Is LoanMart Title Loans the right fit for you?
Last Updated: 04/18/2025
SuperMoney User Recommendation Score +45
Mostly recommended67 total votes
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Highlights
Community Rating
Mostly recommended
Amount Range
$1,500 - $7,500
APR (Fixed APR)
30% - 165%(Verified 06/21/2024)
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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. Note that borrowers can add a cosigner to either meet eligibility requirements or qualify for lower interest rates.
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.
Message from LoanMart
Other Services by LoanMart
Personal Loans
5
5
9
19 Reviews
Availability
Available in 7 states.
- Alabama
- Arizona
- Georgia
- Missouri
- New Mexico
- South Carolina
- Utah
SuperMoney Net Recommendation Score
SuperMoney users mostly recommend this product, giving it a user recommendation score of +45, or 3.9 on a 5-point rating scale.
+45
-1000+100
No one recommends
Everyone recommends
Reviewer Sentiment Over Time
LoanMart Title Loans Community Reviews
Would you recommend LoanMart Title Loans to your friends?
CB
Cindy B.
Feb 10, 2023
Would not Recommend
They will repossess your car two days before the payment due date. Did it twice. They cost me my job and apartment. They are liars and thieves!
U
Anonymous
Nov 18, 2022
Would not Recommend
They took my car for missing one payment and sold it at a auction term was to long and violated many laws in my state on car title lending I would advise no one to take a title loan from these people if something happen you miss a payment your car will be gone they took my 15000 dollar vehicle over 260 dollars don't make the same mistake I did ...Show More
Jemal E.
Jul 2, 2022
Would not Recommend
I was approved for a loan through LoanMart
and OH MY GOD! The run around and laziness
and B.S. they tell you. I spoke to 5 different
people and nobody was updated. Let's not talk
about lunch, 30 min? Nope.. 1 hr? Nope... 2
hrs maybe a response. If you upload docs
online, expect 48-72hrs for any funds. Not
good for emergency funding. I would never return. Lastly, all their reviews are written by their content team, ...Show More
TS
Tamirah S.
May 2, 2022
Would Recommend
After purchasing my vehicle, I was seeking for title companies to further assist me with getting a title. LoanMart Title Loan did not give me any problems. The steps are 1,2,3. AMAZING!
Esther O.
Oct 28, 2020
Would Recommend
I highly recommend LoanMart. They have a friendly customer support system and loan-processing time does not take up to a day. Their interest rates are state dependent, but you can expect a fair rate. Their API can go as low as 36% - depending on your credit score and other factors.
Getting a loan is quite easy and seamless. They only lend people who have clean titles. For a quick ...Show More
KD
Kevin D.
Oct 22, 2020
Would Recommend
Needed to pay some debts I was owing, I got worried and was completely at see.
I got to know about Loanmart Title loans, I spoke with their representative, he gave me audience and chatted well with me. I enquired on how I can get a loan, he told me the procedure and I was able to get the loan. I will definitely recommend as many times as possible.
AR
Alice R.
Oct 14, 2020
Would Recommend
The representative that spoke with me was friendly on phone and provided answers to all my questions. I asked to speak to him when I got to their office but he was not in seat and I was directed to another person. I was attended to in a friendly manner and I was able to secure a loan at the best rate possible.
I have been recommending LoanMart ever since ...Show More
TA
Timileyin A.
Oct 7, 2020
Would Recommend
I needed a loan to take care of my kid. I spoke with one of there representatives and made enquiries on how to go about it. I visited their office and signed all necessary documents. The loan was disbursed swiftly. Loanmart title loans are just life savers. They saved my son's life. I will surely recommend them over and over again.
RF
Ricardo F.
Dec 10, 2019
Would Recommend
Good job priscilla great job quick service I gave them 100%
PM
Philippe M.
Nov 15, 2019
Would Recommend
Excellent service from pricilla,so satisfied keep up the good work!!
U
Anonymous
Nov 7, 2019
Would Recommend
Priscilla gave very friendly and responsive service from the start! Would recommend!
TP
Taineka P.
Oct 18, 2019
Would Recommend
Very nice, very friendly, and professional satisfied and proud Thanks Irene
U
Anonymous
Oct 17, 2019
Would not Recommend
Gave me a 600% loan on my auto title and I am in Michigan. It is against the law here!
U
Anonymous
Oct 2, 2019
Would Recommend
They are Easy to work with,very helpful and understanding company. If your in need of a loan.
JL
Jesse L.
Sep 28, 2019
Would Recommend
Yes i would recommend. Very friendly and quick. And good options on monthly payments.
RG
REGINA G.
Sep 28, 2019
Would Recommend
Process was very simple, and easy. Loan officers were very helpful. Thank you so much!
CM
C M.
Sep 18, 2019
Would Recommend
It was fast, convenient and Oscar was very informative and polite. He assisted me every step of the way.
Angelica G.
Sep 11, 2019
Would Recommend
La experiencia que tuve con ustedes fue la mejor Doris es la que tiene mejor servicio al cliente hizo lo posible por ayudarme gracias x tener personas como ella en su equipo..
A.
Alícia .
Sep 4, 2019
Would Recommend
Shant was very helpful and efficient explaining the process was fast and quick was very happy with his services and definitely would recommend Loanmart excellent services . GREAT JOB SHANT
JG
Joe G.
Aug 28, 2019
Would Recommend
It was quick and easy and Oscar was a great help and very fast
Showing 20 of 67 reviews