349.9% APR Representative: If you borrow £1,000 over 18 months at an interest rate of 160.2% per annum (fixed). You will make 18 monthly payments of £149.14 with a total amount payable of £2,684.52.
Logbook Loans: Poor Credit Accepted...
Here at AutoMoney it is our mission to make it as simple as possible for people to borrow money responsibly (subject to affordability). Our logbook loans service enables you to borrow money using your car as security for the loan and we always check whether a logbook loan is right for you, and whether you can afford the monthly repayments.
what you need to know about a logbook loan with us
- Unlock the cash in your car now to get a loan
- Repay your loan over a period of your choice, 18 to 36 months
- Fixed monthly repayments so you know where you stand
- Make additional repayments to reduce your balance
- Only pay interest on the amount outstanding
- Maximum APR 349.9% with no hidden fees payable
We made the process as straightforward as possible
2: Once approved, one of our local nationwide agents will come to visit you at a convenient time and location for you to sign and complete your application.
3: You could have your money in your bank account in as little as 60 minutes from approval.
Tell Me More About Logbook Loans...
A logbook loan is a form of secured lending in the United Kingdom and is the most common modern example of a security bill of sale. Borrowers transfer ownership of their car to the logbook lender as security for a loan. While making repayments borrowers keep possession of their vehicle and continue to use it.
Why You Should Choose AutoMoney
Poor Credit? You could still get a Logbook Loan TODAY…
We could provide £500 to £5,000 over 18 to 36 months today with a same-day logbook loan.
No Hidden Fees or Charges
There are absolutely no hidden fees or charges with our logbook loans – we are here simply to help our customers when they need us.
Loans Paid Out the Same Day
We provide same day logbook loans for people who may have experienced credit issues in the past. We’re here to help you when you need us, but without charging you the earth.
Simple and Fast Application Process
We’re here to make life easy for you! All you need to do is apply online or call us on 0808 132 1001 and one of our friendly team with let you know how much it will cost. If you decide to go ahead with your logbook loan our team will even complete the paperwork on your behalf! Once the loan has been approved we will transfer your money by Express Bank Transfer straight into your bank account so it is possible to have the money in your account within just an hour of approval!
Fixed Rate of Interest
You always know exactly where you are with our logbook loans because the interest rate is set for the entire repayment period and will not change.
– We can still help you, even if you have had credit issues in the past
– You keep, drive and maintain your vehicle during the loan
– You can borrow the money for a longer period than a short term loan so your repayments can be lower