Last Updated:
January 18, 2020

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Logbook Loans For Bad Credit
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Are Logbook Loans Good Or Bad?

Any quest for bad credit loans will undoubtedly have unearthed adverts for logbook loans which are often advertised as no credit check loans or guaranteed loans for bad credit but what are they and how do they work? Logbook loans are also called V5 loans and provide access to cash that’s secured against the value of a car or other vehicle and the logbook or V5 registration document is lodged with the lender until the loan has been repaid in full. This means that anyone who owns a car can often get a loan… too good to be true? Any Keep Reading >>>
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Dangers Of Bad Credit Logbook Loans

Bad credit logbook loans are a popular option when it comes to sub-prime loans and finance. Normally relatively small loans are provided and secured on vehicles such as cars, vans and motorcycles or any other vehicle with a logbook, through a Bill of Sale. The popularity of logbook loans stems from the open eligibility criteria and the subsequent attractively worded adverts such as; no credit checks loans, same day cash loans, any purpose loans, bad credit loans, CCJs accepted, etc. Because the loan is guaranteed against the value of the vehicle there are no credit checks, if the applicant has Keep Reading >>>
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Logbook Loans

Logbook loans – if you own a car or other vehicle and need cash in a hurry then a bad credit logbook bad credit loan is  an option. You keep driving your car or vehicle but use its value as security against the loan. The funds can be issued the same day plus what’s more there are no credit checks. A logbook loan is ideal for people who may currently have bad credit as it is secured against your vehicle’s logbook and hence represents a greatly reduced risk to the lender. Your vehicle should be clear, or nearly clear of finance, the amount you will be Keep Reading >>>
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