What is a Title Loan Serviced by LoanMart?
Title loans serviced by LoanMart are a type of loan that is intended to help people of various financial backgrounds. Because this loan was designed to help those in need, it’s quite flexible and can fit into just about anyone’s budget.
This loan functions by using a vehicle’s title as collateral. Since a title is used as collateral, credit will not be the sole qualifying factor, but rather one among many. Qualifying is rather manageable, as even a person with bad credit could still be approved1.
Repaying a title loan serviced by LoanMart is also quite different, too, as loan terms could extend for years¹. Thus, making repayment that much easier for borrowers. Perhaps the best part about a title loan serviced by LoanMart is that you can still drive your vehicle while making your monthly loan payments on time.
The Advantages of a Title Loan Serviced by LoanMart in Shively, Kentucky
Acquiring Funds Sooner¹
The inquiry and approval process for a standard loan can take some time. However, with a title loan serviced by LoanMart, the inquiry process could be completed in minutes. Qualified applicants could even receive their funds within 24 hours1!
Lower Monthly Payments¹
Unlike most title loans out there that have high monthly payments, title loans serviced by LoanMart typically have small monthly payments¹.
No Hidden Fees to Worry About5
Many times, borrowers find that the loan they have signed up for has numerous hidden fees. These fees can take many forms, but oftentimes they can be balloon payments or pre-payment penalties.
However, title loans serviced by LoanMart have no hidden fees to worry about5. Title loans serviced by LoanMart were made with honesty and transparency in mind.
Acquiring Your Funds at MoneyGram in Shively, Kentucky¹
After you’ve been approved, you could then acquire your title loan funds. To gain access to your funds, you can visit any MoneyGram location in your area. For those living in Shively, Kentucky, there are as many as 44 locations within a 10-mile radius.