LOGBOOK UK REVIEW
Logbook UK is logbook loans provider throughout the UK.
The representative APR is 461.6% but this can vary depending on the logbook loan lender you end up with.
The amounts available for borrowing range between £500 and £50000, depending on the value of your car. This is quite a typical range when compared to other logbook loan providers and a good option if you require a bigger amount of cash than that supplied by other types of no credit loans, such as guarantor loans.
The online application form on their website does not appear to be secure.
Logbook loans are same day loans: once you visit a branch for the evaluation of your car, signing a loan agreement and handing over the logbook, the money will be paid out to you there and then.
Logbook loans do not require credit checking.
You do not have to fax in any additional documents.
As for the eligibility criteria, you have to be 18 years old or older, a UK resident and a legal owner of a vehicle that is fully or almost paid for and no more than 10 years old.
When it comes to repaying the loan, logbook loans are quite flexible. You can usually choose between weekly and monthly repayments either by cheque, cash or a standing order from your bank account.
