Are Logbook Loans For You?

Do you need quick cash? A logbook loan can help cover medical fees, home repairs and household bills and is a straightforward solution that provides same day financial support. V5 Loans is a flexible logbook loan lender that offers secure alternatives to banks and other high street lenders.

A logbook loan may suit you if you have a poor credit rating or no credit history, so take a look at these helpful tips to see if a short-term finance loan can help you out.

Instant Cash

Rejected by the banks and require fast cash? V5 Loans can offer between £500 and £20,000, based on the value of your vehicle, within 24 hours. Instant funds are available even if you have poor credit history since the loan is determined by a prompt valuation of your car. As long as you own a vehicle which is free, or almost free, of finance, and have a proven stream of income, then you may be eligible for same day approval. Most applicants can start using the money within a few hours.

Secured Loan

As a secured loan, logbook loans are administered with your car used as collateral. V5 Loans not only offers same day personal loans, but applicants are also allowed to keep their vehicle throughout the duration of the loan process. So if you need your car for work, or for whatever purpose, then you can carry on driving.

Reliable Loan Lender

It is important to choose a trustworthy and reliable cash lender. Select a logbook loan company which is governed by Consumer Credit Law, like V5 Loans. A Consumer Credit License demonstrates the company’s confidentiality and quality of service. Avoid unregulated lenders and make sure you choose a company that is transparent and offers the kind of service you need.

Repayment Plans

Looking for a loan repayment schedule tailored to your lifestyle? V5 Loans can help. They offer flexible payment schemes to suit you; whether weekly or monthly, timely repayments can even help to boost your credit file.

If you are in need of speedy financial solutions then get in touch with a reputable logbook loans company. A logbook loan is not a long-term financial solution but it can ease short-term money pressures and repair your credit rating. Get the money you need… today!

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Where Can I Get a Quick Logbook Loan Against My Car?

Have you been rejected by the banks? People require fast loans for a variety of reasons: whether to ease financial constraints and make ends meet, pay for a holiday, or complete some on-going home improvements. Read on to discover straightforward and secure alternatives that could provide you with large sums of cash in your account today.

Logbook Loans

Have you considered a logbook loan to ease your financial pressures? V5 Loans is a company which offers simple alternatives to bank loans for people who have been refused by banks and other lenders. Similar to a payday loan, a logbook loan can provide even larger sums of cash to customers, much more quickly. Simply, it is finance secured against the value of your car or vehicle, whereas a payday loan is unsecured. The value of your car will be assessed promptly as the car is the loan’s security; fees are determined by each vehicle’s age, model type, and general condition.

Instant Fast Cash

With V5 Loans you may be eligible to up to £20,000, depending on the condition of your vehicle, and this figure could be transferred into your account within 24 hours! V5 Loans ensures that a cheque or cash can be handed over within a few hours, since there are no credit checks and your only obligation will be to make timely loan repayments. You might be eligible for same day cash, so long as you own a vehicle and are based in England or Wales.

Bad Credit Rating

V5 Loans can boost your future credit rating, making prospective bank loan applications more likely to be accepted. Keeping up with weekly or monthly repayment plans ensures this provides a boost to your credit file. APR rates are typically higher than most high street lenders, but this is offset by the loan’s flexibility; it represents a secure alternative to unregulated money lenders.

Typically, logbook loans companies will arrange a face-to-face meeting with each customer, following a successful online loan application. This is a standard procedure to discuss the lending scheme and appraise the value of your car, thus deciding on the size of the loan. What’s more, you are often allowed to keep driving your vehicle throughout the duration.

Remember, you may be eligible for an instant cash loan, even with a bad credit history. If you are looking for a quick loan and own a car that is free, or almost free, from finance and have a proven income – whether through wages or welfare benefits – a logbook loan is a quick, reliable, and handy solution.

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