Looking for logbook loans in the UK? Don’t risk your car, you may be eligible for a personal loan of up to £25,000*, even with bad credit. If approved, you could receive the money today without using your car as a collateral. It is much easier to get accepted with our new Credit on Demand feature. Personal Loans Now now have a higher accpetance rate and affordable logbook loans alternatives. We are an FCA-authorised direct lender, to provide you with loans you can trust. Apply now for an instant decision!
Logbook Loans Online
A logbook loan means that you borrow money against the value of your car. You can typically borrow up to 50% of the trade value of the vehicle. Log book loans is a big organisation and can take time. However Personal Loans Now provides you with the alternative of getting these types of loans competely online with online payout and an online decision from the comfort of your own home!
How can I apply for same day logbook loans online?
You can apply with Personal Loans Now for log book loans with a same day payout by filling out our simple online application form. If approved, log book loans with an instant decision means almost instant cash that can alleviate pressing financial problems. It’s important to note that instant loans don’t exist. If your loan application has been accepted, we will transfer the funds directly into your bank account. Following the transaction, you can drive off in your own car and carry on as usual with your own life. As long as payments are made on time, you will stay the legal owner of your car.
Can I get logbook loans online with no credit check?
No! Logbook loans with no credit check are most likely illegal in the UK. No trustworthy lender will offer such loans. However, most logbook loans companies trade with customers who have a poor credit score. In fact, they positively relish lending to people with a blemish on their credit history. In spite of a bad credit rating, you can probably get a loan as long as your car has a high enough value. Personal Loans Now offer loans to people with bad credit but we also have access to many authorised and regulated FCA lenders via Monevo to increase your chances of getting accepted for a loan. Some of these lenders specialise in providing loans for bad credit. Apply now and get an instant decision!
Car Logbook Loans
Vehicle logbook loans are used when people find it difficult obtaining an unsecured loan. Loans on your car in the UK are types of secured loans. The loan is secured against your vehicle in case the borrower can’t repay the loan. When signing for the loan in addition to the normal credit loan agreement, you must sign a ‘bill of sale’ which effectively transfers the ownership of the car to the lender.
Can I get logbook loans for older cars?
To know whether you can get these types of loans for cars over 10 years old you must ask your lender if they provide log book loans for any age of car, or even log book loans on a financed car. Each lender has a different policy regarding the vehicles they accept. Compare reviews that borrowers have written about lenders regarding log book loans for cars over 10 years to help you decide which lender to approach. Personal Loans Now offer logbook loan alternatives for people with motorbikes and we also have access to Monevo – a panel of direct lenders who can scan the best loan options that are available to you from their wide range of trustworthy lenders.
Can I get motorbike logbook loans?
Some lenders offer motorcycle log book loans online. Each lender has an individual policy regarding the vehicles they accept as security. Should you want 125cc motorbike log book loans, you’d be best off directly contacting your lender. Personal Loans Now lenders offer bike loans online, which will make your search easier and more convenient if you have difficulty obtaining other types of loans.
Logbook loans alternatives from Personal Loans Now
You may turn to logbook loans because you don’t think you can get a regular personal loan. Maybe you need a personal loan for the unemployed, or perhaps you have bad credit? At Personal Loans Now, we offer credit on demand with a higher acceptance rate. Give it a try, apply today even with poor credit and get an instant decision! We offer same day payout loans of up to £25,000*, and with our any products you may find that you don’t need to turn to a logbook lender after all.