Bad Credit Loan Against Car – CITROEN XM

Just like a high street money shop lends you cash based on the value of your goods you can get a cash loan against the value of your car.The best part is that you keep your car, no trade-ins! Dalbeattie Logbook loans are a great, stress-free way to get cash from your car. Simply complete our quick and easy application form and one of our representaives will give you a call to arrange a visit to value your car and give you a loan quote. The process is really simply and you could have the money you need today. The fact is this type of logbook loan can have lower APRs and therefore cheaper than some other last minute loan and payday options.


Logbook Loan Representative example:

Total amount of credit Total amount repayable %APR representative Fixed annual interest rate Duration Instalments
£850 £2,533 450.5% 132% 18 months 17 x £140.72 1 x £140.76

First4LogbookLoans are a broker and not a lender who refer customers to other brokers or lenders that are authorised and regulated by the Financial Conduct Authority. When taking out a logbook loan, the logbook is held and owned by the lender until the loan is re-paid

However, interest is charged monthly and you should not be penalised for early settlement. If you repaid the loan in one month it would cost you just £93.50 and nothing more. Logbook loans are secured against your vehicle and subject to affordability.

There are no setup fees when you take out the loan, nor is there any charge for settling early. You may however incur charges if you fail to make your payments on time. Any late payment charges will be clearly set out in the agreement you sign with the lender and will be explained to you fully before you take out the agreement.

All loans granted subject to affordability. Proof of income will be required. A Log Book loan is secured against your vehicle, which may be repossessed if you do not make payment. Late or missed payments may incur a charge for chasing letters and telephone calls. Over 18's only, T&Cs apply. Lenders abide by the CCTA voluntary Code of Practice. We do not have a renewal policy.

Logbook Loans