There is a certain level of risk involved when borrowing money, for both the lender and borrower. Lenders use loan underwriting tools, including credit reports and income verification to assess and lower those risks, and consumers can use review platforms like Trustpilot or the Better Business Bureau to research a lenderâs reputation and make sure they are dealing with a legitimate loan provider. Ideally, in the end, both parties are happy at the end of the loan process.
Is LoanMart legit?
Yes, LoanMart is a legitimate company, established in California more than 20 years ago. At LoanMart, we understand that trust and reputation is critical when choosing a lender. LoanMart is properly licensed as applicable in the states where we market and service title loans. We work hard to be transparent and honest with our customers so they know what to expect from the beginning of the loan application until the loan is paid off. We provide a valuable service to our customers who need funds for emergencies or unforeseen financial circumstances. We may be able to help any consumer who owns a car, truck, van or SUV who is in need of emergency cash.1
Consumer Protections in Lending
While we strive to be transparent with our customers above and beyond legal requirements, our practices and policies are focused on and guided by all applicable consumer protection laws. This includes that we donât market or service products with any of the following characteristics:
- Upfront money or a large cash deposit required
- Rapidly fluctuating interest rates
- Excessive fees
- Balloon payments
- Additional fee-based services that provide no value to the borrower
What are the Benefits of Car Title Loans?
Car Title Loans allow you to access cash youâve previously invested in your automobile without being forced to sell your car. Repayment terms are set on an individual basis, but we work with you to ensure that you have the income available to repay the Auto Title Loan during the set amount of time1.
Call Our Team
Take the first step and call our toll-free hotline to speak with a specialist.
You may be eligible for a Car Title Loan online through LoanMart even if you have several payments left on your original loan for your automobile. If you are unable to obtain a loan on your own, you may choose to have a coborrower to ensure that you get the money you need when you need it.
Unlike other title loan options, we donât require that you visit the LoanMart office when obtaining a loan â we only require you to fill out a simple online application and provide us with several pieces of documentation to verify your eligibility. Weâll assess the value of your automobile and determine your equity before making a final decision about your auto title loan.
Choose the Best for Car Title Loans
When you need help making your automobile work for you, choose a legit company with experience and a solid reputation in the industry. The representatives here at LoanMart can answer any questions or concerns you may have about title loans and consumer protections.
Call us today at 1-800-LoanMart to begin your application.