Eaffy Logbook Loans Your Friendly Loan Advisor

Your auto is your security with our Logbook Loans, making Auto Advance open to more borrowers and reviving the method much further. Log-book-Loans with Auto Advance are not simply kept to vehicles, we in like way progression on motorbikes and vans.

We take pride in being awesome and fit change specialists, and are embraced individuals from the Consumer Credit Trade Association. With our logbook drives, this starts we will dependably ensure your month to month reimbursements are sensible, and that our terms are versatile to your necessities. Our Logbook Loans range from £250 - £50,000, so you secure as unfortunate or as much as you incline toward. Logbook advances are accessible on the more dependable choice and on the web.

You can routinely get amongst £250 and £50,000, subordinate upon how much your auto justifies, overlooking the way that you may essentially be permitted to get up to half of your auto's quality.

We comprehend the unmistakable life conditions that have made you have poor credit, and we get a handle on that there are a wide measure of times when it isn't your inadequacy. We recognize that past oversights or issues shouldn't be the reason on the most skilled technique to gage your capacity to gain and pay back later on.

We work in relationship with two of the best logbook credit advance bosses in the UK. They consider applications from borrowers with a not as much as flawless cash related assessment. Regardless of the way that you've had repossessions or court judgments, they may have the ability to help you secure the cash that you require gave you are qualified and can manage the cost of the reimbursement.

Logbookloan is a quick and main approach to manage direct wander back the money from your auto. Logbook credit is here to give a weight free, sensible and sensible answer for your budgetary needs, whatever they might be.

Logbook advances are credits secured on your vehicle, so the bank declares your vehicle until you pay the change back. You can continue utilizing your vehicle the length of you reimburse the credit. Regardless, they are costly and perilous and you ought to evade them on the off chance that you can.

Note that Logbook moneylenders take your V5 when you concur your credit. This makes them the enlisted watchman of your vehicle for the term of the credit and in the event that you miss even a solitary bundle, your auto can be sold rapidly and without experiencing a court framework. This puts logbook moneylenders into the bank of final resort class and it's a given that it's important that you guarantee you can make the reimbursements before focusing on expecting out a logbook request. 

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Stockport Logbook Loans UK

If you’ve got a bad credit profile and you’re looking for a loan then chances are that during your search you’ve come across logbook loans. Logbook loans work on the basic idea that if you own a vehicle you can secure it against a loan. The reason they are called Logbook loans is that the logbook (your vehicle registration certificate, also known as your V5) is taken by the lender for duration of the loan term, temporarily resulting in the lender owning your vehicle.

What not to do 

Logbook loans are designed as a solution for those with bad credit. If you have a perfect credit history then you are in the wrong place. You will be able to get much better rates by applying for either a bank or supermarket loan where you will have access to APR’s of less than 10%. 

Pricing and things to watch out for

As Logbook loans are aimed at those with bad credit the rates are generally quite high,ranging from 178.2% APR to 498%. Loan terms are relatively short, ranging from 6 months to 3 years with loan amounts between £300 and £50,000. The value of the loan you’re able to get with a logbook lender will depend on the value of your car. In some cases outstanding finance on your car can be deducted from the overall value of the loan offered but this will depend on the value of your car.

Note that Logbook lenders take your V5 when you agree your loan. This makes them the registered keeper of your vehicle for the term of the loan and if you miss even a single payment, your car can be sold very quickly and without going through a court process. This puts logbook lenders into the lender of last resort category and it goes without saying that it’s absolutely imperative that you ensure you can make the repayments before committing to taking out a logbook loan.

Acceptance criteria

Logbook lenders do not discriminate based on your credit score, all they require is that you own a vehicle. If you’re considering a logbook loan and own a specialist vehicle it’s worth noting that each individual lender is different and will have varying restrictions to what vehicles they accept. Some lenders for example do not accept ‘prestige’ or ‘classic’ cars - bottom line, do your research and compare lenders before applying. 

Final word

If you have a poor credit history and are looking for a personal loan then a Logbook loan is worth considering. Logbook loans do however come with a severe health warning. Whether or not you rely on your vehicle to get yourself to work or for the daily school run by committing to a logbook loan you’re putting your vehicle at risk. Therefore before applying for a logbook loan be sure you can safely meet the agreed repayments. If in any doubt, do not apply.

