Disclosures for LoanMart Auto Title Loans
LoanMart may act as the broker for the loan, and may not be the direct lender. LoanMart is licensed or registered as a finance lender as required by applicable state law and does not offer or service student loans. Loan proceeds are intended primarily for personal, family and household purposes.
1 All loan applications are subject to meeting our credit criteria, which includes providing acceptable property as collateral. Minimum loan amounts vary by state. Consumers need to demonstrate ability to repay the loan. The Annual Percentage Rate (APR) is 29.99% with repayment period between 24 to 48 month. For example, a loan of $5,000 that includes an origination fee of $75, with an APR of 29.99%, and term of 24 months, will result in a monthly payment of $284.44.
2 Based on borrowers who received a loan from February 2002 to April 2016, LoanMart is licensed or registered as a finance lender as required by applicable state law and does not offer or service student loans. Loan proceeds are intended for personal, family and household purposes.
3 Application processes could take 5 minutes to complete. Upon completion, a conditional approval may be given pending review of documentation. Twenty-four hour funding time based on the time from final approval following receipt and review of all required documents and signing, prior 5PM PST on a business day.
Alabama: Loans made pursuant to Alabama Consumer Credit Act. Alabama Disclosures. Arizona: Loans made pursuant to Arizona Department of Financial Institutions Sales Finance Company License. California: Loans made or arranged pursuant to a California Finance Lenders Law License. Illinois: Loans made pursuant to Illinois Department of Financial & Professional Regulation Consumer Installment Loan Act License. Missouri: Loans made pursuant to Missouri Revised Statute 367.100, Regulated by the Missouri Division of Finance. Missouri Disclosures and Fee Schedule. New Mexico: Loans made pursuant to New Mexico Regulation and Licensing Department Financial Institutions Division Small Loan Company License. New Mexico Disclosures. South Carolina: Loans made pursuant to South Carolina Consumer Finance Division. South Carolina Disclosures and Fee Schedule. Utah: Loans regulated by Utah Department of Financial Institutions. Utah Disclosures, Complaints and Fee Schedule.
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