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LoanMart
AUTHORIZED PARTNER

LoanMart

formerly 800loanmart.com

 4.6/5 (84 ratings)
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  • 1 stars
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LoanMart

About LoanMart

LoanMart connects consumers with the cash they need through several options, including car title loans. Credit issues aren’t a problem. Customers can apply in minutes and get their cash in just hours. Contact LoanMart to see your borrowing options and full disclosures.

Overall Satisfaction Rating

  • 5 stars
  • 4 stars
  • 3 stars
  • 2 stars
  • 1 stars

Pros

  • Get approved in less than an hour
  • Get funds in as little as a day
  • Good credit isn’t required

Cons

  • High interest rates

Bottom Line

LoanMart offers car title loans to residents in 8 states. A good credit score isn’t required for approval, and you can receive funds in as little as 24 hours.

Top LoanMart Reviews

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Rated with 5 stars
Verified

LoanMart seemed to be straightforward, and their application process was short and straight to the point. The whole process took about four to five hours. The representatives were...

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Rated with 5 stars
Verified

Angelica provided excellent service! I will do business with you guys again should I need your service. The process was seamless and complete.. Please let Angelica know that she d...

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How does getting a LoanMart title loan work?

To get a title loan from LoanMart, apply on its website, over the phone or in a store. It’s free to apply, and you receive a loan decision with the amount you’re eligible to borrow within an hour.

LoanMart’s title loans are secured loans, which means the company uses your vehicle’s equity as collateral for your loan. You keep your car while you’re paying off the loan. A good credit score isn’t required to apply for or receive a loan from LoanMart. Interest rates range from 60% to 222%, depending on your contract. You need the following information to apply for LoanMart’s title loan program:

  • A car title registered in your name
  • Your government-issued ID
  • Proof of income
  • Proof of residence

If you need assistance during the application process, LoanMart’s loan specialists are available to help. To submit the necessary title loan documents, you can fax, email or even send a picture from your phone.

LoanMart payment options

Once you’ve submitted your documents, sign the loan contract and choose how you want to receive your funds. Your options include:

  • Electronic transfer
  • Check
  • MoneyGram (only at participating locations)

LoanMart FAQ

Is LoanMart available near me?
LoanMart is available in the following states:
  • Arizona
  • Alabama
  • California
  • Georgia
  • Missouri
  • New Mexico
  • South Carolina
  • Utah
Does LoanMart do personal loans?
LoanMart does not offer personal loans. Personal loan amounts are typically decided based on your credit score, while title loan amounts depend on the value of your car.

With LoanMart, your eligibility for a title loan isn’t dependent on your credit score, which makes these loans easier for people with poor credit histories to obtain.

Does LoanMart do payday loans?
No, LoanMart doesn’t do payday loans. Payday loans are typically for a smaller amount and have a quick payment turnaround, whereas title loans are for larger amounts with longer payment plan options.
How do I contact LoanMart?
You can contact LoanMart by calling its customer service telephone number or live chatting with a loan specialist on its website.
Are there multiple LoanMart payment options?
You can receive your funds from LoanMart in any of the following ways:
  • Electronic transfer
  • Check
  • MoneyGram (only at participating locations)

Is LoanMart legit?

LoanMart offers legit title loans that are easy to qualify for, but its services are only available in eight states and interest rates on its loans can be high. The company's simple application process and quick fund disbursement make it ideal for those who need cash for emergencies and are confident they can pay back the loan. If you’re searching for a title loan company, visit its website to see if its services are right for you.

LoanMart Reviews

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2 featured reviews
How do I know I can trust these reviews about LoanMart?
How do I know I can trust these reviews about LoanMart?
  • 3,299,282 reviews on ConsumerAffairs are verified.
  • We require contact information to ensure our reviewers are real.
  • We use intelligent software that helps us maintain the integrity of reviews.
  • Our moderators read all reviews to verify quality and helpfulness.

For more information about reviews on ConsumerAffairs.com please visit our FAQ.

Page 1 Reviews 0 - 5
Rated with 5 stars
Verified Reviewer Verified Buyer
Original review: April 28, 2021

The LoanMart agent went through the questions with me to make sure everything was okay and I qualified for the loan. I was given the approval then I was requested to send some documents. My vehicle title was one of them, but I misplaced it, so I followed up with them and told them that. They said that I had to call the local county and request a new one. I did that, but I was told that it could take a month. I called the first agent and said, "Hey, this is gonna take a month. I think I'll have my situation figured out by then, so I don't think it's necessary that I get this loan." He said, "Okay. Take care." That was the end of it.

