Title Loans Can Be a Quick and Convenient Option
Kansas is known for its rolling hills, great BBQ, and some of the largest natural prairies in the world. It’s also known for having hard-working residents and serves as the central state of the entire country. Despite having such a rich and sturdy history, people living in Kansas are still prone to falling into hard financial times.
It’s not easy to get by when the cost of living has risen, but your paycheck remains unchanged. When an unexpected event occurs, accessing large amounts of money can be a massive hurdle for most people, especially if they don’t have a disposable income. You may have options if you live in Kansas and have experienced any of the above situations!
You can inquire about a ChoiceCash title loan serviced by LoanMart to potentially receive access to funding quickly1. The inquiry and approval process can be convenient, fast, and may be accessible to people from many different financial backgrounds1. Start on a ChoiceCash title loan today by filling out this inquiry form or calling 855-422-74021!
Advantages of a Car Title Loan in Kansas
Interested borrowers can enjoy many advantages before and after the inquiry process for a ChoiceCash title loan serviced by LoanMart1. Learn why this could be an excellent financing choice for Kansas residents who suffer from a bad credit score but need to access funding during an emergency1!
Flexible Inquiry Process:
Applying for a traditional loan usually means strict terms and challenging requirements. People with less than perfect credit scores may be denied funding, and there isn’t much flexibility when it comes to accepting people from different financial backgrounds. With a ChoiceCash title loan serviced by LoanMart, borrowers can inquire about funding even though they may have a bad credit history1. Many alternative forms of income may be accepted during the process, which can make it more accessible1!
Finding a physical financial institution in Kansas to inquire about title loan funding can be time-consuming. Inquiring about funding online can be a huge convenience during an emergency! You can do exactly that with a ChoiceCash title loan serviced by LoanMart1. Get started with the inquiry process from the comfort of your home using your smartphone or computer, and you may get one step closer to solving your financial problems1.
Keep Driving Your Car:
During a title loan agreement, a lender places a lien on the borrower’s car and removes it once the money is completely paid back. You may wonder how this affects your access to your vehicle during that time, and the answer is it doesn’t have to! Qualified borrowers who make their monthly title loan payments on time can continue driving their cars as they usually would1.
However, this privilege is only extended to borrowers who repay their loans on time. If you miss your title loan payments, you risk having your car repossessed1.
Many Repayment Options:
The great thing about a ChoiceCash title loan serviced by LoanMart is that there are many convenient ways for borrowers to pay their loans back1. You can set up automatic payment withdrawals from your bank account, send a check in the mail, or head to an in-person money transfer location in your area. Or, pay by phone or through the online portal.
No Prepayment Penalties:
If you get approved for a traditional bank loan with a bad credit score, you may face an agreement tied with high-interest rates and hidden fees. Prepayment penalties are when a borrower gets charged for paying their loan back “too quickly” or not over the agreed amount of time. This can make a stressful situation worse rather than help!
With a ChoiceCash title loan serviced by LoanMart, there are no prepayment penalties or pesky hidden fees involved1. You can pay your loan back as early as you want, or all at once if that’s easier, and you won’t be charged for it1.
How Does a Title Loan Work in Kansas?
A title loan agreement is relatively straightforward. They work by allowing a person to access the positive equity in their car! The applicant’s car title is used as collateral for the loan, and a lender will place a lien on it. Once the money is paid back in full, the lien will be removed. This is considered a ‘secured loan’ option because a physical asset serves as insurance in case the money isn’t paid back.
‘Unsecured loan’ options are just that- a form of financing that is not secured through collateral. Instead, these types of lenders will solely focus on a person’s credit/financial history to determine if they are responsible enough to be lent money. This is why getting approved for this type of financing can be challenging! With a ChoiceCash title loan serviced by LoanMart, your credit score will be considered, but it’s not the main focus during approval1. Instead, these two factors will matter the most1:
- How Much Equity Is in Your Car
- If You Can Pay the Loan Back
The amount of equity in your car is essential because it can affect your approval odds and how much funding you can potentially receive1. On top of that, lenders also want to know that you can repay the loan on time and without too much difficulty. In fact, it’s federally illegal to lend money to someone who can’t prove they can afford it, according to the Consumer Financial Protection Bureau. The great thing about proving your income is that many alternative forms may be accepted! You don’t need to work a traditional career to potentially qualify for a car title loan1.
What Are the Requirements for a Title Loan in Kansas?
Inquiring about a ChoiceCash title loan serviced by LoanMart can be a quick and convenient option for many Kansas residents1. But, there are still initial requirements involved that you must know about. The great thing about a title loan is that the requirements can simple and straightforward. You must:
- Be at Least 18 Years of Age or Older
- Have a Title to a Qualifying Vehicle in Your Name
- Demonstrate the Ability to Repay the Loan
Being an adult at least 18 years or older is important for entering most financial agreements. Big decisions are involved with applying for a loan; therefore, you must be responsible and old enough to do so! You also must have a qualifying vehicle title under in name to inquire about a ChoiceCash title loan serviced by LoanMart1.
Many different circumstances around vehicle ownership can be considered during the inquiry process! For example, if your car isn’t fully paid off yet, the lender may ask you to complete an authorization form that allows them to pay off the existing auto loan. In Kansas, completing a Kansas Department of Revenue form known as a “Manual Title Application” may also be requested by the lender during your inquiry.
