Understanding What a Title Loan Is?
A title loan serviced by LoanMart is a one of a kind loan designed to help people in times of financial need. As such, almost anyone could be approved for this hassle-free loan if they have a qualifying vehicle and a reliable source of income.1
Being approved for a title loan requires that a person use their vehicle title as collateral. By doing so, almost anybody could obtain a title loan serviced by LoanMart—even those with bad credit!1
To apply for a title loan serviced by LoanMart, a person can hop online and complete the short inquiry in a matter of minutes.1 Funds are usually obtained within 24 hours, though in some instances a person could be funded the same day they apply!1
The Advantage of a Title Loan in Union City
Although gaining quick access to a title loan serviced by LoanMart in Union City is relatively easy to do, speed is not the only benefit this loan has to offer.1 Title loans serviced by LoanMart also offer other benefits, like:
No Hidden Fees
Hidden fees can take many different forms, like balloon payments or pre-payment penalties. And each added fee can make paying back a loan much more expensive for the borrower. But with a title loan serviced by LoanMart, there are no hidden fees!5
Low Monthly Payments
When it comes to title loans, monthly payments can vary quite a bit. But with a title loan serviced by LoanMart, monthly payments start low!
Long Loan Terms
Loan terms tend to be rather short when it comes to title loans—about 30 days or so. Shorter repayment periods mean that borrowers must struggle to quickly repay their loans. Title loans serviced by LoanMart though are not like other title loans, as they could have terms that extend for years!1
What to Spend Title Loan Funds On
Title loans serviced by LoanMart are designed to be used in times of need, so that is when they are best used. Borrowers have used their funds for various unexpected expenses, such as medical bills, funeral costs, and veterinary surgery.
Obtaining Funds from Your Local MoneyGram in Union City, Tennessee
Once a person has been approved for a title loan serviced by LoanMart, they can then obtain their funds from their nearest MoneyGram.
Those who reside in Union City, Tennessee have one MoneyGram location nearby. The location of this MoneyGram store can be found below, along with a helpful map.