Many title loan lenders have a “grace period” where if you are having second thoughts about a title loan, you can return the money and cancel the loan. Depending on the lender, the period before you are locked in is between 2 to 4 days.
With a commitment like a title loan, you want to make sure you know all the information you can about them and your options. You may be asking yourself, “How long do I have to cancel a title loan?”
Canceling a Title Loan
If you’re looking to cancel your title loan, you’ve come to the right place to learn about it. There could be many reasons why you would cancel a title loan. You could have found money that will help you pay for your emergency expense, or maybe a title loan just isn’t the right option for you.
If you’re not sure about getting a title loan, here’s your reassurance that there is no obligation to continue with your title loan for up to 3 days after you sign.
How to Cancel a Title Loan
If you want to cancel your title loan, there are no hard feelings. It’s easy to cancel the title loan. All you need to do is return the money in full if you change your mind. Once you return the money, your lender may waive the application fee and other charges that might have been associated with the loan. It’ll feel like you never had it.
Refinancing a Title Loan
If you have a title loan with another company and need to cancel your title loan because your monthly payments are too high, LoanMart may be able to help you refinance your loan to give you a better monthly payment1.
Refinancing a title loan is like applying for a new one.After you’ve submitted your application and a representative contacts you, just let them know you are trying to refinance an existing loan and they’ll take you through the process from there! Title Loans have some of the highest approval rates and competitive interest rates1.
The Benefits of Title Loans
Still unsure about a title loan? LoanMart wants to make sure you are ready and informed before you commit to a title loan. Applying allows you to take advantage of many different benefits.
Completely Online Process
The entire loan process can be completed online from the comfort of your home, office, car, or wherever you may be.
Exceptional Customer Service
We provide a customer experience above and beyond what you may expect. With a US-based call center, we work with you to make sure your title loan experience is positive and supportive. While our process can be completed online, you can still call us at any time to talk with us about a problem you may have.
However, if you are having second thoughts on a title loan serviced by LoanMart, we provide a three-day peace of mind guarantee. This means that if approved for a loan, you can try it for three days without being locked in1. During that time, you can choose to return the money in full, and we won’t take it personally!
If you are not having second thoughts about our title loans, our process goes through three simple steps!
Step 1- Apply now!
- Send your info online by filling out this form on your computer, tablet or smartphone.
- Or simply give us a call at 1-855-422-7412.
Step 2- Get approved1
- We just need several documents that you probably already have!
Step 3- Get your money!1
- After we get your paperwork, our team will contact you to talk about what your options are.
- After signing, you can choose how you get paid.
It is totally free to apply and takes just a few minutes. We’ll give you a free quote with no strings attached. And if you have any other questions or second thoughts, our loan specialists are here to help.