Compare loans that are borrowed against your vehicle’s V5C logbook. You can still use your vehicle, but it is owned by the lender until the loan is repaid in full. Logbook loans may be expensive and can put your vehicle at risk, make sure you understand the cost of borrowing before applying. Your vehicle may be repossessed if you do not keep up repayments on a loan or any other debt secured against it.
Warning: Late repayments can cause you serious money problems. For help, go to moneyadviceservice.org.uk
This is a list of featured log book lenders, arranged in order of lowest APR Representative to highest.
£500 to £25,000
Representative Example: Total Amount of Credit £1000, Monthly Payment £163.34, Fixed Annual Interest Rate 96.00%, Total Amount Repayable £1960.08, Duration 12, Representative APR 300.30%.