These loans are made for individuals that desire fast, hassle-free emergency funding.
What Are Title Loans Serviced by LoanMart?
Title loans serviced by LoanMart are an innovative type of funding. Like regular title loans, they use the equity of a car to secure funding for borrowers. The value of the loan is based on the car value and a person’s ability to repay the loan.
In addition to providing funding that could be fast and easy, title loans serviced by LoanMart make it so that a borrower can keep driving their car while making their monthly payments on time.
However, unlike other title loans, title loans serviced by LoanMart come with additional benefits for borrowers!
Benefits of a Title Loan Serviced by LoanMart
In addition to being fast and easy, title loans serviced by LoanMart have tons of additional benefits for those who get approved for one.
Below are a few benefits residents of Jefferson County can look forward to1.
Competitive Low Monthly Payments
With title loans serviced by LoanMart, monthly payments start off competitively low, as they were made to be accessible to a wide variety of people1. This is especially true when compared to other types of loans out there.
A Good Amount of Time to Pay Back the Loan
When working with other title loans, a borrower may notice that they don’t always get flexibility when it comes to repayment, as most loans have a fixed loan length. However, everyone’s financial situation is different and so borrowers are given sufficient time to repay their loans.
The average loan repayment length is one year, but title loans serviced by LoanMart provide term lengths that last years!
Getting Funding Can Be Easy
Once an applicant is approved for a title loan serviced by LoanMart, they must agree to the repayment terms and sign the contract. Once these steps are completed, borrowers can then get their funding. In some cases, funding could be made available in as little as one business day1!
Another way that title loans serviced by LoanMart make the funding process easy is by providing extreme flexibility with eligibility. One way that is done is by shifting the focus from credit history to a variety of other qualifying factors1.
Get Funds Through Your Local MoneyGram in Kentucky
With title loans serviced by LoanMart, borrowers could conveniently pick up their approved funds at their local MoneyGram location in Jefferson County. Drop by any location, anytime during business hours to collect funding!