Knowing What a Title Loan Is
A title loan serviced by LoanMart is a loan that’s designed to help people in times of financial need. That’s why this loan is intended to be as affordable as possible, so it can fit into almost anyone’s budget. It’s also why the processes for applying and repaying are as easy as they are.1
To obtain a title loan serviced by LoanMart, a person can apply online or over the phone.1 The inquiry process is rather fast, as it can be completed in just a few minutes.1 Applying will require that a person use their vehicle title as collateral. By doing so, just about anyone could be approved, so regardless if a person has bad credit or no credit history, they could still be approved for a loan!1
Though the best part about this loan is that a person can still drive their vehicle while paying back their monthly loan payments on time.
The Advantages of Title Loans in Oakland
One of the advantages of a title loan serviced by LoanMart is the fact that it can be obtained rather quickly once approved.1 But, that is not the only advantage this loan has to offer. Other advantages include:
Low Monthly Payments
In general, title loans usually have large monthly payments. While this may mean that the loan will be paid off sooner, it may make repayment difficult for some people. That’s why title loans serviced by LoanMart have lower monthly payments than many other loans.
Longer Loan Terms
Many loans have terms that can be rather short, and title loans are no exception. But title loans serviced by LoanMart are different. Since this loan was created to help people in times of need, they have loan terms that can extend for years.1 Thus, making repayment that much easier for people.
No Hidden Fees
Another thing that many loans have is hidden fees.5 Oftentimes people find that they have to deal with balloon payments or pre-payment penalties, though they were never mentioned when they got the loan.
But title loans serviced by LoanMart are not meant to burden people with surprise payments. That’s why these loans don’t come with hidden fees.5 So the only money anyone ever has to pay is their monthly payment when the payments are made on time.
Faster Acquisition of Funds
The process of getting a loan can sometimes be rather long. What with applying for a loan, then waiting to be approved. But since title loans serviced by LoanMart were designed to be as flexible as possible, applying for a loan can be completed in only a few short minutes.1 Plus, a person could receive their funds in as little as 24 hours and in some cases, a person could even get their funds the same day they apply.1
Accessing Your Funds Through MoneyGram in Oakland
After everything is said and done, and you’ve been approved for a title loan serviced by LoanMart, you can then pick up your funds from your local MoneyGram location.
In Oakland, Tennessee, there is one MoneyGram location in the area. To help you out, a map and the address of where the MoneyGram is has been provided.