MotorMax Financial Services

MotorMax Financial Services

  • 2015 Sparkman Dr NW
  • Huntsville, Alabama
  • 35810

Description

As Part of our finance business, we obtain certain "nonpublic personal financial information" about you. Which for ease of reading we will refer to as "Information" in this notice. This Information includes Information we received from you on your application or other forms, Information about your transactions with us, our affiliates or others, and Information we receive from consumer reporting agency. We restrict access to the Information to authorized individuals who need to know this Information to provide service and products to you. We maintain physical, electronic, and procedural safeguards that protect your information. We do not disclose this Information about you or any former customer to anyone except as permitted by law. Employees share this Information outside the company only as authorized by you or for a specific business purpose. The law also permits us to share this Information with companies that perform marketing services for us, or other financial institutions that may service or purchase your retail installment sales contact. We may also share other types of information with our affliates including finance companies or automobile companies.

Yes, all of our loans are secured by collateral and we use your vehicle as collateral. To secure a consumer loan with 1800NewRate, individuals must own their vehicle free and clear. Meaning that no loan company is listed on the title. The one exception to this is our Title Loan and Title Pawn Rescue. Individuals with an existing title pawn can apply for a loan with 1800NewRate even though their car title has the current title loan company's name on it. Can I keep my car? YES, you keep your car! Whether you apply for a consumer loan or Title Loan and Title Pawn Rescue, you keep your car. For Title Pawn Rescue customers, once your loan is approved, 1800NewRate will pay off your current title loan company. This will remove their name as lien holder on the title of your vehicle. 1800NewRate will then be listed as lien holder since the car title is collateral for the loan. But throughout this entire process, you keep your car! Can 1800NewRate help repair my credit? Yes! 1800NewRate realizes that title loans are designed to serve consumers with poor credit. In order to help our customers improve their credit, 1800NewRate reports to the credit bureau.

1800NewRate offers consumer loans, title loan and title pawn rescue to the residents of Georgia. Currently we are located in Columbus, providing financial services to city residents and to those in outlying areas. We are eager to assist with your financial needs, so please visit us and we'll protect your title.

Fact sheet

Company founded
2008

Products & services

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