1-800 LoanMart
15821 Ventura Blvd. Suite 280
Encino, CA
(800) 562-6627
800loanmart.com
There are many different types of payday loan companies out there and some can be very vague when it comes to what they actually do for specific states. 1800 LoanMart features a lot of CA specific payday loan information right on the front page so you know they understand the regulations and can provide you with a way to get cash quickly and easily.
Websites for CA companies may only be comprised of a handful of pages and in this case, you’ll see links to all the major cities including Los Angeles, San Francisco and San Diego. By using these links you can narrow down the application process and read some local title loan information before you apply if you like.
What They Offer
1800 LoanMart specializes in title loans only. You first fill out the application in the office which pre-qualifies you for a specific amount depending on the vehicle you have. This is combined with how much you make per month and where you are located. Once you complete that, your customer service rep will go over the specifics with you and you’ll work together to decide on an amount.
The information needed for a payday loan is employment information, bank account/check information and a few references. When you’re approved you will be able to select when you’ll pay it back within a a few months at moderate monthly payments.
Where They Are Located
1800 LoanMart is located in Encino but has lots of branches so you can take advantage of their services in many cities. This can be a great benefit because many times, the need for quick funds arises when you are traveling. A flat tire, broken belt or lost wallet can cause a great deal of stress and by getting a title loan on the go, you can continue on your way relatively easy if you’re near an office.
You can start this service from any internet connected device such as a computer, PDA or newer cellular phone and be able to complete some of the application process before you visit. In some cases you may be required to fax something but most companies have eliminated this step.
Rates/Terms
This company only deals with California customers so you won’t have to worry about selecting the wrong amount from a drop down list while applying. The maximum you can typically get in CA for normal payday loans will amount to $300 and companies tend to offer you $250-$255 and the rest is fees to equal that $300 total. You are expected to pay it back in full on your next payday but depending on the lender, you can get up to 31 days to pay it back.
Since this is a title loan only company, these rules don’t really apply but can be a good rule of thumb to try to stick to if you only need a small amount at once.
Additional Info
It’s a good idea to ask the customer service rep as many questions as possible so you feel absolutely comfortable with their rules and regulations. Most companies are extremely customer service oriented and many offer discounts and benefits for repeat customers.
