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Logbook Loans Explained

Borrow £1000 to £10,000
Secured on your car
Keep using your car
Bad credit considered
No hidden fees
Quick decision

Logbook Loans In 60 Seconds

All about Logbook Loans

Video Transcript

Logbook loans allow you to borrow money against the value of your vehicle. This may be an option worth considering if you have a less than perfect credit history. You will be credit checked but you could still get your loan within hours of applying even though it is secured on the value of your vehicle. Does this sound like an easy option? Well, keep in mind the following:

You risk losing your vehicle if you don’t keep up the repayments
The cost of a logbook loan may be higher than some other options

If you are still interested then how do you go about obtaining one?

Choose the lender with care. We have teamed up with one who has a good reputation.
Show the lender you can afford the repayments
Provide the lender with the vehicle’s V5, MOT and insurance documents
Show the vehicle to the lender at one of its branches
Read the loan agreement carefully – if you are not happy, then walk away before signing!

Read more about logbook loans and to look at alternatives visit the Solution Loans website.

Audio Track

LEARN MORE ABOUT SOLUTION LOANS

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THE SOLUTION TO YOUR MONEY PROBLEMS

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Answer 4 quick questions and we’ll tell you what kinds of credit may be available to you

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Written/Reviewed by: Amanda Gillam

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