LoanMart Helps the Residents of Bloomington with Auto Title Loans When They Need Financial Help

There may be times when a traditional loan may not be your best bet, especially if you need money right away. They make you wade through bureaucratic red tape by having you fill out a ton of paperwork and wait around for a decision that may not even favor you in the end. For those with bad credit, it could be worse, since banks and credit unions have strict lending requirements. When banks and credit unions turn their back on you, LoanMart is here to help you with an auto title loan to help relieve the pressure.

LoanMart has been a leader in alternative financing since 2002. We have been providing funding to the people of Bloomington for over a decade. Our customers love the fact that we provide excellent customer service and how easy the process can be. You could be eligible to borrow from $2,510 to $50,000 in as little as one business day, depending on various factors, including, the amount of equity in your vehicle and your ability to make regular monthly payments on time.¹ ³ ⁵

Benefits of Auto Title Loans from LoanMart

  • Funding in as little as one business day³
  • High approval rates to encourage applicants of all types of credit¹
  • No penalties for prepayment
  • Competitive interest rates
  • Continue driving your vehicle while making regular monthly payments

Required Documents You Need When You Prequalify

After speaking with one of our auto loan agents, you will be asked to verify some information. It will be helpful to have these documents on hand:

  • A qualifying title to a vehicle in your name
  • Paycheck stubs or bank statements to prove income
  • Proof of residency such as a recent piece of mail
  • Government photo ID such as a driver’s license

All loans will be serviced by LoanMart. See State Disclosures for additional information.

1Loan approval is subject to meeting the lenders credit criteria, which may include providing acceptable property as collateral. Actual loan amount, term, and Annual Percentage Rate of the loan that a consumer qualifies for may vary by consumer. Loan proceeds are intended primarily for personal, family and household purposes. Minimum loan amounts vary by state. Consumers need to demonstrate ability to repay the loan.

2Based on consumers who received a loan from LoanMart from February 2002 to October 2018.

3Application processes could take five (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 2PM PST on a business day.

4To exercise the right to rescind, the consumer(s) must notify the lender in writing by midnight on the third calendar day from obtaining the loan. Within one business day from notice of rescission, the consumer(s) must return any monies received and fees paid on behalf of the consumer(s) by certified funds.

5Lenders recommend and encourage consumers to pay early and often and more in order to avoid additional finance charges.

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