I got a call a few days later giving me the status of my application. I told the guy that I was talking to, "I just spoke with the representative earlier and told him that I misplaced my title. He told me to go down to the county and request a new one. That could take a month before I can send it to you, which I don't wanna go through that whole process." He then gave me the option of going down to the county and putting down LoanMart as a lienholder of my title.

I ended up doing that, and everything worked out. I was able to get the money in two days. However, I wasn't given that option with the first representative and the one option he gave didn't work for me. If I was aware of the second option, I would have definitely took it, because once it's printed, it's updated in the system within 24 to 48 hours, and I could go for the loan. Other than that, it's been a great experience.

LoanMart response

Thank you for sharing your feedback Nyanyak. Our apologies for any miscommunication and thank you for bringing this to our attention.

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    Rated with 5 stars
    Verified Reviewer Verified Buyer
    Original review: Oct. 27, 2020

    I do business with ACE Cash Express, and I asked about LoanMart through there. They told me who LoanMart was and what exactly they did. After I heard of the way they helped people knock their principals down the way they do, I was enticed quite a bit, so I took advantage of it. The application process was simple and easy. If I'd had everything right the first time, it would’ve taken about a couple hours, but it took me at least four hours to get it all straightened out right. Once I got to know the particulars as to how the application worked and what meant what, it made sense to me, so it was more understandable for me.

    For the most part, it was figuring out quickly exactly how I was gonna send whatever I had to send and how the application worked. How the documents were loaded on the app was the biggest hang-up, but once I got the hang of it, it went through the way it was supposed to. LoanMart made quite a bit of an impact for me. It made it convenient for me to help me out when I needed the title loan. It's a lifesaver if you can afford what they're offering. For the most part, it has helped me quite a bit financially right now during these dark times.

    LoanMart response

    Thank you for taking the time to share your experience Francisco. We have worked hard to establish an outstanding reputation for quality service and credits our dedicated employees to our success.

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    Rated with 5 stars
    Verified Reviewer Verified Buyer
    Original review: Oct. 21, 2020

    I needed a loan and it seemed like LoanMart's fees weren't as high as other businesses. So, I thought it was a good idea just to use them. The application process was very easy. But they kept calling me instead of writing everything down that they needed me to do. They kept calling me telling me that they needed this, and then they needed me to resend this. I still haven't got the loan from them. I've been waiting since last week because one of the loan officers put the wrong routing number in there after I sent him my account number and the routing number. I signed the documents. I signed them off from my phone, so I didn't look at the routing number to make sure because I already sent it to him. But he put a different California number in there.

    I sent my title off last week. I was supposed to get the money Thursday morning. I thought it was a scam because I just sent them my title to my car, but I haven’t got anything. They made me wait and wait, and I'm still waiting. That’s the only problem I’m having with them right now. Everything else was good. They were nice about it. They kept apologizing. I know a friend that wants to get a loan through them but they're leery. They're waiting for me to get my money first. If LoanMart puts the money on my account like they said there, then they’re gonna go to LoanMart.

    LoanMart response

    Thank you for taking the time to share your experience Millian. We work hard to establish an outstanding reputation for quality service and apologize for the less than optimal experience.

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    Rated with 5 stars
    Verified Reviewer Verified Buyer
    Original review: Oct. 10, 2020

    My previous experience was good. It was a blessing because it got me out the hole I was in, bill-wise. But I was a little thrown off with the new loan. I paid off my previous loan way ahead of time, so that’s why they didn't have a problem with extending credit to me again this time. But this time was different. I was supposed to move at a certain time and my new place wasn't ready when I was supposed to get there. So that made me incur extra cost that I didn't anticipate. I called the other day to try and explain my situation to the young lady. I asked her if they could extend my due date to the 3rd and they could take it directly on my account. She said, "No. It’s gonna have to go to the delinquency department." But I didn't have this problem the first time around, so I'm not understanding what the problem is this time. They know that I take care of business with them. Other than that, I've had an awesome experience with them.

    LoanMart response

    Thank you for taking the time to share your experience with Wheels Financial Group, LLC dba LoanMart (“LoanMart”). LoanMart is a service provider for Capital Community Bank (“CCBank”), a Utah Chartered bank, Located in Provo, Utah Member FDIC and is replying to you on behalf of CCBank. LoanMart takes pride in treating every customer with excellent personal service and is sorry to hear that you are unhappy with the level of service provided to you. LoanMart is reviewing your concerns; a detailed response will be mailed to you to the address on file. If you have any questions, please contact compliance@loanmart.com.

