If you live in or near St. Helena Island, South Carolina there is a variety of financial assistance you can turn to if you are confronted by a sudden expense. A great option is a title loan. Title loans have several advantages over other types of loans:
- No lengthy application process – It may be possible for you to get your title loan in as little as one business day3.
- Competitive loan terms – You may be able to get better loan terms with a title loan because it is secured than on other types of short-term loans, which are unsecured.
Now that you can see the advantages of choosing a title loan over other types of financial assistance in St. Helena Island, South Carolina, see below to learn what you need for a title loan.
What do I need to get a LoanMart Title Loan?
You can apply for a title loan once you assemble the following documents:
- Clear-and-Free title for the vehicle
- Government-Issued Photo I.D. (Driver’s License, State I.D., Passport, etc.)
- Photos of the front, back, and sides of vehicle
- Proof of Income
- Proof of Residence (Certain pieces of mail)
What is considered proof of income for a LoanMart Title Loan?
A lot of people think the only way to demonstrate proof of income for a title loan is with a paystub. While that is one method, there are a number of other ways you can demonstrate your ability to repay a loan:
- Settlement/Court-Ordered Award
- Workers’ Compensation
- Social Security
How much money can I get with a Title Loan in South Carolina?
A number of things influence the amount you can borrow:
- Income (ability to repay the loan)
- Loan Terms
- Value of your vehicle
Title loans in South Carolina are typically issued for no less than $601. However, your income and the value of your car will ultimately determine how much money the lender is willing to let you borrow.
How do I get a copy of my vehicle’s title?
Your local department of motor vehicles (“DMV”) may be able to provide you with a copy of your car title. LoanMart may be able to direct you to the nearest DMV capable of expediting your duplicate title request. LoanMart may even be able to assist you directly with the duplicate title. If you can add LoanMart as a lienholder at that time, you may be able to speed up the loan process.
How much does interest cost for a Title Loan?
LoanMart can charge a maximum APR of 209% in South Carolina for a title loan.
Are there any costs other than the interest for a Title Loan?
Applying for a title loan with LoanMart is free. However, it is possible that there will be other fees and charges associated with the loan. LoanMart will provide all fees associated with the loan during the application process.
How long do I have to pay my Title Loan back?
LoanMart title loans in South Carolina have terms ranging from 12-48 months.
What happens if I fail to pay my Title Loan?
In the worst case scenario when a customer cannot make payments, the most effective strategy is to maintain constant communication with your lender. If you continually communicate and the lender knows where you stand, most lenders will work with you. All lenders want to work with their customers to help them pay the loan back by keeping an ongoing dialog. Payment plans and help are usually available. When a customer falls silent is when they run into issues.
The best way to handle your financial situation is to keep in contact with your lender. When you pick a lender that understands your financial situation, you can both work on a plan that will satisfy your lending terms and your current budget
How to get a Title Loan with LoanMart
Now that you’re familiar with title loans and what a good financial assistance option they are in St. Helena Island, South Carolina you can see they are a quick, efficient way to get funds in an emergency. LoanMart uses a streamlined application process which may enable you to receive the money within 24 hours3. Use your car with a free and clear title to potentially be eligible for a title loan of up to $50,0001.
With our easy process, we give you three ways to contact us that make it convenient for you:
- Visit a participating store
- Call 1-855-422-7412
- Apply online without leaving your home
Once you’ve figured out the best way for you to get in touch, all you have to do is follow these steps to get the money you need1:
- Complete the application
- Submit the required documents to LoanMart
- Review and sign your LoanMart agreement
- Collect your funds!
If you are in or around St. Helena Island, South Carolina, don’t let your budget be derailed by a sudden bill. Financial assistance from LoanMart may help get your budget back on track1.
Any other questions? Are you wondering whether a car title loan from LoanMart is really right for you? Call us today and our free customer service line would be happy to answer any of your questions or alleviate any concerns you may have. But if you are sure that getting a car title loan with LoanMart could be beneficial, you can also apply via our online application to see if you qualify.