Loan Access

It can be really difficult in the UK to get by when you have bills to pay and mouths to feed. It can sometimes seem like the world is against you when you are living pay check to pay check. This is something that is really stressful, especially if something essential in your life breaks down and needs to be replaced or repaired. This is where a logbook loan can help. As long as you have the logbook for your car and it is clear, or nearly clear of finance, you may be eligible for a logbook loan in your time of need.
What is a logbook loan?
A logbook loan is essentially a loan where your car is your collateral. The best part is that you don’t even need to surrender the use of your car. That’s right, you can keep driving around in your car which is essential for day to day life, and still get a loan. We are able to do this by simply holding on to your logbook for the duration of the loan. Loan Access are one of the best companies in the business to get you started with a logbook loan. Our trusted associates can set you up with the best logbook loan rates and a simple repayment schedule to suit your situation perfectly. All you need to do is fill in the form above and you can have the cash within 24 hours.
When is a logbook loan the right choice?
It is true that the interest rates on logbook loans are higher than the normal interest rates on banks and credit union loans. For this reason, we would recommend that you obtain a bank loan if that is an option for you, instead of a logbook loan. Sometimes though, people are unable to get a loan from normal financial institutions because they do not have a good credit rating. In some cases, the banks will give a loan, but the interest rate on the loan is much higher than the standard rates. At this point, the options left are few. There is always the possibility of going to a loan shark for some quick cash, but this will likely leave you in a worse situation than it finds you. The interest rates from loan shark are usually very high, and they will require collateral that you may not be able to get back if you can’t make the repayments.
After you go to the banks and before you go to the loan sharks, there is a stop you should make: logbook loans. There are no credit checks, which means you’ll be able to get the money even if you have a bad credit history. If you are still unsure whether or not you should be looking in to logbook loans, you can visit an independent financial advice institution such as www.money.co.uk.
Borrow up to half the value of your car!
At Loan Access, you will usually be able to borrow up to half the value of your car, not exceeding £50,000. This amount will depend on your salary and how much you are able to comfortably pay back. The loan will usually need to be paid back within 12 months, and you’ll need to prove that this is within your means. The last thing we want is for you to have another bill which you can’t pay back.
Spend on whatever you want
Once you have the money, we don’t mind what you do with it. You can spend it on a new washing machine, a family holiday or to meet the bills. The point is that this isn’t like a business loan where you need to have a purpose for the money disclosed with the bank. Logbook loans are for you and your family to get what you need in a tricky situation.
If you are thinking about getting a logbook loan simply fill out the form at the top of the page to see if you are eligible. If so, we will find you the best logbook loan rates on the market for you and you could have the money in as little as 24 hours. If you still need further information or have any questions, you can check out the FAQ section or head to an independent advisor like www.citizensadvice.org.uk.