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Easy Logbook Loans in Rassau

Enquire Online Today! - 20 Mar 2019

logbook loans Rassau

Logbook Loans Rassau


Need fast convenient cash? Rassau logbook loans are the answer

Rassau logbook loan quotes

Need to borrow up to £50,000 whilst still driving your car? You can do this and receive money the same day!. You could even have the money in your hand in less than a day if there is currently no finance on your vehicle!

Other loan types will have you jumping through hoops and undergoing credit checks which you won’t have to do with Rassau Logbook Loans. Have you applied for and been declined a loan in the past? You may have found the very answer you’re looking for.

It’s no problem what you want to use the borrowed money for... how about clearing some other debts, or putting some money aside for a holiday? The choice is entirely yours to do what you like with the money.

No commitment necessary: Why not get a free quote and see just how much money you could loan against your car’s value?

Been refused before? If you’ve been thwarted before at the credit check stage when applying for loans then relax... V5 loans are amongst the most accessible loan types.

Keep your keys: You can stay mobile by keeping on driving your car whilst benefitting from the amount borrowed.

One minute application: You can apply for your Rassau Logbook Loan in les than a minute using our simple online quote form.

Any use loans: Your new Logbook Loan amount can be spent on anything that you want, there are no restrictions on how you spend your new loan.

Loans to suit you: Not all loans ’out the box’ suit everyone, so have a chat with an advisor to see how a Logbook Loan can work for your own situation.

Our website makes it super-simple to apply for free Rassau Logbook Loan quotes too, just complete our simple application form with some basic details about you and your vehicle, we then organise for a loan provider to contact you direct to discuss your lending requirements.

Find out just how much you could borrow against your car with a free Rassau Logbook Loan quote today!

logbook loans for older cars

Older Car? Get a Logbook Loan

Many people visit our site having had a previous loan application refused against their car due to age. Typically most Rassau logbook lenders will restrict the maximum lending age to 8 years, however we base the loans (anything from £400 to £50,000) on the value of the car so age isn’t as important. To find out if your car is eligible for a loan then simply choose your make and model on the form above and see how much you could lend today!

loans against classic, vintage and prestige cars in Rassau

Loans Against Classic Cars and Prestigious Models

Aston Martin? Porsche? Bentley? Rolls-Royce? If you are the proud owner of a prestigious or classic/vintage car in Rassau then you coud still get a V5 loan. Loan amounts are based upon the current value of your vehicle, so as long as you meet the eligibility and affordability requirements you could get a loan. Enquiring to borrow against a prestigious or classic car is the same straightforward process as any other car.

no credit check Rassau logbook loans

No Credit Check Logbook Loans?

Don’t let the actual fact that all applicants are credit checked put you off. The phrase ’No Credit Check’ is actually a misconception that has arisen due to the fact that this type of loan can be more accepting of poorer credit scores. Using a vehicle as security throughout the loan period can make a loan more attainable to those with poor credit scores, so if you’ve been denied before then find out today if you can borrow.

loans for self employed in Blaenau Gwent

Refused a Loan Due To Self-Employment?

If you’re self-employed then you may well have been refused a loan elsewhere as most Rassau lenders want to see a regular income. By using your vehicle as security against a loan, you may find that a logbook lender is more sympathetic to those that are self-employed in Blaenau Gwent as there is less financial risk involved. Being responsible lenders however means that they still need to be sure that you can afford the repayments each month.

Rassau business v5 loans

Logbook Loans for Companies?

Getting a logbook loan using your Rassau company vehicle as security is possible with some lenders. Remember that not all lenders have the same requirements, so it’s vital to check with them individually to learn their policies. Those that do will either ask that the car be registered in your name, or if it’s registered in the company name, the company name should be the same as yours.

