Logbook Loans – The fast way of getting the cash you need.
Information on logbook loans.

What is a Logbook Loan?

Logbook loans are short term loan solutions that are aimed specifically at those who own their vehicles. Logbook loans are essentially secured loans, where your vehicle is used as collateral and so the loan is secured against the value of your car. A secured loan gives the lender greater security over the money that they lend. Please remember though that as they are secured loans if you fail to repay what you owe then you risk having your car seized. Usually, the lender will keep hold of your vehicle documents, such as the logbook, throughout the course of the loan.

Why are Logbook Loans popular?

Logbook loans are becoming a more popular form of borrowing money than ever before, particularly as they are a really fast way of getting the cash you need. If you need to get hold of some extra cash quickly then log book loans could be an option for you. Some lenders claim to be able to get the money to you in as little as one hour. They are also suited to those with bad credit and they do not typically require a credit check so you can get one whatever your financial past.

How much can I borrow with a logbook loan?

Logbook loans are available for varying amounts, usually of up to £50,000. The exact amount that you can borrow will depend on the value of the car and the requirements of the lender you choose. Look out for fees because you may be charged if you want to pay early. In some cases if you pay early then you will also pay less for the loan. Before deciding on the company for you make sure you know what happens if you miss payments. You should only choose a company that allows you to keep hold of your car for the duration of the loan.

Why your credit rating is important.

Since Logbook Loans are form of secured loans it is good to know how to make sure you get the best priced loan with or with-out security. The best way to do this is with a good credit rating. A secured and un-secured loan relies primarily on your credit rating and then what you have to secure if you do have a good credit rating. You get a bad credit rating by not paying your bills on time. We are talking about things like credit-card payments, phone bills, electricity etc. It is highly important to make sure all of your payments are on time and up to date. Having a bad credit rating can stop you from getting loans in the future.


Logbook Loans 247

You can get cash the sameday with Logbook Loans 247 and borrow between £500-£50,000. You can apply online or contact your nearest branch and they will arrange a quick meeting to value your car, get some more details and they will then decide on the best logbook loan for you and how much you need to borrow. You can get a loan even if you have CCJs or a bad credit history or are self employed. With Logbook Loans 247 they have maximum loans guarantees, there are no hidden extras, no penalties for settling accounts early and you can depend on a fast, friendly, personal and professional service.

London Logbook Loans

You can borrow any amount between £100 and £10000 for up to 12 months and secure it against your vehicle with London Logbook Loans. Unlike other loans from banks and other lenders with London Logbook Loans it is possible to acquire the money you need in as little as one hour. Also unlike other Logbook Loan Companies, London Logbook Loan has a more sympathetic attitude to lending, taking in to account individuals from less than perfect credit histories! There are no early settlement fees and if you pay early you pay less. Furthermore your employment records are not checked.


Car Cash Point Logbook Loan

Car Cash Point logbook loans are simple and easy to apply for. Apply online and Car Cash Point can organise an appointment for you to either visit their office or for one of their nationwide Company Representatives to come to your home or place of work to complete the loan for you. On completion of the loan they will arrange for an immediate bank to bank transfer of your loan directly to your bank account. At Car Cash Point you can borrow between £500 - £50,000, there are absolutely no set up fees and tenants and people with a bad credit history are accepted. You can settle early or make capital overpayments and decide between weekly or monthly repayment plans. If you need to extend your car loan simply ask for an extension and if for any reason you can't pay-off your car loan and you do not want to extend the loan further, then don't worry there is no penalty fee.


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