Most people look for a log book loan because they have a less than perfect credit history. Logbook loans allow you to borrow money against your car, motorcycle, van, caravan or motorhome using the V5 document. Companies will take a look at the value of your vehicle and decide how much the it is worth before providing you with a logbook loan.

You will need to give up your logbook, also known as the V5, in return for a logbook loan until the remaining amount of the loan has been fully paid back. Failure to pay back the loan could result in you losing your vehicle. Most companies will accept bad credit ratings, ccj’s and bankruptcy. The amount you want to borrow will depend on the value of your car and your personal circumstances.

There are no credit checks when you apply for a logbook loan because the loan amount is secured against the car so no other documents are required so it is possible to have the money within 24 hours. This makes it ideal for people who are looking for fast cash and have a bad credit rating or no credit rating at all. Here is some criteria that most companies look for when you are considering a logbook loan.

• You must be a genuine citizen of UK.
• You must own a vehicle and it must be free of finance.
• You must be above 18 years of age.
• You should have a permanent job.
• Plus you should have a valid banking account

Logbook Loans can be used a short term solution. You can sette the agreements early at any time saving yourself some money. Speak to your local log book loan provider and discuss the options to settle early.

Applying for a logbook loan is pretty straight forward. Simply fill in their web enquiry form and they will call you right back to discuss your loan requirements. They'll need a few details about your car and your current work status as well. This is easily done within a few minutes and your application can be arranged over the phone.

So What Happens To My Logbook

Your logbook will be held by the finance company until the full amount of the loan has been payed back. Don’t worry you and still use the car as you did before. Be aware that a log book loan is secured on your vehicle and faliure to repay the loan could result in you losing your car.

What About The Age Of My Car

Some logbook loan companies do require that your car is no older than 8 years old.

Will I Get A Credit Check

Most companies will not reqiure a credit check because the loan is secured against the value of the car.

How Much Can I Borrow

This is down to the current market value of your car, most companies offer loans between £300 and £20,000

Ive seen an advert in town saying unlock a car or unlock a log book and get cash same day . I don’t know much about log book uk and wanted to find out if anyone had any experience with them. I've got a nice car and thought about getting some extra cash for a holiday to Spain.

Applications for log book loans are known to be fast and easy as compared to other loans. Transactions regarding log book loans are often accomplished in minutes and money is often lent within 24 hours. In terms of easy and fast processing, log book loans are becoming the best choice of borrowing money. The process is usually completed in a few minutes and money is often released in as early as under 24 hours. It doesn’t require you to do a lot of paperwork and does not ask for so many requirements. Log book loans are subject to the following criteria:

• Borrower must be at least 18 years old 

• Borrower must be the legal owner of the car or vehicle

• Vehicle must be free of finance. 

• Borrower must have a proof of a stable source of income.

With this sort of service it is very convenient to borrow against your car. My local log book uk lender is local to me so this makes it very convenient and simple to apply and collect the money. There is also a forex bureay in town so I can get my Euros for the trip to Malaga.

The local office gives me confidence that I can pop in and see the loan agent in person and at my convenience. 

Many people think you should keep your UK Log Book in your car incase you are stopped by

the police.

With the growing amount of car crime in the UK and thieves finding many ways to unlock a

car I would suggest keeping your UK Log Book at home in a safe place.

Cars are worth a lot of money if stolen and are worth even more if they come with their Log

Books. If the UK Log Book is already in the car this saves the thief time and he does not need

to apply for a Log Book.

Make sure you keep your cars and Log Books safe.

When purchasing a car in the UK Log Books are issued as proof of ownership.

Each year many people lose or misplace their V5 for their car. A V5 is also known as a UK

Log Book.

You can apply for a new V5/UK Log Book from the DVLA.

If you need to apply for a log book you need to complete a V62 from the DVLA. This is an

application for a vehicle registration certificate. There is also a charge of £25.00 which needs

to be sent with the form.

When your application has been completed you will be sent a new UK Log Book in the post.

Due to the size of the fee I would suggest keeping your Log Books somewhere safe.

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