Last Updated: 04/18/2025
SuperMoney User Recommendation Score +45
Mostly recommended67 total votes
Cast Your Vote
Compare All Auto Equity Loans
Filter & compare all your options in one place.
Highlights
Community Rating
Mostly recommended
Amount Range
$1,500 - $7,500
APR (Fixed APR)
30% - 165%(Verified 06/21/2024)
Disclaimer popup with additional information
Credit Score Range
300 - 700
Number of Reviews
LoanMart Title Loans Review
LoanMart Title Loans is offered by LoanMart, a direct lender founded in 2002 and based in Van Nuys, CA. LoanMart are available in 7 states.
LoanMart Title Loans FAQ
What rates does LoanMart Title Loans charge?
LoanMart Title Loans offers auto equity loans with a fixed APR that ranges from 30% up to 165% . Interest rates vary by state .
Does LoanMart Title Loans charge an origination fee?
Yes, LoanMart Title Loans charges a loan origination fee . Origination fees and requirements vary by state.
Does LoanMart Title Loans charge a late fee?
Yes, LoanMart Title Loans charges borrowers a late payment fee .
Does LoanMart Title Loans charge prepayment fees?
No, LoanMart Title Loans does not charge prepayment fees. This means you will not have to pay additional fees if you decide to pay the loan off early.
How much can you borrow from LoanMart Title Loans?
Loan amounts start at $1,500 and go up to $7,500.
What is the maximum loan term you can get with LoanMart Title Loans?
LoanMart Title Loans offers auto equity loans with terms ranging from 12 to 60 months. Having the option of longer terms allows borrowers to take on larger loan amounts while keeping monthly payments more affordable. However, the longer the term of your auto equity loan, the more interest you will pay.
What do you need to qualify for LoanMart Title Loans?
To qualify for a loan, you must have a clean title of your vehicle. In other words, you must be the undisputed owner of the vehicle. You can't have any liens or levies from creditors or other parties on your vehicle's title. Don't worry, there are other lenders who will consider borrowers who don't have a clean title.
The minimum age to be eligible is 18 or the state minimum, whichever is higher. LoanMart Title Loans does not have or does not disclose a minimum annual income eligibility requirement.
U.S. citizens and permanent resident / green card holders are eligible to apply for the services offered by LoanMart Title Loans.
To qualify, applicants may need to provide the following documentation:
- Driver's license or other government photo ID
- Proof of citizenship or residence permit
What is the estimated funding time for an auto equity loan via LoanMart Title Loans?
LoanMart Title Loans will typically fund auto equity loans as soon as 0 business day of approval.
Does LoanMart perform a hard credit pull?
Yes, LoanMart performs a hard credit pull when you apply for a loan. Additionally, it doesn't provide the option to check your rates using a soft credit pull, a feature that many lenders offer.
Click here to get prequalified rates from multiple leading lenders without a hard credit pull. However, if you accept a loan offer, a hard credit pull will likely be performed.
Is LoanMart a legit company?
LoanMart was founded in 2002, it is a well-established company that has been in business for 24 years. Based on their "mostly recommended" SuperMoney community rating, they seem to be a reputable company.
SuperMoney Disclosure: SuperMoney.com is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Read more...
Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author's alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.