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Oklahoma Residents Can Enjoy Many Title Loan Benefits  

With the price of inflation rising steadily, life costs a lot of money, and it can be hard to save up when everything is more expensive! Like most Americans, some residents of Oklahoma may not make enough each month to put away for a rainy day. Not having the funds you need can be devastating when an unexpected emergency happens.

If you have poor credit and bad financial history, you may think that finding a loan option that will approve you is out of the question. The good news is that you may have more options than you think! You can inquire about a ChoiceCash title loan serviced by LoanMart to potentially receive quick funds when you need it most1. With a straightforward online inquiry form and approval process, you may access loans within one business day of starting! Begin now by filling out this inquiry form or calling 855-422-7402.

There can be many advantages to choosing car title loans over traditional bank loans! Learn why this is an excellent option for many people struggling with their finances. 

  • Flexible Loan Terms1: Everyone knows how difficult applying for a traditional loan can be. The approval process is strict and not very welcoming to people with unconventional financial or career backgrounds. ChoiceCash title loans serviced by LoanMart can offer flexible terms for qualified borrowers1! People with alternative incomes may inquire! Additionally, qualified borrowers can be offered the option to potentially refinance a current title loan.1
  • Bad Credit isn’t Always an Issue1: Traditional financial institutions aren’t helpful to people with bad credit scores. The great news about a ChoiceCash title loan serviced by LoanMart is that people with low credit scores may still be eligible for funding1! Your credit history is still considered during the approval process, but it is not the main focus. Instead, the focus is on how much value is in your vehicle and whether or not you can repay the loan on time!1
  • Online Process: Thanks to the internet, you no longer have to find store locations in your area and wait in long lines to speak with a title loan officer. With a ChoiceCash title loan serviced by LoanMart, you can complete the inquiry process online1! Start by filling out the inquiry form or calling 855-422-7402 to speak with a title loan agent. 
  • Keep Driving Your Car: You may wonder what happens to your vehicle during a title loan agreement. ChoiceCash title loans serviced by LoanMart can allow qualified borrowers to continue driving their cars during the entire repayment period1! However, this privilege is only extended to people who pay their monthly installments on time. If you don’t pay back your loan, you risk having your vehicle repossessed. 
  • Competitive Interest Rates1: ChoiceCash title loans serviced by LoanMart may offer funding with competitive rates industry-wide1! The lower your interest rates on a title loan, the less money you may end up paying back over time. 

How Does a Title Loan Work in Oklahoma?

Title loans in Oklahoma work very simply! A person can use their car title as collateral in exchange for funding from a lender. This is considered a ‘secured loan’ because a physical asset is used as a form of insurance for the loan amount. That’s why title loan lenders may not focus much on a person’s credit history during approval! While it may be considered, what matters more is how much equity is in your car and if you have a steady income to repay the loan. 

On the other hand, an ‘unsecured loan’ is what most traditional banks give out. With these financial agreements, no physical collateral is used as insurance for the lenders. Instead, they solely rely on a person’s credit score and history to determine if they are responsible enough to be lent money. That is why the approval process for these types of loans can be strict and challenging! They may think you are too much of a risk if you have a bad credit score.

If a traditional bank does approve someone with poor credit, they may implement high-interest rates and hidden fees! This can make getting a loan much more stressful when you need help. Fortunately, a ChoiceCash title loan comes with no hidden fees, and qualified borrowers can take advantage of competitive interest rates.1

Requirements for a Vehicle Title Loan in Oklahoma 

Inquiring about a ChoiceCash title loan serviced by LoanMart in Oklahoma is accessible to people from many different financial backgrounds1. However, there are still some requirements you need to meet to be considered for loan approval. They are:

  1. Be over the age of 18 years or older
  2. Have a legal car title under your name
  3. Show proof of a steady income

You can apply for some loans in America when you’re a minor, such as a student loan, but a title loan in Oklahoma is different! You need to be at least 18 years or older to qualify for this type of financing. Additionally, approval for a  car title loan requires a borrower to use their vehicle’s title as collateral for the funding. Without a legal car title under your name, you cannot move forward with the inquiry. However, if you are still financing your vehicle, you may still be able to qualify for a car title loan if you meet other qualifying criteria.1

Finally, you will need to show proof of a steady income! This shows the title loan lenders that you have enough money to repay the loan during the agreed-upon time. The best thing about a ChoiceCash title loan serviced by LoanMart is that alternative forms of income are accepted during the inquiry process1! You don’t need to work a traditional 9-5 job to be approved. 

Documentation for a Title Loan in Oklahoma

If you understand the requirements for a title loan and meet them, the next step is gathering the necessary documentation! Any financial agreement will require digging up some paperwork. Still, the good news about a ChoiceCash title loan serviced by LoanMart is that the essential documents are things that most adults can easily find. You will need:

  • Government Issued Photo I.D. Or Oklahoma State I.D.
  • Proof of Residence in Oklahoma
  • Proof of Income
  • Proof of Certificate of Title in Your Name
  • Recent Photos of Your Vehicle

As mentioned earlier, you must be an adult at least 18 years old to inquire about a ChoiceCash title loan serviced by LoanMart in Oklahoma1. An auto title loan is a big decision, so you must be old enough to apply for one! You can prove your age and identity by showing a driver’s license or passport. Other forms of government or state-issued identification can also be accepted.

