Title Loans in Kansas

The state of Kansas is nicknamed the “Sunflower State,” although it has many other nicknames to those that call this state home. With vast prairies and plains, Kansas has beautiful scenery that stretches over historic territory.

Kansas is known for tallgrass prairies, as well as being the home to the American Buffalo. A little-known fact is that Wichita, Kansas is home to one of the nation's top plane manufacturing cities. What can now be more known, however, is that residents of this historic state are able to invest in finances other than plane manufacturing.

Title Loans, serviced by LoanMart, are available for residents to inquire about. This type of funding could help alleviate financial burdens for Kansas residents1.

title loan funds in wallet

What is a Title Loan Serviced by LoanMart?

A title loan serviced by LoanMart is a unique type of title loan available for residents in Kansas to inquire about. As with most vehicle title loans, a title loan serviced by LoanMart will require the use of a valid car title as collateral in exchange for funding in Kansas.

For residents in Kansas, getting approved for a title loan can be easy1. Title loans serviced by LoanMart offer eligible Kansas residents flexibility, extended loan terms, fast loan approval, and potentially lower interest rates1.

How to Get a Title Loan Serviced by LoanMart in Kansas

ceramic piggy bank

One of the great advantages of choosing a title loan for financial freedom is access to a simple approval process1. Residents of Kansas can expect a four-step process:

1. Initial Inquiry

The title loan inquiry process can be completed entirely online. Applying takes only a few minutes and will require basic information. A loan agent will then contact you afterward to request some documents.

2. Turn in Documents

To complete the loan inquiry process, a loan agent will request paperwork to verify your identity and provided information. These documents can help a loan agent determine a loan amount.

3. Receive Approval1

After a loan agent reviews your documentation and information, an approval decision will be made. The approval decision will be largely based on your vehicle’s value and your ability to repay the loan. The loan agent will discuss the loan terms with you and a repayment schedule will be decided.

4. Receive Your Funding

With a title loan serviced by LoanMart, choosing how to receive your approved funding is another advantage for those who borrow. After you have received approval, the last step is to decide how you would like to receive your money.

  • Direct Deposit
  • Receiving a Check in the Mail
  • Getting a Money Transfer
  • Visiting Your Closest MoneyGram Location

If there are any additional questions you may have about the process in Kansas, a helpful loan agent can be contacted at 1-855-914-2945.

How will Credit History Affect My Eligibility for a Loan?

calculator and invoices

With other forms of lending in Kansas, loan approval may heavily rely on credit for potential eligibility. In order to check a person’s credit history, the lender will traditionally perform a credit check on the borrower. There are two different forms of credit checks: hard credit checks and soft credit checks.

With soft credit checks, the loan inquiry will not impact an applicant’s credit. However, a hard credit check will likely impact one’s score. When it comes to working with title loans serviced by LoanMart, a hard credit check will be performed only when an inquirer chooses to proceed with the approval process.

When applying for a title loan serviced by LoanMart, numerous factors will be considered, such as:

The Applicant’s Income

A borrower will have both their annual and monthly income analyzed. This will be used to figure out the value of the loan, as well as the monthly payment amount. When providing proof of income, it is recommended that you show all sources of income to ensure you receive the best terms.

The Equity of The Vehicle

The most highly considered factor in the approval process is the equity of the vehicle. The vehicle’s equity will help to determine the value of the loan.

Why Choose Title Loans Serviced by LoanMart in Kansas?

Exceptional Customer Service

A Fast and Easy Process1

Honesty and Transperency

Competetive Interest Rates3

Years of Knowledgeable Experience in the Industry2

Compassion

Choosing the right title loan in Kansas can make or break getting out of a less than ideal financial situation. With title loans serviced by LoanMart, you’ll have access to flexible loan options and excellent customer service. With experience with customers from all different financial backgrounds, title loans serviced by LoanMart could be one of the best loan options in Kansas.

Do I Have to Be a Kansas Resident to Get a Title Loan, Serviced by LoanMart?

If you are thinking of taking advantage of the great benefits that these title loans serviced by LoanMart has to offer through in Kansas, know that you must be a resident of Kansas. A reason for this is that the laws and regulations of where you currently reside may not allow you to obtain a title loan. If you are not a resident of Kansas, not to worry, as title loans serviced by LoanMart are offered in various other states as well.

