What is a Title Loan Serviced by LoanMart?
A title loan serviced by LoanMart specifically designed to help those in financial need. Title loans serviced by LoanMart were created to be flexible and work with the customer’s needs. That’s why the loan inquiry process is so easy.
When applying for a title loan serviced by LoanMart, one can start the process online. And the entire process could be completed in just a few minutes.
One requirement to be approved for a title loan serviced by LoanMart is that a person will need to post their vehicle’s title as collateral. Even if a person has bad credit or no credit, they could still be approved1.
Although the vehicle’s title will be used as collateral, a person will still be able to drive their vehicle while making monthly loan payments.
The Advantages of a Title Loan Serviced by LoanMart?
While a title loan serviced by LoanMart could provide funds in a quick and easy manner, they also offer other benefits as well:
Longer Loan Terms
Generally, Florida loans only offer one-year long terms, which can make repayment a bit tough. But with a title loan serviced by LoanMart, an individual could have a loan term of years¹. Thus, making repayment much less of a hassle.
Lower Monthly Payments¹
With the extended loan term, monthly payments are generally lower, as well. Unlike most title loans, interest rates on title loans serviced by LoanMart are pretty low¹.
Zero Hidden Fees5
Even though some loans provide low monthly payments and longer loan terms, they may not state added fees. These additional fees are rarely mentioned, but they can take the form of balloon payments or pre-payment penalties. These added fees can cost people more money than they expected to pay.
A title loan serviced by LoanMart is different though, as there are zero hidden fees5. That way people never have to worry about paying more than expected.
Getting Your Funds Through Your Local MoneyGram¹
When all is said and done, and you are approved for a title loan serviced by LoanMart, you can pick up your funds at any local MoneyGram location.
For those living in Lake Worth, Florida, there are many MoneyGram locations available.