Borrow Anything From £400 - £50,000

If you qualify you can borrow up to 80% of your car’s market value which can be anything from £400 up to £50,000. This broad lending range covers most requirements. So you can get an idea of how much 80% equates to against your car’s value take a look below:

Value of Car % Loan Loan Total
£500 80% £400
£1000 80% £800
£1500 80% £1200
£2000 80% £1600
£5000 80% £4000
£10000 80% £8000
£20000 80% £16000

Rassau Loan Calculator

Slide the car value and loan percentage sliders to see how much you could lend against your car in Blaenau Gwent.

7000
80%

£5600

V5 Car Loan FAQs

There are a number of questions we receive regarding Rassau logbook loans,so for your convenience we have compiled a list of answers to the more frequently asked questions we receive on a daily basis.

How do Rassau Logbook Loans work?

The way Blaenau Gwent loans against cars work is you use your car as security for getting a loan. The only thing you need to hand over is the logbook (also known as V5 document) of your vehicle. The logbook is held by the lender as collateral, and you get to keep and use your vehicle throughout the agreement. The document is then returned to you when you finish repaying the loan. Loans are available throughout Blaenau Gwent and are increasing in popularity with those with bad credit.

When applying, what do I need to provide?

When it comes to enquiring about a loan, lenders often have different requirements, but the basics are the same across the board. You should have access to your photo ID, car insurance policy, current MOT, logbook, bank statements or payslips, and a current utility bill that is in your name. These things provide the lender with proof of your identity, ownership, Blaenau Gwent residency, and income – and they’ll need it to get you approved.

Are V5 Logbook Loans a good idea?

Absolutely, especially if you have had a loan refused elsewhere due to a poor credit history/score. As your car is used as security you may find that Blaenau Gwent logbook lenders are more willing to lend money where other lenders might pass, which is why they are so popular throughout Rassau. So long as you meet the loan criteria then you could be lending up to 80% of your car’s value very quickly indeed.

What about Rassau V5 Loans and unemployment?

It can be difficult for the unemployed to take out any type of loan. As part of a responsible lending approach Blaenau Gwent logbook lenders need to be satisfied that you can make the payments every month so you minimise any risk of losing ownership of your car. As all situations are different, it is advised that you get in touch via the form on this page to discuss the lending options available to you.

Does poor credit history affect Blaenau Gwent applicants?

Actually a V5 loan is one of the more tolerant loans when it comes to bad credit, and Blaenau Gwent residents are finding them very popular. As your car is used as security it makes the loan lower risk to the lender so they are more likely to agree to the loan. You will still have your credit checked, but the outcome is normally more positive than if you had tried for a loan elsewhere.

I have no income proof, is that a problem?

In order to qualify for your Rassau car logbook loan, you need to prove you will be able to make the loan repayments as stipulated. Being self employed or unemployed might not stop you from getting approved, as long as the loan lender can see that you’ve the ability to cover your logbook loan payments. However, you should fill in the above form to hear from an advisor about the available loan options for you.

During the loan, who maintains the car?

A v5 loan is a type of secured loan that is provided to you based on the value of your car. Because you are able to maintain possession of the car throughout the loan duration, it is also your responsibility to maintain it. Maintenance includes continuous insurance coverage, regular servicing, and MOT checks as required. Although your lender is aware that some additional mileage and wear and tear is possible, anything above and beyond normal depreciation should be reported to your lender immediately.

Do HPI checks show Logbook Loans on them?

All HPI checks should show loans against the vehicle on them as a ’Bill of Sale’ agreement as Blaenau Gwent lenders are required to register them with companies such as HPI. If you have carried out a HPI check and later find that there is a loan attached to your new vehicle then you are covered by a HPI guarantee which will reimburse you up to a maximum of £30,000.

What is the repayment duration?

Your loan can be arranged with either a 12, 18 or 36 month duration and since there are no penalties for early repayment you can save money on interest payments by settling the account early.

We hope these FAQs have answered any queries you may have had and that a logbook loan is the right choice for you. To find out even more, and get a free quote simply get in touch by completing the form on this page.