Get the Best Title Loan in Oakland? It’s Easier Than You Think
Oakland is a historically rich city that has witnessed political activism, a rising economy, and the communizing of various cultures that has made Oakland one of the most ethnically diverse cities in the country.
This colorful city is on the list of California’s must-see travel destinations. And if you reside in Oakland, then you know firsthand just how special this city is. But did you know that residing in Oakland also means you may have easy access to the financial money you need in an emergency1?
LoanMart provides citizens of Oakland, California with the opportunity to pull themselves out of a financial crisis with the convenience of a car title loan1. You could be able to get up to $30,000 in emergency money1.
The Oakland Car Title Loan Process
LoanMart has made the process of inquiring about a car title loan fast and convenient. We understand that life can be unpredictable. Sometimes folks need emergency money to handle whatever comes their way. And that’s ok!
Loan companies are not big, evil corporations set out to ruin your already precarious finances. Well, not all of them. At LoanMart we know that people aren’t always going to have savings or extra money in the bank allotted to pay those unexpected bills or afford that expensive veterinary cost.
That’s why we offer car title loans. If you’re eligible, you can receive the emergency monetary funds you need now1!
Inquiring about a car title loan is as easy as following three steps. Here’s how:
1. Inquiry and Questionnaire
To begin the process of receiving the emergency money you need, you will need to fill out the quick 5 minute questionnaire. You will be asked about your car, your monthly income, and personal information. You can start the inquiry by visiting the LoanMart website or by calling 1-844-237-5530.
2. Documentation and Approval
After you finish the inquiry, you will be informed right away if you are approved. This quick evaluation is but one of the reasons that LoanMart works differently than other lenders. If you decide to accept the quote, you will be asked to send in some documentation verifying your identification, proof of residence, and car ownership.
3. Receiving Your Monetary Funds!
After sending us your documentation and any additional information we may need, LoanMart will draw up a contract with terms tailored to your unique situation1. You will be asked how you would like to collect your money. You will have the option of receiving the money via direct deposit, having a check sent in the mail, or picking up your money at the nearest neighborhood MoneyGram, licensed LoanMart location, or participating store.
Car Title Loan 101
Car title loans are available to people currently facing a financial disaster1. Unexpected bills and charges can come out of nowhere and many people aren’t prepared to handle them. After all, most people don’t expect major financial storms to hit them. Hospital bills, lawsuits, funeral costs, and veterinary costs are but some of the struggles our borrowers face.
Car title loans may allow drivers with vehicles in their possession to get the emergency money they need without having to sell their cars1. Unlike some lenders that require borrowers to give over their vehicles for holding, LoanMart prefers that people keep their cars. After all, we know that living and working without reliable transportation can be frustrating. We’ve been there.
Car title loans offer people peace of mind by securing them with the money they need to tackle that expensive bill. But how exactly does a car title loan work?
A borrower with a working car title in their name gives that car title to a lender such as LoanMart. In case of default, when borrowers stop paying their monthly loan bills, the lender may repossess the car. The car acts as collateral for the lender so that they may retrieve their money in case a borrower can’t pay back their loan.
There are many benefits to acquiring a car title loan. When compared to other types of loans, car title loans offer faster service. These type of loans are secured so the risk to the lender is less. This can mean borrowers could receive longer repayment plans, higher loan values, and affordable interest rates1.
The LoanMart Title Loans Difference
LoanMart is a dependable loan company that began in Sherman Oaks, California back in 2002. What once was a humble neighborhood shop, quickly grew into a large, national company that has helped over 250,000 customers² and counting through LoanMart.
With superior service, LoanMart has strived to change people’s perceptions of loan companies by providing unmatched customer service. A customer’s satisfaction is at the heart of everything we do. We understand that people are not to blame for the financial calamity that has befallen on them. That’s why if you have any concerns or issues, either during the inquiry or your repayment process, we are here to assist.
LoanMart is transparent about any and all financial expectations and obligations. We want to make sure you completely understand the contract terms and your repayment schedule, so that you can make the best financial decision for yourself. We provide borrowers with the resources and support they need so that there are no surprises.
Our customers’ trust is everything to us. You can be assured that your personal information is secure and safe with us. We take measures to prevent any misuse so that the only thing you worry about is getting those finances.
If you already have a loan from an existing lender that’s not LoanMart, you may have the option to refinance through us1. If you’re eligible, we’ll take over your existing loan and in turn provide you with affordable interest rates and terms.
Although LoanMart is a relatively large company, we are a non-traditional loan company. This means that we are able to provide greater care to our customers. We aim to help as many people as possible and can accommodate our loans to most everyone’s unique situation, often in 24 hours or less3.
We provide borrowers with a 3 day grace period4. If on the fifth day, or any time before, you decide that a car title loan isn’t for you, or if you are able to acquire the money you need through some other means, we’ll waive the application fees. Just make sure to follow the proper procedure.
See why LoanMart continues to be the premier choice of lender for many located in Oakland, California and beyond. Inquire today to see if we can provide you with the service you’ve been lacking.
Real Customer Testimonials
At LoanMart, we’re confident in our ability to provide the finest customer service. So confident, that we’ve dedicated a full page on our website to display the generous comments real customers have written. You can read the comments for yourself on our testimonial page.
Not to brag, but there are too many comments to list on this page. But here are a few comments that touch on LoanMart’s commitment to satisfaction.
“This loan played a huge part in saving me and my family from a disaster.”
- Rigoberto H
“This meant everything to me during my tough family time.”
– Diane W
“The experience was easy, informative, and good overall.”
– R. Mejia
“The application process was easy, and I was pleased with how quickly I was able to receive the loan.”
“The process was really easy and quick!”
– J. Rios
“I was in a serious financial crunch and 1800LoanMart made the difference in keeping my house.”
LoanMart has served over 250,000 customers2. We’ve received a lot of lovely comments from them regarding our exceptional service and compassion. We display our customers’ comments proudly because at LoanMart we work hard to give borrowers the best service and experience. Take a look for yourself!
What Loan Options Are Available To Me?
Deciding on the type of loan that may be suitable for you can be overwhelming and confusing. There are a lot of options available to you, and they all provide different terms, interest rates, collateral, and loan values.
To help make deciding on a loan easier for you, here is a simplified and generalized breakdown of the loan options available so you can make the best financial decision for yourself1.
A pawn loan is secured by pawning a personal valuable items and giving them to the lender for safekeeping.
Between 20%-50% of your vehicle’s value
Also known as a cash advance, the borrower typically writes a post-dated check to the lender in exchange for a short-term cash loan.
$300 maximum loan size
An unsecured loan is a loan without collateral. These hold a higher risk for lenders and generally have higher interest rates.
$1,500-$3,100 maximum loan size
LoanMart Auto Title Loan
A LoanMart car title loan is secure loan with collateral. But unlike a pawn shop, you can keep your car as you pay off the loan!
Borrow up to 120% of your car’s equity
At LoanMart, we strive to offer competitive interest rates and terms1. We are one of the only secure lenders that allow borrowers the ability to keep their car.
But only you can decide if acquiring a loan is right for you, and only you can decide the best type of loan that will fit your financial needs. To learn more about the types of loan options available, click here.
If you decide to work with us, be confident that you are making a decision that over 250,000 customers have made before you2.
Are Car Title Loans Worth It?
Getting any type of loan can be intimidating, and you may find yourself feeling uncertain. At LoanMart, we aim to make the process streamlined and easy¹. We want you to be certain of your decision to not only work with us, but to take on a financial loan.
Loans are widely available and seemingly easy to apply for in this day and age. Gone are the days when you would have to put on your Sunday best to ask for a loan at the bank. But you want to make sure that the loan you acquire will suit your needs best, and that you work with a company you can trust.
Applying for a car title loan is an important decision that is not to be taken lightly. To start your research, here are a few differences between a car title loan and a traditional loan:
- Traditional loans: These types of loans are given by a bank and typically unsecured. This simply means there’s no collateral to guarantee repayment. High risk loans come with higher interest rates. Bank loans give approval based on a potential borrower’s credit score, so if you have a low credit score there is a higher possibility you may not be approved.
- Car Title loans: These types of loans use your car title as collateral to guarantee payment. This makes the loan secure, and thus, usually a lower risk for the lender. Car title loans also tend to take on more customers with low credit scores.
Car title loans may offer more advantages to borrowers than bank loans or other lenders. But if you’re already looking into car title loans, you may want to know why LoanMart is the superior choice among them. Here are a few reasons why borrowers choose to work with LoanMart.
- Get Money Quickly1: If eligible, you may be able to receive your money in as little as one business day3!
- Credit Doesn’t Generally Matter: Loan approval usually is based on the equity in your car and your ability to repay the loan3. We’ve approved people with all types of credit scores.
- Keep Your Car: At LoanMart, we know how important reliable transportation is. So, you keep your car while paying off your loan with a LoanMart car title loan.
- Easy Process: Loan inquires can be stressful, but LoanMart has streamlined the process into 3 simple steps for your convenience.
- Competitive Interest Rates1: We customize every loan to fit every borrower’s unique situation¹. At LoanMart we keep our rates competitive.
- Customer Service: LoanMart works hard for you. We try and make the process smooth. But if you run into any trouble, contact us. We’d love to hear from you and we’ll try to fix the situation.
- Longer Loan Terms: We customize our customers’ loan terms and payment schedules with longer terms ranging from 12 to 48 months.
- No Prepayment Penalties: We never charge any prepayment penalties so you can pay off your loan as early as you like to save on interest.
