You can do many things with an auto title loan from LoanMart, but can you actually use a title loan to buy a car?
Are you in the market for a second car but don’t have the emergency cash to buy a new one now? You can use your existing car to help you get the money you need in as little as one business day when you get an auto title loan with LoanMart3!
Finding the money you need for large yet important purchases, such as a new car, can be extremely difficult. Who has hundreds or thousands of dollars just sitting around to drop on a moment’s notice? Maybe some of the Kardashians do, but not most people.
When you get an auto title loan with LoanMart you can receive your money as soon as the next business day3. Don’t waste your time with the hassles of most traditional lenders. Come to LoanMart for a quick and efficient experience that could help you afford the new car you need!
Call Our Team
Take the first step and call our toll-free hotline to speak with a specialist.
What Kind of Auto Title Loan Company is LoanMart?
So, what makes LoanMart different from the rest? For one, our non-traditional lending status lets us make our own rules that gets rid of the hassles that come with most traditional lenders.
High approval rate – Most lenders will judge you based on your credit score, but not LoanMart. At LoanMart we look at other circumstances when we approve you for your auto title loan. Your ability to pay back the loan and the equity of your vehicle are important factors to consider, and that’s just what LoanMart does.We look beyond your credit score, so we can help the most people possible. So don’t worry if you have less than perfect credit, you can still be easily approved for an auto title loan with LoanMart.
LoanMart cares – LoanMart is here to help you, not hold you back. That’s why we won’t slow down your auto title loan process by ignoring your needs. LoanMart has experienced title loan agents available waiting to help you 7 days a week with extended hours. Have a question? Feel free to ask us! LoanMart specialists are waiting to hear from you.If you begin your auto title loan process late in the evening after business hours, don’t worry about your submission getting lost in an unorganized pile of files. Our title loan agents are top-notch coordinators and work efficiently. The very next day when we are open for business, we will contact you about your auto title loan submission.
Competitive rates –Paying back your auto title loan can be stressful, but with LoanMart it doesn’t have to be. We offer convenient terms so paying back your title loan doesn’t stress you out1. Your payments can be spaced out, so you won’t have to scramble every month to come up with a payment that you can’t afford.To make the payment process even easier for you, LoanMart will also create a payment plan for you when you are approved for your auto title loan. We won’t leave you in the dark to figure out the best way to pay back your loan.
Agents that help you succeed – Besides having agents available 7 days a week with extended hours, LoanMart does everything we can to make sure you are happy with you auto title loan process. When LoanMart signs onto your vehicle title right before you are funded for your loan, we only sign on as the lienholder. This means that your car stays where it should during your loan period—with you. When you make your monthly payments, you keep your car to drive every day how you normally would.LoanMart is not in the business of taking away people’s cars. We will work tirelessly for you to help you and make sure you keep your car. We understand your car is an important part of your life, that’s why we think it should stay with you.
What You Will Need to Get an Auto Title Loan
Once you are approved for you auto title loan with LoanMart, we will ask you for a few documents. It is good to have these documents ready-to-go when you apply for an auto title loan to make the process clip along even faster. Here is what you will need:
- Government-issued photo ID
- Proof of residence
- Proof of income
- Your vehicle title with your name on it (don’t worry if you still owe money on your car or even if your name is not on your title, we still may be able to help you out).
- Sometimes LoanMart will have to request other information for clarification, but we will give you ample notice of what we need.
You can buy anything you need with online title loans, even another car!
LoanMart will never inquire what you used your loan money for, it is yours. If you like, you can share your spending history with us for a testimonial to show others the life benefits of getting a LoanMart auto title loan, but this decision is always 100% up to you.
Feel empowered and stay in control of your finances with an auto title loan from LoanMart!
Frequently Asked Questions:
How Can I Use a Title Loan to Buy a Car?
You can use a title loan to access emergency cash with an old or existing car that’s in your name. As long as you can meet the initial requirements and provide the necessary documents, title loans can offer you emergency cash for things like buying another car!
What Are the Requirements for a Title Loan to Buy a Car?
In order to initially qualify for a title loan, you must be 18 years of age or older, have a vehicle title in your name, and have enough positive equity in your vehicle. Additionally, you will need to provide proof of income, along with other documents to verify your information.
How Can I Use My Title Loan Money to Buy a Car?
Qualified borrowers can use their title loan funding to pay for many things! You can use this extra money to buy a car, consolidate debt, pay rent, make travel arrangements, cover medical bills, and much more.
How Can I Apply for a Title Loan to Buy a Car?
You can begin the application for a title loan serviced by LoanMart online from the comfort of your home! You can get started by filling out a form online or calling 855-422-7412 to speak with a title loan agent. There’s no store visit required!