What Will Repayment for a Title Loan Serviced by LoanMart Look Like?

cash to repay title loan

If you are interested in taking out a title loan serviced by LoanMart, you may be wondering what the repayment process will look like. The repayment process can be easier than all other aspects of the process.

When repaying a title loan serviced by LoanMart, you will be offered a multitude of repayment methods, such as:

  • Pay by Phone
  • Visit a Payment Location
  • Pay through an Automatic Bank Payment
  • Mailing Your Payment
  • Pay Online through Your Account

The minimum title loan payment amount will depend upon the loan value, repayment term length, as well as the interest rate. These factors are decided during the loan approval process, so the applicant can decide what repayment plan is most optimal for their current financial situation. The loan payment will generally be due every month at the agreed upon date.

One of the benefits of choosing title loans serviced by LoanMart in Kansas is that the loan repayment process can be extended up to three years1! This gives borrowers plenty of time to repay their loan without high monthly payments1! If a borrower decides to repay the loan early, they can do so without pre-payment penalties5.

What Can the Money from a Title Loan Serviced by LoanMart Be Used for in Kansas?

painting wood with brush

A lot of people face financial hardship for various reasons. Regardless of why a Kansas resident may be facing a financial crisis, emergency funding could potentially help ease that burden.

Some of the most common ways that past borrowers have used their funding include:

Emergency Travel Costs

Emergency travel expenses can be burdensome and costly, regardless of where you may find yourself travelling to. Airplane tickets, hotel rooms, and other travel associated costs can add up quickly. When residents of Kansas need to travel for an emergency, having some extra funds can be helpful.

Relief from Debt

Emergency travel expenses can be burdensome and costly, regardless of where you may find yourself travelling to. Airplane tickets, hotel rooms, and other travel associated costs can add up quickly. When residents of Kansas need to travel for an emergency, having some extra funds can be helpful.

Car and Home Repair

Owning either a car or a home can be costly, as they require maintenance and costly repairs. Whether it may be a faulty transmission or a leaky roof, obtaining a title loan could help cover those high costs. While others may dip into their savings to cover the expense, using a title loan could be more efficient.

Funeral Costs

A loss of a loved one can be devastating enough without having to stress about finances. Funeral costs can average anywhere from $7,000 to $10,000 depending on the service. Instead of dipping into a savings account, some people choose to acquire a title loan serviced by LoanMart, which could significantly help.

Can I Get a Title Loan Serviced by LoanMart in Kansas with Bad Credit?

Even if you have less than ideal credit history, you may still be able to get a title loan serviced by LoanMart1. One of the benefits of choosing a flexible loan is the ability to have access to a flexible approval process. While other loan options in Kansas may only rely on credit for approval, title loans serviced by LoanMart will consider all contributing factors rather than solely the applicant’s credit history.

As a result of using collateral to secure the loan, the approval process can be much more flexible. While credit is still considered during the loan approval process with title loans, it is not the most important factor. The car’s equity and the borrower’s ability to repay a loan are considered much more important during the inquiry process.

Can I Refinance My Title Loan in Kansas?

luxury car by barn

If you have found yourself in over your head with debt, or you are unable to keep up with your current payment plan, refinancing could be your best option. Refinancing a loan can mean potentially receiving lower monthly payments, lower interest rates, and longer repayment terms.

Refinancing is an option that may be available with title loans serviced by LoanMart and doing so could help keep you from potentially defaulting on your loan1. Refinancing your title loan when you have found yourself unable to keep up with payments can be an ideal solution.

When you refinance your loan with title loans serviced by LoanMart in Kansas, you will have access to a few advantages, like:

Consolidate Debt

If you have found yourself with multiple forms of debt, refinancing could help consolidate all your debts into a single loan that makes repaying easier and less confusing. By refinancing with one lender you then have only one bill to worry about!

Save Money

One of the most common reasons that Kansas residents need to refinance is because financial circumstances have changed, and the current rates are too high. Lowering interest rates can possibly mean lower monthly payments, which could save you money in the long run.

Get a Better Loan

If you obtained a title loan that is no longer suitable for your financial situation, refinancing your loan could get you a better deal to work with your new budget. While there are advantages to refinancing, it is important to make sure that your new loan is beneficial to your finances. Check for factors that will improve your loan situation, such as lower interest rates and lower monthly payments. With title loans, serviced by LoanMart you could obtain beneficial terms when refinancing1!

