Can Title Loan Companies Repossess Cars (and other Vehicles)?

 
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Can Title Loan Companies Repossess Cars (and other Vehicles)?

Can title loan companies repossess your car? Yes they can, but LoanMart promises responsible customers that they can keep their keys and their car as long as they make the appropriate payments!

Auto Title Loan companies (or car title loan companies) have a bit of a negative reputation surrounding repossession claims, and LoanMart wants customers to know what’s true and what isn’t!

Keeping customers in the driver’s seat is priority one with LoanMart. Once a customer has been approved for a title loan, your keys will remain in your hands and free reign of your vehicle is yours; we don’t want to repossess your vehicle! Where would we even put it? LoanMart isn’t like some of the other brokers or lenders that have back lots to store repossessed items—no!  Your approval process shows us what type of person we’re dealing with! Though it’s always a possibility with folks that don’t adhere to the rules and the bargain they make, most customers will inform LoanMart when things end up getting a littler tougher, and by doing so, LoanMart is usually able to work with the customer on restructuring their payment plan!

Instead of garnering a late payment fee on top of a missed payment, give LoanMart a call to speak with your agent about what you can do to avoid any sort of mess like vehicle repossession or giant late fees! Vehicle repossession is a dirty subject and we at LoanMart pride ourselves in being a squeaky clean company that treats their customers like family. Family members help each other out, but to do so, communication is a big part of that! Get approved for an auto title loan today and see what we can do to help you get out of these trying times.

“Why should I choose LoanMart for a Title Loan?”

Since our inception in 2002, LoanMart has been one of the industry leaders in alternative lending across the nation. From the Windy City to the City of Angels, we’ve served people from all walks of life and guided them to the financial promise and gain that we preach about before approval. We provide our customers with informative and skilled representatives that will guide you through the process of a title loan and bestow knowledge about anything that you may inquire on the subject matter.

If you’ve attempted to obtain a loan from traditional lender, such as a bank or credit union, and felt the toll that the long and drawn-out process can take on you, don’t fret! LoanMart’s title loan process has been expedited, where your credit score is no longer a giant factor in the approval process. We realize how insane life can get sometimes and we aren’t concerned with your past!

Personal information and the security of that information is no laughing matter with us. LoanMart wants you to know that you can rest easy when you work with LoanMart for your title loan. Our encrypted network fends off any and every danger, keeping your information from falling into the wrong hands.

“But, what can LoanMart’s Title Loans offer me?”

Since 2002, LoanMart has been one of the largest alternative title loan lenders across the country and the biggest on the west coast! We at LoanMart never mean to boast, but we blow the competition out of the water with our security, features, benefits, and expedited application process that is sure to make you jump for joy! Upon approval you become a part of the LoanMart family and we only want for our family to succeed. A poor credit score shouldn’t sway you away from applying because our approval rates are incredibly high. Once you’ve joined the family, we will work to make sure that the funding you so desire is well on the way for your bills, vacations or whatever it is you may need it for.

Check out some of the features and benefits that LoanMart has to offer upon approval for a title loan:

  • There are never penalties for paying your loan early.
  • There aren’t any fees when seeking a quote or for an application, and there’s no pressure to continue once the information has come to light.
  • Highly intelligent and informative LoanMart agents are available 7 days a week to answer any inquiry you may have.
  • LoanMart has some of the industry’s most competitive rates!
  • Flexible payment periods and schedules will give you leeway to figure out what works for you.
  • Online account access can let you make payments and see all the information about your loan and payment schedule.
  • The new LoanMart app gives you access to your online account on the go!

Okay, I’m hooked—how do I apply for a Title Loan with LoanMart

As previously mentioned, LoanMart makes the auto title loan process swift and as painless as possible! There are multiple ways to begin:

  • Call us at 1-800-LoanMart toll-free to speak with one of our helpful representatives.
  • Visit one of the participating lender partners near your vicinity today!
  • Click ‘Chat Now’ to try the live chat feature, with one of our agents!

LoanMart’s application process is free, and there are no underlying or masquerading fees anywhere to be seen. Upon approval, you will need to submit these pieces of documentation so that you can be on your way to your funds:

  • Your state-issued photo ID (a Driver’s License is ideal)
  • Proof of qualifying free-and-clear vehicle title with your name on it (as the term ‘title loan’ implies)
  • Proof of residence (such as a bill or piece of mail)
  • Proof of income (a paystub or form of annuity)

After you’ve been approved, your LoanMart agent will talk to you about the auto title loan retrieval process, and how to receive your funding! Your payment schedule and plan should be laid out and (based on the equity of your car) you should have a solid number in your head of the amount of money you should be getting in return.  We want to let you know how excited we are to have you in the LoanMart family and what a smart decision you’ve made about your financial future! There’s no reason to get down about life’s curveballs as long as you’ve got LoanMart up to bat for you!

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