- Your car is less than 10 years old.
- It is free of any finance/encumbrance
- You, the applicant, are the registered owner of the car.
- You are a resident of the UK with regular income.
If you meet these requirements we will contact you immediately and help you get the loan as early as possible.
Log book loans give you the following advantages:
- No credit check performed on you. This means you will get the loan even if you have a poor credit score.
- Minimum paperwork and quick disbursal. The loan amount reaches you often in 24 hours.
- You can use the car while pledging its logbook as a surety for the loan.
In today’s situation where liquidity is almost absent in the credit market, log book loans are a major relief for retail borrowers. Log book loans in London, like logbook loans in other parts of UK, help them tide over temporary situations of money shortage.