Money Mart is a payday lender based in Sacramento, California. It has been in business since 1990 and has over 300 offices spread throughout 13 states. Money Mart specializes in payday loans but also provides other services, such as tax services, cash for gold, check cashing and prepaid debit cards.

How Do MoneyMart Payday Loans Work?

If you live in California or Florida, you can apply online to get pre-approved. However, all borrowers must go to Money Mart store to finalize the application and pick up their cash. The entire process, from application to receiving your cash, takes only 15 minutes.

What Are MoneyMart's Interest Rates?

Interest rates vary by state, loan amount and loan term. Finance charges range from $15 (Kansas, Washington, and Oklahoma) to $30 (Louisiana) for every $100 you borrow. These charges translate into APRs ranging from 194.7% to 1,042.9%.

How Much Money Can I Borrow?

The maximum loan amount provided by Money Mart varies depending on limits set by state law. For instance, Washington has a loan maximum of $700, and in California the limit is $255. In Ohio and Arizona, you can apply for payday loans of up to $1,000. 

MoneyMart's Payday Loan Application Process

Most loan applications with Money Mart are completed at one of their 300 stores and take approximately 15 minutes to process. Residents in Florida and California can get pre-approved by filling an online form, but they still need to visit a store to complete the transaction. To qualify you must be at least 18 years old, have an annual income of at least $15,000, no pending loans with Money Mart and an active bank account.

How Is MoneyMart Better Than Other Lenders?

Money Mart is an established and licensed direct lender that has an A+ rating with the Better Business Bureau. It's also a member of the Community Financial Services Association of America. Its APRs are high when compared to traditional loan products but competitive in comparison to other payday lenders. Borrowers must complete the loan transaction at one of Money Mart's offices, so it is not an option if you don't have a store in your area.

  • Credit Score Range
    300 - 640
  • Immigration Status Considered
    • U.S. Citizen
    • U.S. Permanent Resident
  • Military Status
  • Minimum Annual Income
  • Minimum Monthly Income
  • No Other Outstanding Loans
  • Supported Income Types
    • 1099 Misc. Income
    • Cash / Other
    • Direct Deposit (W2, SSA, SSDI)
    • Payroll Check or Prepaid Card
  • Loan Fee
    $10.59 - $131.81
  • Funding Time Range (in days)
    1 - 3
  • No Credit Check
  • Online Application
  • Loan Amount
    $100 - $700
  • Loan Term (Days)
    Up to 67
  • APR
    194.71% - 1042.9%
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