Understanding What a Title Loan Is
A title loan serviced by LoanMart is a special type of loan that’s been created to help anyone, including those in the middle of a financial crisis.1 Due to this, title loans serviced by LoanMart are rather flexible and can easily fit into most people’s budgets.
This loan works by using a vehicle’s title as collateral. As such, a credit check will not be the sole factor in the approval process, so even those with bad credit could still be approved.1
Repayments terms are also very convenient as they could extend up to years. Thereby, making repaying a title loan all the easier for borrowers. But one of the greatest things about a title loan serviced by LoanMart is that you can still drive your vehicle while paying back the loan.
The Upside to a Title Loan in Shelbyville, Kentucky
While title loans serviced by LoanMart can be obtained quickly and boast impressive loan terms, those are not the only added benefits to this loan. Other benefits that a borrower could encounter with this loan are as follows:
Typically, loans come with large monthly payments. This can make it hard for some people to repay their loans. Title loans serviced by LoanMart on the other hand, have small monthly payments.
No Hidden Fees
There are many loans out there that have hidden fees. But title loans serviced by LoanMart are designed to help people, so there are no hidden fees.5
Faster Acquisition of Funds
Often times applying for a loan and waiting to be approved can take a while. Title loan serviced by LoanMart can be fairly quick to obtain, as applying could take only a few short minutes.1 And a person could be approved and receive funding the same day they apply if they’re eligible!1
Accessing Your Funds at Your Local MoneyGram Location
Once approved, you will need to access your funds. To do so, you can easily visit your local MoneyGram location. Residents of Shelbyville, Kentucky have several options available to them, as there are 3 MoneyGram locations in the area.