What Are Logbook Loans?

If you own a car which is under 10 years old as well as free or nearly free of taxes or any other financial penalties, and you can afford the repayments, then you can qualify for a log book loan. A V5 logbook finance loan is a loan secured against your car.

How much you can borrow will depend on the value of your car and how much you can afford to repay. The big advantage of a log book loan is that you can continue to use the car while you make your repayments on the loan. Logbook Loans are among the fastest and easiest types of loans to get approved for in the UK.  
 The advantages of Log book Loans
In the current economic climate many people in the UK are finding that they have a bad credit record and in many cases through no fault of their own. In this situation many are refused finance from the high street banks and other lenders. In this case a logbook loan can be a great alternative for a number of reasons.

No credit check required

Borrow from £500 up to £50,000

Self employed, unemployed or on benefits considered

Loan approved in Less Than 24 Hours

Flexible loan repayment period

Personal confidential service
  No guarantor required