What is a ChoiceCash Title Loan?
ChoiceCash Title Loans serviced by LoanMart are a special type of loan that were created to aid those in times of financial need. Since this loan was designed provide financial support, almost anybody could be approved1.
Applying for a ChoiceCash Title Loan is done simply by using a vehicle’s title as collateral. By doing this, almost anyone could be eligible to get a ChoiceCash Title Loan – even those with bad or no credit1.
Applying for a ChoiceCash Title Loan is rather simple, as an inquiry form can be filled out online and completed in only a few minutes. A qualified person could be funded within 24 hours or even the same day1.
In addition to all of this, ChoiceCash Title Loan borrowers can still drive their vehicle while they make their timely monthly loan payments.
The Benefits of a ChoiceCash Title Loan in Kentucky
ChoiceCash Loans provide numerous benefits for eligible customers, such as:
No Hidden Fees
When a person takes out a loan, typically those loans have hidden fees. Hidden fees most often take the form of balloon payments or pre-payment penalties. Each of which can make paying back a loan much more expensive.
ChoiceCash Title Loans have no hidden fees, so the only money a borrower has to think about paying is their regular monthly payment when made on time.
Low Monthly Payments
Since ChoiceCash Title Loans are designed to help people, their monthly payments have been designed to echo that. As such, ChoiceCash Title Loans have low monthly payments personalized for each borrower, and each month those payments could keep getting lower2.
Therefore, by the time someone makes their final title loan payment, they could be paying half of what their first payment was2.
Larger Loan Terms
Loan terms for title loans are oftentimes rather short, with terms only lasting about 30 days. But ChoiceCash Loans are a bit different in that loan terms could extend up to 3 years3! This convenience allows ChoiceCash Title Loans to be repaid much easier than other types of loans.
Accessing More Funds
There are times when people need more funds than what their initial loan provided. When this happens, borrowers may try to take out another loan, only to find that they can’t because they need to pay off their original loan first.
But with a ChoiceCash Title Loan, a person could apply to borrow additional funding at their current low rate1, 2.
What to Spend ChoiceCash Title Loan Funds On?
ChoiceCash Title Loans are designed to help people who are in financial need. As such, it’s one of the top title loan options for individuals who need fast money.
Borrowers have used their funds to cover various expenses, like:
- Costly medication
- Emergency car repair
- Veterinary surgery
- Funeral expenses
- Root canal surgery
ChoiceCash Loans could be used to cover a variety of unforeseen bills and expenses.
Obtaining Funds Through Your Local Money Gram in Cynthiana, Kentucky
Once approved for a ChoiceCash Title Loan, a person can then pick up their funds from their local MoneyGram location. Residents of Cynthiana, Kentucky have a few MoneyGram locations in their area.