A logbook loan is a unique form of financial product that enables you to borrow between £500 and £50,000 quickly and easily. There’s no credit check required and as long as you the registered owner of the vehicle in question then you should find it easy to gain access to a logbook loan. Even if you are self employed, as long as you have the means to make regular repayments, you can borrow money in this way and still drive your car while you repay the loan.
The value, age, and condition of your car will ultimately determine how much you can borrow but it is possible to take out a logbook loan up to the value of £50,000. You can apply online and have a decision instantly, or you can apply in one of numerous logbook loan offices and receive the cash even quicker.
The logbook loan is designed as a short term financial solution. You use the value of your car as security against the loan and then repay this money at the agreed rates on a monthly basis. As long as you continue to make repayments, you will be able to keep driving your car so not only can you continue to get to work or drop the kids off but nobody needs to know that you have borrowed money using a logbook loan.
There are no credit checks which means that even those with a bad credit rating or poor credit history can still benefit from a logbook loan. You can also apply if you are a freelance or are considered self employed. You do need to ensure that you have the income to make the appropriate repayments, otherwise you could lose your car, but as long as you meet the repayments you keep the car and borrow the money.
A logbook loan is designed to be a short term, emergency loan product. It can prove highly beneficial if you have to meet unexpected costs or you need access to money quickly for any other purpose. Borrow money in a hurry, regardless of your credit history, with a logbook loan.
You can borrow money quickly with a logbook loan from LondonLogbookLoans.co.uk – apply to borrow up to £50,000 and receive a decision in less than an hour.