subject: Secured Loans against Logbook-Access additional funds against your car logbook [print this page] Secured Loans against Logbook-Access additional funds against your car logbook
If you own a car and ready to secure its logbook paper as a security, secured loans against logbook is the appropriate loan option for you. A logbook is basically a vehicle registration certificate issued by vehicle licensing agency. Thus, when you are in some sort of cash emergency because of arrival of unexpected financial trouble, this is the pertinent financial support for you. When you are looking for some hassle free financial aid and you have a car of your own, this is the ideal external financial aid for all.
Secured loans against logbook is a secured form of loan that just demands your logbook papers. However, you can enjoy driving your car anywhere around the world without any lender's constraints. Lender does not demand for any valuable asset at all. Thus, one can enjoy this loan without any collateral related mess and even you do not have to undergo faxing hassle at all. The loan amount that you can borrow is fixed that can be ranges from 500 to 50000 with the easy repayment period of 3 to 7 years. However, the amount you are allowed to borrow basically depends upon the value of car. Use the funds for any purpose without any constraints.
For getting approved with logbook loans with easy terms, you are required to qualify the mentioned below eligibility criteria. Such as:
-You should be a stable resident of UK.
-You should attain eighteen years or more.
-Keep in mind that the logbook should be under your name
-The car you place should not be more than 8 years old.
-It should be clear from all taxes and must be insured.
-You need to have a checking account.
-A regular employment is necessary.
-The car should be maintained in the proper condition.
Plus, this loan lender does not bother about your credit status. Thus, applicant with any type of credit status can apply with this loan without any apprehensions. If you are holding many bad factors such as insolvency, foreclosures, late payments, arrears, and so on, you can still apply.
Now, you can leave your financial worries behind with the easy and fast assistance of secured loans against logbook.
