800LoanMart is a typical predatory title lender and should be prosecuted. Their practice is providing the financially burdened consumer by misleading them to enter a "short-term loan" which results in a cycle of long-term, high-cost debt with high annual interest rates of 100% or more. I have made consistent monthly payments on a 'short-term loan' for 3 years and still have a balance equivalent to my original loan. You will never catch up when you are being charged $10 dollars a day in interest. Even though you make consistent 'monthly' payments. I would advise that anyone seeking a short term title loan to borrow from a family member or friend. Do not take out a loan with 800loanmart.
