What is a Title Loan and How Does it Work in Parma, Ohio?

A title loan serviced by LoanMart is a unique kind of title loan. The title of the borrower’s vehicle will be used as collateral against the loan.1

Eligibility and loan amount will be determined by the equity of the vehicle and a person’s ability to repay the loan.1 To make things as convenient as possible, with a title loan serviced by LoanMart you can keep and drive your vehicle while repaying.

Frequently Asked Questions about Title Loans in Parma, Ohio

  • What kinds of interest rates come with LoanMart Servicing Title Loans in Parma, OH?
    Title Loans serviced by LoanMart in Parma, OH come with competitive industry-wide interest rates.
  • Can you get more than one title loan with LoanMart Servicing Title Loans in Parma, OH?
    Only 1 title loan per any 1 vehicle is allowed at a time. However, if you have a second car in a spouse or partners’ name it may be possible to take out an additional title loan using the alternative car.
  • Do I have to go to LoanMart Servicing Title Loans in Parma, OH in person to get a title loan?
    No! Title Loans serviced by LoanMart in Parma, OH are available online.

What are the Benefits of Getting Funded through a Title Loan in Parma, Ohio?

Here are some of the benefits that may come with a title loan serviced by LoanMart in Parma, Ohio:

Low Repayment Rates for Residents of Parma, Ohio

Title loan borrowers in Parma, Ohio will have low monthly payments! Title loans serviced by LoanMart were intended to be affordable for a wide range of budgets and the monthly payments reflect that!

Years for Repayment in Parma, Ohio

Residents of Parma, Ohio could have years to pay back their title loan serviced by LoanMart.1 Most other title loans typically give borrowers anywhere from three months up to one year. More time means more manageability and flexibility.

Quick Funding Service in Parma, Ohio

Title loans serviced by LoanMart can offer residents of Parma, Ohio the ability to withdraw funds as soon as the same day that they apply!1

You Can Keep Driving Your Vehicle in Parma, Ohio

Even though your vehicle will be used as collateral against a title loan serviced by LoanMart, you can keep and drive your vehicle while repaying the loan.

Get Your Title Loan Funds in Parma, Ohio Using MoneyGram!

To get your approved title loan funds easily, you can withdraw them at any MoneyGram location in Parma!

Here is a 6-step guide to withdrawing funds:

  1. Save the withdrawal order from MoneyGram on your PC or smartphone.
  2. Print out the withdrawal order/take a screen capture of it.
  3. Select the most convenient MoneyGram spot for you in Parma.
  4. Check the directory below to ask for customer service hours.
  5. Drive to the MoneyGram spot that you picked.
  6. Show your receipt and follow their instructions to get your funds.

Below you’ll find a map and a list of MoneyGram locations in Parma, Ohio: