What is a Title Loan and How Does it Work for Residents of Peoria, Illinois?

Title loans serviced by LoanMart were designed with features that were made to be extremely convenient to as many people as possible.

The borrower’s vehicle title will be used as collateral against the loan.1 Eligibility and loan amount will be determined by the equity in the vehicle and a borrower’s ability to pay back the funds.

While repaying a title loan serviced by LoanMart, a borrower in Peoria can keep and drive their vehicle.

Title Loan Benefits for Residents of Peoria, Illinois

Here are some of the benefits you can expect from a title loan serviced by LoanMart upon approval:

Easy Low Payments in Peoria, Illinois

Repayment for the title loan serviced by LoanMart will occur on a monthly basis. With these loans, the monthly payments you will have to make are going to be quite affordable and low. In addition, borrowers don’t have to worry about any hidden fees or bulk payments, because there won’t be any with a title loan serviced by LoanMart!5

More Time for You to Pay The Loan in Peoria, Illinois

Borrowers living in Peoria, Illinois are in for a treat! They could get years to return the borrowed funds from a title loan serviced by LoanMart.1 This is typically not the case with other title loans where you’ll get up to one year.

Don’t worry about any hidden fees or penalties for paying off the loan early. With title loans serviced by LoanMart, there won’t be anything like that!

Convenient and Easy to Get Funded in Peoria, Illinois

Getting extra funds with a title loan serviced by LoanMart can be simple and fast. Once you get approved, you may be able to get the money that same day.1

Get Your Funds through Your Local MoneyGram in Peoria, Illinois!

The approved funds from a title loan serviced by LoanMart can now be picked up at any MoneyGram location in Peoria, Illinois. For those living in the Peoria area, there are quite a few MoneyGram locations.

Take a look at the map and a list of the MoneyGram locations provided below, and find the address of the nearest one to you!