If you own a motor vehicle and are in need of a loan then you should consider using Logbook Loans. Logbook Loans is a UK based company, professional and with an excellent reputation, and they can help you secure a short term loan, quickly, that is anywhere between UKL 500 and UKL 50,000.
Logbook Loans is a way of taking out a loan without going through the bank. Most of us will take out a loan during our lifetime. If you are one of the lucky ones, you will only need one loan. Today, though, the world economy is bad and unemployment is high and many people are looking at ways of taking out loans that are simple, easy, safe and provided you can meet the terms and conditions of paying back the money, risk-free.
There are a few things you need to know before you go further with a Logbook Loan. First, and obviously, you need to own a motor vehicle! You need to be over the age of eighteen, have proof of residence and of course, have all the legal papers for your vehicle. Logbook Loans will guide you through the requirements although all the information is on their website and we suggest you take a look at www.logbook-loans.net
Note that you are only legible for a Logbook Loan if you reside in either England, Scotland or Wales. Note too that you will need the logbook of your vehicle which must be in your name and also be able to supply proof of income, either through pay slips or a copy of a bank statement.
And then the process is simple. Go online and follow the directions. You can work out your own quote by using the Logbook Loans online calculator. If you find this daunting, just send Logbook Loans a mail and an underwriter will get hold of you quickly and work out the quote for you. The quote will, of course, depend on the value of your car and how big or small a loan you want. You can get a loan of up to 60% of your motor vehicle’s value.
You will then work out the repayment schedule. Logbook Loans do not want to see you get into financial trouble and they definitely do not want to see you ever lose your motor vehicle. Depending on how much you earn and how much you need to borrow, they will ensure that your repayment terms are fair and manageable for you. They will tailor make the loan to suit your needs. You can have weekly repayments or monthly repayments. You can do an overpayment if you suddenly come into cash, which many loan companies do not do.
Logbook Loans are on your side. Once you have made your application, you will usually get approval within 24 hours and cash in your bank within a few days. The process is quick and provided you have all the correct paperwork, seamless. There is no waiting in queues, no waiting for bank managers, and no getting messed around. All the requirements are clear, and as long as you do your bit, Logbook Loans will do theirs.
Saying all that, you still need to make yourself familiar with all the terms and conditions when it comes to taking out a loan against your motor vehicle. You want control of the situation and you have this by knowing exactly what is involved. The Logbook Loans website is clear and easy to use. Go online, follow the steps and get your loan. It’s simple.