Are Second Title Loans Safe?

 
You are here: Home » Information » Are Second Title Loans Safe?

Are you trying to get another car title loan but are concerned about your financial safety? Don’t cause yourself stress by sitting around and wondering are second title loans safe. When you’re struggling with your finances, the last thing you need to stress about is your financial security. When you get a second title loan with LoanMart, your finances and your information is safe and secure. We just want to make sure your finances are covered, and you get the money help you need.

Second Title Loan with LoanMart

LoanMart provides great customer service experience and competitive interest rates to our customers. This is why they come back to us when they need more money with a second title loan. We’ve helped our customers in all types of different financial situations:

  • medical expenses
  • unpaid bills
  • credit consolidation
  • emergency money
  • ­house or car repairs
  • even vacation spending money

With second title loans, you can either use the same car you had for your first title loan, use another car while you have a car title loan on the first, or even refinance a different auto title loan for lower rates.

Second Title Loans: Using the Same Car

If you’ve used your car for a previous car title loan, you are probably familiar with how car title loans work. It’s a great way to get the money you need to pay your expenses, without worrying about credit history or large amounts of documents.

Did you know you can use your car title as many times as you need to get a car title loan, as long as it has no other liens or holds? LoanMart has had many customers use their car’s title multiple times when they need to borrow money.

The only time you won’t be able to use your car title is if you have an existing car title loan that you’re still paying off. Because you have a car title loan with a lender, whether it’s LoanMart or another title loan company, that means there is a lien on the title of the vehicle. In order to get a car title loan, you need a clear-and-free title.

If you’re trying to get a second title loan to pay for your current title loan because your payments are too high, see refinancing with LoanMart below to see how we can get you a lower monthly payment.

Second Title Loans: Using a Second Vehicle Title

If you own a second vehicle, you can get another title loan using the second vehicle that you own. Like other traditional loans, you’re not limited to the amount of loans you can have. As long as you have a vehicle with a clear-and-free title in your name, you’ll be able to get a title loan. Even if it’s your second title loan.

If you have a vehicle in your and/or your spouse’s name, you can use that vehicle to get a loan with your spouse while you cosign the loan.

Refinancing Your Title Loan with LoanMart

Struggling to make your current monthly loan payment? You don’t need to get a second title loan to try and get a lower monthly payment. In fact, you can refinance your title loan with LoanMart to get your lower monthly rate1. LoanMart offers some of the most competitive interest rates to their customers, especially those looking to refinance. With our services, we want to make sure you find a payment to fit your budget.

Refinancing is just as easy as applying for a title loan. It’s actually the same process, except you just let your representative know that you are looking to refinance your current loan.

Financial Safety with LoanMart

When you need to get a second title loan, LoanMart takes important steps to ensure your financial safety. We pride ourselves on being transparent for our customers to provide all the information before you sign your loan. We want to ensure you that we have a secure system that does not share your financial information that would compromise your financial security. We have important safeguards that comply with federal and state standards.

Your Finances and a Second Title Loan

LoanMart offers competitive rates for our title loans, so when you are looking to take on a second loan, you can get terms that work for your budget1.

Look over your finances and budget to see what kind of loan terms you can afford. We want our customers to be successful in repayment. Once you’re ready to apply to LoanMart, we’ll have all the options ready for you!

To Apply for a Second Title Loan

Are you ready to apply for your second title loan? Getting a second title loan means you’ve been through the loan process before, and a LoanMart representative will be there to refresh you on the steps to applying.

  1. Apply in-person or online with your phone, tablet, or computer.
  2. Submit your documents to your LoanMart representative.
  3. Sign your documents and collect your funds1!

Information