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

A title loan serviced by LoanMart is a type of title loan which was made to help a variety of borrowers when they need fast cash.1 The inquiry process and the repayment process are as smooth as possible.

In order to qualify for a title loan serviced by LoanMart, an applicant will need to have a source of consistent income, a vehicle that they can offer the title for as collateral, and proof of their ability to repay the loan.1

The borrower can keep and use the vehicle while making their scheduled monthly payments.

Title Loan Benefits for Residents of Springfield, Illinois

If you are interested in getting a title loan serviced by LoanMart, there are a ton of benefits that you could get once approved, here are a few to consider:

Easy, Low Payments for Residents of Springfield, Illinois

With title loans serviced by LoanMart, you can expect the monthly payments to be quite low.  What you won’t get from a title loan serviced by LoanMart are hidden fees — there won’t be any during repayment or at the end of the loan.

More Time for You to Pay Back the Loan in Springfield, Illinois

Another benefit for Springfield residents with these loans is that they could get years for repayment. With more time on your hands to pay off a title loan serviced by LoanMart, repayment will be easier and more manageable.

And in case you want to pay off the loan earlier, you don’t have to worry about any prepayment penalties or fees.

Convenient and Easy to Get Funded in Springfield, Illinois

Need the cash urgently? If you get approved for a title loan serviced by LoanMart, you may have the cash in your hands as soon as the same day.1 Moreover, your credit won’t have a huge impact on your chances of getting approval!1

Get Your Title Loan Funds Through Your Local MoneyGram in Springfield, Illinois!

To make the process as easy as possible, you will be able to pick up your approved funds via a MoneyGram location. Go to the nearest one in Springfield, and in just a few easy steps get your money!

Check out a map and a list of the MoneyGram locations in Springfield Illinois, provided below: