From time to time, we all experience a need for cash in one of life’s emergencies. Those who have excess liquidity are lucky as they can simply take a bit out of their savings and move on. Others, however, are not as fortunate. They will need to borrow money from friends if any are willing to give some or apply for a loan from a lending institution that understands their plight. These can be difficult to do especially for a substantial amount of cash. Logbook loans in Bristol provide an excellent alternative that is much easier to obtain while offering the following benefits:
Age 18+ UK Resident Own a Vehicle Vehicle Model Year 2008 or Newer Vehicle Should be Free of Finance
If you meet the requirements you could get a loan!
Fill the form below to get a QUOTE!
Money Delivered Fast – Same Day! No Admin or Setup Fee Bad Credit Considered Can Borrow £200 to £50,000
Need cash in a hurry? You get cash the same day!
And you keep your vehicle!
Keep Your Keys
The applicant’s car will be considered as collateral in this type of arrangement. This guarantees the lender that their borrowers will diligently repay the money owed on their due dates. There is no need to worry about losing the vehicle as long as the payments are made. In fact, owners get to keep the keys for the entire length of the loan period. They can still use it to drive around as normal even after it has been included in the contract. In effect, all that the owners do is utilize the value inherent in their property to gain a bit of leverage.
Large Amounts Possible
Most logbook lenders are able to dispense between £500 and £50,000 for each application. Two things will have the most influence on the money given. The first is the amount being asked by the borrower. The second is the approximate value of the car that is serving as the guarantee – the higher the value, the higher the figure that can be given to the applicant. Loans can be taken for 12, 18 or 36 months. The interest rate can be quite high though not quite as lofty as those being asked by payday lenders. Just be sure to understand the details of the contract including the possible penalties.
Transaction Today
Logbook loans are particularly suited to individuals who are trying to obtain money today. This may be for hospital bills, school tuition, utility bills, or some other obligation with a looming deadline. Since there are no background checks required, it is easier for the applications to get the seal of approval. The only requirements are for the borrower to be 18 years or older, prove legal ownership of the vehicle, and show evidence that it has been fully paid or nearly so. If all of the documents get submitted right away, then the application might be approved with 24 hours with the money following shortly after.
Get Your Logbook Loan Today
Thousands of people benefit from these loans every single day. You can be one of them. Make use of the free quotes being offered by the lenders to see just how much you can possibly get with your car as the guarantee. This no-obligation quote will give you with a clearer picture of what the loan is all about. After receiving it, you may then decide to push through with the application and acquire the money you need within the day.