What If I Default on My Title Loan Serviced by LoanMart?

title loan agreement signature

Defaulting on a loan means that you are not complying with the terms set forth in the agreement you signed. If you default on loan, you may feel helpless. With other loan options in Kansas, default may mean having your car repossessed immediately. However, with title loans serviced by LoanMart, compassionate service is what you receive.

Financial hardships can occur when least expected. If you have found yourself unable to repay your loan, you may still have options. Some of these options include:

  • Communicating with Your Lender
  • Refinancing Your Loan
  • Making a Healthy Financial Budget

With title loans serviced by LoanMart, engagement between the loan agent and the borrower is a must. When a borrower becomes unable to keep up with their loan responsibilities, they are encouraged to reach out to their agent in order to find a solution.

With title loans serviced by LoanMart, you may be given options that match your current situation rather than getting your vehicle repossessed. Instead of losing your main mode of transportation, speak to a loan agent and let them help you come up with a plan of action.

Why are Title Loans Serviced by LoanMart Superior to Other Loans in Kansas?

While many different types of funding exist in Kansas, very few title loans can compete with the innovative benefits and flexibility offered through title loans serviced by LoanMart.

Some benefits that set title loans serviced by LoanMart apart include (but are not limited to):

Flexible Loan Terms

One of the most prominent factors of a title loans serviced by LoanMart is the immense flexibility when it comes to loan terms and options. Title loans serviced by LoanMart were created to provide individuals with a superior option, regardless of financial history1. With options for almost every financial situation, title loans serviced by LoanMart is above much of the competition.

Fast Loan Approval

For residents in Kansas, title loans serviced by LoanMart could mean an easy, stress free inquiry process that takes as little as 5 minutes5! Even better, eligible borrowers could receive their approved title loan funds in as little as 24 hours1!

Rewards Available1

With many other Kansas loan options, there are no such things as rewards for borrowers. Lending is typically a one-sided transaction that benefits the lender. With title loans serviced by LoanMart, those who continually make steady loan payments on time could earn low monthly payments and rates that get even lower every single month1!

Accessible to Many1

Title loans serviced by LoanMart were created to be accessible to people of various financial backgrounds. Title loans serviced by LoanMart aim to help more people in Kansas by accepting a wide variety of credit histories1.

Keep Your Car

Since your car title is used as collateral, the loan becomes secured. But unlike other some other secured title loans, with title loans serviced by LoanMart the borrower can hold onto their vehicle while making their monthly payments! This means you don’t have to rely on a vehicle sharing app or friends to get where you need to go!

What will I Need to Qualify for a Title Loan Serviced by LoanMart?

keys to vehicle

Qualifying for title loans serviced by LoanMart can be simple and fast for Kansas residents1. With title loans serviced by LoanMart, searching for a good deal does not need to be a hassle. To apply for title loans serviced by LoanMart, complete the quick online inquiry form, which takes only a few minutes and asks basic questions about yourself and your vehicle5.

Kansas residents must meet these initial requirements in order to be eligible:

  • Be 18 Years of Age or Older
  • Own a Vehicle in Your Name
  • Have a Steady Source of Income

In addition to these initial requirements, Kansas residents should have access to these documents:

  • A valid government issued photo ID
  • Proof of income (bank statement, paystub, pension statement, disability payments, etc.)
  • Proof of residency (utility bill, voter registration card, mortgage statement, etc.)
  • Qualifying car title in your name
  • Photos of the vehicle in your name

More Details on Title Loan Rewards11

When a borrower has received eligibility for a title loan serviced by LoanMart in Kansas, there are rewards available for eligible borrowers1. When repaying your title loan, you could receive rates and monthly payment amounts that get lower each month1!

While these rewards are available, there are certain conditions for receiving them:

  • The Loan must always be less than 90 days past due.
  • The Loan cannot have been modified.
  • The vehicle involved cannot have been repossessed.
  • The Loan cannot have reached its original maturity date.

After these conditions are met, the applicant could qualify to receive loan rewards1. These rewards include lower payments, lower rates, and even the ability to apply for additional funds1!

Where Can I Get a Title Loan Serviced by LoanMart in Kansas?

A great benefit of choosing a title loan serviced by LoanMart is the accessibility. Borrowers that have received eligibility can access their new funds through several methods.

One of the easiest ways to receive your money is to visit a nearby MoneyGram location in Kansas1! Regardless of your location in Kansas, chances are that there is a MoneyGram location not too far from you. For residents to have an easy understanding of how many MoneyGram locations are available, a map and details for a few locations has been provided below.