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V5 LOGBOOK LOANS REVIEW
V5 Logbook Loans - Logbook Loan
(Which Way To Pay - 23/4/2009)
V5 Loans offer a secured loan option to their range of loans. V5 in actual fact specialise in logbook loans for people with credit problems and bad debts. As with other loans at V5, you will need a car that is worth at least 500 and between 8 and 10 years old in order to secure the loan.
 
V5 are a great option if you have issues with bad credit and CCJs, and have no other collateral other than your car. Make sure you keep en eye on the APR rate, which at 439% is quite steep. However, the quicker you settle the repayment, the more money you will save yourself.
 
Loan amounts offered are between 500 and 20,000.
V5 Logbook Loans is ranked 3 out of 5. Based on 1 review.

3 Star Rating        
            
REVIEW RATINGS EXPLAINED
1 Star: 1 Star RatingPoor
In relation to other products, has performed badly and has little or no worthwhile benefits.
2 Stars: 2 Star RatingBelow Average
Has some features of value, but in comparison to others performs below standard.
3 Stars: 3 Star RatingAverage
A fair product with regards to its competitors - has no outstanding features or benefits.
4 Stars: 4 Star RatingGood
In comparison to other products performs above standard, has beneficial features.
5 Stars: 5 Star RatingExcellent
Performs well above standard in comparison, has exceptional features and benefits.

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