Logbook Loan Artciles

Especially in the current harsh economic climate, many people are finding it difficult to meet unexpected expenses which inevitably can occur. Their savings have probably been eaten into and they could really use some extra funds. At these times, the answer to their temporary problems could be fast and reliable log book loans from Logbook Loans 247.

Am I Eligible?

You may worry that you do not have a perfect credit history. But Logbook Loans 247 does not take this into account when assessing you for log book loans. We consider all applications on their individual merit and our eligibility criteria.

Providing you own your vehicle, you stand a good chance of being approved for log book loans from us. You must be at least 18 years old as all financial institutions demand. The car should be in good condition, have a valid MOT certificate and no more than 100,000 miles on the clock. We do expect that the car has current fully comprehensive insurance.  

Your Income

When you apply for log book loans with us, we will require evidence that you have a regular income. This is to assure us that you are able to meet the monthly repayments on the loan. We are a responsible lender, so we want to ensure that you will be comfortable with repaying your loan without any problems.

After checking the eligibility criteria and being convinced that you meet them, you should be confident that you will be approved for a log book loan with Logbook Loans 247. The actual loan amount we offer you will obviously depend on the value of your vehicle and your ability to repay the loan.

What are log book loans?

Log book loans are essential secured loans, in this case against a vehicle. The car, or other type of vehicle, acts as collateral against that loan. This enables the log book loans company to lend you money with the realistic expectation that it will be repaid.

What do I do now to obtain log book loans?  

When you are confident that you can meet our eligibility criteria for a log book loan with Logbook Loans 247, you can apply for your loan. Our website has a simple application form which you complete and submit. We will then give you an immediate decision. If approved, your logbook, identification and a few other pieces of paperwork must be produced and, if all this is in order, you will receive your loan.