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Logbook Loans have been in existence for over 8 years and currently manage in excess of 10 million pounds
worth of loans for its customer base. Logbook loans are the UK's original and first supplier of the type of loans that
are now called logbook loans. They service the whole of the UK and thousands of customers are benefitting from their
straight forward transparent lending model.
Logbook Loans offer a loan which is secured against the value of a
vehicle using the log book. This could be a car, van, motorbike or anything which has a logbook!
All loan
applications with logbook loans need to have genuine contact details and must own a car that is free of
finance.
When you apply for a logbook loan no credit checks are taken out as the loan is being secured
against the value of your vehicle.
Logbook loan applicants can borrow anywhere from £500 to £50,000
which is dependent on the value of the vehicle which is based on The Glass’s Guide valuation.
The standard
logbook loan term is 78 weeks; however customers can choose to settle their loan early without any penalties.
The Logbook Loans APR reflects the fact that the applicant does not have to pass a credit check and is not subject to any
other qualifying criteria such as employment or income details. This needs to be considered when making a comparison against
other loan products.
Logbook Loans are able to make cash available within 24 hours!
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