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What are Logbook Loans?

A logbook loan is a type of secured loan that has been around in the market for quite some time already and is considered as one of the most popular alternatives to traditional lending. By secured, the borrower's vehicle is subjected as loan collateral, wherein the lender can simply repossess it should the borrower defaults. It is a very easy way to raise quick cash by releasing the monetary value that is already in your property.

A logbook loan is unique because there are no credit checks involved, and anyone can easily avail of the loan, no matter what credit standing you’re coming from. As long as you can prove the ability to meet the loan repayments

A logbook loan differs from a typical car pawn in such the borrower can keep on driving the vehicle even while the loan is still in place. As long as you keep up with your repayments, you’ll never have to worry about going around without the comfort of driving your own car.

Who Needs Them?

Logbook loans appeal most to people with poor credit history, such as those who have struggled with arrears, defaults, and even bankruptcy in the past. Even those with the worst possible credit standing can still be given a loan because there are no credit checks to go through. A logbook loan is also something worth considering if your need for cash is urgent and you need to bypass the lengthy application procedures. I was reading this and found all relevant information.

Who We Are?

How to Apply?

It’s all very easy to apply for a logbook loan at LogbookLoanMoney! Just follow this step-by-step process and you’ll have your money within 24 hours!

Step 1: Accomplish our FREE online form

For us to be able to help you out, we request for you to complete the necessary information in our online application form. After which, we will assess your application and match you with one of our partner lenders, and then call you back with your free quote.
We’ll only use this information in order to get in touch with you and give you advice regarding the loan you want to obtain. Rest assured that any information you send through our website will be treated with utmost security and privacy.

Step 2: Let us Know How Much You Want

Once we’ve found a lender that fits your needs exactly, you can let us know how much you want to borrow. While the rates may vary from lender to lender, we can still give you a rough estimate and then you should choose whether you want to proceed.

Step 3: Choose from One of Our Recommended Meet-Up Locations

If you’ve made up your mind regarding the loan, we can then schedule an arrangement so that you can meet the lender’s representative in person. You can choose from one of our recommended meet-up points, but if you’re unavailable, don’t worry, because we will come to you instead!
During the meeting, make sure you are well-informed about the loan’s rates and terms. Don’t hesitate to ask away if you’re unsure about anything.

Step 4: Take Your Cash Home!

Once you and the lender have both agreed with a suitable arrangement, then all that is left is to sign the credit agreement. Just be sure that everything is clear before doing so. Once the deal is sealed, you are now free to walk (or drive) away with your cash!

Are Logbook Loans for You?

A logbook loan may be a viable option for anyone with inferior credit looking for a quick way to raise money, but we have to warn you that it is not for everyone. Resorting to any kind of loan is not a long-term solution if you’re having difficulty making ends meet. If borrowing money becomes a habit, we strongly advise you visit Step Change for unbiased debt solution.

Receive Your No-Obligation Quote Today!

We’re ready when you are! Click here to fill out the required information on our contact form and we’ll send you your 100% FREE logbook loan quote within the next 15 minutes!