LOGBOOKLOANS.TV REVIEW
Logbookloans.tv has been providing loans since 2002 and they have established a nationwide representation.
They have an APR of 461.6% which is quite typical to logbook loan providers. They charge 10% interest on your loan per month, so for example, if you take out £500 and repay it the following month, the interest will be £50.
With Logbookloans.tv, you can borrow from as little as £100 up to a maximum of £25000. If you need a bigger loan, there are logbook loan providers who lend out up to £50000, depending on the value of your car.
The application form on their website does not appear to be secure.
Logbookloans.tv provides same day transfer. You will receive the money as soon as they have evaluated your car, received your car’s logbook and a signed loan agreement.
Logbookloans.tv does not credit check their customers.
You are required to fax in no extra paperwork.
Their requirements are standard: customers must be aged 18 or over, UK residents, and legal owners of a car that is fully or almost paid for. They do not mention a requirement regarding the age of the car.
The loan is repaid either weekly or monthly by a standing order, paying in book at any bank or through a debit or credit card over the phone.
