How It Works In 4 Simple Steps:

  • 1. Fill in the application form >
  • 2. Our lenders assess your car's value
  • 3. Our lenders meet with you to complete the paperwork at a time and place to suit you
  • 4. Get Your Loan Today, Keep Driving Your Car!

Do You Qualify For A Logbook Loan?

  • You must be the sole and legal owner of the vehicle.
  • Your vehicle should ideally be clear of any finance.
  • Your vehicle should ideally be less than 8 years old (classic cars over 8 years old are welcome).
  • Your vehicle must be insured, taxed and have an MOT.

Frequently Asked Questions

How much can I borrow?

You can borrow from £250 - £50,000, based on the value of your vehicle. You can even apply if you have a bad credit history (subject to eligibility and affordability), you're self-employed, or you're bankrupt.

When can I get a loan?

If you enquire about a logbook loan today, your money is usually available within 24 hours of your application. All loans granted subject to eligibility and affordability It's entirely possible that a customer can enquire about their loan in the morning and receive the money as cleared funds into their account the same day!

Will there be a Credit Check?

There are credit checks. We need to ensure loans are offered which are subject to eligibility and affordability. There's no point taking out a loan which you cannot repay or can get you into debt. However, these loans will usually appeal to anyone who may have had problems getting funding in the past. Each case is dealt with individually based on your circumstances.

Can I pay back the loan early?

You'll be set up initially with instalment payments; these can range from 12 to 36 months; however many customers will complete their repayments within 12 months, so effectively you will be offered a flexible payment term. The great thing is that there is no early redemption penalty.

Responsible Lending

Log book loans operates with a responsible and transparent attitude to lending and has clear and strict guidelines to make sure that customers are aware of the terms and conditions, which include the repayment charges. An affordability check is required, so that customers can complete an income and expenditure form to make sure that they can afford any repayments. In the event of a customer not being able to completely repay, for example, if they are struggling, we will attempt to work with them to agree to an alternative repayment plan to meet their obligations.

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