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Enjoy the Many Advantages of a Title Loan in Indiana

Times are tough for everyone right now, especially when it comes to money. If you need help paying an emergency bill or unexpected expense but have a poor credit score, you may think you have no options. The good news is that you may have more options than you think!

You can inquire about a ChoiceCash title loan serviced by LoanMart as a resident of Indiana to potentially receive access to funding within the same business day.1

Below are the many benefits you get when choosing a ChoiceCash title loan serviced by LoanMart in Indiana!

Competitive Interest Rates1: Some lenders may offer funding with high-interest rates attached to their agreements. With ChoiceCash title loans serviced by LoanMart, you can expect competitive rates industry-wide1! The lower your rates, the more money you can save with a title loan in Indiana

Flexible Terms1: If you’ve had to deal with payday or traditional bank loans, you know how strict their approval processes can be. On top of that, they can come with high-interest rates and tons of hidden fees. ChoiceCash title loans serviced by LoanMart can provide flexible loan terms, like offering borrowers the ability to show alternative forms of income and the opportunity to refinance their current loan if necessary1!

Bad Credit is Not Always an Issue1: Most traditional financial institutions will not lend money to borrowers with poor credit scores. In fact, they may implement high-interest rates and lots of hidden fees if they do. With a ChoiceCash title loan serviced by LoanMart, you have the opportunity to inquire even if your score isn’t perfect1! While your financial history may be considered, it is not the main focus of the approval process. Instead, what matters most is how much value your car has and if you have the income to repay the loan.

Online Process: You no longer have to find a store location to inquire about title loans! With a ChoiceCash title loan serviced by LoanMart, you can complete the inquiry and approval process from the comfort of your home or anywhere you have internet access1. Start by filling out this inquiry form or calling 855-422-7402.

Keep Driving Your Vehicle: Like most Americans, residents of Indiana rely on their vehicles for daily transportation to work, school, or life errands. The good news about a ChoiceCash title loan serviced by LoanMart is that you can continue driving your car during the entire repayment period1! As long as you make regular monthly payments, you will continue having full access as you normally would. 

What Is a Title Loan in Indiana?

Title loans work by using a borrower’s car as collateral in exchange for funding from a lender. They are great short-term financial solutions for someone who needs access to funding quickly but doesn’t have lots of savings to fall back on. One great thing about a ChoiceCash title loan serviced by LoanMart is that people with bad credit may still be approved for funding1! That’s because your credit score isn’t the main focus during the approval process, although it will be considered. Instead, these two factors will matter the most:

  1. How Much Value Is in Your Car
  2. If You Can Show Proof of Steady Income

Your vehicle’s value is important because that can affect how much funding you may potentially receive. A car title acts as a form of insurance if someone defaults on their loan. Title loan providers also want proof of a steady income to know if a borrower can repay the money!

If you don’t make your loan payments on time, you risk having your vehicle repossessed. However, that is typically the last resort for most title loan lenders, as it is costly to repossess a vehicle. If you are struggling with loan payments, you should reach out to your lender as soon as possible! Perhaps they can renegotiate terms with you or draw up an alternative solution. 

What Are the Requirements for a Title Loan in Indiana?

To begin the online inquiry process for a ChoiceCash title loan serviced by LoanMart, you must first meet the right qualifications. There are three main requirements involved with a title loan in Indiana:

  1. Be an Adult- 18 Years of Age or Older
  2. Have a Title to a Qualifying Vehicle in Your Name
  3. Be able to Prove Your Income

When entering this type of financial agreement in Indiana, you must be an adult. That’s because applying for a loan is a big responsibility; therefore, you need to be old enough to do so! On top of that, you need to have a legal vehicle title in your name to qualify for funding. A car title loan depends entirely on using a borrower’s vehicle as collateral for funding. Therefore you wouldn’t be able to qualify without this. However, if you are currently financing your vehicle, speak to a title loan agent about your options. You may still be able to qualify if your car meets the right criteria!1

Finally, you must show proof of a steady income. As mentioned earlier, title loan lenders want to know that a person can repay their loan on time. One of the benefits of a ChoiceCash title loan serviced by LoanMart is that many forms of income are accepted during the approval process1! You don’t need to work a traditional 9-5 job to qualify for funding.1

Documents Required for a Title Loan in Indiana

Assuming that you meet all the requirements mentioned above for a title loan in Indiana, the next step is gathering the necessary documents for the inquiry process. You will need to track down a few pieces of paperwork for a ChoiceCash title loan serviced by LoanMart, but they are things that most adults have on hand. 

  • Government-Issued Photo I.D. (Driver’s License, Passport, etc.)
  • Proof of Residence
  • Proof of Income
  • Proof of Car Title in Your Name
  • Recent Photos of Your Vehicle 

To prove your identity and age, you must show a government-issued photo identification card,  like a driver’s license or a passport. That’s because you must prove that you’re an adult when inquiring about a title loan! 

You must also show proof of residency in Indiana. ChoiceCash title loans serviced by LoanMart are available in many states1, but you need to live in the right service areas to potentially qualify for funding. You can prove your current residency by showing a piece of recent mail, like a utility bill or a bank statement. 

Providing proof of income is also important because it shows the title loan lenders that you have the ability to repay your loan. With a ChoiceCash title loan serviced by LoanMart, you have many options for showing income proof1!

