What is a Title Loan Serviced by LoanMart?
Title loans serviced by LoanMart are unique loans that are created to help those in need. Because of this, auto title loans are quite flexible, making them work for just about anyone. This is also why applying is rather easy1.
Applying for a title loan serviced by LoanMart is very simple, as the inquiry form can be filled out online, and the entire process could be completed in just a few minutes1.
Being approved for a title loan serviced by LoanMart is rather simple as well, as a person merely needs to use their vehicle’s title as collateral1. By posting a vehicle’s title as collateral, just about anyone could get a title loan serviced by LoanMart – even if they have bad credit or no credit1.
While a vehicle’s title will be used as collateral, a person can still drive their vehicle, the whole time they carry the loan!
The Benefits of a Title Loan Serviced by LoanMart
As mentioned, a title loan serviced by LoanMart can easily provide funds to those in need1. Along with that, there is so much more that a title loan serviced by LoanMart may offer, like:
Low Monthly Payments¹
Since title loans serviced by LoanMart were designed to help those in need, the monthly payments are also designed to reflect that. Unlike most other loans, where the monthly payments are high, title loans serviced by LoanMart have low monthly payments¹.
Longer Loan Terms
With other types of title loans, the loan terms are not very long, as they may only extend to about a year. However, that’s not the case with these title loans. Title loans serviced by LoanMart could have terms that extend for years—making repayment quite easy to do¹.
No Hidden Fees5
Plenty of times, people may find that the loans they carry come with fees they were unaware of. These fees can be anything like balloon payments or pre-payment penalties. Either way, it can make paying back a loan that much more expensive.
But those who acquire a title loan serviced by LoanMart need not worry about such things, as there are no pre-payment penalties or balloon payments5. In fact, there are no hidden fees at all5! And so, the only payment to think about is going to be the monthly payment when payments are made on time.
Acquiring Your Funds Through Your Local MoneyGram in Lauderhill, Florida¹
If you are approved for a title loan serviced by LoanMart, you can then pick up your funds from a local MoneyGram in Lauderhill, Florida.
Those who live in Lauderhill, Florida, have many store options available to them.