As Marketplace Lenders Offer Less, LoanMart Offers More Opportunities for the Credit Challenged

LOS ANGELES–(BUSINESS WIRE)–#LoanMartLoanMart,
one of the nation’s premier financial technology companies, is excited
to introduce a new type of loan to meet the significant demand of its
customers: an Unsecured Personal Loan.

Financial institutions across America are offering fewer borrowing
options for the credit-challenged, a trend that is leaving many
consumers with little or no option when it comes to gaining access to
much needed money. In response to this problem and at the request of its
customers, LoanMart developed a unique Personal Unsecured Loan that will
help people in need of money. LoanMart specializes in providing
non-prime consumers, many of whom face persistent challenges in securing
credit, with access to competitively priced credit. LoanMart’s Unsecured
Personal Loan offers responsible lending features including credit
bureau reporting, amortizing loan balances, flexible repayment schedules
and no prepayment penalties. LoanMart will now offer Unsecured Personal
Loans in 8 states including California, Alabama, Missouri, New Mexico,
Utah, South Dakota, Georgia and Indiana. LoanMart will also continue to
offer vehicle secured loans in 11 states and small business loans for
self-employed consumers in another 14 states. 1-800-Loan Mart is
licensed by the California Department of Business Oversight.

About LoanMart:
Starting in 2002, LoanMart has grown into one of America’s largest
lenders to people with less than perfect credit by helping people
quickly get the money they need with both vehicle secured and personal
loans. For business development inquiries, please contact Rainer Walk,
SVP Corporate Development at rwalk@loanmart.com
or 818-465-7460.

Rio Media Inc. is the agency of record for 1-800-LoanMart and produced
the commercials with Hulk Hogan. Rio
Media
is a full-service advertising agency that specializes in
celebrity endorsement partnerships and direct response advertising. If
you would like more information on this article, please call Rio Media
at 714-794-9735 or visit www.RioMediaInc.com.

Contacts

LoanMart
Rainer Walk, SVP Corporate Development
818-465-7460
rwalk@loanmart.com
or
Rio
Media
Thomas Iorio
714-794-9735
www.RioMediaInc.com