Logbook Loans Alternative
Find alternatives to Logbook loans easily with our FREE search in just 3 steps. Here’s how you can:
Representative APR: 279.5% | Representative Example: Loan Amount: £300 | Borrowed for 60 days | Total Repayment: £420.82 in 2 monthly installments of £210.41 | Interest Charged: £120.82, interest rate 120.8% pa (Variable).
Find Alternative Logbook Loans With LoanBird Now
Step 1 - Application
Fill out our simple application form and tell us about the type of alternative log book loans you’re looking for as well as a few personal details. This should only take a few minutes to do.
Step Two - Decision
You’ll have access to your pre-approved lender offers of logbook loans in the UK alternatives in seconds. Just review the lenders and choose the one you want to continue with.
Step Three - Cash
Once you have been successful, you will receive your digital loan agreement to sign. Review the terms and once returned to the lender, you’ll receive your cash in less than 10 minutes!
Easily Find Alternative Logbook Loans with One Application Through Us
A logbook loan can be an ideal way for some customers to secure the loan they want using their personal property as collateral. Typically, this can be a vehicle or other valuable item, depending on the lender of logbook loans in the UK. Here at LoanBird, we can help you compare lenders of alternative logbook loans that mean you won’t have to provide any collateral to secure the loan.
Logbook loans are generally used by applicants who may have a poor credit history to secure the loan, similarly to a guarantor loan. They present a lower risk to the lender as the property put up as collateral can be used to pay off the debt in the event of defaulting the loan. The good news is, by using our FREE to use search, we can help bad credit applicants find what they need without having to secure the loan with our alternative options.
By filling in just one application, you’ll see in minutes all the available lenders of alternative logbook loans in the UK and online loans together. You’ll be able to review at a glance all the available offers, comparing the terms and amounts, choosing the best option for you. This is possible with a ‘soft search’ of your credit file, which will not show on your credit report and will not affect your credit score. Just choose the lender offer you like the most and continue your application. Simple and convenient, apply now to see what you could borrow.
The Benefits of Finding a Log Book Loans Alternative Using LoanBird
Quick and easy online application
Find alternatives to logbook loans in the UK up to £15,000
Apply for log book loans alternative options online from anywhere
Instant decision alternative log book loans finder
Choose instant payday loans, business loans, personal loans and more
Find alternative logbook loans with no credit check required
Over 30 FCA authorised lenders of instant loans in the UK
Instant bad credit loans available
Cash in your account 10 minutes after approval
No brokerage fees – completely FREE to use!
How to Choose Alternatives to Logbook Loans in the UK Ideal for You
We’ve made it as easy as possible to find alternative lenders of logbook loans online. Following our 3-step process could see you receive same day funds within 10 minutes of signing your credit agreement. As we can help those with bad credit, there is no minimum credit rating needed to apply. You can also select from trusted lenders of alternative log book loans from our panel of lenders. As FCA authorised credit brokers, you will always see reliable, responsible lenders that are FCA approved, making any choice of a loan through us the right one.
Am I Eligible for Alternative Log Book Loans?
The requirements for eligibility are simple to meet when you want to use our FREE online search. It will connect you in minutes to lenders of alternative logbook loans quickly as we want to help as many customers as possible get the loan they want. You will need to be:
At least 18 years of age
A resident in the UK
Hold a UK bank account with a valid debit card
Receive a regular income
You’ll be a step closer to reviewing your alternative logbook loans offers by meeting the above. As part of your application and to help the lender provide a quick lending decision, you will be required to provide proof of identity, proof of address and your most recent bank statements. It’s recommended to have these all to hand when applying to avoid any delay in your application. A full credit check will also be required by the lender, so you will need to agree to this also. Once all approved, your credit agreement will be sent digitally and once signed, the funds for your loan will be released to your bank account.
Apply Now for Alternative Logbook Loans in the UK in an Instant
Ready to see your offers of alternative logbook loans straight away? Click apply now and start your application today. We are always available to contact if you need to ask any further questions before applying, so please get in touch when you need some assistance. The LoanBird website is full of useful information on the types of loan we can help you find, as well as our FAQs section that has common queries we receive answered.
Logbook Loans Alternative FAQs
What APR can I Expect with Logbook Loans Alternatives?
The amount of APR you will be quoted will depend on the lender you choose, with APR rates starting from 49.9% with the lenders we introduce you to. This means you could find a great deal on alternative logbook loans in the UK which you’ll be able to fully review at your own pace. Only once you have found exactly what you’re looking for should you sign any loan agreement, ensuring you are happy with the terms being offered.
What’s the Maximum I Can Borrow with Alternative Log Book Loans?
We can help you find log book loans alternatives up to a maximum value of £15,000, with traditional logbook loans being guaranteed against the value of your vehicle. This means, if the vehicle used as collateral was worth £3,000, this will be the maximum you can apply for. We can help you find alternatives to log book loans if you prefer not to use any personal property to secure a loan. Some lenders will be able to offer different amounts to others, with some only able to offer up to £5,000 for a shorter repayment period.
What Happens if I Miss Repayments on Log Book Loans Alternatives?
Usually, the risks with missing any repayments on traditional logbook loans in the UK meant the property you used as collateral could be repossessed. Our alternatives to Log book loans are unsecured to avoid this happening. If you feel you will struggle to meet an upcoming payment, or you recently have missed one, you should contact the lender as soon as possible. The lender will discuss with you a reasonable timeframe to pay any arrears. You should seek independent financial advice if you feel you are in financial difficulties. You can speak to both The Money Advice Service and Citizens Advice for helpful information