Louisiana is known for its rich history, incredible food, and vibrant music akin to its people. Different cities across the state have the characteristics that make Louisiana unique, bringing an unforgettable experience that stays with anyone who visits. The people are known for their strength against the odds and remarkable personalities that make anyone feel welcomed. When the residents of Louisiana are faced with a predicament where they don’t have the money to cover a financial situation, LoanMart is here to help with title loans that can be easy to get for people of all different financial backgrounds and credit histories.1
If you need financial assistance, you can use your vehicle’s title and income to see if you qualify for a quick funding option. You can easily inquire about title loans in Louisiana from the comfort of your home by going online to start the process!1 It only takes a few minutes to inquire, with the possibility of getting a response in less than an hour.3
Find out how you can get the money you need in Louisiana today! Call a representative from LoanMart to see what you must do to get a title loan. Qualified borrowers could receive their funding in as little as one business day!3
A title loan is a secured loan, or a collateral-based loan, which means that you secure your cash with your car’s title instead of just your credit history. Unlike most lending options that require you to use your credit to get money, you can just have a title from your car to retrieve fast cash with a title loan.
What lenders are actually looking for when you inquire about a title loan is two things:
Collateral can often make the possibility of obtaining funds much easier than with unsecured loan options.1 The reason why lenders require a title for this transaction is that they can also use it to ensure that borrowers will repay the entire loan amount in full, one way or another. When you begin the process of repayment, a lender will place a lien on your title until you have paid off your monthly installments. If an individual fails to meet their payments, lenders have the legal right to repossess their vehicle and sell it to cover the remainder of the loan. This is the last case scenario and not an ideal one for both parties, however. Once you have completed all of your payments, the lender will no longer be the lienholder, leaving your title free and clear. While you are using your car’s title to secure cash, you can still keep your normal driving habits while you make your payments on time!
The requirements for car title loans in Louisiana can be simple and straightforward.
You will only need to initially provide three things when you inquire about a title loan serviced by LoanMart:
You may be worried about having a 9-5 job to satisfy the income requirement; that’s not the case. As long as you have the means to pay off a title loan, you can often use that alternative financial resource to validate your ability to repay the loan amount in full.1 If you desire a significant loan amount, you would need to have enough equity in your vehicle and the income to support it to justify that quantity.1
But on the other hand, LoanMart agents can often help set up loan terms that are flexible for what your budget can afford. You can also let a loan agent from LoanMart create a payment schedule for you to keep track of all your payments and not miss a single one. There are options available to make sure you get the money you need without any inconvenience.1
If you are like most borrowers, you may not know the current equity on your car. The equity on a vehicle is just the difference between the market value and what is currently owed (if anything). The higher the value rate of a car’s equity, the more money you can possibly get with a title loan.1 LoanMart thankfully has an online calculator tool that borrowers can use to find an estimate with a quote free of obligation.1
You must input a few details about your vehicle to get started:
LoanMart knows all too well that you cannot afford to wait for the cash you need to cover an emergency. It’s crucial to meet your payments in full when you have a limited period to pay off an expense with a minimal budget. That’s why loan options like LoanMart work to have your money soon!3 Qualified borrowers could get their cash in as little as one business day.3
Most loan options can take days or weeks to process your inquiry; LoanMart services title loans promptly.3 Once you open up the LoanMart inquiry form on your smartphone or laptop, you can inquire about car title loans in just a few minutes.3 Shortly after that, a loan agent can give you a quick response about your potential approval status.3 Auto title loans in Louisiana can be much faster than others across the country, with the chance of receiving cash in as little as 24 hours!3
A loan agent will ask for a few documents for you to submit in addition to your car’s title and proof of income when you inquire about title loans in Louisiana. Keep in mind that there may be additional documents exclusive to your state, so contact your local Department of Motor Vehicles (DMV) for any details. But expect to have these general documents as a requirement to get your funding.
These documents help a loan agent verify your information and vehicle ownership during the inquiry process. Although it may sound like it’s a lot, these can actually be simple to have as you may already have them laying around the house:
You can easily submit all your documents through the convenience of LoanMart’s online portal! If you have any questions or concerns about documentation, contact a representative today at 800-789-8648 for clarification.
