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Expert Logbook Loans in Pantmawr

Enquire Online Today! - 17 Oct 2019

logbook loans Pantmawr

Logbook Loans Pantmawr


If you need quick cash then Pantmawr logbook loans are for you

Pantmawr logbook loan quotes

If you still need to drive your car, but need access to same day money then you could borrow up to £50,000.. If your car is free of finance then from application to receiving your money can be as little as 24 hours!

If you don’t want to jump through hoops and have your credit score checked then Pantmawr Logbook Loans are the obvious choice, and have become very popular. If you need funds but have been refused with other types of loans then this type of loan might be the answer.

You can use the money you borrow on anything you want... a Logbook Loan gives you the flexibility to do whatever you like such as pay off other loans or put the money towards a holiday!

No-obligation quotes: Why not join hundreds of others who apply for completely obligation-free logbook loan quotes to see how much they can borrow.

Refused loans? If you’re frustrated at other loans declining your applications then you might be in luck with a Logbook Loan as they are very accessible!

Continue driving: Conveniently you get to keep the keys to your car so you can both borrow money and carry on driving for the loan duration!

60secs online application: Just provide a few basic details about yourself and your car to apply online for your Pantmawr Logbook Loan quote.

Any purpose: No matter what your reason for taking out a loan, you have total control over how you spend your money.

Loans that suit you: If you need to lend money over a longer duration then speak to the specialist who can factor in your own specific needs.

It’s simple to apply for Pantmawr Logbook Loans as well, the simple application form you can see on this page is all you need to fill-in with some basic details, you’ll then hear from a loan provider direct who will deliver your personalised quote.

Get your free quote today to see how much you could lend with Pantmawr Logbook Loans!

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 Pantmawr 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 Pantmawr

Lending Against Prestigious, Vintage and Classic Vehicles

Enquiring about a loan for a prestigious or vintage/classic car? You could be eligible to borrow against all prestige makes and models including Porsche, Aston Martin and Bentley plus classic car makes such as Morgan or Triumph. If you are in Pantmawr and the owner of one such car then simply get in touch today to see if you could borrow against the current market value.

no credit check Pantmawr logbook loans

No Credit Check Logbook Loans?

All logbook loan applicants are actually credit-checked, making this a popular misconception. It has been brought about because a V5 lending is often more attainable for those with poorer credit scores as a car is used as security throughout the loan period. Having a credit check shouldn’t put you off from enquiring however as you may well be eligible to borrow the money you need, so why not find out today!

loans for self employed in Cardiff

Self-Employment - Refused Elsewhere?

Being refused a loan is a common occurrence if you work for yourself, most Cardiff lenders need to see a more stable income to feel comfortable enough to lend. When lending against your car you use your vehicle as security for the repayments, thus reducing any risk associated with the lender. For this reason you may find that you are eligible for a loan even if you are self-employed in Pantmawr. You will still have to prove you can afford the repayments however.

Pantmawr business v5 loans

Can My Business Get a Loan?

While not all lenders can provide them, it may be possible for you to obtain a logbook loan for your Pantmawr business. If the company car is registered in your name, you can enquire about a business logbook loan just as you would a personal one. What’s more, if the company’s name and your name are the same, and if the company vehicle is registered in the company’s name, some lenders may work with you. Ask your individual lender to be certain.

Example Lending Amounts - From £400 to £50,000

Whatever the age of your car, you can borrow up to 80% of the current market value. The minimum loan amount is £400 up to a maximum of £50,000! A V5 loan covers most lending requirements. Take a look at the table below to see some example lending figures:

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

Loan Value Calculator

Use the sliders to see how much you could lend against your logbook in Pantmawr, up to a maximum 80%.

7000
80%

£5600

FAQs - Pantmawr V5 Car Loans

In order to ensure you are as informed as possible when enquiring about your Pantmawr logbook loan we have listed some answers to FAQs received below. If you have any more please get in touch using the form.

