What is a Title Loan?
A title loan in Kissimmee is a personal loan that’s secured by the borrower’s vehicle. Auto title loans are intended to provide access to funds quickly and with flexible approval requirements, making this loan option a popular choice for applicants who are facing an urgent or unexpected expense.1
The way a Kissimmee car title loan works is easy; if you are approved to obtain funding by borrowing against your vehicle online, you’ll send in your vehicle title in exchange for the loan funds. While the loan is active, the lender places a lien against your vehicle’s title, but you can keep driving your car or truck while making on-time payments. Once the loan is repaid, the lien holder is removed from the borrower’s title.
Frequently Asked Questions about Title Loans in Kissimmee
- Is good credit required to qualify? – No. Kissimmee residents who own a paid-off or nearly paid-off vehicle may qualify for funding with bad credit in prior credit issues.1 Even a previous bankruptcy need not discourage you from applying!
- What documents do I need for an online title loan in Kissimmee? – Generally, basic documents like your Florida-issued vehicle title, proof of income, proof of residence in Kissimmee, and some photos of your car, truck or SUV.
- Do I have to visit a loan store in Kissimmee, FL in person to get a title loan? – No! With auto title loans serviced by LoanMart in Kissimmee, you can apply online. Upon approval, you can even complete the required vehicle appraisal online instead of driving to a title loan store!1
What Are The Pros of Getting a Title Loan in Kissimmee?
There are several potential benefits that can come with a title loan serviced by LoanMart in Kissimmee, including:
Affordable Payments
Vehicle title loans serviced by LoanMart are installment loans, which means that they are repaid with monthly payments. This means that Kissimmee residents who opt for an auto title loan serviced by LoanMart don’t need to worry about having to repay the entire loan right after receiving it. Title loans that are structured as installment loans can be more affordable than loans that must be repaid within just days!
Competitive Interest Rates
Whether you applied from Kissimmee, or another Florida city like Jupiter, Port Charlotte or Ocala, it’s always a good idea to shop around for the most competitive rates before you take out a loan. Before signing your title loan contract, try to secure approval from other title loan options so you can compare! Title loans serviced by LoanMart are competitively priced, and therefore not afraid to encourage applicants to shop around!
No Pre-Payment Penalties or Hidden Fees
Kissimmee residents who obtain title loan funds through a loan serviced by LoanMart face no extra fees if they want to pay off the loan ahead of their payment schedule! In fact, borrowers are encourages to pay early, often and more to minimize the cost of their loan!5 Also, you will not be surprised with any fees that are not disclosed in your loan contract.
Convenient and Helpful Customer Service
Kissimmee residents can expect to deal with helpful and compassionate loan officers and customer service representatives when choosing to get a car title loan serviced by LoanMart. LoanMart has been a leading servicer of title loans for more than 20 years, and helped thousands of customers throughout these years!2
Expedited Loan Processing
Auto title loans serviced by LoanMart come with fast processing. Many customers are able to complete the entire process – from loan application to funding – in just one day!1 And, unlike traditional banks, title loans serviced by LoanMart are open on Saturdays, and even on some holidays!
Ways to Pay Back your Kissimmee Car Title Loan!
Car title loans serviced by LoanMart in Kissimmee can be repaid in several different ways. They include bank account transfers, payments via debit card, and cash payments that can be made in person at participating money transfer locations in Kissimmee. The goal of having that many options is to make it easy and convenient for borrowers to pay back their title loan!
For Kissimmee residents who prefer making payments in person, the following map can be used to find your nearest MoneyGram location in Kissimmee, Florida.
