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Logbook Loans or V5C loans are available to anyone who owns a car say from 2000 onwards and the car is free of finance or near the end of finance. These loans are secured against your vehicle. Logbook loans usually carry an APR around the 400% range. That means they they should be used as a short term financial tool and not a replacement for traditional or unsecured loans. In order to get a logbook loan a car owner must provide his V5C form and prove ownership of his car. He may also be required to prove his identity and of course be over 18 years old. The following LogBook loans providers are the largest is the UK and are one of the longest established logbook lenders in the market. Logbook Loans Logbook loans provide access to several underwriters who will assess you loan application and provide finance within 24 hours. It doesn't matter if you've been refused credit before, or have CCJ's. If you own a car that's free of finance, you could receive your money within 24 hours. v5loans A quick way of getting up to £20,000 secured on your car. The total repayable figure on a £1,500 loan could be as little as £1,831 if you pay it back within one month. Loans available in 24 hours - confidential and secure. Mobile Money
Simply send in your logbook and get an instant logbook loan. It doesn't matter if you have bad credit history. If your car is free of finance they can provide same day cash up to £25,000. Repayment is spread over 6 months.
Once your loan is paid you get your logbook back. No hassle.
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