Having a vehicle with positive equity is vital during a title loan agreement because this can affect your approval status and how much money you can potentially get1! If you want a car equity estimate, you can use this helpful online calculator tool available to ChoiceCash title loan borrowers, free of obligation!
Additionally, you can head to websites like Kelley Blue Book to find car value estimates.
Finally, you must show proof of a steady income to inquire about a ChoiceCash title loan serviced by LoanMart1. This is important because it shows lenders that you will be capable of repaying the money! Many alternative income forms may be accepted during approval, such as:
- Social Security Benefits
- Worker’s Compensation
- Alimony/Child Support Payments
- Settlement Income
- Pension Income
- Disability Benefits
Contact a ChoiceCash title loan agent if you have questions about your income or circumstances by calling 855-422-7402.
How Can I Inquire About a Title Loan in Kansas?
Inquiring about a ChoiceCash title loan serviced by LoanMart in Kansas can be just as simple as the requirements involved1! There are three main steps to get started, and they can be completed from the comfort of your home or anywhere you have internet access1.
1. Choose How You Want to Inquire About Title Loan Funding
Get started on the inquiry process online or speak to a title loan agent directly. These are your options for inquiring about a ChoiceCash title loan serviced by LoanMart1! Filling out this pre-qualification form only takes a few minutes, or you can call 855-422-7402to speak with a title loan agent at your convenience1. Title loan agents are available six days a week for extended hours!
2. Gather Your Documents
Step two is gathering the important documentation needed for a title loan inquiry. It’s best to ensure you have these around before beginning the approval process! That way, you can save time if you are experiencing a financial emergency. If you’re missing any of the paperwork mentioned below, like a driver’s license, you can always contact the Kansas Department of Revenue Division of Vehicles to learn about the replacement procedures. For a title loan inquiry, you will need:
- Government or State-Issued Photo I.D.
- Proof of Residence in Kansas
- Proof of a Qualifying Vehicle Title in Your Name
- Demonstrate the Ability to Repay the Loan
- Recent Photos of the Vehicle
Showing a government or state-issued photo I.D. is vital because that’s how you can prove your age and identity. Next, providing proof of residence in Kansas is necessary because a ChoiceCash title loan serviced by LoanMart isn’t available in every state1! You can show that you live in an available state by using a piece of official mail, like a recent utility bill, credit card statement, lease agreement, or bank statement.
As mentioned earlier, you must show proof of a qualifying vehicle title in your name to inquire about title loan funding. This agreement depends almost entirely on using the title as collateral in exchange for money; therefore, it’s important you can provide this during the inquiry.
Proof of a steady or alternative income shows the lenders that you will be capable of repaying the loan, and many forms can be accepted during approval1.
Finally, you will also be asked to provide recent vehicle photos. This way, lenders can inspect the overall condition when determining approval or loan amounts. You can conveniently send all of these documents online via email or fax1!
3. Get Approved and Receive Your Money
If you meet the initial requirements, fill out the pre-qualification form or call to speak with a title loan agent, and send in the necessary paperwork, the last step is getting approved1! After approval, qualified borrowers can receive their money in several different ways. You can:
- Choose Direct Deposit to Your Bank Account
- Receive a Check in the Mail
- Put it Onto Your Existing Debit Card
- Head to a Participating Money Transfer Location in Kansas
The great thing about a ChoiceCash title loan serviced by LoanMart is that qualified borrowers may be approved within 24 hours of inquiring about funding1! It can be a quick option for people who need money during an emergency1.
How Can I Use My Approved Title Loan Funds?
Life is unpredictable, and unexpected bills or financial emergencies will happen from time to time. If you don’t have money saved up to cover them, it can cause you to stress and panic. Applying for traditional bank loans isn’t always an option for people with bad credit scores, and borrowing from family or friends can feel embarrassing.
The great thing about a ChoiceCash title loan serviced by LoanMart is that you may quickly get the financial help you need1! Below are examples of when having extra money could be useful:
- Paying Rent
- Utility Bills
- Medical Bills
- Veterinary Bills
- Making Travel Arrangements
- Funeral Arrangements
- Home Improvement Projects or Repairs
Don’t let the stress of not having money when you need it to overwhelm you! As a resident of Kansas, you can inquire about a ChoiceCash title loan serviced by LoanMart if you need help paying for unexpected situations1.
Inquire About Title Loan Funding in Kansas Today
If you live in Kansas, you have options for accessing money quickly. A ChoiceCash title loan serviced by LoanMart can be a convenient and quick way to receive money if you pass approval1. If you have a qualifying vehicle title in your name, are an adult at least 18 years of age or older, and can prove that you make steady or alternative income, inquiring about this loan may be hassle-free1!
Just because you struggle with a low credit score doesn’t mean you should suffer. Inquiring about a ChoiceCash title loan serviced by LoanMart in Kansas can be a simple process for many residents1! Get started today by filling out this inquiry form or calling 855-422-7402.
How Can I Pay for My Car Title Loan in Person?
Pay for your car title loan at any MoneyGram location in Kansas. 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 Kansas 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 Kansas Can I Get a ChoiceCash Title Loan in?
ChoiceCash is proud to service residents all over Kansas 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 Kansas: