Unlike pawn shops or other lenders, we do not retain
the vehicle during the loan period.
Not exact matches
That is, $ 11,292 more than the average
loan for a used
vehicle during the same
period.
At this time, LoanMart will also sign onto your
vehicle title as a lienholder, but this is so you can keep your car and drive it every day like normal
during your
loan period.
Sure, a car title
loan with LoanMart will get you cash in hand (sometimes in as little as one business day3), we must stress that there's a little more to it to that; car title
loans are based around the equity of your drivable motor
vehicle and your ability to repay the
loan, with LoanMart taking over the title
during your payment
period.
During your
loan period when you stick to your payment plan, you keep your car to drive like normal, and your name stays on your
vehicle title.
Another positive thing worth noting is that borrowers are not required to surrender their
vehicles during the
period that the
loan is in effect.
Getting a
loan with LoanMart means you get to keep your
vehicle during the financing
period.