Archive for September, 2008

Welcome to My Blog, all about Logbook Loans

Wednesday, September 17th, 2008

The Idea of this blog and these pages were originally to see how useful people found loans that were provided in a slightly different way.

Many people have payday loans, and cash advance loans, but the idea of a loan against a car or what we now know as logbook loans is quite a new idea to the UK.

I Guess it appeals to most people that have a bad credit rating or they have CCJ’s or defaulted on their payments to a credit card.

Whatever the case maybe  this is my first entry in my blog about Logbook loans

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Car Log Book Loans: Enjoy the Features of Secured Loans Without Any Collateral

Tuesday, September 2nd, 2008
log book loans
Scarlette Riley asked:

LogBook Loans is a good way getting secured vehicle finance. This requires the borrower to lodge the logbook with the lender until the loan  has been completely repaid. The Logbook is the document issued by Driver and Vehicle Licensing Agency (DVLA).

These loans use the logbook as security and make it is easier to get money. Collateral for logbook loans is the logbook of your car. These loans are available for amounts ranging from £500- £50,000.

To Geta logbook loans you need to have the following info.:

· In most cases the vehicle must not be more than 8 years old.

· The vehicle must be clear of any finance that is remaining unpaid, or almost

· Taxes and insurance due on the vehicle must be up to date

· The car must be roadworthy

· The logbook must be in the name of the borrower.

While the car may be kept by the borrower, the logbook that is kept by loan provider for the period until which loan is repaid.

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