What is a Title Loan Serviced by LoanMart, and How Does it Work for Residents of Skokie, Illinois?

A title loan serviced by LoanMart is a unique kind of title loan. These loans were designed to be flexible, convenient, and simple. To secure a title loan serviced by LoanMart, borrowers will have to offer their vehicle’s title as collateral against the loan.

Eligibility and loan amount will be determined by the borrower’s ability to repay the loan, and the equity of the vehicle involved1.

Most title loans serviced by LoanMart can be processed in just one business day, and so it is perfect for when you need money quickly!

Getting started with a loan is also simple, a person can start by filling out a short form online, or by making a phone call, then a loan agent will get in contact with you, and get the process going.

One huge unique perk with title loans serviced by LoanMart is that you can keep and drive your vehicle while repaying your loan.

Benefits of a Title Loan Serviced by LoanMart in Skokie, Illinois

Here are some of the unique advantages of a title loan serviced by LoanMart for residents of Skokie, Illinois:

Get Money in Your Pocket Quickly in Skokie, Illinois

Title loans serviced by LoanMart may be a convenient option for you when you need cash quickly. Thanks to its very fast process, once approved, you can have funds available in just one business day1!

A Long Time to Pay Back the Loan in Skokie, Illinois

Do you want a long time to pay your loan back? With a title loan serviced by LoanMart, you can get years to do it1!  It is one of the more flexible payment periods in the market. With most title loan options, borrowers will typically only get up to a year for repayment.

Competitive Interest Rates for Residents of Skokie, Illinois

The competitive interest rates are an excellent, and advantageous benefit of a title loan serviced by LoanMart! Competitors normally charge borrowers much higher rates for the same amount of funding.

And to make things even more affordable, you won’t be charged any additional or hidden fees during or at the end of the loan period5.

An Easy Process for Residents of Skokie

The title loan serviced by LoanMart is kept simple. To begin, you have to fill a form. It can be done online or through a phone call.

When this form is submitted, a loan agent will get in communication with you to help you move forward/ discuss options. Next, you will have to submit a few documents like a government-issued photo ID (it can be your driver’s license), proof of residence (a utility bill, a lease, etc.), proof of income, and a vehicle’s title in your name.

To wrap up the process, once approved, sign the loan agreement and then you’ll receive your funding!

Get Your Title Loan Funds through MoneyGram in Skokie, Illinois

For your convenience, you can get your approved funds electronically or by check. To get your funds through check, simply visit any MoneyGram location in Skokie, Illinois. You can see a map below plus some information about MoneyGram locations where you can get your money: