What is a Title Loan Serviced by LoanMart?
Title loans serviced by LoanMart are a type of loan that’s been created to help those in times of financial need. These loans are quite affordable and very flexible. Because of this, almost anyone could be approved1.
To be approved for a title loan serviced by LoanMart a person will need to use their vehicle’s title as collateral. By using a vehicle’s title as collateral, almost anyone could get a loan – even those with bad or no credit1.
Applying for a title loan serviced by LoanMart is rather convenient too, as the process can be completed online in just a matter of minutes. While borrowers could receive their funds within 24 hours, in some cases person could be funded the same day they apply1!
In addition to all of that, a person can continue to drive their vehicle while they continue paying the loan.
The Advantages of a Title Loan Serviced by LoanMart
While a title loan serviced by LoanMart the funds can be obtained rather quickly, it also has a number of other benefits as well, such as:
Longer Loan Terms¹
With most title loans, term lengths can be rather short, with loans typically being paid back within 30 days. Title loans serviced by LoanMart are designed to help, that’s why loans could have terms that extend as long as 3 years¹
Lower Monthly Payments¹
Along with the extended loan terms, title loans serviced by LoanMart also offer low monthly payments as well¹. Monthly payments start low and each month the payments could get lower¹. So by the time someone makes their last payment, they could be paying half of what their first payment was¹.
Zero Hidden Fees5
Where other lenders have been known to add hidden fees to their loans to make more money, such as balloon payments or pre-payment penalties, Title loans serviced by LoanMart don’t 5. That way, people only have to think about paying their monthly bill when their payments are made on time.
Obtaining More Funds¹
While some loans are set up so you can’t borrow more funds until the loan is paid back, these title loans are set up differently. If a person needs to borrow more funds, they could apply for more funding. Plus, the new loan could come with a discounted rate1!
Get Funds Through Your Local MoneyGram in Eagleton Village, Tennessee¹
After a person has been approved for a title loan serviced by LoanMart and they have signed the contract, funds can then be picked up at any MoneyGram location.
For residents living in Eagleton Village, Tennessee, there are multiple MoneyGram locations in the area!