What is an Auto Title Loan?
An auto title loan is secured with your car. LoanMart is added to your car's title, but you can keep driving the car while repaying your loan (same as a bank does when you refinance the purchase of a car).
Thousands of people choose auto title loans because they're faster than other ways of borrowing. It's possible to have money in your hands in as little as one business day, and in some cases the SAME day1. These loans are also easier to get than others — you don't even need a great credit score.
Step 1: Click, Call or Visit
There are three easy ways you can apply for an Auto Title Loan:
- Submit your info online by filling out this form on your computer, tablet or smartphone
- Give us a call at 1-855-422-7412
- Visit a participating store
It is totally free to apply and takes just a few minutes. In less than an hour, we can let you know whether you are approved, and the amount that we can lend to you1. If you have any questions, our loan specialists are here to help.
Step 2: Submit your Documents
We will need a few things from you. But don't worry, we won't make you climb mountains and cross the Seven Seas. We typically only need the documents listed below.
- A car title in your name for a qualifying car
- A government-issued photo ID, such as a driver’s license
- Proof of income showing your ability to repay the loan (paycheck stubs, invoices, bank account statements, etc.)
- Proof of residence (a piece of recent mail like a utility bill will work)
Our agents are here if you need help submitting these documents. You can fax or email them, or use your smartphone or tablet to snap pictures and send.
Step 3: Get Your Money1
After we get your documents, you sign the loan paperwork and choose how to get paid — electronically, with a check, or by visiting one of the participating store locations in your neighborhood. In some cases you can even go to your Walmart money center and pick up the funds through MoneyGram.
Why Choose LoanMart?
LoanMart has grown as a company to be able to offer things that the others can't — like the most competitive rates and online account access. We even have our own DMV processing team, so you don't have to waste time waiting in long lines. We will do all we can to help you get the money you need quickly.
For Title Loans in your city, please
choose one of the following links:
Title Loans in Los AngelesTitle Loans in Riverside
Title Loans in San Diego
Title Loans in Compton
Picking the Right Car
Choosing LoanMart is a great first step in paying off your urgent expenses. You’ll get the money and get to keep driving your car while easily making your loan payments. You can have peace of mind knowing we are only holding on to your vehicle's title. The next step is choosing which car we will work with.
Why your Vehicle may be your Best Loan Option
If you already own a car, it just makes sense. Take advantage of the value on your vehicle. You bought a car and now you have a valuable asset that you can use to get a fast loan. Even if you have some money left on your car payment, LoanMart won’t let that hold you back.
What cars will qualify?
We are usually able to work with a wide variety of cars. The car’s condition and age matter most when it comes to how much we might be able to lend to you. Cars that typically receive the most with LoanMart's auto title loans are newer, have limited damage and are connected to a clear car title. A slightly used 2006 Honda Civic, for example, would probably get you more than a 1986 Toyota that has been in multiple accidents. We want to make sure that we are able to provide you with a fair and respectable loan amount no matter what kind of car you own.
If you have any questions about your car or need some assistance during the submission process, our loan specialists are standing by to help you: call us or visit our FAQ page.
HAVE THOUGHT OF
Unconventional rides (like motorcycles, trucks or classic cars) can qualify for an auto title loan with LoanMart too. We recommend that you call us directly directly to better judge the equity of your unique vehicle.
If I own more than one car, which car should I try with?
If you own more than one car, it is important to choose the right one in order to get the specific loan you need. Although there are other factors, the main thing that determines the amount of money you could qualify for is the equity in your vehicle.
With that in mind, we recommend that you first decide how much you wish to receive from LoanMart. If you think your car's market value matches the amount you hope to receive, it is a good fit.
If you have multiple vehicles, consider the amount you need, and then choose the car that is closest to that number. Choosing the most valuable car could qualify you for an amount that is greater than what you need or can afford. In the same way, a car that is worth less may not give you enough funds. If you still can’t decide, it’s okay to submit more than one car at a time. We’ll help you choose the one that’s the best fit for you.
If a customer is unable to make the payments, we will do our best to work with them to avoid repossession of their car. Our goal is to help our customers out of a financial jam without making them lose their car. This is a level of understanding that would be hard to find with auto pawn loans. Let’s face it—why would they care if your car is sitting in their back lot behind a fence? We do.
Our process has been streamlined to be quick and easy. Begin now so we can help get you the money you need as fast as one business day from submission.
What if you have two names on your car's title?
Your car can qualify for an auto title loan even if there are multiple names on your car's title. As long as you are noted as a legal owner of the vehicle, you can submit the title for an auto title loan. However, if you’re sharing a car with someone who is on the title, they will also have to submit their information. A more detailed answer:
- If your title has “or” between your name and another person’s name, you are good to go.
- If your title has “and/or” between your name and another person’s name, give us a call to learn more about the requirements.
- If your title has “and” between your name and another person’s name, the other person legally owns it as well and you both need to apply.
If you want to know more about the names on a car’s title please feel free to call us or visit our FAQ page
Sending in Your Pictures
Unsecured loans are their own category of loan. They can also be called installment or signature loans, but they’re the same thing.
We will need photos of your car to help determine its condition. Most smartphone cameras will do. Take the pictures outside in bright natural light. The clearer they are, the easier it is for us to judge the value and the condition of your vehicle. This will help us process your loan faster.
front view
Take a picture of the front of your vehicle. Hold the camera steady and wait for it to focus well.
back view
Get a photo of the rear of your vehicle. Make sure that reflections don't wash out the image.
DRIVER-SIDE VIEW
Take a picture of the side of the vehicle where the driver sits. Make sure it shows the entire side of the car from top to bottom and front to back.
PASSENGER-SIDE VIEW
Snap a picture of the side of the car where the front-seat passenger sits. Make sure the car is not too far away in the photo.
ODOMETER VIEW
Get a close-up image of the odometer so we can see how many miles are on your car. You may need to turn off your flash to avoid reflections.
VIN (VEHICLE IDENTIFICATION NUMBER)
This is found inside the driver’s door (looks like a label) when you open it. You can also see it through the window on the driver’s side. Take a picture of the number wherever you find it and make sure we will be able to read it.
Where do I send the photos?
Once you have these photos, send them to us using any of these methods:
- Email them to lmdocs@loanmart.com
- Text them to 1-818-521-2470
- Drop them off at a local participating location. Use our store locator to find the participating store nearest to you.
