Friday, 10 December 2010
Logbook Loans Can Offer Fast Access to the Cash You Need
If you own your own car or it is almost paid for then you could qualify for a logbook loans. These fast, easy access loans offer a practical way to borrow money by using your car as security.Who Qualifies for a Logbook Loan?You do need to be over the age of 21 years old (some providers require you to be over just 18) and a UK resident in order to apply for a logbook loan. You will also need to be the legal owner of the vehicle you are offering as security against the loan and have all the relevant documentation to go with the car. Ideally you should fully own the car but if you have almost paid it off the provider may be willing to lend against the vehicle.How much can you borrow?This will depend very much on how much your car is
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