LoanMart Offers Auto Title Loans in Los Angeles
LoanMart provides auto title loans in Los Angeles with extremely competitive rates. It is free to apply for an auto title loan, and our information request form requires no initial obligations. This means you may find out how much we may be able to lend you before you make your choice to continue with the loan.
You may borrow between $2,510 and $50,000 depending on several factors, such as the equity value of your qualifying vehicle and your ability to pay the loan on time each month.¹ ⁵ Qualified applicants in Los Angeles may even be able to receive their funds in as little as one business day.³
Applying for an Auto Title Loan in Los Angeles
An auto title loan is a financial tool that allows customers to use the free-and-clear title to their qualifying vehicle as collateral to secure a loan that is to be paid back in monthly installments. You have the choice to pay your auto title loan off early, because we do not charge our customers prepayment penalty fees.
When you get an auto title loan, you allow LoanMart to place a lien on your qualifying vehicle’s title in exchange for the loan. You still have full use of the vehicle while making regular on-time monthly payments and may continue to drive it. When the auto title loan is paid back in full, the lender removes the lien on the vehicle’s title and returns the title to you.
Features of Auto Title Loans in Los Angeles from LoanMart
Getting an auto title loan may be important to families and individuals who have been afflicted by a sudden, unexpected accident or other event. We do not ask you why you need the money because we respect your privacy.
We also offer the following features with auto title loans in Los Angeles:
- If you qualify, it may be possible to receive your funds in as little as 1 business day³
- You won’t receive any penalties for paying your loan back early
- Positive reporting with on-time monthly payments
- Rates are competitive
- Auto title loan funds can be used however you choose
- All potential customers are encouraged to apply regardless of their credit rating
How Do Payments Work for Auto Title Loans in Los Angeles with LoanMart?
Payments for an auto title loan from LoanMart are monthly and amortized. This means each monthly payment made is applied to both the interest and principle balance of the auto title loan. Not many lenders do this, and it eliminates balloon payments at the end of the loan term.
What You Need to Apply in Los Angeles for an Auto Title Loan:
It is 100-percent free for Los Angeles residents to apply for an auto title loan from LoanMart. Our auto title loan agents are standing by to provide you with a free estimated loan amount.
- Apply online: You may utilize your computer, tablet or smart device to fill out and turn in an online information request form. One of our auto title loan agents will review your form and contact you as soon as possible.
- Apply by phone: You may call our auto title loan agents directly at 323-844-2960 and apply over the phone.
You also need to submit the following documents listed below for an auto title loan from LoanMart:
- The free-and-clear title to a qualifying vehicle, which is in your name
- Your driver’s license or state-issued photo ID, which must be valid
- Proof of residence, such as a utility bill
- Proof of income, such as a recent pay stub
Apply today for FREE to see if you qualify for an auto title loan in Los Angeles from LoanMart!
¹LoanMart may act as the broker for the loan, and may not be the direct lender. All loan applications are subject to meeting our credit criteria, which includes providing acceptable property as collateral. Minimum loan amount vary by state. Consumers need to demonstrate ability to repay the loan.
LoanMart is licensed or registered as required by applicable state law and does not offer or service student loans. Loan proceeds are intended primarily for personal, family and household purposes.
²Based on borrowers who received a loan from February 2002 to April 2016.
³Application process could take 5 minutes to complete. Upon completion, a conditional approval may be given pending review of documentation. Funding time is based on the time from final approval following receipt and review of all required documents and signing, prior to 5 PM PST on a business day.
⁴To exercise the right to cancel, the borrower(s) must notify LoanMart in writing by midnight on the sixth calendar day from obtaining the loan. Within one business day from notice of cancelation, the borrower(s) must return any monies received and fees paid on behalf of the borrower(s) by certified funds. If payment is not received by that time, borrower(s) will owe the full amount of the loan indicated on the agreement. Borrowers who canceled a loan pursuant to the 5-Day Peace of Mind Guarantee from LoanMart are not eligible for the 5-Day Peace of Mind Guarantee promotion. The 5-Day Peace of Mind Guarantee promotion is only available once per borrower.
⁵Minimum and maximum loan amount varies by state.
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