Proving that you live in Oklahoma is essential too! While ChoiceCash title loans serviced by LoanMart are available in many American states1, they aren’t available in all of them. You need to show that you are a resident of Oklahoma to qualify for this financing! You can do so by offering a piece of recent, official mail, like a utility bill or a statement from the bank. 

The next form of documentation you need is proof of a steady income. This is important because it shows that you will be capable of repaying the loan if you’re approved. The good news is that you don’t need to work a traditional job to qualify! Below are examples of acceptable forms of income for a title loan:

  • Worker’s Compensation
  • Social Security Benefits
  • Self-Employment
  • Settlement Income
  • Retirement Income
  • Annuity Payments

Perhaps you can’t work anymore due to an accident that happened on the job but are still receiving compensation, or maybe you own an online storefront that serves as your primary source of income. Part of the flexibility of a ChoiceCash Title Loan serviced by LoanMart is that alternative forms of income can be accepted!1

Additionally, you need to show proof that you have a legal car title under your name. It’s okay if you aren’t the main driver– as long as you prove that the title has your name on it, you can move forward with the inquiry process.

Finally, you may need to show recent photos of the vehicle. That’s because title loan funding depends on how much value is in the car; therefore, inspecting to determine its overall condition may be necessary. The good news is that you won’t have to go in person for this inspection! By sending in the right photos, you can complete the examination online. 

How Much Money Can I Get From a Title Loan?

The potential loan amount depends on several factors but is mainly determined by how much equity is in a borrower’s car. Since a car title serves as the insurance if someone stops paying their funds back, the amount lent out may equate to a portion of the vehicle’s value.

Car equity is how much overall value is in a car, including its condition, minus the amount still owed. If you have an older vehicle and own it outright and have kept it in good condition over the years, you may have a good amount of equity on your car! To estimate this number, ChoiceCash title loans can offer borrowers a helpful online calculator tool. Get started by entering some basic information about your vehicle and finances. 

Generally, a qualified borrower may receive anywhere from 25-50% of their car’s equity in loan proceeds.

title loans in oklahoma

How Is Car Value Determined in Oklahoma?

Since car value and equity can determine your potential title loan amount, you may wonder how this valuation is calculated. Several factors are considered during the approval process! These are not absolute rules, but things that may generally affect how much a car is worth overall. They are:

Model, Make, Year Car Was Manufactured

The kind of car you drive and when it was manufactured are two factors that can affect how much your vehicle is worth. You may worry about the overall value if you own an older car. However, many cars on the market retain high value because they are popular and in demand, despite the year they were made. 

Some examples of this include the Ford F-Series and the Honda Civic. These are cars that people consistently want and can hold a higher value!


The number of recorded miles on your vehicle’s odometer can significantly impact its overall condition and worth. That’s because cars with higher mileage can mean lots of wear and tear over the years, so the vehicle’s mechanics/parts could be compromised.  If your car has over 100,000 miles, it may lose significant value. Alternatively, if you’ve driven your vehicle an average amount, and it has around 50,000 miles, it may still be in good condition and worth a decent amount of money!

Overall Condition

Have you taken good care of your car over the years? Does it get regular engine checks? Are there dents or scratches around the exterior? Does the sound system still work? These are important questions used to determine a vehicle’s overall condition. If you’ve kept up with regular maintenance and fixed minor repairs, your car should remain in relatively good shape! 

Upgrades and Modifications

It’s not uncommon to add modifications to your vehicle over the years. Maybe you wanted a new sound system or added better windshield wipers because you live in a wet area. Upgrades to your car can add to its value most of the time, but some changes can also decrease it. Making your engine louder or adding fancy hubcaps may appeal to some people, but they can affect how much your car is worth in the long run. 

Road Conditions in Oklahoma

Settled in the middle of the country, Oklahoma is one of the great plain states, with land that transitions from a wet forest in the east into dryer regions to the west. There are only two ‘big’ cities within this state, which are still small compared to the rest of the country. That means vast plains cover most of this area, with long stretches of rural land and tiny towns.

It’s no surprise that the two most popular cars in this state are big pickup trucks– the Chevrolet Silverado 1500 and the Ford F-150, according to a local news station in Oklahoma City. Lots of power from your vehicle is required if you’re driving long distances through the great plains of the country! 

Inquire About a Title Loan in Oklahoma Today!

Just because you have a bad credit score or no savings account doesn’t mean you’re out of options when it comes to financing. When a significant emergency happens, you shouldn’t feel scared or helpless. You can inquire about a ChoiceCash title loan serviced by LoanMart to potentially receive access to funding within the same business day if you qualify1

With flexible terms and a straightforward online process, there has never been a better way to find a short-term financial solution.1 You can get started by filling out this inquiry form or calling 855-422-7402 to speak with a title loan representative.

Paying back your title loan funds as a qualified borrower is quick and easy. You have multiple options– you can set up automatic payments from your bank account, send a check in the mail, or head to a participating money transfer location in your area!

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

Pay for your car title loan at any MoneyGram location in Oklahoma. 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 Oklahoma 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 Oklahoma Can I Get a ChoiceCash Title Loan in?

ChoiceCash is proud to service residents all over Oklahoma 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 Oklahoma: