Representative 277.5% APR
Representative Example: £700 @ 12 months at £111.27 per month, total repayment of £1335.24, Interest £635.24, Interest rate 140% p.a. Representative 277.5% APR (Variable). APR rates range from 45.3% APR. to 1575% Max APR. Your APR rate will be based on your circumstances.
We are a FCA authorised credit broker, Not a direct lender
Warning: Late repayment can cause you serious money problems. For help, go to Moneyadviceservice.org.uk
How Much Can I Borrow with Logbook Loans Online?
We provide loans from £50 to £1000.
The amount of cash you can lend depends on the worth of your car / automobile and how much you can perfectly afford to pay back – the greater the worth of your car, the more cash you can possibly lend but you must be capable to manage the cost of the logbook loan installments in order to have your request approved. If you cannot get approval for your very first loan amount we may be capable to provide you a smaller loan with more economical repayments.
What are Cash Converters Logbook Loans?
Logbook loans are easy way of borrowing money that use your car or automobile as security. Utilizing your car as security permits you to get a much better interest rate in comparison to some other forms of credit.
Loans are secured from cars / automobiles using a papers called a “Bill of Sale”. A Bill of Sale permits you to keep control of your car while you pay back the logbook loans – we basically keep hold of the car’s logbook.
The quantity you will be able to lend will be influenced by how much you can perfectly afford to pay back per month. The worth of the vehicle becoming used as security also impacts the quantity that you can borrow.
Who are I Got Loan?
We are the greatest recognized fast logbook loans company (Broker) in the UK with many years experience. I Got Loan are authorized and managed by the Financial Conduct Authority (FCA) and we usually make particular that every loan we offer is suitable and very affordable for the customer. As members of the Client Credit Trade Association we manage by a strict code of process and we only lend properly.
What is a “Bill of Sale”?
If you utilization your car as security you will be necessary to sign a documents known as a “Bill of Sale”. The “Bill of Sale” document is what offers a lender security over your car and means that they are officially the vehicle’s legal owner till you have paid back your loan. As a result of this we do not want a court order to take back your car if you do not keep up your installments.