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V5 Logbook Loans (Logbook Loan)
V5 Logbook Loans is a lending company which offers logbook loans for those that have bad debts or CCJs, and would fail a credit check or find it difficult to raise money through a standard lender. Logbook Loans are secured against the value of your car; though it must be worth more than 500 and be less than 8-10 years old. No credit checks are required.
Loans from 500 to 20,000
No Credit Checks previous credit history is irrelevant
Loans are possible if you have no collateral other than a car
Loans are available even if you want cash today
You pay less if you settle your loan early
Better value than a Payday Loan
You choose loan length - between 1 and 78 weeks
Typical is high at 439% APR - though quicker you pay back the loan, the less you pay
You risk your car if you do not keep up with repayments
Terms & Conditions
You need to provide proof of income. Loan must be paid back within 78 weeks.
Car must worth more than 500 and be less than 8-10 years old. No Under 18s and only those with income should apply.
Credit Check: NoInstant Decision: No
Online Application: NoSecured Loan: No
Unsecured Loan: NoMobile Loan: No
Debit Cards: NoBank Account: No
Loan Duration
Minimum Term: 1 Week
Maximum Term: 78 Weeks
Loan Amounts
Amount: 500 to 20,000
Minimum Advance: N/A
Maximum Advance: N/A
Costs, Rates & Fees
Representative APR: 439%
Representative Example: Not available
V5 Logbook Loans (Which Way To Pay - 23/4/2009)
V5 Logbook Loans is ranked 3 out of 5. Based on 1 review.

3 Star Rating

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