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What Are The Requirements for Application? For your application you will need the following things: Proof of income (either pay stubs or bank statements if you are self employed), proof of residence, proof of identity (photo-ID), your vehicle's insurance information, your vehicle's V5 (logbook), and lastly your car's MOT certificate. In addition to this paper work, your lender will also want to inspect your vehicle, so you should bring it with you to your appointment. 

What Kinds Of Vehicles Are Accepted? Most lenders will accept all kinds of vehicles. So whether you drive a car, truck, van, or a motorcycle, it can be used to secure your logbook loan. Just input your vehicle's information in our application and we will help you find a suitable deal.

What Happens To My Car? The great thing about logbook loans is that you get still drive your car while the loan is in force. We know that transportation may be very important to your job, and we don't want to hinder your ability to pay back the loan. For this reason we allow you to keep your car while the loan is in effect.  All you have to do is keep making your monthly payments on time. But also keep in mind that you are responsible for any damage that occurs while you are driving it, which is why we require full insurance.

What Amount Can I Borrow? As a general rule of thumb, you can borrow up to 50% of your vehicle's worth. This usually falls between £500 and £50,000. Your income will also be a large factor in the amount you can borrow. Each lender will have different options for you, so it is best to talk to them when they contact you to see what kind of loan you can get.

How Long Until I Have To Pay? For the most part, the more you borrow, the longer you have to pay. It can range from a few weeks up to a few months. Your lender will work with you to see how much you can afford to pay each week.

What Do You Charge For Your Service? Our service is yours to use completely free or charge. Even after you use our service, you are under no obligation to follow through with any of the lenders.

What Happens To My Personal Details? Your personal details will only be saved and used by us to connect you with lenders. We will never share or sell your information to any third parties without your permission.

Is There A Catch? There is always the risk that you could lose your collateral, in this instance your car, if you are unable to meet your payments. That being said, our lenders will work with you to find an affordable repayment plan to help minimize this risk.