V5 logbook lending
450.5% APR Representative
Our Lending Partners Representative Example: if you borrow £850 over 18 months at a flat rate of 132% per annum (fixed) with a representative 450.5% APR you will make 17 monthly payments of £140.72 and 1 payment of £140.76, repaying £2,533.00 in total.
However, our lending partners only charge interest monthly and do not penalise you for early settlement.
If you repaid the loan in one month it would cost you just £93.50 and nothing more.
Logbook loans are secured against your vehicle and are subject to affordability.
Missed payments may result in additional fees and/or the repossession of your vehicle. Over 18s only, T&Cs apply.
The www.uk-logbook-loans.com website was designed and built from scratch with one purpose in mind. To put those looking for logbook loans directly in contact with a leading UK logbook lender.
No. The www.uk-logbook-loans.com website is purely here to put you in touch with a reputable lender. Therefore we have absolutely no involvement with the loan procedure, loan agreements or repayments of a logbook loan. Once we have put you in touch with the logbook lender our involvement finishes.
Almost all makes and models of cars are suitable for a logbook loan. The easiest way to find out is to complete the quick form. If you don't see the make and model of your car, you can click 'other' to carry on with the process.
Less than a minute! Our simple form puts you in touch with the logbook lenders very quickly indeed, and takes just 60 seconds to complete. All they need is your contact details and some information about your car.
Depending on the value of your car, the amount borrowed can be anywhere between £400 to £50,000. Typically the amount is up to 80%f the value of your cars worth.
So long as you're over 18 years of age, are the legal owner of the vehicle and have no outstanding finance (or only a little outstanding finance) on the car you will be suitable for a logbook loan.
Being self-employed is normally a sticking-point with most loans, however a logbook loan can be more accepting of your employment status. Apply today to find out more.
A bad credit history needn't affect your application for a logbook loan. All credit history is considered, as long as you meet the simple criteria explained above you will be eligible for a loan.
It doesn't matter if you don't have a credit card. Logbook loans are made out as a cheque which can be cashed at an agent store. Please note there would be a fee to cash that cheque at an agent store.Getting a Logbook Loan
Applying for a logbook loan is simple. Just fill in the 60 second form on our website and you will receive a call back from the logbook lender. From there you can formalise arrangements, after which you will need to drop off your logbook in order to receive your loan.
Logbook loans are usually turned around within 24 hours of the initial application.
In order to receive you loan you will need to provide your V5 logbook, insurance certificate and MOT as well as proof of income showing you can afford the repayments.
The service covers the whole of the UK, though by filling in the form and speaking to an advisor they can point you in the direction of your most local branch.
This can vary depending on the terms of your individual loan agreement, however the standard terms are 12, 18 or 36 months.
Yes. You can pay back your loan sooner, in fact this in encouraged as a way to reduce the total interest payments on your loan. Get in touch to discuss the best repayment options available to you.
As always it's best to get in touch with the loan company immediately. They may be able to arrange a temporary payment plan with you.
We are a lead generator, and receive a commission for introducing customers to FCA authorised and regulated lenders and brokers. No advice is given or implied on this website. Our service is free and you are under no obligation to accept any quotes you receive. When taking out a logbook loan, the logbook is held and owned by the lender until the loan is re-paid.
All loans granted subject to affordability. Proof of income will be required. A Log Book loan is secured against your vehicle, which may be repossessed if you do not make payment. Late or missed payments may incur a charge for chasing letters and telephone calls. Lenders abide by the CCTA voluntary Code of Practice. We do not have a renewal policy.
Site owned and operated by Aston Creative Ltd. Registered in England and Wales. Company No. 05784076. ICO No. ZA368335
© 2023 Logbook Loans