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Logbook Loans

Please find below a list of Logbook Loan providers. Each one has its main features listed out for easy reference – don't forget to compare the APR rate (Annual Percentage Rate) as it may be slightly higher than on a regular loan and the terms and conditions.

Logbook Loans are ideal for people who need access to emergency funds. As your vehicle is used as collateral against the loan, this is a secured loan. Simply hand the lender your car logbook and away you go! However, as this is a secured loan you do risk losing your car if you fail to meet loan repayments. Make sure you bear this in mind when you go ahead with the application. Once you have chosen a suitable lender, click on the 'Apply' button to be guided to the next stage.

COMPANY	APR	LOAN AMOUNT	MIN TERM	MAX TERM	TERMS	RESTRICTIONS	APPLY
Logbook Loans	437.4%	£500-£50,000	1 Month	78 Weeks	The vehicle in question must be clear or nearly clear of any finance. You must be the legal owner of the car	None stated on website. Apply to find out more.
	Logbook Loans provides those who have a poor credit rating but are in possession and the legal owner of a car or any other vehicle. It is a loan secured against your car and you can borrow between £500 and £50,000, dependant on the value of your vehicle. Please note - your car may be at risk if you do not keep up with repayments.						Example Example Example of two possible scenarios Loan amount: £1,500 1. Loan Term: 1 month. Total Repayable: £1,845.27 2. Loan Term: 78 Weeks. Weekly Repayment: £53.60. Total Repayable: £4,180.80 The quicker you payback the loan, the less you pay. Services Services Logbook Loans Lender Advantages Advantages 1. No personal credit checks - available whatever your credit history 2. You can apply whatever your credit rating or past refusals on loans 3. Borrow from £500 - £50,000 4. Your money in 24 hours Disadvantages Disadvantages Typical 437.4% APR is extremely high. The quicker you pay back the loan the lower your rate however.
V5 Logbook Loans	439%	£500-£20,000	1 Week	78 Week	You need to provide proof of income. Loan must be paid back within 78 weeks.	Car must worth more than £500 and be less than 8-10 years old. No Under 18s and only those with income should apply.
	V5 Logbook Loans is a lending company which offers logbook loans for those that have bad debts or CCJs, and would fail a credit check or find it difficult to raise money through a standard lender. Loans are secured against the value of your car; though it must be worth more than £500 and be less than 8-10 years old. No credit checks are required.						Example Example Example of two possible scenarios. Loan amount: £1,500 1. Loan Term: 1 month. Total Repayable: £1,830.81 2. Loan Term: 78 Weeks. Weekly Repayment: £53.60. Total Repayable: £4,180.80 The quicker you payback the loan, the less you pay. Services Services Logbook Loan Lender Advantages Advantages 1. Loans from £500 to £20,000 2. No Credit Checks – previous credit history is irrelevant 3. Loans are possible if you have no collateral other than a car 4. Loans are available even if you want cash today 5. You pay less if you settle your loan early 6. Better value than a Payday Loan 7. You choose loan length - between 1 and 78 weeks Disadvantages Disadvantages 1. Typical is high at 439% APR - though quicker you pay back the loan, the less you pay 2. You risk your car if you do not keep up with repayments
Mobile Money Logbook Loan	378.3%	£100-£25,000	1 Week	78 Weeks	Your vehicle should be clear of finance. You must be the legal owner of the vehicle. You must be 18 years or over. You must reside in England or Wales.	Vehicle must be 8 years or less old; and you must be the legal owner of the vehicle.
	Mobile Money provide log book car loans - a log book loan is one of the easiest and quickest ways to get the cash loan you need if you won a car. You simply drive into your nearest Mobile Money branch, and drive out with your cash. You keep your car and Mobile Money hold on to your log book until you have repaid your loan. Mobile Money offer loans from £500 to £25,000 and usually lend against cars which are less than 8 years old. No credit checks!						Example Example EXAMPLE 1: Borrow £500 and repay only £147 each month for six months. Total amount repayable £880. EXAMPLE 2: Borrow £500 and repay only £86 each month. Then rearrange the balance into a new loan after six months. Services Services Logbook Loan Lender Advantages Advantages 1:Loans from £500 to £25,000 No Credit Checks 2:You could collect your cash in just 15 minutes with all the righ documentation 3:They can lend to the self employed or people in bankruptcy cases Disadvantages Disadvantages Need a vehicle of 8 years or under You risk losing your car if you do not keep up repayments