of income for a title loan is with a paystub. But that is only one of the more common ways. There are a number of other ways to show that you can pay for your title loans. For example:
- Social Security
- Workers’ Compensation
- Settlement/Court-Ordered Award
How much can I get for my Title Loan in South Carolina?
This varies based on a number of factors:
- Value of your vehicle
- Loan Terms
The minimum loan amount from LoanMart in South Carolina is $1,100. The value of your car determines the maximum amount you can potentially borrow. But your ability to repay your loan will help determine the amount your lender may give you.
How do I get a copy of my vehicle’s title?
A local Department of Motor Vehicles (“DMV”) might be able to help you get a copy of your vehicle’s title. Some of them may even be able to provide you with an expedited title. Under certain conditions, LoanMart may be able to provide you with the location of your nearest DMV, or even assist you directly with you expedited title. If you add LoanMart as lienholder at that time, you may be able to reduce your wait time for your loan.
How much does interest cost for a Title Loan in Augusta?
LoanMart can charge a maximum APR of 209% in South Carolina for a title loan.
Are there any costs other than the interest for a Title Loan?
LoanMart does not charge you anything for applying for a title loan. However, there may be other fees and charges associated with your loan. Your lender should make you aware of any costs associated with the loan before you sign the final paperwork.
How long do I have to pay my Title Loan back?
LoanMart offers loan terms ranging from 12-48 months What happens if I fail to pay my Title Loan?
If you ever find yourself unable to pay your title loan back in the agreed-upon timeframe, it’s important to speak with your lender as soon as possible. LoanMart will try to work with you to come up with a solution to work with your financial situation.
If you miss a payment on your title loan LoanMart will send you a right to cure notice stating the amount of time you have to pay the balance of your loan before the repossession process may begin. This is one of the reasons it’s so important to tell LoanMart if you are having trouble making payments. They would prefer not to repossess your car.
How to get a Title Loan with LoanMart
Now that you know what you can do to get emergency money in Augusta, you can see that title loans are a fast, efficient way to get emergency funds when you need them1. LoanMart uses a streamlined application process that means you may be able to receive your money within 24 hours3. Use your car with a clear-and-free title in your name to potentially qualify for a title loan of up to $50,0001.
With our easy process, we give you three ways to contact us that make it convenient for you:
- Visit a participating location
- Call us at 1-844-237-5530
- Sign up online without leaving your home
Once you’ve figured out the best way for you to get in touch, all you have to do is follow these steps to get the money you need:
- Fill out the registration form
- Submit your important documents to your LoanMart representative
- Sign your LoanMart agreement1
- Collect your funds1!
If you need emergency money, even $1,100, in Augusta, South Carolina, you may want to consider a title loan from LoanMart. We may be able to help you pay your unexpected bill and get your budget back on track1.