What Is an Oakland Park Car Title Loan?

An Oakland Park car title loan is a cash loan that’s secured by the borrower’s car, truck or SUV. In order to qualify for this type of loan, Oakland Park residents need to own a Florida-titled vehicle with sufficient value to support the loan. Besides being the vehicle owner, eligible borrowers also need to have sufficient income to be able to make loan payments, and meet the title lender’s basic credit criteria.1 Having a perfect credit score however is not required, since car title loans are primarily meant for borrowers who don’t have a high credit score.

Applying for a title loan serviced by LoanMart is quite easy as well. Potential borrowers who apply online can do so 24/7. Oakland Park residents who prefer applying over the phone can dial 855-422-7412 to speak with a loan officer during business hours.

Apply online for a title loan in Oakland Park

Frequently Asked Questions About Title Loans in Oakland Park

  • Can I keep driving my car? Yes! Oakland Park borrowers can keep driving their vehicle while making on-time loan payments. That’s one of the important features of auto title loans as compared to auto pawn loans.
  • How fast can I get my money in Oakland Park? With a LoanMart-serviced title loan, your loan could be completed as fast as same-day!1 3
  • How long do I have to pay back my loan? The exact terms of your loan approval depend on individual factors of the loan application. With an Oakland Park auto title loan serviced by LoanMart, you can expect generous repayment terms and affordable monthly payments.1
  • How much can I borrow? Car title lenders typically lend up to 50% or more of your vehicle’s value. Auto title loans serviced by LoanMart can allow eligible borrowers to qualify for up to $15,000 in Florida.
  • What is the minimum title loan amount? The minimum amount you can borrow primarily depends on the lender you decide to work with. Most LoanMart-serviced loans in Oakland Park come with a minimum amount of $2,000.1
  • Does a title loan go on your credit? Although having good credit is not a requirement to qualify for a car equity loan, title loans may go on your credit if the lender or loan servicer reports your loan payments to the credit bureaus. Title loans serviced by LoanMart are reported to the credit bureaus.

Are Auto Title Loans in Oakland Park Hard to Get?

Car title loan providers in Oakland Park understand that life happens. That’s why these loans are designed to be comparatively easy to get. The key qualification requirements that borrowers must meet is owning a vehicle and having sufficient income to afford an additional loan payment.1 A credit inquiry may still be required as part of the application process, but most title loan providers don’t focus on the applicant’s credit score when deciding whether to approve or deny the loan application.1

Local Loan Repayment Options in Oakland Park

With LoanMart-serviced vehicle-secured loans, you can take advantage of several convenient ways to make your scheduled monthly payments. You can pay back your title loan through bank account payments, payments with a bankcard, and even make cash payments at participating money transfer locations in Oakland Park.

Whether you’re in Oakland Park or other Florida cities like Leesburg or Port Charlotte, a MoneyGram location is likely not far away! Simply use the below map to find a local payment location near you!