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YES! With title loans serviced by LoanMart, you can use a passport to get a car title loan. Upon approval for an auto title loan serviced by LoanMart, one important piece of documentation you must submit to finalize the loan is a valid, government-issued form of photo ID. Many times, title loan applicants meet this requirement by sending in a driver’s license or a state-issued ID, but a passport is also perfectly fine. Since a passport includes your picture and is issued to you by the government, you can use it when you submit your required documents to LoanMart.
Can All Passports Be Used To Obtain A Title Loan?
If you are looking for a quick cash loan using your passport and your car title, know that there can be some variations between title lenders in terms of the document requirements. Depending on the title loan lender you work with, certain passports may not be accepted. For auto title loans that are serviced by LoanMart, the key requirement is that the passport must be valid, which means that it cannot be expired. If your passport is expired, you can apply for a new one at a passport acceptance facility such as the USPS, or directly with the US Department of State.
How to Get a Title Loan with a Passport?
Borrow against your vehicle’s equity with your passport can be quick and easy if you are approved for title loan funding.1 Here’s the process to get an auto equity loan with your current passport:
- Apply online or call 855-422-7412 to complete an application over the phone
- Upon approval, submit all required documents for review1
- Once your documents are reviewed, choose your final loan terms and funding method
- Carefully review and sign your loan contract if you agree with all contract provisions
- Mail in your vehicle title and receive your funds, as soon as same-day!3
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What Documents Are Requirement for a Title Loan Besides a Passport?
Approved applicants who use their valid passport to prove their identity for a title loan serviced by LoanMart can expect to need a few additional documents once they are approved for title loan funds.1 Along with your government issued photo ID, the following documents will be required to get a title loan serviced by LoanMart:
- Proof of Residence – a recent official piece of mail such as a utility bill or phone bill.
- Proof of Income – a bank statement, a paystub, or benefit award letter if you receive benefits such as a pension. Ask your LoanMart title loan agent about other forms of income you can provide if none of these work for you.
- Vehicle Title – the vehicle title must be in your name, and in your possession (unless you are trying to get a title loan on a financed car).
- Car Pictures – clear pictures of your car from all sides, and pictures of the odometer and VIN. These pictures will be used for an online inspection and appraisal of your vehicle.
Who Qualifies for an Auto Title Loan With a Passport?
To get a title loan serviced by LoanMart using your passport, you need to meet the lender’s qualification criteria for title loan approval.1
The qualification requirements for an auto title loan, whether you use a passport or a different form of identification typically include:
- Be of legal age to submit an application and sign a loan contract
- Own a vehicle with sufficient equity
- Have sufficient income to afford monthly title loan payments
- Meet the title lender’s credit requirements
To find out if you qualify, you need to complete a full loan application. This initial submission should only take about 5 minutes to complete.2 The application will include key information about you and your vehicle. To submit a full application, you can either apply online or call us over the phone at 855-422-7412. After you fill out your application, you will know if you are approved right away. Upon approval, you can discuss your title loan approval with a loan officer.1
Benefits of Title Loans With Passport Serviced by LoanMart
Since 2002, LoanMart has been a leading servicer in the title loan business. We have helped people across the United States get financial assistance through auto title loans, and we want to help you too! Look at some of the reasons why LoanMart has serviced more than 250,000 customers:2
- Get your money as soon as the same business day3
- Competitive interest rates
- Experienced, knowledgeable and courteous title loan agents
- Participating money transfer locations to pick up your loan proceeds and make payments
- All credit types are welcome to apply
- No penalty fees for paying early
- Never any balloon payments
- No cost or obligation to apply
Whether you live in Lexington KY, Fort Wayne IN, Orlando FL, Visalia, CA or another of the hundreds of cities serviced by LoanMart, when you need financial assistance, you know one place where where you can turn. An application for a title loan serviced by LoanMart can get you started on your way to fast cash. With a wide range of documents accepted for your title loan, it can be easy to satisfy the application requirements for a title loan serviced by LoanMart. Apply today to see what you may qualify for!1