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The Easiest Way To Describe A Logbook Loan Is That It Is A Loan Which Is Secured Against Your Vehicle

With the popularity of logbook loans growing so rapidly more and more people are searching online for information about how logbook loans work. This article will explain some of the features of these loans and the details of how they work.

The easiest way to describe a logbook loan is that it is a loan which is secured against your vehicle. The term 'logbook' or 'v5' refers to the document which comes with every vehicle in the UK and the reason logbook loans have this name is because the lender will retain the logbook for the duration of the loan.

Logbook loans are very much different from other types of loans and this is because they are secured against an asset rather than yourself. So, for instance if you went to your bank for a loan they would most likely look at your credit rating and establish your level of risk and from this offer you a loan. With a logbook loan, the lender would assess the value of your vehicle and then offer you a loan based on this.

Another key difference in the way these loans work is that the lenders providing them do not conduct credit checks at all. This makes them a popular choice for individuals who are unable to obtain credit elsewhere and who may have a history of poor credit -CCJs, bankruptcy and so on.

V5 loans are often an easy way to obtain credit quickly. With a regular bank loan you may have to wait some time for the relevant paperwork, checks and formalities to be completed. Logbook loans can often be provided within 24 hours. It's simply a matter of starting your application online, waiting for the lender to get back to you and then meeting with them to complete the paperwork.

These loans do carry a higher interest rate than other credit options. This is due to the fact that often the people borrowing money using these loans have a history of non payment of debts which makes them a risk to lend to. The lender takes a big risk by lending money to them therefore the interest rate charged is higher. Logbook loans can be used for any purpose. Often, people use these loans for borrowing in the short term - such as to pay an unexpected bill or some emergency repairs and then when they get paid they are able to repay the loan quickly.

The flexibility of these loans makes them a popular choice. Most companies out there do not charge a free for early repayment of the loan - unlike banks, who will often charge you for doing this.


For the duration of the loan, the lender will usually keep the vehicles logbook and then return it at the end of the loan. You are able to continue driving your vehicle and using as normal throughout the loan.

In present times the economy is quite in the drags and financial condition of most people is quite deplorable. There are a number of people who find it difficult to keep up with their automobile payments as bills are getting harder to pay day by day with the high interest rates prevailing. In such a situation you can opt for auto loan modification to help pay back your loan and save your automobile.

If you work with a car loan company, then you can modify your car loan and keep your vehicle without suffering any kind of penalties for late payments or repossession. It is quite obvious that any kind of automobile owner would not like to go into any kind of repossession or any other activity which can hamper their credit. Thus in order to save your credit as well as keep the possession of your vehicle, car loan modification can make it far easier for you to keep up with the payments in the long run.

Automobile loan modification has intruded in all walks of life with finance companies and dealerships being more willing to become flexible. This versatile tool can be used to prevent repossession of your vehicle. You can negotiate with the finance company and work on the terms of the auto loan modification so that you will be able to keep back the vehicle as well as maintain a strong credit rating. In times of economic hardship, it makes sense to take advantage of such car loan modifications.

In many cases you can reduce the payments or postpone them in order to ensure that you can catch up with your finances and make most of the situation. Actually it is also of best interest to the finance company or automobile dealership to ensure that you are somehow able to continue with your payment of the vehicle that you have purchased. Thus by modifying the car loan, the finance company or the dealership would be able to continue receiving payments on the vehicle at hand instead of losing the investment altogether. In most cases the dealerships would not repossess your vehicle until and unless there is no other option.

Thus if you are facing problems in making your car payments you should contact the company with which you have your loan as soon as possible and get it modified to suit your needs better.

Remember that a logbook lender will want to see that you are earning regular income and have the ability to repay the loan. As a last resort, you could lose your vehicle if you are unable to pay the loan back but this is always a last resort and the lender will try and work out a repayment plan with you if you get into trouble.

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Your Auto Is Your Security With Our Stockport Logbook Loans UK

We take pride in being incredible and fit change specialists, and are supported individuals from the Consumer Credit Trade Association. With our logbook drives, this starts we will dependably ensure your month to month reimbursements are sensible, and that our terms are versatile to your necessities. Our Logbook Loans range from £250 - £50,000, so you secure as unfortunate or as much as you incline toward.

Logbook advances are accessible on the more dependable choice and on the web.

You can routinely get amongst £250 and £50,000, subordinate upon how much your auto justifies, overlooking the way that you may essentially be permitted to get up to half of your auto's quality.

