Am I eligible?
To be eligible for a logbook loan, you need to be 18 years of age, a permanent resident in the UK, and the legal owner of the vehicle. The vehicle should be free or nearly free of finance and roadworthy.
What do I need to bring?
You need to bring your vehicle’s logbook or V5, MOT certificate, proof of insurance, proof of ID, proof of residence such as recent utility bills, and proof of income such as wage slips or bank statements.
What will happen to my car?
You continue to have the full use of your vehicle for the duration of the loan. The logbook loan lender will only keep your vehicle’s logbook (V5), but you can continue driving your car for as long as you keep on paying your monthly repayments.
What other types of vehicle do you accept?
Our lenders consider almost all kinds of vehicles, from cars, motorcycles, vans, trucks, providing your vehicle is roadworthy,
How much can I borrow?
Our Logbook loan lenders can let you borrow between £250 and £50,000, however every application is subject to affordability and eligibility.
How long will it take before I get my money?
Simply enquire online and you will be contacted by the logbook loan lender. They will discuss your requirements and arrange an appointment for you. Subject to your availability, you could have money the same day.
What are the risks?
Logbook loans are secured against vehicles. Your vehicle may be at risk if you do not maintain your contracted payments. The lender will assess your ability to afford the repayments at the appointment to ensure you can comfortably afford the loan.