Unexpected expenses can be a real pain. Whether you need to replace a dead car battery, fix a broken water heater, or take a trip to the emergency room after your child has an accident, sometimes you find yourself needing cash fast. If you’re looking for a car title loan in Toledo, look no further than Title Loans!
With Title Loans serviced by LoanMart, you can apply for a title loan from the comfort of your own home and possibly get you the funds you need as soon as possible1. Got bad credit or no credit? Whether you’re a busy executive or the girl next door, you can still apply because Title Loans serviced by LoanMart may be able to get you the cash you’re seeking.
Applying for a car title loan can seem daunting. Some Ohio lenders have a detailed list of strict requirements when it comes to whom they will and will not lend, which can make trying to figure out where you’ll be able to get a title loan stressful and discouraging.
But Title Loans serviced by LoanMart has worked to eliminate all the stress from the car title loan process with the most simple and streamlined online application method available1. To begin, simply provide proof of ownership of your car, proof of a consistent income, and your car title.
No, it’s not! When applying for a car title loan in the past, providing a paycheck used to be the standard. But Title Loans serviced by LoanMart knows that today there are a variety of different ways to make a living, which is why you can provide proof of income for a car title loan in Toledo with a variety of confirmable sources of income. A confirmable source of income can include:
- Paycheck Stub(s)
- Bank Statements
- Government Award Letters
- PayPal Transaction History
- Documentation of Legitimate Claimed Income
Online, of course! The simple online car title loan process makes it easy for you to apply for a loan without all the usual hassles.
If at any point you need more information or want to talk to a real, live person, feel free to reach out to a loan agent who can give you answers you need at 567-666-7272.
Interested in the exact steps you’ll go through when applying for a car title loan in Toledo online? Keep reading!
- Step One: Fill out the pre-qualification form to give Title Loans serviced by LoanMart an overall idea of you and your vehicle. Depending on your answers, your car might even receive a pre-qualification loan on the spot1.
- Step Two: Don’t stray too far from your cellular device! A loan agent will be reaching out shortly to request more information from you. This can include requests for a form of identification, proof of income, and your car title. You will then be told where to send these documents.
- Step Three: Once you are approved, you can sign your loan agreement and choose the manner in which you would like to receive your funds. Your funds can even be added to your account via direct deposit if you choose to do so.
Once you have completed all three steps, you’ll have your money and can get on with the rest of your day1.
- Government-Issued Photo ID– Such as a state-issued ID, a driver’s license, or a current passport.
- Proof of Address– Such as a recent bill, a lease, a mortgage title, or a voter registration card.
- Proof of Income: Such as a recent pay stub, a statement from your bank, or any other official document to verify how you support yourself financially.
- Pictures of Your Vehicle: This typically includes photos of all visible sides of your car, your odometer, and your VIN.
- Your Car’s Title: The title must be in your name.
- References: Title Loans serviced by LoanMart accepts both professional and personal references.
After submitting all of the necessary documents, the car title loan process can move quickly. If Title Loans serviced by LoanMart requires any other information from you, a loan officer will reach out to you and let you know.
There is no exact timeline for the car title loan process so it’s impossible to say exactly how long it would take for you to be approved for a loan, but some applicants have been able to receive their loan within one business day after applying! In the past, some applicants have even received their cash the same day they’ve applied.
Title Loans serviced by LoanMart understands that life can throw you a curveball sometimes and send your finances into a tizzy. That’s why before you apply for a loan it’s imperative that you be certain you’ll be able to pay off your loan every month. If you think you might find yourself coming up short when your monthly payment is due, you may want to look into a different way of acquiring the money you need.
If, on the other hand, you do decide you’ll be able to keep up with your payments, please know that if at any time you cannot fulfill the terms of your loan, you may be at risk of repossession and your vehicle could potentially be sold at auction. If your payment date approaches and you realize you will fall short of the amount you owe, please contact at 567-666-7272. Title Loans serviced by LoanMart will work with you to try to help you keep possession of your car.
After you’ve been approved for a car title loan, you can choose how you’d like to receive your funds in one of the following three ways:
- Bank –Submit your routing and account numbers to have your payment wired to your account. But be aware that each bank differs in their payment process, which means the amount of time it will take you to receive your money will depend on the bank you use.
- Check – Don’t want to give out your banking information? No problem. Title Loans serviced by LoanMart is happy to issue you a check to cash at your bank or any other check cashing service near you.
- MoneyGram– the most popular option, you can stop at a MoneyGram location in Toledo to pick up your money.
If you choose MoneyGram to receive your funds, you can pick up your money at a variety of convenient locations around the city. Once you’ve decided on your preferred location, provide the transaction number given to you by your loan representative and a photo ID. Find a MoneyGram in the following Toledo stores:
- Other participating locations
Don’t spend another day hoping for a miracle. Make the miracle come to you with help from Title Loans! Click here and you may be able to receive your funds in as little as one business day with a car title loan in Toledo, OH1.