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    Rated with 4 stars
    Verified Reviewer Verified Buyer
    Original review: Oct. 6, 2020

    LoanMart was more understanding and the process was very simple. I went with them and my experience went very well. I was having a family emergency at that time and the service was perfect. I just had to submit everything through text message or email. As soon as I did that and showed them that I sent off my title, they sent the money right away. One of the first people I talked to was very energetic, very helpful and very insightful. I didn't understand exactly how to send my title. They texted me right back or they emailed me right back. It seemed like they were really there to help. I didn't have to wait like a whole day or two for an answer to my question.

    Because it was new to me to find like a mailbox or a place to send off my title, the process took a little bit. But if I would have known about that part and I knew where to go here in my hometown, then it would've been real simple. I could've gotten it all done in one day. But it just took until the next morning for me, the next day after that, to get it all done and completed. All loans are kinda expensive and the only downfall is the payback is kinda expensive. But it's okay. LoanMart is good for when you need it.

    LoanMart response

    Thank you for taking the time to share your experience. We take pride in treating every customer with excellent personal service.

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    Rated with 5 stars
    Verified Reviewer Verified Buyer
    Original review: May 14, 2021

    LoanMart seemed like the best option. I had some issues at first like removing some stuff and getting my payment amount right. I got a letter and their computers were still saying a larger amount for my payment. But they went on and let me go by what the letter said, and now they got it cleared up. So far, everything's been wonderful. When I was having a hard time financially, LoanMart came through for me when I really needed it.

    LoanMart response

    Thank you for taking the time to share your experience Kimbrina. We're glad to have been able to help you with your financial need.

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    Rated with 5 stars
    Verified Reviewer Verified Buyer
    Original review: May 11, 2021

    The application took less than 10 minutes. It was simple. Fernando was very concerned with the way I was doing things and he pointed out what I needed to do. He was very helpful as well as friendly. I would recommend LoanMart highly. It's a good company to work with. Without them, I don't think I would be where I am now because they were willing to help me.

    LoanMart response

    Thank you for taking the time to share your experience, Jeneva. We have worked hard to establish an outstanding reputation for quality service and credits our dedicated employees to our success and thank you for your business.

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    Rated with 5 stars
    Verified Reviewer Verified Buyer
    Original review: April 27, 2021

    The process was very wonderful and easy. The LoanMart reps were right on it. They walked me right through it and told me exactly how it works, what I need to do, and what was okay. They did awesome. When I had questions and wasn't sure about something, I would call. If they were on the phone or with somebody, they called me back within 10 minutes. It was very good.

    LoanMart response

    Thank you for taking the time to share your experience, Darla. We have worked hard to establish an outstanding reputation for quality service and credits our dedicated employees to our success and thank you for your business.

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    Rated with 5 stars
    Verified Reviewer Verified Buyer
    Original review: April 26, 2021

    I had two loans. I got one, paid it off within three months, and then got another one for more money. On the second one, I signed all the documents, sent LoanMart everything they wanted and the guy said, “Okay, I'll review it and call you right back.” An hour and a half later, still no call. I had to call him and they closed in one minute, so I couldn't get the money until the next day. All in all, there were a couple of hiccups, but for the most part, everybody was exceptional. LoanMart gave me the cash that I needed to get things going. The interest was high, but at least they got me to where I could do something.

    LoanMart response

    Thank you for sharing your experience Denise. We apologize for any delay and are happy to have been able to assist you during your financial needs. We truly appreciate your business and look forward to serving you again.

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    Rated with 5 stars
    Verified Reviewer Verified Buyer
    Original review: April 18, 2021

    One lady there helped me out tremendously. She answered every question and she was very professional. LoanMart responded to me on a good time.

    LoanMart response

    Thank you for taking the time to share your experience Steve. We have worked hard to establish an outstanding reputation for quality service and credit our dedicated employees to our success and thank you for your business.

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    LoanMart (formerly 800loanmart.com) Company Information

    Social media:
    Company Name:
    LoanMart
    Company Type:
    Private
    Year Founded:
    2001
    Address:
    15400 Sherman Way, Suite 170
    City:
    Van Nuys
    State/Province:
    CA
    Postal Code:
    91406
    Country:
    United States
    Website:
    www.800loanmart.com