Best Reviews TopConsumerReviews.com Best Car Title Loans Best Reviews
Best Reviews
      January 15, 2019

Home  >  Car Title Loans  >  Max Cash Title Loans vs Loan Mart

Best Car

Title Loans

  1. Loan Mart
  2. Auto Cash USA
  3. 1 800 Car Title
  4. Loan Auto Title

Compare Products

  • Select any 2 companies in our reviews to compare them head-to-head!
  • Compare

Your Information Is Secure
Worry Free Car Care Manual Newsletter

Latest Reviews

Bunk Beds

Charm Bracelets

Dating Sites

Eczema

Flower Delivery

Fruit Baskets

Guitar Lessons

Hair Loss

Menopause Relief

Online Stock Brokers

Watches

 

Individual Reviews

Max Cash Title Loans

Loan Mart

Auto Cash USA

1 800 Car Title

Loan Auto Title

 

Our professional reviewers evaluate products and services independently, but Top Consumer Reviews may earn money when you click on the links on our pages. Learn more.

Better Business Bureau Reliability Seal

Max Cash Title Loans vs Loan Mart

Best Car Title Loan Providers

To help you find the Best Car Title Loans, TopConsumerReviews.com provides you with an in-depth comparison of Max Cash Title Loans and Loan Mart.

To see ALL of our reviews for the Best Car Title Loans, please Click Here

Car title loans help millions of people to quickly access cash in times of need. In today's economy, not everyone is fortunate enough to have money in savings or a generous friend or relative from whom to borrow. When unexpected bills arise, such as an expensive car repair or visit to the emergency room, it can be challenging to find the funds to pay them. Car title loans use your vehicle's title as collateral for a short-term loan, while still allowing you full use of the car for all of your everyday needs. When you repay the loan, the title is returned to you, hassle-free.

Why do some people choose car title loans over other ways to borrow money? First, most car title loans are available to customers who don't have high credit scores. Also, the amount of an car title loan is based on the value of the vehicle, so some car owners can get more money than with other types of loans, if they have a car that's worth more.

Continue reading below reviews

Best Reviews

2019

Car Title Loan Reviews

5 stars
Max Cash Title Loans

MAX CASH TITLE LOANS Visit Site

Fees:

Interest rates from 52% to 300% APR (96% APR on average)

Additional fees depending on the state and selected lender

TopConsumerReviews.com Best-In-Class Blue Ribbon Award Max Cash Title Loans wants to make it as simple as possible for you to get the cash you need in a hurry. Customers can receive their money in as little as one business day from the time their application is completed, although some customers have had to wait as long as 72 hours to get their funds after providing documentation via email or fax.

Max Cash Title Loan has the largest service area of any car title lender in our review. They can accept applications in all states except New York.

The car title loan application is a simple online process. As a car title loan referral service, Max Cash will pair you with a lender. That means that, once matched, you may need to disclose additional detailed information directly with them.

Once your car title loan application is approved, in order to get your funds, you may need some or all of the following:

  • Government-issued photo ID
  • Free and clean car title
  • Three references (not relatives)
  • Insurance (required by some states)
  • Social Security card or a document showing your name and SSN

As with most car title loans, the rates offered through Max Cash's lender partners are high compared with other types of personal loans. Car title loan rates can range anywhere from 52% APR to 300% APR, with an average APR of 96% across borrowers. We appreciate that Max Cash Title Loan encourages borrowers to pay off their loans as soon as possible, in order to avoid paying so much money in interest.

Another area where Max Cash stands out from other car title loan providers is in their solid reputation. After some investigation, we learned that Max Cash is a part of TMG Loan Processing - a company with many satisfied reviews from borrowers. We discovered that TMG is extremely responsive, transparent, and helpful with their customers. This is reassuring in a market where some of their competition have been fined for illegal or deceptive practices.

We also discovered that Max Cash thoroughly vets and approves the lenders with whom they partner. They try to utilize their loan volumes to achieve better interest rates and quality service for their customers.

With a great reputation and wide service area, Max Cash Title Loans stands out fom other car title loan providers. We think you'll find the loan experience with Max Cash to be honest, easy to understand, and dependable. They earn our highest rating.

Visit Site

4 stars
Loan Mart

LOAN MART Visit Site

Fees:

Interest rates from 60% to 180% APR

Additional fees of approximately 5%

As part of Wheels Financial Group LLC, LoanMart provides car title loans in the states of California, Arizona, New Mexico, Utah, Missouri, Illinois, Alabama, South Dakota, and Wisconsin. Founded at a pawn shop in Sherman Oaks, CA in 1999, LoanMart is now the top car title loan provider on the West Coast, with more than 150,000 customers throughout the country. We were pleased to see that their "A" rating with the Better Business Bureau is further evidence that LoanMart is a reputable source for car title loans.

