Getting an auto title loan today is not the same as it used to be. There was a time when the whole process could be very inconvenient, with multiple trips to a loan store and then potentially waiting days to get the money you urgently needed. Thanks to the internet, that process has gotten a lot smoother and quicker, with many lenders making it possible to complete the process online.
ChoiceCash Title Loans – The Completely Online Auto Title Loan Experience
When you’re in urgent need of money, the last thing you want to do is waste time searching for a lender and then driving back and forth to a physical location. It’s inconvenient and time-consuming, especially when you then have to wait for your money to be available in your account.
A ChoiceCash Auto Title Loan, serviced by LoanMart, provides a completely online, hassle-free experience. Trusted by thousands of borrowers across the nation, it has a proven track record that’s hard to beat, saving you the time and effort of asking friends and family for a recommendation or searching online for a reliable lender.
You can start your application by going to www.choicecash.com or, if you’d prefer to speak directly with a loan specialist, calling 855-914-2945 toll-free. You only need to take a few minutes to answer some basic questions about yourself and your vehicle in order to be pre-approved.1
After agreeing upon the loan details, your loan specialist will outline the documents you’ll need to submit. Fortunately, you probably won’t be hunting around for these as you’ll most likely have them available at home.
- Proof of income – for example, pay stubs, bank statements or government award letters
- Proof of residency – almost any mail with your name and physical address
- Photo ID – must be government issued
- References – either personal or professional
- Vehicle Title – make sure you’re listed as the owner
You’ll also need to submit photos of your vehicle; the front, back, sides, odometer and VIN. These are used to verify the condition of your vehicle, so there’s no need to drive anywhere for an on-site inspection!
Once you have the documents, you only need to send them over to your loan specialist. The good news is that you can either submit them via a secure website, email or even SMS text message, saving you even more time. No more driving to and from the lender’s location!
At this point, you’re almost there. Your loan specialist will take a few moments to review the documents and then your loan agreement will be prepared. Unlike the traditional way of getting a loan, you won’t need to sign in-person. Instead, you can sign the agreement online via DocuSign and be finished in minutes.1
Your money is almost ready. You could choose to have it transferred directly to your checking account or, if you need the money in a hurry, you could visit any number of MoneyGram locations and then walk out with cash in your hand.
From start to finish, the entire process can be completed in hours and without ever leaving your home.1 There’s no need to visit a store, no need to wait around and no going back and forth to your home or elsewhere.
While these features are clearly an improvement over the traditional process, a ChoiceCash Auto Title Loan, serviced by LoanMart, can offer you additional benefits the traditional lenders can’t.2
What Are the Other Benefits of a ChoiceCash Auto Title Loan?
Besides completing the entire loan process online, a ChoiceCash Auto Title Loan has other features borrowers love. Traditionally, when you borrowed money you made your monthly payments until the loan was repaid. While that’s still true, a ChoiceCash Auto Title Loan, serviced by LoanMart, can reward you for making your payments on-time.2
This works by reducing your annual interest rate, which then also reduces your monthly payments. 2 Continue to make your payments on time and your rate could be reduced even further, allowing you to lower your bill every month. Imagine being able to save a little more every month as a result! 2
In fact, if you kept the loan for the full term, you could see your payments nearly halved! 2
Not interested in keeping the loan that long? There are no pre-payment penalties either, so you can repay your loan at any time without incurring any additional fees or costs.
Better yet, a ChoiceCash Auto Title Loan can also give you the opportunity to potentially borrow more in the future – and at the same low rate you’ve worked hard for on your existing loan. 1 2
A completely online application process, payments that can go down and potentially more money when you need it; it’s not hard to see why a ChoiceCash Auto Title Loan, serviced by LoanMart, is the smarter option for today’s tech-savvy borrowers.