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Representative APR Range

450.5% APR Representative

Our Lending Partners Representative Example: Representative example: if you borrow £850 over 18 months at a flat rate of 132% per annum (fixed) with a representative 450.5% APR you will make 17 monthly payments of £140.72 and 1 payment of £140.76, repaying £2,533.00 in total. However, our lending partners only charge interest monthly and do not penalise you 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 are subject to affordability. Missed payments may result in additional fees and/or the repossession of your vehicle. Over 18s only, T&Cs apply

About

Our website is designed to connect you to a suitable Logbook Loan provider. A logbook loan is a loan that is secured against a vehicle. This vehicle, most often a car, serves as a collateral. In order to apply for a logbook loan You have to own a car that is no older than 10 years old and is free or almost free from financial liabilities.

The biggest advantage of the logbook loan is that after the logbook document is surrendered to the lender, the person can still use the car. After the logbook document that can also be called V5 document is given to the lender, the person is issued a loan. The amount of the loan is strictly linked to the value of the car. You can submit your application for the logbook loan quote using our website and we will connect you with a suitable logbook lender. You a reliable and integral logbook lender. No fees will be applied by the logbook lending company for this service. Logbook lending company will contact You very shortly after You submit Your application.

Please be aware of the fact that our website is not an authorized financial advisor and we do not directly offer financial products to our customers. Our website only redirects people seeking for logbook loans to the companies that have an FCA License and are registered with Office of Fair Trading. For those people that require financial advise we strongly recommend to contact independent financial agents in Your local area.

Please also bear in mind that logbook lenders we redirect You to will ask You to provide information about Your monthly income. This is necessary in order to ensure that the lender will be able to return the loan on time and does not request for loans that he cannot afford to repay.

What is more, since logbook loan is secured against a car, You have to accept the risk of Your car being repossessed if periodic payments are not made on time. If You fail to make the payments on time, it is possible that You will receive phone calls and emails from the logbook lending company asking You to make the payment. Some logbook lending companies charge for these calls, emails and other ways of contacting. Therefore, we strongly advise You to read the contract very carefully and clarify all the details about fees and extra charges. All complaints have to be addressed directly to the logbook lending company.

Consumer notice: A logbook loan is a loan that is secured against a vehicle. This vehicle, most often a car, serves as a collateral. In order to apply for a logbook loan you have to own a car that is no older than 10 years old and is clear or almost clear from financial liabilities. The biggest advantage of the logbook loan is that after the logbook document is surrendered to the lender, the person can still use the vehicle. After the logbook document that can also be called V5 document is given to the lender, the person is issued a loan.

The amount of the loan is linked to the value of the car and how much you can afford to repay, so any credit history can be considered. You can submit your application for the logbook loan quote using our website and we will connect you with a suitable logbook lender. No fees will be applied by the logbook lending company for this service. Logbook lending company will contact You very shortly after You submit Your application.

Legal disclaimer: Loansoncar.co.uk is not an authorised financial advisor and we do not directly offer financial products to our customers. Our website only redirects people seeking for logbook loans to the companies that have an FCA License and are registered with Office of Fair Trading. For those people that require financial advise we strongly recommend to contact independent financial agents in Your local area.


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