Frequently Asked Questions

Who is a Logbook Loan most suited for?

A Logbook Loan can be for any individual who has suffered from bad credit but need a no credit check secured loan fast.

Borrowers have included in the past; professionals such as police, nurses and members of the armed forces as well as the self-employed whose main business assets are vehicles such as builders and plumbers.

What cars are accepted for a Logbook Loan?

Any car is accepted, provided it is less than 8 years old, clear of any finance, and you are the owner of the vehicle. For cars older than 8 years a valuation is required, but we may still be able to help you. Prestige cars will be considered whatever age.

I have finance on my car, is that OK?

A car submitted for a Logbook Loan must be free of finance; however, there are considerations for vehicles that are nearly clear of finance, where a decision is made subjectively.

Can I submit my motorcycle?

Motorcycles are no problem! Providing it is road worthy, has a registration plate and passes a CAP valuation, then you can be accepted for a Logbook Loan.

How quickly can I have my money?

In the majority of cases this can be turned around quickly within 24 hours.

Can I settle my payments early?

Yes, you can. The standard loan term is 78 weeks; however Many customers pay back their loan within 40 weeks. Longer loan terms are available on request, and can reduce your weekly payment.