Note that Logbook moneylenders take your V5 when you concur your credit. This makes them the enlisted watchman of your vehicle for the term of the credit and in the event that you miss even a solitary bundle, your auto can be sold rapidly and without experiencing a court framework. This puts logbook moneylenders into the bank of final resort class and it's a given that it's essential that you guarantee you can make the reimbursements before focusing on expecting out a logbook request.

Your auto is your security with our Logbook-loans, making Auto Advance open to more borrowers and reviving the system much further. Logbook Loans with Auto Advance are not simply kept to vehicles, we in like way headway on motorbikes and vans.

We comprehend the unmistakable life conditions that have made you have poor credit, and we get a handle on that there are a wide measure of times when it isn't your inadequacy. We recognize that past slip-ups or issues shouldn't be the reason on the most fit strategy to gage your capacity to obtain and pay back later on.

We work in relationship with two of the best logbook credit advance administrators in the UK. They consider applications from borrowers with a not as much as flawless cash related assessment. Despite the way that you've had repossessions or court judgments, they may have the ability to help you secure the cash that you require gave you are qualified and can manage the cost of the reimbursement.

Log-book-loan is a quick and vital approach to manage administer wander back the money from your auto. Logbook credit is here to give a weight free, sensible and sensible answer for your budgetary needs, whatever they might be.

Logbook advances are credits secured on your vehicle, so the bank declares your vehicle until you pay the change back. You can continue utilizing your vehicle the length of you reimburse the credit. Regardless, they are costly and dangerous and you ought to evade them in the event that you can.

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Logbook Loans UK

Logbook Loan is a fast and principal way to deal with oversee venture back the cash from your auto. Logbook credit is here to give a burden free, sensible and sensible solution for your budgetary needs, whatever they may be.

Logbook advances are credits secured on your vehicle, so the bank avows your vehicle until you pay the change back. You can keep using your vehicle the length of you repay the credit. In any case, they are expensive and hazardous and you should dodge them if you can.

Logbook-Loans are available on the more reliable decision and on the web.

You can routinely get amongst £500 and £50,000, subordinate upon how much your auto merits, ignoring the way that you may basically be allowed to get up to half of your auto's quality.

These are the reports that show you are the chosen watchman of the vehicle.

We take pride in being great and fit improvement experts, and are endorsed people from the Consumer Credit Trade Association. With our logbook drives, this initiates we will reliably guarantee your month to month repayments are sensible, and that our terms are adaptable to your necessities. Our Logbook Loans range from £500 - £25000, so you secure as regrettable or as much as you slope toward.

Your auto is your security with our Logbook Loans, making Auto Advance open to more borrowers and breathing life into the technique much further. Logbook Loans with Auto Advance are not just kept to vehicles, we in like path advancement on motorbikes and vans.

Note that Logbook moneylenders take your V5 when you agree your credit. This makes them the enrolled gatekeeper of your vehicle for the term of the credit and if you miss even a lone package, your auto can be sold quickly and without encountering a court system. This puts logbook moneylenders into the bank of last resort class and it's a given that it's noteworthy that you promise you can make the repayments before concentrating on expecting out a logbook insistence.

We understand the unmistakable life conditions that have made you have poor credit, and we grasp that there are a wide measure of times when it isn't your deficiency. We acknowledge that past mistakes or issues shouldn't be the reason on the most capable method to gage your ability to acquire and pay back later on.

We work in association with two of the best logbook credit advance supervisors in the UK. They consider applications from borrowers with a not as much as faultless money related evaluation. In spite of the way that you've had repossessions or court judgments, they might have the capacity to help you secure the money that you require gave you are qualified and can deal with the expense of the repayment.

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Top Five Benefits Of Car Log-book Loans

If you are looking for a log book loan, you’re in the right place!

However, if you are after a little more information before committing to a loan, why not have a read of our top five benefits of choosing a log book loan from Eaffy. We think you will be pleasantly surprised!

Borrow what you need

Here at Eaffy, we are able to offer loans from £250 right up to £50,000.

Loans are agreed based on the value of your car as well as your personal situation and your ability to make potential repayments. All of this is discussed with you and we would never encourage you to borrow more than you need, or more than you can reasonably afford to repay.

