LoanMart Salary

As of September 2026, the average hourly salary for employees at LoanMart in the United States is $57. This translates to an approximate annual wage of $118,011. Salaries at LoanMart typically range from $50 to $64 hourly, reflecting the diverse roles and experience levels within the company.
How accurate does the salary look to you?

Is LoanMart’s Pay Competitive? Salary Benchmarking Analysis

How does LoanMart's compensation stack up against the industry and its key competitors? Our salary benchmarking analysis provides a clear comparison. The chart below visualizes this comparison alongside select peer companies.
Competitor / Benchmark Avg. Salary Variance Primary Market Influence Factor & Explanation
First Business Financial Services Inc $53
-6.0%
Reflects market rates for standard general contracting, differing from specialized roles.
Nations Direct Mortgage LLC $55
-2.2%
Confirms Nations Direct Mortgage LLC is a direct competitor vying for the exact same talent pool.
ACI Capital Co LLC $56
-1.9%
Indicates identical technical requirements and experience levels between the two firms.
iLending $51
-10.7%
Typical compensation structure for smaller regional agencies like iLending.
Financial Services Industry $59
+3.0%
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors.
Need More Granular Data? The analysis above provides a high-level market overview. To benchmark specific job codes, adjust for real-time cost-of-living changes, or access verified HR-reported datasets, upgrade to Salary.com for Business. Precision matters when building your compensation strategy.

Employee Reviews: Working at LoanMart

Considering a career at LoanMart? Explore authentic employee reviews to learn about the work environment, career growth opportunities, pay transparency and benefits. These first-hand insights can help you set realistic compensation expectations and make informed career decisions.
The work is steady with clear goals. It feels like a family here, not just a workplace, fostering strong bonds among colleagues. It's the perfect balance of tradition and progress. Managers share context behind decisions.
It’s an energizing place to work and thrive. There’s little to disrupt the daily grind. The leadership team is remarkably transparent about company performance, strategic direction, and industry challenges. Leadership actively promotes equity through hiring practices, ERGs, and unconscious bias training. This firm blends tradition and innovation well. Leadership is supportive and transparent, prov...
Resources are always available, and your manager helps you map out career goals. Respectful culture and competitive pay. Mentorship happens organically across levels. This enables us to work efficiently and effectively for our clients. The executive team at this financial services firm provides exceptional strategic direction.

LoanMart Overview

Website
www.800loanmart.com
Founded In
2001
Employees
200 - 500 employees
Industry
Financial Services
Headquarter Address
15400 Sherman Way Van Nuys California CA 91406
Revenue
$50 Million - $200 Million
Phone Number
+1 2132139605
Social Media
About LoanMart
LoanMart is a lender, marketer and servicer of vehicle-secured loans, headquartered in Van Nuys, California.

What Benefits Does LoanMart Offer Beyond Salary?

A competitive compensation package is more than just a salary. LoanMart offers a comprehensive benefits package designed to support your health, financial future, and overall well-being. Below are the most common key benefits:
Social Security
401(K)
Disability
Healthcare
Pension
Time Off (days)
Work at LoanMart?
Share your experience
How Much Should You Be Earning?

Get an estimated calculation of how much you should be earning and insight into your career options.

illustration

What Is the Cost of Living Near Los Angeles?

Understanding the cost of living near Los Angeles is key to truly evaluating a salary offer or your current compensation at LoanMart.
Los Angeles' Cost of Living Index is approximately 173.3 (73.3% more expensive than US average; 23.9% more than CA average). Driven by extremely expensive housing, high transportation costs, and above-average goods/services. When planning your budget based on a salary from LoanMart, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $2,500 - $3,800+ A significant portion of LoanMart salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $100 (Metro TAP card varies) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $450 - $700 Can be higher with more dining out or specialty stores.
Personal & Leisure $500 - $1,000+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $350 - $700+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $4,050 - $6,450+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of LoanMart

1. What is the typical salary range (low to high) for most roles at LoanMart?

The typical salary range for most roles at LoanMart is approximately from $50 to $64 per hour. It's important to remember that these are overall averages, actual salaries vary significantly based on specific job titles, years of experience, skills, and location.

2. How much does LoanMart pay compared to First Business Financial Services Inc?

The average annual salary at LoanMart is $118,011, or an hourly wage of $57, in comparison to First Business Financial Services Inc which pays $110,912 per year or $53 per hour.

3. Do salaries differ significantly between departments at LoanMart?

Yes, salaries often differ between departments at LoanMart due to varying market demand for specific skill sets and the nature of the roles. For example, technical roles in Engineering or IT may command different salary ranges compared to roles in Marketing or Human Resources.

4. How does experience level affect salary at LoanMart?

Experience level is a significant factor in determining salary at LoanMart, as it is with most employers. Generally, employees with more years of relevant experience and a proven track record can command higher salaries. For example, a senior-level role will typically have a higher pay band than an entry-level or mid-career position within the same job family.

5. How can I determine if a salary offer from LoanMart in Los Angeles is fair given the local cost of living?

To determine if a salary offer from LoanMart in Los Angeles is fair, first compare the gross salary to our data for similar roles at LoanMart and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Los Angeles" to understand its purchasing power.

6. What are the key factors that influence salary levels at LoanMart?

Several key factors influence salary levels at LoanMart. These primarily include: 1. Job Role & Responsibilities: More complex roles with greater impact typically command higher pay. 2. Experience & Skills: Your years of relevant experience and specific in-demand skills are critical. 3. Performance: Strong performance can lead to higher raises and bonuses. 4. Location: Office location impacts pay due to varying local market rates and cost of living. 5. Industry Benchmarks: LoanMart likely benchmarks its salaries against other companies in the Financial Services sector. You can explore how these factors play out in our detailed salary data.