Does anybody know a legit car title loan company?
I was going to try out LoanMart but before I submitted my info I decided to take a look at a few reviews and wow did taking a few seconds of my time save my ass. LoanMart is totally out of the question, since this is my first time looking for a LEGIT company it seems quite impossible. If anybody has any type of experience with this please let me know. I would really appreciate any info you can give out. Thanks
Public Comments
- All these companies have the same complaints - all of them. They all rob poor desperate people and bleed them to death financially
- The most secure place for a title loan is at your local bank. Take the title with you and check a couple of them out. It helps (though not much) if you have an account with the bank.
- Nearly all of them are legit. They are simply all RIP OFFS. They are basically payday lenders that can repossess your car if you default.
- Being in the industry myself I can tell you without question that LoanMart is a great company to deal with. I totally get you being afraid to do business with a shady one and you are 100% mistaken on your assumption with LoanMart as I deal with these people all the time and they are some of the nicest, honest people I have ever met. I also have dealt with some companies that are FAR from good and one in particular is shady at best. In any business there is good and bad. The only people who are afraid to deal with a big brand name company is people who think or assume they will not pay on the money borrowed and fear that they will lose the car. Why would you worry about this? If you think you may not be able to pay back the loan then DON'T take a loan out! It's really that simple. A big name company cannot afford to lose business while a small name company can just change it's name every other day, leaving a trail of people ripped off in it's path. There is also the logic of the situation to take into account when you see reviews. It's a game. Want to bash your competition...post a bad review. Want to make yourself look good... post a good review. Want real reviews? Deal with the BBB and I can tell you LoanMart is A+ rated! So the games stop when you do the real research. If a "mom and pop" lender does a whopping 100 loans a year and a brand name such as LoanMart does thousands then it stands to reason that the most you will hear about the "mom and pop" company is not very much compared to the massive volume of possible people who do a title loan with a big company. This reminds me of the issue that a big brand airline had when they had to deal with the same thing. They are one of the largest carriers in the country. What they did was put on a cable TV showing the idiots who would complain ON FILM so people would know just as crazy as it is. Worked like a charm. Nothing like seeing it with your own eyes to realize that SOME people complain over stuff THEY cause! See this is the world in which we live. No one wants to take responsibility for our actions and it is easy to pick on a company then face the fact when we mess up. Stop blaming the people who kindly give out money during a very hard time you are having and do so nicely and with such ease and make sure when you DO take out a loan, you follow the rules. It's simple. These people are legit, great and generous and you have been a victim to the scam of "online reviews". Good Luck
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