Associated tags: VAN, LoanMart Field, IOS, Apple, Android, App Store (iOS/iPadOS), Mobile phone, Education, Documentation, Title loan, California Department, Character, Student, National Merit Scholarship Program, Motherhood Initiative for Research and Community Involvement
Locations: CALIFORNIA, UNITED STATES
With Q4 2023 in the books, LoanMart has taken an initial look at title loan payment performance and title loan demand for borrowers with vs. without student loans.
Key Points:
- With Q4 2023 in the books, LoanMart has taken an initial look at title loan payment performance and title loan demand for borrowers with vs. without student loans.
- Thus far, the data does not show a material impact of the end of the student loan pause on the title loan borrowers.
- Since the end of the student loan pause, the share of borrowers with outstanding student loan debt has accounted for only 21.2%, a reduction of 0.7%.
- In summary, LoanMart's data thus far suggests that title loan customers with student loan debt have adjusted well to the end of the federal student loan pause.
VAN NUYS, Calif., July 14, 2023 /PRNewswire/ -- LoanMart has released updated versions of its mobile applications for both Apple and Android phones.
Key Points:
- VAN NUYS, Calif., July 14, 2023 /PRNewswire/ -- LoanMart has released updated versions of its mobile applications for both Apple and Android phones.
- Besides making the LoanMart mobile app compatible with the most recent iOS and Android versions, the newly released app includes enhanced features such as the ability to view the current loan balance in real-time, and generate a payment code to conveniently make cash payments at over 40,000 participating retail locations in the U.S. As in its prior versions, LoanMart's updated mobile app continues to offer a detailed view of a borrower's payment history, and the ability to sign up for convenient recurring payments free of charge.
To further the academic growth of students pursuing higher education across the country, LoanMart now offers an exclusive Merit Scholarship of $2,000.
Key Points:
- To further the academic growth of students pursuing higher education across the country, LoanMart now offers an exclusive Merit Scholarship of $2,000.
- High school students currently residing in the United States can start the online scholarship application process if these characteristics accurately describe themselves: Scholarship, Community Involvement, and Character.
- To be considered an ideal candidate for this Merit Scholarship, applicants should include letter(s) of recommendation with their application.
- The winner of this Merit Scholarship will be notified through LoanMart no later than January 31st, 2023.