Easy to understand

We are proud that our lending process is easy to understand – we will not try to bamboozle you with tricky terminology and complicated lending rates.  You can either apply online and pop in with your documentation, or do the whole loan application in store – either way, one of our friendly team will talk you through the steps and you will be encouraged to read through all of the paperwork before you sign upon the dotted line!

Quick cash

We understand that sometimes things just crop up unexpectedly and that sometimes you will need the cash – and fast!

So, after you have completed the loan application and everything has been signed and approved, the money is transferred straight into your bank account, usually within one hour of approval. One of the biggest benefits of our quick cash transfer is that you are left to get on with your day, and your life. 

The car is still yours to use!​

After completing your logbook loan, you will still have access to your car and be able to use it for your usual daily routine, as you were before - the car is still yours to use for work and leisure purposes.

Very occasionally do we have to resort to repossessing a customer’s car due to lack of payment, but this is only in extreme cases in which we have been unable to gain a satisfactory result with the customer and after all the legal notices have been sent, as per the Consumer Credit Act 1974.

Favourable eligibility criteria

We understand that many people will have a blemish or two on their credit history. That’s why we do not automatically refuse loans for those that have had credit defaults, CCJ’s, or have been made bankrupt. We work with you to establish whether the loan is right for your personal situation, taking into consideration your credit history. Every applicant and application is treated fairly and with respect, regardless of previous circumstances and history – and we are proud of this!

Think a log book loan is right for you? 

Why not give us a call today to discuss further on 08081635342 or simply apply online today!

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Process Of Getting A Logbook Loan

There are two sorts of individuals who are most enamored with logbook credits: the individuals who can't get their hands on general advances and the individuals who don't wish to hold up through the whole procedure. Logbook Loans, as well, have a methodology to take after, yet it is no place as monotonous as the traditional one. It is entirely straightforward however a long way from normal learning. Individuals need to know increasingly about logbook advances and this article listens to their interest. So on the off chance that you have found out about the advance and are acquainted with the fundamental idea, yet at the same time wish to become acquainted with the definite strides that occur, this article is for you. It investigates the whole course from application to endorsement.

On the off chance that you will put your auto as security and get a logbook advance affirmed, yet stay ignorant regarding where to begin, the principal thing you have to do is discover the moneylender. These loan specialists are turning out to be progressively open and you ought not have much trouble discovering one on the web. Notwithstanding, ensure it is a nearby organization, since they would in the end need to see your auto. You ought to search through various necessities and read through late charges and increments in loan costs, in the event of steady late installments. Becoming acquainted with the bank totally, before going ahead, is dependably the smarter choice. You would prefer not to put the responsibility for auto into wrong hands. Be that as it may, on the off chance that you are managing an all around presumed firm, these second thoughts ought not stress you.

Having settled on where to get the advance from, you can continue towards the online application. This application is shockingly straightforward. These applications more often than not request individual, work, monetary and auto related subtle elements. You ought not need to take out more than 15 to 20 minutes to finish the application. On the off chance that you discover any sort of trouble filling the structure, you can simply call the without toll number, where the administrator would walk you through the whole application-filling process. In the event that there are a particular inquiries you require replied, don't hesitate to inquire. This progression closes once you present the application. Presently you ought to sit tight for an answer.

When your application is affirmed, expect a telephone call from the administrator. It ordinarily talks about a couple points of interest, affirm your enthusiasm for getting the advance and above all, organize an arrangement. This arrangement includes a visit from an agent of that organization. He or she would be in charge of reviewing your auto and guaranteeing that the subtle elements, which you entered in your application, are valid. Since they hold your auto as guarantee and offer it to settle your obligation in the event that you don't pay back the advance, they would need to be fulfilled.

Next, we move the last stride. In the wake of assessing your auto's worth, they will get in touch with you with the offer. They are prone to offer around half 75% of the auto's assessed worth. On the off chance that you acknowledge the offer, you can have the cash inside 60 minutes. After getting the cash, you handover the auto's logbook, alongside its lawful possession, to the loaning foundation.

Presently, you have the cash in your grasp and the auto in your carport. You can would whatever you like to do with the cash, they have positively no sympathy toward it. What they do look forward is credit reimbursement and interest installments. For whatever length of time that you orchestrate that, your relationship is sans anxiety and great to go. As should be obvious the procedure is exceptionally shortsighted. There is insignificant printed material and practically zero bother. On the off chance that you contrast it with different advances, it looks pipe dream. Maybe this is the reason individuals are progressively turning towards logbook advances.

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