This is something that many borrowers worry about when they ponder the idea of getting a loan for funding. Even if some have good credit, people are unsure if some loan options have hidden fees and charges that can hurt their scores. It can be nerve-wracking if you have poor credit since many lenders would deny you from getting a loan solely based on that. Fortunately, title loans in Louisiana serviced by LoanMart can often aid people from all different kinds of credit histories.3
However, a loan agent may consider running a credit check during the inquiry process for a title loan. You go through what is known as a hard inquiry check, which happens when you inquire about a loan and agree to proceed with the loan agreement. Unfortunately, the downside of that is that it can take off some points from your credit score, but this can be fixed with time and effort. As long as you have collateral and the income level to support a loan, you can often qualify for a title loan without an issue.1
Many residents in Louisiana depend on their vehicles as their primary source of transportation. People can rely on Louisiana’s public transit systems, but those can be costly if you require a daily commute to work or school. When you inquire about car title loans in Louisiana, it’s understandable if you are thinking about what happens with your car after a loan agent approves you for your funding. Some loan options, like title pawn loan lenders, will keep your vehicle during the loan duration until you have paid off the entire loan amount. With loan options like LoanMart, you can keep your car wherever you go as long as you are on time with your monthly payments!
Take advantage of this and many other perks available through a flexible approval process with LoanMart!1
Some borrowers who inquire about online car title loans in Louisiana might be preparing themselves to go through an arduous process to get their money and/or repay the amount in return. Thankfully, title loans are designed with convenience in mind, meaning that people’s loan experiences can be incredibly positive and easy. But in addition to getting fast cash, LoanMart offers other benefits that add to the overall loan process.
Take a look at some of the benefits you can enjoy when you obtain a title loan serviced by LoanMart:
Getting title loans in Louisiana can be simple when you inquire about one with LoanMart.1 Residents of Louisiana can take part in a streamlined approval process that allows borrowers to easily access their money despite their financial or credit history.1 As long as you have a car title to use as collateral and the income level to support a loan, you can be eligible for fast cash!3
Get started on your title loan by filling out and submitting a short form online, or call a loan agent at 800-789-8648 if you prefer working with someone on the inquiry. Remember to submit all of your documents when you initiate the title loan process. Once these are presented and ready to go, a loan agent can respond with approval status. If you’re approved for a title loan, you can get instant money!3
Because title loans serviced by LoanMart are so innovative, borrowers could receive advantages with the funding process. Title loans serviced by LoanMart allow eligible people to have access to emergency funding without having to travel too far.
And that is why title loans serviced by LoanMart offer a quick and easy funding process at different MoneyGram locations across the state of Louisiana1. No matter where you are in the state, chances are that there will be a MoneyGram location near where you live or along your daily commute.
MoneyGram makes it easy to get the last part of the title loan process completed
Not sure where the closest MoneyGram location is to you? Check out the map below, which features a drop-down list of a few MoneyGram locations throughout the state of Louisiana:
Learn now about title loan services and cash options in various states
All loans will be serviced by LoanMart. See State Disclosures for additional information. LoanMart is currently not lending in California and does not make loans or credit.
1Loan approval is subject to meeting the lender's credit criteria, which may include providing acceptable property as collateral. Actual loan amount, term, and Annual Percentage Rate of the loan that a consumer qualifies for may vary by consumer. Loan proceeds are intended primarily for personal, family and household purposes. Minimum loan amounts vary by state. Consumers need to demonstrate ability to repay the loan.
2Based on consumers who received a loan from LoanMart from February 2002 to October 2018.
3Application processes could take five (5) minutes to complete. Upon completion, a conditional approval may be given pending review of documentation. Funding time is based on the time from final approval following receipt and review of all required documents and signing, prior to 2PM PT on a business day.
4To exercise the right to rescind, the consumer(s) must notify the lender in writing by midnight on the third calendar day from obtaining the loan. Within one business day from notice of rescission, the consumer(s) must return any monies received and fees paid on behalf of the consumer(s) by certified funds.
5Lenders recommend and encourage consumers to pay early and often and more in order to avoid additional finance charges.
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