It’s easy to confuse these terms, but a title loan buyout vs refinance are different. Unlike refinancing, a buyout is not the borrower’s decision.
At LoanMart, we consider it our duty to inform you about what takes place if a borrower defaults on a title loan along with all other aspects of the title loan process so that you feel equipped to make the best decision. We also wish to inform you of all the ways in which we can help during those times.
Since your loan depends largely on how much the car is worth, we get why you would want to get an idea of how to value a car for a title loan before you continue.
At LoanMart, we know that each car is as unique as its owner’s situation. We review each car on an individual basis. So, applying is the best way to find out what are the types of cars that qualify for a title loan. But, you can read more about how we decide here.
Are you considering becoming a co-signer on someone else’s car title loan? Or are you considering using a co-signer for your car title loan? Read about co-signers and car title loans first.
We want you to be able to pay off your loan just as much as you do. We even encourage you to pay it off early if you’re able to. This is why we’ve put together some tips on how to repay a title loan fast- maybe even sooner than you thought possible.
When making a decision to borrow money, it is always wise to be familiar with the company that you are working with and know that they genuinely care about you and put the customer first. That is exactly what LoanMart’s customer service is like.
How does a borrower get the best interest rate on their car title loan? Proper preparation and research are the best ways to get the best interest rates on a car title loan.
Paperwork is easy to misplace, and everyone loses important documents at one point or another. Don’t worry if your car title is lost, we may still be able to help you get a car title loan with a missing title.
In a car title loan, your automobile is used as collateral to secure the funds you need. LoanMart would then be the lienholder on the automobile and our name will appear on your title. Once the loan has been paid in full, the lien is completely released.