Lets give it a shot. First time trying for a loan.
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.
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.
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%.
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. Money Mart has an installment loan available in New Mexico with a loan term of up to 5 months that has a maximum loan amount of $1,500.
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.
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 interest rates 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.
Lets give it a shot. First time trying for a loan.
Hands down, this was the worst experience I have ever had with a payday loan place. Or ANY place, for that matter! I couldn't wait to pay my loan off and never have to deal with them again!
The application process was quick and painless, follow-up identity and income verficiation was straight foward, and the money was in my account that day. No suprises, no gimmicks. I'd definately recommend this to others.
Approved and received a loan through Money Mart for credit card consolidation and had no problems. My loan was funded, approved, and deposited into my bank account in a few hours. Everything was done over the website, so easy and hassle free!
Money Mart is the only place I have ever borrowed from and I'm a creature of habit, so it is the only place I would want to borrow from. They are very reasonable if you create a good business relationship with them. You can only borrow so much, which makes it easy to repay
If you need only a small amount of cash till payday, this is the place for you. I literally applied online in the parking lot to see if I would get approved then went into the store to get my money. It took 30 minutes total because there was a line. A line is a good sign to me
I took out a paydayloan to put a $250 on a hertz rental car because my account only had enough for the daily cost of the car. I couldn't get approved for any more money than that, but it was literally the exact amount I needed in a hurry to keep me on time for my roadtrip
As long as I have lived in this town, money mart has been in business. I usually get a small short term loan around Christmas, and suprisingly a few of the cashiers know my name before I give them any account info. The payment plans are simple and you really cant borrow enough to get you in any real trouble
I got denied a small loan here because of a misunderstanding. I explained what happened and they denied me again. I never spoke to anyone but a phone rep and they never wanted to see a single document
I have gotten a few loans through money mart before and it is always really easy. The interst rates are really high, but that is accross the payday loan board as far as I have seeen. As long as you pay them back on time, they will work with you and the people there are really friendly
My car is in the shop due to a recent wreck. I dont have the money for the deductable, so I applied at moneymart for the deductable and got it within 20 minutes. I made a two payment repay plan and the best part is I'll have my car back sooner than I thought
I took out a loan for a bridesmaid dress, beacause I'm in a friends wedding in the fall and dont splurge on things like purple dresses very often. I applied and got approved online, then went into a money mart store to pick up my loan. Very pleased at the ease of the process
I have a credit score of 690 and make about $75,000/yr. My only negative credit history is a credit card my ex-husband took In our divorce and stopped paying. MoneyMart denied me, saying I had negative credit history?Im sure my credit history is better than most the people at a payday loan joint