If you need money badly but your credit report has made it impossible for you to loan that much-needed cash, you are very lucky to have found our site! Here at SimpleLogbookLoan, we can help you raise cash fast through logbook loans. Our FREE service will help you find the best and cheapest logbook loan lender so you can release the money from your vehicle without any hassle.
To get started, simply complete our 60-second form to get a FREE quote. One of our logbook loan experts will get back to you immediately and guide you through the process of selecting the right lender for your needs.
We understand the various life situations that have caused you to have bad credit, and we know that there are a lot of times when it isn t your fault. We believe that your past mistakes or problems shouldn t be the basis on how to gauge your ability to borrow and pay back in the future.
Because of our partnership with the best and most reputable logbook loan lenders in the UK, we can guarantee anyone a loan, no matter how bad your current financial situation is. Even if you ve had repossessions, foreclosures, court judgments, or even bankruptcy, we can help you borrow the money that you need. Whether it s for an emergency, for something that you ve been eyeing for a long time, or for that well-deserved vacation, you can get it without having to pass certain credit checks or waiting for a long time. Our honest and impartial service will let you compare through the top logbook loan providers so you can expect quick and unbiased results.
How Logbook Loan Works?
If the US has car title loans, UK has its very own logbook loans. As the term suggests, logbook loans are loans secured against your vehicle s V5 document or logbook . The logbook lender will take possession of the vehicle s V5 document, so that the caR&Rsquo;s ownership will be transferred temporarily to the lender until the borrower has repaid the debt back in full.
Because of the absence of credit checks, logbook loans have become the perfect borrowing option for vehicle owners with bad credit. All you need is a working auto under your legal ownership and you can borrow up to 50% of its worth, usually between £500 and £50,000. Getting approved is fast and easy, and you can drive away with your money in as little as one hour!
All you have to do to get started is to fill up our 60-second FREE online form. Let us know your vehicle make and model and based on the details you provided we will scour the web for the best logbook loan lender for your particular needs, FREE and no obligation to you! Our logbook loan advisors will be in touch with you instantly to give you FREE quote and expert advice on choosing the right lender and the requirements to bring.
Best of all, you can keep driving your car! Just choose your meet up location at your own convenience with the logbook lendeR&Rsquo;s representative in order to have your requirements verified, seal the deal, and drive home with your money!
Who Needs a Logbook Loan?
Logbook loans have become extremely popular for people with bad credit. If you ve got denied a loan elsewhere, a logbook loan can be your perfect option because you don t have to pass credit checks and your money will instantly be available.
If you need cash urgently, logbook loans can also give you the quickest solution. Because there are not much paperwork to complete and no credit checks, this gives you less than a day to get your money, which is perfect if you ve had an accident, medical expense to pay, or even if you need to pay for your caR&Rsquo;s repair or maintenance.
Those who have little credit history or are self-employed can also benefit from V5 loans. Unlike traditional loans, logbook lenders won t dwell much on your employment history. If you don t have a regular proof of income such as pay slips to show, you can still borrow money so long as you have bank statements to prove that you are able to repay the loan.
What are the Logbook Loan Benefits?
First and foremost, logbook loans welcome borrowers of different types of credit, from little to no credit history, to bad credit cases even as severe as CCJ s, arrears, or bankruptcy. Even though there s a higher price to pay for a no credit check loan, this is definitely worth it if it means you are getting awarded the money that you aren t able to secure anywhere else, and in the soonest time possible!
Aside from this, you can keep your car even while under the loan. This is particularly important if you constantly travel or are simply used to the convenience of driving your own vehicle. As long as your payments are up to date, your car stays in your possession.
V5 loans also offer the most flexible payment schemes. You can choose between weekly and monthly repayments depending on your income schedule. In addition, you can either spread out the duration of your loan so you don t struggle with payments or pay off the loan early if you can afford it.
Logbook loan application is also quick and easy. If you need fast cash, all you have to do is simply fill in our online form for a FREE quote. Once you ve been matched with one of our lenders and got approved, you only need to submit very few requirements and you re good to go! You can receive your money within 24 hours, sometimes even within an hour of application!
Get Instant FREE Quote Today!
Choosing among the large market of logbook loan companies shouldn t be hard. Let us do all the work for you at no cost and absolutely no obligation! Just call us TOLL FREE or fill in our online form so we can give you your FREE quote today!