LoanMart Reviews

I needed some extra cash to move into a different place. I liked that I could do everything online with LoanMart and I didn't have to go into an office. The process was very easy and it only took a couple of hours. You talk to a representative about your needs so you can get preapproved. And then you talk to a loan officer to finalize any loans. They send you the paperwork and you sign electronically. They send you three options to get your money. All of them have been really positive, polite, and nice. They were always really patient with me when I asked questions.

The first rep was a gentleman. He was a loan officer, and he told me what I needed to submit and that they sent me this website that I had to submit my documents, and I submitted them. He made everything nice and simple. He was off the next day, so a lady who covered for him called me and said that I had to FedEx everything by a certain time. I did that, and everything was done. It was quick.

Loanmart's system does not make it very easy if you don't fit their mold as far as providing documentation. They did not give any opportunity when uploading things to explain anything. It was just, "Upload the documents, and then we're going to reject them three or four times until you call." One time, they explained that they were looking for a different document, even though there are two of them that get filed in a tax return. So, that was fun. "No, we don't want that Schedule K. We want the other Schedule K." The instructions just say, "Upload Schedule K." Once we called, they were able to figure out what we needed to send them then they were able to add some notes to the account.

During the application process with LoanMart, I called them and then, they emailed me. I told them all the information and they emailed a paper filled out with what we went over. I read it and hit sign. The first time I was with them, I had to sign my signature on my phone. Now, when it comes up, I'd touch it and it puts that same signature right there on it. So it works out perfectly. If you're approved, as soon as you get the paperwork sent back to them through the email or their document upload link and the documents are good, they release the money. Usually, it takes me to the next day. Because by the time I get my paperwork in, it's so late in the day. They did a direct deposit straight onto my debit card. The interest is a little high but if your payments are on time, it comes down $4 each month. LoanMart is helping me. I can't ask for better because no other place will loan me anything.

I like the monthly low payment with LoanMart. They also tend to pay more. They search your title and how to get things off your credit. It wasn't like they were trying to rip me off. When you talk to them, you're not talking to a robot or a machine. You're talking to somebody that's in America and understands. They sit on the phone with you when you get the loan. They did a budget with me and talked to me about the loan, what I was getting it for, and the benefit of paying it back. They also told me if I pay extra every month, I can get the payments down lower. They worked with me. We came up with a budget and on how to pay it back on short term and save with interest payments. If ever in emergency, I would go to them. I've been extremely satisfied.

Applying thru LoanMart was very easy and it was completed within 24 hours. Then, the funds came in less than 48 hours. The rep who helped me was awesome and she explained things to me. This is my first time ever applying for a title loan so I had a lot of questions. She answered them and I was comfortable with her answers. Also, they had me take photographs, so I took them. I had to submit my title then there was a form I had to print out and sign.

The application process with LoanMart took time but it wasn’t that much and getting the funds took no time. I had to go to Lafayette and turn in my paper to FedEx. And everything was good. The reps were nice and looked forward to helping me.

The lending process at LoanMart was easy and fast. I just answered questions online and then called them. The only problem that I had was, finalizing it on a Saturday and they had sent it at 7 o'clock at night. I was already at work. So when I got up Sunday to do the document part of it, it was already expired 'cause they only left it for a couple of hours. And they didn't let me know that. But first thing Monday morning, it was all taken care of. I went and got my money Monday night. It wasn't really a big deal. The rep I worked with was great. Called me when she said she was gonna call me and took care of everything. I'd recommend LoanMart. Even over the weekend, I still had my money in 48 hours.

I got an auto loan from LoanMart. I did it online. I filled out the form and sent it in. The rates were extremely high. But that was part of that type of loan.

The rep was nice and polite. LoanMart had a lot of paperwork but the process took less than a day. It’s a good company to work with and they helped me in many ways. I wish they could lower the interest rate, though.