As with most car title loans, interest rates are high at LoanMart, ranging from 60% to 180% APR. Further fees were harder to determine, but from what we were able to find on specific state disclosures, you can expect additional fees of approximately 5% of the total of your loan, to cover application and origination costs.

LoanMart allows you to apply for your car title loan online or in person at a local participating store. Whichever route you choose, you should expect the application process to take around five minutes and to get your cash in 24 hours or less, via cash, check, or wire transfer. You can borrow up to 120% of the equity in your vehicle, more than any other auto title lender in our review.

We also like LoanMart's unique "Five Day Peace of Mind Guarantee". If you change your mind within five days of taking out your car title loan, you can return the funds at no cost (LoanMart waives the application fee and any other charges).

LoanMart is a great choice for your car title loan - if you happen to live in one of the nine states they serve. We would gladly increase their rating if LoanMart expands into more states, to better serve a wider range of customers.

Visit Site

Continued from above

However, car title loans have some disadvantages that you should consider. The main caveat is that if you do not repay the loan, you will lose your car as the lender will effectively be the new owner. This can jeopardize your ability to get to work, school, or other important destinations. Equally disadvantageous are the high interest rates charged by most car title lenders. Obviously, car title loans are a last-resort way to borrow money, given the high fees and the risk of losing your vehicle.

Still, being able to get the cash you need to pay overdue bills or for other pressing needs is important. When evaluating different car title loans, make sure to keep in mind the following:

  • Loan Amount. How much money do you need? A variety of loan amounts are offered by different lenders, and most have a minimum amount that you'll need to borrow.
  • Service Fees and Interest Rates. Will you be charged anything for processing the loan? What are the interest rates typically charged by the lender?
  • Convenience. Is the application process 100% online, or will you need to fax in any required documents? How quickly will the funds be transferred to your account?

TopConsumerReviews.com has reviewed and ranked the best Car Title loans available today. We hope these reviews help you find the right title loan for your short-term financial needs!

Why Car Title Loans May Not Be as Bad as They Seem

Car title loans can have a pretty bad reputation depending on who you ask. They are often compared to payday loans when it comes to high interest rates, predatory nature, and the fact that they are pr...

Published:  Sun, 13 Jan 2019 07:57:00 GMT



Arizona title loans: Everything you need to know

Car title loans are popular among borrowers who have bad credit scores or people who are in need of urgent cash - the city of Chicago, Baltimore, and NYC need cash but there is not any car loans ...

Published:  Fri, 04 Jan 2019 03:47:00 GMT



Monthly auto loan payments swell to $558 a month - here's how to save

The average monthly auto loan payment for a new car in December ... Insurance Crime Bureau , CarFax or the National Motor Vehicle Title Information Center . You may also want to have the car ...

Published:  Sat, 05 Jan 2019 19:45:00 GMT



Payday loans offer fast money, but fees and interest leave many Virginians deep in debt

With just a few days to go to pay for her final semester at Norfolk State, Nadeen Williamson decided she'd like to pay the whole bill off at once, rather than do another student loan.

Published:  Wed, 02 Jan 2019 10:13:00 GMT



How long will it take for your car loan to be approved

Once you've found a car loan to suit your needs, your application will follow the steps below: There are a number of issues that can delay the approval of your car loan application. These include the ...

Published:  Thu, 03 Jan 2019 10:38:00 GMT



Low-Income Oregonians Report Heavy Debts

Ezekiel Gorrocino and Rachel Stein with Geoffrey Riley. When money gets tight, what do you do Payday and car-title loans are among the options that low-income Oregonians resort to, according to a rec...

Published:  Mon, 14 Jan 2019 11:28:00 GMT



Reagor-Dykes Auto Group files reorganization plan

LUBBOCK, TX (KCBD) - In a 60 page document filed Monday afternoon, Reagor-Dykes Auto Group submitted a plan of ... help pay unpaid taxes, title, and license fees and trade-in loans; (c) help make othe...

Published:  Mon, 07 Jan 2019 09:29:00 GMT



Share Us!    Share TopConsumerReviews.com on Twitter Share TopConsumerReviews.com on LinkedIn Share TopConsumerReviews.com on Google+ Share TopConsumerReviews.com on Pinterest

Home      About Us      Terms & Conditions      Privacy Policy      Contact Us      Disclosure