It seems like there are almost too many different kinds of lenders out there! If you are looking for some fast funding, you have some options. Here are some types of funding that tend to appeal to people who are looking for fast cash:
- Cash advances
- Payday loans
- Signature loans
- Registration loans
- Car pawn
- Installment loans
- Car title loans
But if you are not careful you could end up getting yourself into a lot of debt with some of these types of funding. Let’s take a closer look and find out why.
If you have the proper kind of credit card or a bank willing to distribute funding, you might be able to get a cash advance. But if you are looking for a sufficient amount of funding, a cash advance might not be for you.
Other types of funding like payday loans, signature loans, and registration loans can leave you owing more money than your original loan balance was in the first place. This is because payday loans, signature loans, and registration loans come with very high interest rates almost every single time.
If you want to avoid high interest rates, you could try a car pawn. A car pawn can be a good option if you do not need your car for a while. When you get a car pawn you are typically required to give up your vehicle while the pawn shop holds onto it until you pay back the loan in full. If you or your family rely on your vehicle to get to and from work, school, or other important places, a car pawn is most likely not for you.
Basically, payday loans, signature loans, registration loans, and car pawns can leave you in the following situations:
- Not having enough money that you need
- Falling into more debt because of high interest rates
- Without a vehicle for you or your family
If you want to avoid those kinds of situations, an installment car title loan is probably the right answer for you.
What is an Installment Car Title Loan?
If you are looking for a fast way to receive funding that is sufficient for what you need and doesn’t have super high interest rates, an auto title loan from LoanMart could be the answer for you.
People from all over the country like LoanMart because you may be able to get fast funding, interest that won’t make you feel like you’re drowning, and you keep your car when you stay on top of your manageable monthly installments.
A car title loan is an installment loan because you don’t have to pay back your entire loan balance all in one payment like you typically do with other types of funding, like payday loans. Instead, your LoanMart payment plan can be made up of convenient terms and competitive rates.
With LoanMart car title loans, it is possible for you to receive your sufficient funding in as little as one business day3! All you have to do to get started is fill out a brief information request that you can find on the official LoanMart homepage.
After you have been approved, you can send in the required documents to your LoanMart title loan agent, and we can draw up your contract for you to sign.
When you sign your LoanMart car title loan contract and get your money, LoanMart will also sign onto your vehicle as a lienholder. But this is just for the duration of your loan. Remember that as long as you make your monthly payments you keep your car. LoanMart won’t make you give your car to us when we distribute funding like a car pawn typically would.
What Are Users Saying About LoanMart Car Title Loans?
If you’re thinking about getting a LoanMart car title loan, you might be wondering what other people are saying about them. Check out some of the things that people have said about LoanMart auto title loans:
- “Thank you LoanMart! The application process was easy, and I was pleased with how quickly I was able to receive the loan.” -Vik
- [LoanMart is] truly a blessing in this time of an emergency. I am grateful for your trust.” – Carolyn D
- “Christian in Originations did an excellent job at providing customer service, he was very professional and went above and beyond to assist me and provide great service.” -Raphael L.
- “… would definitely recommend others to do the same loan!” -J. Rios
If you would like to read ever more personal stories that people have sent in to us, feel free to read through the awesome LoanMart testimonial page!
It only takes one click to get started, begin your LoanMart car title loan today1, and get your money tomorrow3!