Need quick cash? Logbook loans the answer!
Quick cash logbook loans could be the answer to your financial problem! Sometimes in life you just come up against a brick wall! This applies as much to finance as to any other area of life. You manage to survive from month to month, and just when you think things are beginning to gradually ease up, something unexpected turns up to throw everything into chaos…
It’s like the old saying “robbing Peter to pay Paul” – except Peter suddenly finds out and demands all his money back!
So what can you do? When you need money quickly for something unexpected, or an emergency and there’s simply nowhere to get it from: you have no savings to fall back on and you have exhausted all other options.
If this describes you, do not panic, you are not alone! In late 2016, a study by the Money Advice Service (MAS) found that over 16 million people in the UK have savings of less than £100. If you are either on a low income, or a reasonable income but with lots of financial commitments, saving can be a real challenge as there is simply not enough money to go round.
But if you have no savings and need cash quickly for something then one way forward might be to look for a loan. This in itself might be a frightening thought, particularly if your credit rating is not very good. One option you may want to consider in these circumstances is quick cash logbook loans.
A logbook loan is a loan that uses your vehicle – car, van, bike, classic car or high end privilege vehicle – as security. This means that you are able to access the money that your vehicle is worth (up to £50,000!) without having to sell it. You keep the vehicle for the duration of the loan and have full use of it as normal, but the lender holds on to your logbook (V5 registration document) until the loan is paid in full.
Because a logbook loan is secured against your vehicle, it may be possible to obtain a loan even if you currently have a poor credit rating. The main criteria on which the loan decision is based is whether you are able to afford the repayments.
There is also no stigma attached to applying for a logbook loan. Many of us feel quite intimidated about anything to do with our finances, and worry about being judged if we apply for a loan to help us get things sorted out. But at Logbook Loans our friendly team are here to help you, whatever your background or financial circumstances.
There’s more good news! If your application for a logbook loan is accepted, then you should be able to get your money quickly. At Logbook Loans we can usually give you your money on the same day that you apply! An instant solution to your financial problem.
So if you want to look in more detail at quick cash logbook loans then why not get in touch with us at Logbook Loans? You can visit one of our branches, call us on 0330 400 4137 or enquire online.