Here at LoanMart, we are focused on providing our qualified customers with access to funds when they need it the most, and also to educating our consumers about their borrowing options. We want them to be approved for an online title loan if it is the right choice and we are always available to address any concerns about the process.
How it Works
Online title loans are simple. Once our application has been completed and we received a few basic pieces of documentation, we’ll process the loan. If the loan is approved, we’ll hold the car’s title until the loan is paid in full.
With our car loan title process, the borrower can keep driving their car even as they access the money invested in it. We don’t want a customer to have to sell their automobile to get by, and we know how important transportation is to keeping a family moving in a fast-paced world.
Does My Car Have to be Paid Off to Get a Title Loan?
If the car, truck, SUV or van is owned and is less than ten years old, a customer may be able to access their investment with the help of LoanMart.
The car does not necessarily need to be paid off in order for a customer to benefit from an online title loan. If they have a few payments left on their original auto loan, we may be able to work with a bank, credit union or dealership to pay off the existing loan and provide the borrower with the extra funds.
The amount a customer can borrow is based on their automobile’s value and the equity in it. State laws may also regulate how much can be borrowed, but we are here to ensure that our customers get the maximum value for their loan.
Give Us a Call
Call us today at 1-800-LoanMart to discuss borrowing options. We are here to teach more about the online title loan process.