What are Title Loans and How Do They Work for Residents of Fort Wayne, Indiana?
To get a better understanding of what a title loan is, first you must understand the process of applying and eventually getting the loan. Title loans serviced by LoanMart are a unique kind of title loan. The idea behind a title loan serviced by LoanMart is to be accessible and affordable to as many people as possible.1
Applying for a title loan serviced by LoanMart means that first, you’ll have to fill out an inquiry form. Like other title loans, it will be secured with the borrower’s vehicle title. Eligibility and the amount of your loan are determined based on the equity of the vehicle, as well as your current ability to pay back a loan.1 Then you’ll get an outline of repayment with a title loan serviced by LoanMart.
And what happens with the car used as collateral? Absolutely nothing! You will use the vehicle normally, as you have before getting the loan while making scheduled monthly payments.
Benefits of a Title Loan for Residents of Fort Wayne, Indiana
With a title loan serviced by LoanMart, there are a ton of benefits throughout the entire loan process:
Easy and Low Payments in Fort Wayne, Indiana
In order to make the loan accessible to as many people as possible, a title loan serviced by LoanMart offers low monthly payments from the very beginning.
As far as any hidden fees are concerned, there are none when it comes to a title loan serviced by LoanMart.5 That includes any payments once the loan is completely paid off.
More Time for You to Pay in Fort Wayne, Indiana
More and more title loans tend to follow the same pattern of providing borrowers with up to a year to return their loans—that is not the case with a title loan serviced by LoanMart.
With a title loan serviced by LoanMart, you could end up having years to pay back the money you have borrowed.1 And if you decide to pay back the loan early, there won’t be any fees or penalties.
Convenient and Easy to Get Funded in Fort Wayne, Indiana
The process of applying for a title loan serviced by LoanMart is easy and fast.1 You could end up having money in your pocket on the same day that you apply— if you get approved for the loan.1
Get Your Funds Through Your Local MoneyGram in Fort Wayne, Indiana1!
Get your approved title loan funds through your local MoneyGram location.1 There are several locations in Fort Wayne, Indiana where you can go to do so.
If you think a title loan could be the right financial solution for you, then contact LoanMart to see how they can help. Call 1-855-277-4847 to speak with a representative or fill out the quick 5-minute initial inquiry online to see if you are approved for fast and efficient funding today.