How do Cardiff Logbook Loans work then?

The premise of borrowing against your car is simple... use your car’s V5 title document as security to lend against the value of your car. In fact you can lend anything up to 80% of the car’s value up to a maximum of £50,000. The application process is simple, and this type of loan is popular among Pantmawr residents as they are often accessible to those with poor credit scores as the vehicle is used as security. Once your loan is repaid, you receive your V5 document back and carry on as normal.

What ID and documents do I need?

Providing logbook lenders with proof of Cardiff residency, income, car ownership, and identity is vital when you enquire for a loan. It only takes a few minutes, and you can do all of this with a handful of documents. Your photo ID, logbook (or V5 document), current MOT, proof of insurance, a utility bill, and a bank statement or copies of payslips will suffice. Bear in mind that some lenders may ask for additional information for verification purposes, too.

What makes Pantmawr Logbook Loans a good idea?

There are numerous benefits to taking out a loan against your vehicle, but perhaps the main benefit that attracts many Cardiff applicants is that people with less than perfect credit scores can still be eligible to borrow money as their vehicle is used as security. So if you can afford the repayments and need to borrow some quick money then Pantmawr v5 loans can be a great idea. Get in touch to find out more.

I’m currently unemployed, can I get a Logbook Loan?

One of the key requirements to taking out Cardiff loans against your vehicle logbook is that you can prove to the provider that you can afford to make the monthly repayments. This is part of a responsible lending approach that helps ensure you do not default on your payments and risk your vehicle not being returned. Therefore if you are in Pantmawr and unemployed you still need to be able to prove that you can afford the repayments to qualify for the loan.

I’ve got a poor credit score... does that matter?

If you’ve got a bad credit profile and you are looking for Pantmawr loans, you may be able to borrow by using your V5 document as security. Such loans work on the idea that if you have a car, you can use it as collateral to obtain a loan. Because of this, Cardiff residents with bad credit score may still be eligible to secure a loan with V5 lenders, as compared to the more conventional Cardiff loan lenders. Moreover, the loan application process is simple, the necessary requirements are straightforward, and you can often get access to your money on the same day.

I have no proof of income, can I still borrow?

If you own a car that’s registered in your name you might still be able to get a logbook loan, however you need to prove that you’ll be able to afford to make the repayments. As part of responsible lending, Pantmawr v5 lenders have to ascertain that you will be able to make the payments as needed, so that you do not end up losing possession of your car. You should get in contact to discuss your particular situation. Fill in the above form to hear directly from an advisor who will take you through the available options.

Am I responsible for car maintenance?

As part of your loan agreement, it will be your responsibility to maintain your car’s value for the entire term. Lenders do expect some wear and tear (as well as additional mileage) since you will keep possession and use of the car, but you should report any significant damage, mechanical failures, or events that depreciate your car’s value significantly. In the meantime, it is also your responsibility to carry insurance at all times, to have regular MOT checks performed, and to have the car serviced.

Will a HPI check show a Loan?

Any loans taken out against the car are normally recorded on a database which is known as the HPI Index where anybody can check for the vehicle’s history prior to purchasing it. When you do a HPI check, you will get to know the vehicle’s true financial history. The HPI check report will also show you the vehicle’s history including; whether the logbook is legitimate, insurance write-off, previous number of owners, previous number plate changes, potential mileage discrepancies, and more.

How long are the loan repayments?

Logbook lending repayment periods can take up to 36 months, which means that you get to spread the repayment for a long period of time. You can decide to make your repayments based on the schedule you’re comfortable with. You can choose the 12 months repayment period, the 18 months repayment period or the 36 months repayment period. Also, if you choose to repay the loan early, you will not be penalised.

To find answers to any further queries you may have then simply get in touch today using the short form you can see above. You’ll be contacted by an advisor who can answer any questions you have to see if a V5 loan is for you.