I Need to Borrow Money Fast; Can You Help?!

If you’re looking to borrow money fast read on…

Money is a struggle for many of us these days. A recent survey by Yougov for The Times found that 38% of respondents would not be able to pay a sudden bill of £500 or more, and 14% would have difficulty finding £100. Young people aged 18 to 24 would be hit particularly hard.

The main issue for people is a lack of disposable income. 10% of those surveyed say that they normally earn less than they spend. With high rent and other bills to pay, they end up either using some of their savings or go further into debt at the end of each month. The survey found that 48% of all UK households were in debt (over and above their mortgage if they have one).

All this means that when an emergency bill does come, there is no money to pay for it. In this situation, you may need to borrow money fast: but where do you go for help?

Before borrowing any money you do need to be confident that you will be able to pay it back; otherwise you are going to end up struggling even more. But if you just need some short term help to tide you over a bad patch, then it may be the answer.

There are many different financial products around but when you need to borrow money fast one of the best options could be a logbook loan. A logbook loan, which is secured against your vehicle for the duration of the loan, has many advantages for an emergency situation. With a logbook loan you can:

– Borrow any amount from £400 up to £50,000;
– Receive your money either in cash (up to £5000) or directly into your bank account (up to £50,000!);
– Receive your money on the same day;
– Repay over a period of 12 to 36 months, by debit card, bank transfer or cheque;
– Repay early with no early settlement charges.

At Logbook Loans we will consider anyone for a loan and will make a decision based on your affordability to repay the loan, not just on your credit score. We do not charge any set up fees when you take out the loan.

So, if you are in a situation where you need to borrow money fast then why not get in touch with us at Logbook Loans and see how we might be able to help you?