Inquiring about a loan can be frustrating and you may feel lost. But at LoanMart, we try and make the process as easy to understand as it is to follow. You may be able to complete your inquiry in 5 minutes or less! And you will know right away if you are approved for a car title loan. Making this decision is not easy, but we hope to make it less stressful than it needs to be. We look forward to helping you when you decide to work with us.
Paying your LoanMart monthly bill can be easy. We send you monthly statements with your billing amount, due date, previous payment history, important messages regarding your account, and basic account information.
There are several options for repayment. Choose the option that is most convenient for you:
- Pay through the mobile app
- Pay online using the MyAccount tab
- Pay by phone with a credit card, debit card, or a check (fees may apply)
- Set up automatic electronic payments from your bank account
- Mail payments
- Visit a participating store
LoanMart wants to make easy for you to repay your loans. Repayment shouldn’t be stressful, so we offer various payment options from which you are able to choose.
What if I Decide I Don’t Want a Car Title Loan?
What if you go through the car title loan process and sign a contract, but decide to cancel? If you found the emergency money you need through another lender or method, that’s ok!
At LoanMart we offer a cancellation plan unlike other lenders, our 3-day cancellation policy4! Consider it like a free loan trial. If for whatever reason you decide a car title loan isn’t for you, you can cancel your contract.
If you cancel within 3 days of signing, we will waive the application fee and other charges associated with your title loan.
All you have to do is follow these two steps:
- Send a letter in writing to LoanMart by midnight of the sixth calendar day from signing
- Return the money you received in full within one business day of the letter
That’s it! Once you have returned the money and we receive your letter, the inquiry charges associated with your account will be waived.
Can I Refinance with a LoanMart Auto Title Loan?
If you have a loan from another lender that is not LoanMart, you can absolutely inquire about refinancing! We offer people the ability to receive a refinanced loan so that they can be completely satisfied with their car title loan¹.
If you are facing high monthly payments, hidden fees, or if the customer service is subpar at your current loan provider, consider LoanMart for car title loan refinancing.
We are based in the United States and we offer exceptional customer service. At LoanMart, we make our customers top priority, after all, we wouldn’t have a business if it weren’t for you!
No matter the issue, we are here to lend an ear and hopefully a quick solution¹. We offer competitive interest rates, and modify our customers’ monthly payments to each individual situation.
LoanMart offers its customers a 3 day cancellation policy⁴. This means that if for whatever reason you decide against a car title loan, you won’t be held accountable. If we receive your letter detailing your decision and the money within 3 days, we will waive the fees.
Inquiring about a refinanced loan is as easy as inquiring for a new one. Here are the steps:
- Start here—Inquire online, over the phone, or at a participating store in your area.
- Documentation—You will be asked to send in your documents and pictures of your car through text or email. Let your representative know you are refinancing.
- New account—Your new account will be established under LoanMart and you can begin making new payments.
Send in your documents and begin making new payments under LoanMart’s competitive interest rates and terms¹.
Repossession: The Process
Repossession occurs when a borrower defaults on a loan by continuously failing to make their monthly payments. The number of missed payments that result in default vary by state.
If you find yourself struggling to make your payments, contact your LoanMart representative right away! We can try to help you by adjusting your monthly payment or setting you up with new payment terms.
But if you neglect to inform your representative and default on your loans, your car will be repossessed. We don’t want your car, but this will be the only option left to us if you don’t stay in communication.
In case of repossession, your car will be taken to a tow yard. Your car will remain secured until you and your LoanMart representative can discuss the financial issues that have risen and confront them.
But if your car continues to remain in the tow yard and you don’t make an effort to resolve the issue, your car will be sent to an auction. This means your car will be sold to the highest bidder.
If the money received at the auction exceeds the balance due on the loan, you won’t have to make any more payments. However, if the money received from your car is less than the balance due on the loan, you will be responsible for the difference.
LoanMart works hard to make sure that repossession is the last possible option. We don’t want your car, really! We would much rather help you tackle the financial dilemmas that have temporarily taken over your life. So keep in touch with us, and allow us the opportunity to help you1.
Title Loan Stores Located In Oakland
If you’re interested in inquiring about an auto title loan from LoanMart, you can visit one of the many participating stores located in California. There are many participating title loan stores located in Oakland alone!
We work in partnership with ACE Cash Express, Payday Money Centers, Continental Currency Services, Inc., and others.
At LoanMart we understand that acquiring a car title loan is an important financial decision. But at LoanMart, we believe that we are one of the better options available to borrowers.
We are proud of our wholesome values, and make it our mission to provide ethical business practices with competitive interest rates and terms. We strive to provide compassionate and helpful customer service when you need it.
We started as a small business back in 2002, but quickly grew into a large company with the same high standards and expectations we had when we were small. We continue to try and help those that need emergency financial help, no matter the circumstances¹.
Inquire today and see why LoanMart has amassed over 250,000 customers over the years².