To qualify, you don’t need to work a traditional 9-5 position. The following alternative forms of income are acceptable:

  • Worker’s Compensation
  • Social Security Benefits
  • Settlement Income
  • Alimony/Child Support
  • Retirement Income or Pension Income
  • Self-Employment

Finally, you may need to show recent photos of your vehicle to prove its current condition. Title loan funding amounts depend on how much value a car holds and how much is still owed on it. Therefore, a virtual inspection must be done so a title loan lender can gauge its condition. The fact that you can send in photos instead of heading to a location for an in-person vehicle inspection is very convenient! 

What Are the Most Popular Cars on the Road in Indiana?

The best-selling car in most American states has been the Ford F-150 for decades. Recently, the Chevrolet Silverado 1500 has moved to the number one spot in Indiana! According to the local news station KRON4, the statistics gathered that pickup trucks were most prevalent in 32 out of 50 states across the country. The most popular vehicle that was not a truck on the list was the Honda CR-V, which dominated in 6 states.

So why are pickup trucks popular in states like Indiana? Perhaps because in rural areas, you need a vehicle that can handle rough terrain and carry bulky items around, like boats, tractors, or trailers. Pickup trucks are practical vehicles in areas that aren’t close to big cities because they are less likely to suffer mechanical breakdowns and can keep a driver safe for long distances. 

As an Indiana resident, the practicality of a pickup truck like the Chevrolet Silverado 1500 is hard to beat! But, with all these vehicles in mind, many different kinds of trucks and cars will qualify for a car title loan. 

How Much Cash Could I Get for a Title Loan in Indiana?

As mentioned earlier, the amount of money you may get from a title loan if you’re a qualified borrower depends on several factors. A title loan lender will look at how much equity is in your vehicle and how much income you receive each month. With a ChoiceCash title loan serviced by LoanMart, qualified borrowers can expect to receive anywhere from 25-50% of their car value1.

Car equity can be found by taking the overall value of a vehicle, including what condition it’s in, and subtracting the amount still owed on the car. If you own your vehicle outright, the equity would reflect the current market value of your car and its condition. To find out how much equity your vehicle has, you can use this helpful calculator tool that is available to ChoiceCash title loan borrowers! By entering in some basic information, the tool can give you a rough estimate of what that number may be. 

title loans in indiana

What Can I Use My Title Loan Funds for in Indiana?

Qualified borrowers can use their title loan funds for many different types of things, although there are some limitations.  In most cases, people seek this type of financing when dealing with an unexpected emergency or expense. It’s great for helping out with unpaid bills that need immediate attention. With ChoiceCash title loans serviced by LoanMart, qualified borrowers may be approved within the same business day as inquiring1!

However, you don’t need to wait for a big crisis to inquire about title loan funding. There are plenty of other reasons you may need this type of financial help! Below are examples that you can use title loan funding for:


Maybe a family emergency happened, and your presence is needed immediately. Unexpected travel can cost lots of money when you consider flights or train tickets, hotels, and paying for food. This is an excellent example of where title loan financing can come in handy! You can use this type of financing for a fun vacation as well!

Pet Costs: 

If you’re a pet owner, you know how expensive and unexpected vet visits can be. You can’t always control what your dog or cat does, and paying for emergency health bills can be very inconvenient. Inquire about a ChoiceCash title loan serviced by LoanMart during situations like this if you need fast cash1!

Household Purposes: 

Have you always dreamed of building a deck in your backyard? Or redoing the bathroom in your home? But you’ve never had the extra money to follow through with it? A ChoiceCash title loan serviced by LoanMart could be the financing you’ve been searching for! With an easy online inquiry process and flexible loan terms, this financing can be accessible to people from many different backgrounds1.

New Electronics:

If it’s been a while since you got a new phone or computer, you might be itching to upgrade your stuff! Not everyone has the disposable income to afford the latest technology, but that doesn’t mean you can’t treat yourself from time to time! Consider using title loan funding to upgrade your laptop or tablet to make life easier. 

Inquire About a Title Loan in Indiana Today!

It’s never fun to need money but not have access to it. Don’t let that kind of situation overwhelm you or ruin your life. Inquiring about a ChoiceCash title loan serviced by LoanMart could be the short-term answer to your financial worries1! If you live in Indiana, begin the process by filling out this inquiry form or calling 855-422-7402

Qualified borrowers have many options when it comes to paying back their title loan funds. You can set up automatic withdrawals from your bank account, send a check in the mail, or head to a participating money transfer location in your area to pay in person.

There are many benefits to inquiring about a ChoiceCash title loan serviced by LoanMart in Indiana! People with bad credit scores may still be eligible for funding.1 You can complete the entire inquiry process online and continue driving your vehicle after approval if you make your loan payments on time each month.

Inquire about title loan financing in Indiana if you want potential access to quick funding!1 If you have a legal vehicle title under your name,  show proof of a steady income, and there is value in your car, you may qualify1! Get help when you need it most by asking about a ChoiceCash title loan serviced by LoanMart today.

How Can I Pay for My Car Title Loan in Person?

Pay for your car title loan at any MoneyGram location in Indiana. MoneyGram is often located in convenient public stores such as Wal-Mart, Kroger, or CVS. Call 855-422-7402 to discuss your options with a loan expert, or see the map and location list below to see where your nearest MoneyGram is located:

For the sake of convenience for Indiana customers, below is a map and list of just a few locations in the area, with many more statewide locations found here.

What Locations in Indiana Can I Get a ChoiceCash Title Loan in?

ChoiceCash is proud to service residents all over Indiana including metro areas . Call 855-422-7402 to discuss your options with a loan expert. If you are looking to pay back your title loan in person, check out the city list below to see where your MoneyGram locations near Title Loans Indiana: