- Logbook.co is a UK company that provides logbook loans to UK residents. They are one of the few logbook loan providers that are available all over the UK.
- The representative APR is 461.6% which is the industry standard - you will not find a logbook loan with a lower APR. The precise cost of your logbook loan depends on the length of your loan period, but just to give an idea, a £500 loan taken out for 6 months will cost you £65 in interest and fees per month.
- The minimum loan amount available at Logbook.co is £500 and the maximum £50,000. The highest amount you can borrow depends on the value of your car which is determined by the loan agents.
- Logbook.co has a completely secure online application form.
- They do have same day transfer and they even promise to deliver the cash to you within minutes from signing the loan agreement.
- They do not perform any credit checks.
- In order to secure a loan, you are required to hand over the logbook of your vehicle for the duration of the loan. The loan advisor will tell you which other documents you will need to bring with you.
- In order to secure a logbook loan, you have to be 18 or over, a UK resident, the legal owner of the vehicle that is fully, or almost fully, paid for and not older than 10 years.
- As for repaying the loan, this can be done either in weekly or monthly installments.
