Understanding What a Title Loan Serviced by LoanMart Is
Title loans serviced by LoanMart are a specially designed loan meant to help those in need. Due to the numerous qualifying factors for eligibility, almost anyone could be approved for a title loan serviced by LoanMart1.
To apply for a title loan serviced by LoanMart, simply go online or visit a MoneyGram location in person to fill out an inquiry form. The process is quite fast, taking only about 5 minutes to complete1. Those who apply could even receive funds in as little as one business day1!
In order to apply for a title loan serviced by LoanMart, an applicant will need a safe working vehicle, a vehicle title in their name, and a consistent source of income.
The Advantages of a Title Loan Serviced by LoanMart in Kentucky
Title loans serviced by LoanMart come with many advantages. These benefits include:
Innovative Monthly Payments¹
Many title loans out there have monthly payments that can be rather high. However, those that have a title loan serviced by LoanMart won’t have to worry about large monthly payments¹.
Longer Loan Terms
Another aspect that most title loans share is short terms. With short-term loans, repayment is typically expected within 30 days. Title loans serviced by LoanMart are different, as term lengths could extend for years – making repayment all the easier for borrowers¹.
Faster Acquisition of Funds
Being approved for a loan can sometimes take a while. With a title loan serviced by LoanMart, acquiring funds may be easier, as applying for a loan can be done in a matter of minutes¹. Plus, it’s possible that a person could be approved the same day they apply1.
Zero Hidden Fees5
More often than not, hidden fees are attached to loans to make more money for loan companies. These fees can be anything from balloon payments to pre-payment penalties. While great for loan companies, these fees are not so great for the borrower.
That’s why these title loans in Paris, Kentucky have no hidden fees, so borrowers can rest easy5!
Acquiring Funds from Your Local MoneyGram in Paris, Kentucky
After a person has been approved for a title loan serviced by LoanMart, they could easily and conveniently pick up their funds from their nearest MoneyGram location.