Get The Cash You Need Fast With Car Log Book Loans
Car log book loans are a practical way to get the cash you need fast
. Many providers offer these types of loans online. This means you can quickly and easily access all the information and application procedures.
With car log book loans you can get access to the money you need without having to go through all the hassle of bank credit checks. In most cases you can get approval for your loan in just a few hours which is ideal if you need cash fast.
How do I apply?
It is easy to apply for car log book loans. Before you start looking around make sure you have the following documents ready. You will need these in order to apply:
Log book (V5) this is the main document you will need. You will have to hand this over as security to the loan provider against the money you are borrowing. Make sure this is up to date and keep a photocopy for your own records.
MOT certificate some loan providers will also request the most recent MOT certificate as well as the log book.
Passport or Drivers license you can only take out car log book loans if you are a full UK citizen. The loan provider may ask you to provide formal verification of your identity and citizenship such as your passport.
2 utility bills these should be addressed to you at your property. This will provide verification that you do live at the address you have stated. Most companies will only accept utility bills that are less than 6 months old.
Once you have these documents ready to go you can start applying for car log book loans. This is easy to do by following these three easy steps.
Step 1: Find a provider
There are a number of providers offering car log book loans. It is easy to find these loans online as most providers have their own websites. Here you will be able to find out more about the loan deals and also apply online in most cases.
Step 2: Agree the loan amount
You can apply from 100 right through to 25,000. This will depend on what your car is worth and how much money you need to borrow. You will need to send through some basic details to the loan provider such as the make, model and mileage of your car. They will then agree with you how much money you can borrow and set up an instalment schedule.
Step 3: Send in your documents
You will then need to send the loan providers your log book and other documents. They will return the log book once the loan has been repaid in full (plus any interest).